Music Trade Review

Issue: 1924 Vol. 79 N. 24

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
REVIEW
THE
VOL. LXXIX. No. 24 Piblished Every SaUrday. Edward Lyman Bill, Inc., 383 Madison Ave., New York, N.Y. Dec. 13, 1924
81n
*'£ c«pie. ioce n t 8
$3.00 Per Year
Retrospect and Prospect—1925
A Year of Constructive Achievement in the Music Industries Ends in a
Widespread Feeling of Sound Optimism for the Coming Twelve Months—
Some of the Outstanding Events of the Year in All the Trade's Branches
C
ONSTRUCTIVE in developments for the benefit of the
music industries in general, a year fertile in fluctuations of
sales volume which brought in their train a number of dis-
tributive problems, 1924 presents many difficulties in summing up
its total of achievement. In general it may be said that the year
opened with a very fair volume of sales and a public responsive
to intensive merchandising work. This was followed by a period
of depression which lasted through the Summer months, perhaps
in part due to the usual stagnation accompanying a presidential
campaign, but more probably in part to economic trends which
effectually checked demand and which only yielded to the most in-
tensive of selling work. All told, 1924 has been a fairly satis-
factory year, but it must be admitted that it did not come up to
the expectations which its first few months created.
Constructive Achievements
However, it has been replete with preparations for the future
and has scored many constructive achievements which will go far
to the solution of a large number of problems, both manufacturing
and distributing. In the piano branch of the industry, perhaps the
chief of these has been the work accomplished by the manufacturers
in laying the foundation for the ultimate solution of the problem
of service for the reproducing piano. Lack of efficient service has
been a constant obstacle toward the widening popularity of this in-
strument, and a solution became increasingly essential. The estab-
lishment of traveling schools by several of the leading manufac-
turers in this field in co-operation with the National Association
of Piano Tuners and the response which these schools brought
from the field technicians was a remarkable example of what can
be done in co-operatioa for the solution of vexing problems that
are wide in their scope and profound in their influence. To-day a
large number of field technicians, upon which the servicing of the
reproducing piano essentially depends, have had the benefit of short
but intensive instruction courses in the technical aspects of this
instrument, and already the reaction from this increased knowl-
edge has been felt. Undoubtedly this work will be continued upon
a wider scope until there will remain no excuse for any technician,
whether he be an independent worker or in the employ of a retail
merchant, for not having all essential knowledge of this modern
development in the player-piano field.
Technical Interest
In the manufacturing side of the piano industry the year has been
marked with a widening interest in acoustical and technical prob-
lems, culminating in the formation of the Technicians Association,
which, in its development, is sure to be one of the most valuable
parts of the associated activities of the industry.
Plans are now under way for a wide program of investigation
and common discussion among the leading piano factory experts
and superintendents, which cannot help but be to the ultimate benefit
of all concerned. It is in the hands of these men that the American
piano industry must rest its technical future, for it is upon their
efforts that the supremacy which this industry has won throughout
the world must be continued and even increased.
Lumber Conservation
Another development which has been marked among piano manu-
facturers has been the awakening to the vital importance of the
problem of conservation, especially as it affects the basic raw ma-
terial of the industry—lumber. Unquestionably the seriousness of
the American forestation problem has come home to the manu-
facturer, perhaps most sharply in the steadily increasing average
prices of the lumber which he uses in the production of his instru-
ments. This has made increasingly important the standardization
and careful planning of manufacturing processes in the endeavor
to eliminate the waste of lumber so far as is humanly possible. It
is also made apparent that the piano industry, in its capacity as an
industry, must take an active part in the various movements under
way for the preservation of existing forest resources and their ex-
pansion. Some ultimate solution is to be found that will eradicate
the present tension in this field. Unquestionably 1925 will see a
still wider appreciation of these conditions, and will no doubt de-
velop a greater degree of co-operation toward their elimination.
Merchandising Progress
As the past year has been marked with manufacturing develop-
ments of no little import, so has the retail music merchant advanced
in merchandising efficiency and in meeting the selling problems
which are inherent in his daily work. Despite the wide fluctuation
in demand which retail music merchants encountered, it must be
noted that throughout the twelve months of the past year instru-
ments of better quality were affected less by this condition than
any of the other types, and maintained a comparatively steady
volume of demand. This condition showed more strongly than
ever before the enduring power of quality as a selling asset, how
permanent its effects are, and how consistently it reacts upon the
American purchasing public. It threw into sharp relief the fallacy
which underlies the exploitation of inferior instruments in the en-
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
DECEMBER 13,
1924
deavor to create an immediate volume of sales through sensational
methods, for according to all testimony of any value, it was in this
latter type of merchandise that fluctuations were sharpest and
created the greatest injury.
and still more attention being devoted to them by the'average retail
music merchant.
Sensational A dvertising
Conditions are not such as to create the belief, however, that this
increased demand for the grand is made entirely at the expense of
the upright. Although prominent trade authorities for several years
have not scrupled to forecast the ultimate elimination of the latter
type, the upright still continues to hold its own, not only in the
player form but in the straight piano type as well. Especially is
this true in the smaller sