Music Trade Review

Issue: 1924 Vol. 79 N. 1

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
JULY 5, 1924
THE POINT OF REVIEW
C
ONSIDERING the amount of training which the average
young piano salesman receives it may be said that the good
piano salesman becomes good in spite of it. For there are very
few merchants or sales managers in the retail piano trade who take
any great trouble to train their own sales forces or who go much
out of their way to aid the young man who is breaking into the
business. Yet, taking the experience of those dealers and managers
who have worked along these lines, it can be said that there is
mighty little work in the retail piano trade that brings such real
dividends as this does. Why is it neglected, therefore?
me «e
«?
ARGELY carelessness is the correct answer summed up in a
few words. The average dealer or manager may have all the
good intentions in the world, but, taken up as he is with a multi-
plicity of detail in the business, he finds little time to devote to a
work which on the face of it does not yield immediate returns
and which in some cases yields no apparent returns at all. For the
dealer or manager too often thinks that if he devotes time and
energy to training a young salesman, more often than not that sales-
man when he becomes a real producer leaves him for some other
dealer who receives the benefit of the former's effort. A natural
enough conclusion, but one which, in the long run, is wrong for a
well-trained salesman in the retail piano trade is an asset not only
to the man who employs him but to the competing dealer with
whom he fights for sales. A man who is trained right sells right,
and no dealer or manager can ask for a better break in competition
than to meet this form of selling.
L
M
OST of the trouble in retail piano selling is caused by salesmen
who do not know their business, and the responsibility for
that can be traced directly back to the men under whom they
received their first experience. The salesman who spends more of
his time trying to convince the house that it ought to accept a sale
on terms that are beyond the maximum than he does in closing the
actual sale is a victim of incorrect training. Nine times out of ten
he started with a house that sold on any terms, more or less, in
order to close a sale. The salesman who represents the prospect
rather than his employer in settling on an allowance for a trade-in
usually came originally from a house where the trade-in in reality
was a means of concealed price cutting. Habits obtained early in
experience are hard to shake off and rare is the salesman who can.
really do it. The salesman who never gets a prospect who looks
like a bad credit risk usually had his first contract signed with a
house that sold to anyone and everybody and gambled on its sales
paying out as they ought to do. And once he has that streak he
never quits gambling so long as he stays in the business no matter
how tight the credit system may be of a house for which he even-
tually works.
iH
K
M
T ? O R , remember, training retail piano salesmen is not so much
-I training them how to close a sale as it is training them how to
close a sale that will stick and show an eventual profit. It is not
a hard thing to sell pianos, providing the terms of a sale are liberal
enough. And it is human nature for a salesman to follow the lines
of least resistance. Rut the house whose selling policy is based on
such methods is the house that, in the long run, shows no net profit.
Its paper shows a heavy percentage of past due, its average sale is a
sale of terms and not music, and while its volume may be imposing
its real condition is something that no retail piano dealer need envy.
And the whole thing may be traced directly back to the way retail
men are trained, for once a retail sales force gets into slack habits
the only way to reform it is to replace it with a new one.
i$
%
vi
' T P H E real training of a retail piano salesman shows not in the
A volume of sales he makes, but in the profit the house makes
on the sales he closes. Many a salesman who has a reputation
and a comparatively big income to-day would be in quite another
class if his sales sheet were based on the profit and his commissions
paid on the same basis. In fact, there is no retail sales force that
would not benefit if these figures were available and if they were
applied once or twice a year to the individual salesman's efforts.
It would be a mighty good thing in a retail house where periodical
lists of .^alepmen are made up according to their relative standing
for two lists to be shown, one based on volume and one based on
profit. Some startling upsets would occur if this were done, and
many a ?tai salesman would fall below the steady plodder, whose
volume of sales is not nearly as impressive, but whose profit makes
the "white-haired boy' of the warerooms look like the traditional
thirty cents. The retail piano trade has never lacked retail sales-
men who could sell pianos, despite all claims to the contrary; what
it has lacked is salesmen who can sell them right and on terms that
are right as well.
K
«
K
T
HE Music Industries Chamber of Commerce to-day is working
to evolve a correspondence course in retail piano and musical
instrument salesmanship. Training of this kind can help the
average young piano salesman, even though there are a good many
men who are prone to consider that it is of no particular value.
For salesmen are made, not born, these days, and there are certain
fundamentals that every one has to learn. To learn these in theory
is easier than learning them by hard experience and costs less. But
that is all such a course can do—teach the fundamentals. It cannot
take the place of a bad example set by the head of the house or by
the man who has direct charge of the salesmen. Nor is it expected
to do so. What is needed to make better trained piano salesmen is
better selling methods on the part of the houses that employ them,
and until we get the latter we are not going to get the former. There
is not the slightest chance of argument so far as that is concerned,
nor is there ever going to be a chance for it.
V$
K
%
T
HUS the most valuable asset in training good salesmen is the
example set by the house itself in the requirements it demands
in every sale. The next most valuable asset is the attention the
deaier or the sales manager gives the novices in his sales organiza-
tion. As pointed out above this is never wasted effort. To neglect
a young salesman simply because he may go to another house once
he is trained is like the policy of biting off your nose to save your
face. The face remains, of course, but whatever good looks it had
are spoiled forever. It is necessary to repeat here that a well-
trained salesman, the type that closes good sales, is an asset to the
entire trade as well as to the house that employs him. For that
type of salesman competes on a basis of value and quality, never
on a basis of prices and terms. He does not have to resort to the
latter tactics for he has salesmanship enough to confine the fight
for business to the former basis.
N0
*£ Mf
H E R E is a certain retail sales manager well known in the trade
who makes it a policy to hire inexperienced men for his selling
force almost without exception. In six months on an average these
men are either no longer in his employ or else they have become
producers of good business. How does he do it? By giving the
new men personal attention, by seeing that they obtain a certain
number of good prospects and not all the dogs in the lists, by
encouraging them to come to him directly with their problems,
by helping them to close and giving them full credit for a sale when
he helps them to close it. Every man who goes into his employ
feels that this manager is as much interested in his success as he is
himself. He knows that hard work and all his interest is expected,
but at the same time he knows that he is going to get all the co-
operation possible. If the average dealer and manager would take
a leaf from this man's book and adopt the same policy regarding
the new men who come into his employ the dearth of good piano;
salesmen about which we hear so much and which has become so
marked that the associations themselves have had to take action
regarding it would soon be a thing of the past and the whole
industry the better off for it. That is the real solution of the^
problem of better salesmen.
;
T
T H E RF.VIF.WKR.
'
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUt,
JULY 5, 1924
TRADE
REVIEW
Bringing Delinquent Debtors to Book
System of Personal Letters Used by N. Goosman, President of the Goosman Piano Co., Toledo, Ohio, in
Dealing With Overdue Instalment Accounts Which Brought Satisfactory Results—Per-
sonal Letters Make Collections Where All Other Means Have Failed
S has been stated so many times—no sale
is completed until the cash is in the bank
account. Realizing the importance of that
assertion and being desirous of getting all past
due accounts into more liquid form, Fred. N.
Goosman, president of the Goosman Piano Co.,
Toledo, O., undertook recently through a series
of personal letters to close all delinquent ac-
counts.
While the house has often used collection
forms and letters of the fill-in variety, it was
believed that customers soon get to look upon
that type as meaningless. Hence a personal
letter to fit each individual case was dictated.
These, to be sure, were as varied as the people
to whom they were addressed, for Mr. Goos-
man is personally acquainted with most of his
debtors and has a card full of information about
each one. Therefore, he was able to write let-
ters which drew money from its hiding places,
or, at least, brought delinquents to the store,
which was their purpose.
The following is a sample letter which
brought the debtor in:
"May 1, 1924.
"Dear Mr. Bouch: Enclosed is statement of
your account showing $76.80 all past due.
"We must how insist upon your calling and
taking care of this at once as it will be impos-
sible for us to continue with the account in its
present condition.
"During the past, Mr. Bouch, on account of
your long friendship and our acquaintance with
your wife's family we have been patient with
you, hoping from month to month that an effort
would be made to take up some of the past due
amount. Instead you have allowed it to get
worse, and while you have made a few payments
they have not helped the account much.
"If you expect us to continue carrying this
account it will be necessary for you to make a
big payment no later than the sixth and then
see the writer regarding the balance. It is
mighty important that you take care of this
without delay."
That letter brought Mr. Bouch in with a $30
payment and an explanation that his wife was
visiting her people and his daughter needed
some party things, so he had become short of
cash. He also arranged for taking care of the
balance.
But unfortunately all delinquents do not re-
spond so promptly. Here is a series of three
letters written to Mr. Doyer, a transportation
man, who was not moved to pay until he had
been literally smoked out:
"May 6, 1924.
"Dear Sir: On the first we called your at-
tention to your past due account of $94.20. We
made a distinct request that you call at the
store. This you failed to do, so we must now
insist that you send check for the entire amount
by return mail so that we can cancel the chattel
mortgage which we hold against the player-
piano.
"We had expected all along that you would
get the past due amount caught up before the
entire amount became due, but you have made
no effort to do this. Therefore, inasmuch as
our creditors want their accounts it becomes
necessary in order for us to pay them to collect
all our past due accounts.
"Yours is a very old one, therefore we must
again insist upon immediate payment. So see
A
Highest
Quality
the writer as soon as you receive this letter."
That letter did not move him, so another was
sent.
"May 11, 1924.
"Dear Sir: We are disappointed in your not
taking better care of your account and feel that,
in neglecting our requests for you to call, you
have not the proper interest in protecting your
agreement.
"Now, Mr. Doyer, we are not going to carry
your account any longer in its present condition
and unless you call with a payment and arrange
for future payments by Saturday we are going
to resort to other means to get this account
closed. We want to be reasonable in this affair,
but if you won't take care of your end we must
protect ourselves. So please see the writer by
Saturday if you expect further consideration
from us."
Still he failed to respond, thereupon a clincher
was dispatched.
"May 16, 1924.
"Dear Sir: Our recent letters have received
no attention from you, so this is to notify you
that unless payment is received at this office by
the twenty-second we will close the account and
send for the piano.
"We have given you every opportunity to
take care of your account. Your neglect causes
us to believe that yo do not care about your
obligations."
The last letter in the series scarcely had time
to reach Doyer when he came rushing to the
store. He was defiant and boldly asserted he
would pay when he got ready. However, a few
hot shots straight from the shoulder soon made
him change his attitude. He offered a compro-
mise and was told the only proposition the
store would entertain was cash or a note, with
interest at 6 per cent, covering the entire ac-
count, plus a 10 per cent addition to the amount,
the carrying charge made on all delinquent
accounts. This proposal again set him off, so
he was told to borrow the money from a bank
at 6 per cent and pay up. He hotly declared
he would do this and left. In the course of a
couple of hours, however, he returned, after
having visited three or four banks and receiving
courteous turndowns. He was now in an ap-
proachable mood, he paid $20 and signed the
note for the balance of the amount, plus the 10
per cent charge.
It will be noted that the letters were written
five days apart and, while not severe, did not
mince words.
Every past due account on the books of the
Goosman Co. received a letter similar in tone to
one of the above and few failed to respond.
Some came with knees shaking, others with
tears in their eyes. Others took the dun in a
good-natured manner. To all, however, the pro-
posal that cash must be paid at once or the 10
per cent carrying charge would be added to the
amount was made. Most of the debtors ac-
cepted the terms. Many realized that the penalty
was deserved. Practically every one of the lot
desired to keep his piano.
Each to be sure had his or her excuse story to
offer. In the majority of cases carelessness, ex-
travagance and wastefulness were at the bottom
of their troubles. Thrift has no part in the lives
of most persons who are continually.in debt.
From the standpoint of the house this series
with the kickback of 10 per cent carrying charge
T
ONKRENCH
is the most successful collection effort ever
attempted by the company. More money was
collected and a greater opportunity to foster the
policies of the house presented than ever before.
Most persons are fair and are willing to admit
their faults. Indeed, several declared they had
spent the money intended for payment on the
piano because no collector had called to get it.
The unusual plan points a remedy for the collec-
tion ills of music merchants generally.
Death of John S. Spring
ALLIANCE, O., June 30.—John S. Spring, head
of the Spring, Holzwarth Co., operating depart-
ment stores here and in Salem, died at his home
in this city recently at the age of sixty-seven,
following an illness of two years. The local
store of the company maintains one of the larg-
est piano departments here.
Consult the Universal Want Directory of
The Review. In it advertisements are inserted
free of charge for men who desire positions.
Pratt Read
Products
Piano Ivory
P i a n o Keys
Piano Actions
Player Actions
Established in
1806
at Deep River, Conn.
Still There
Standard Service and Highest Quality
Special Repair Departments
Maintained for Convenience
of Dealers
PRATT, READ & CO.
PRATT READ PLAYER ACTION CO.
Oldest and Best
Highest
Quality

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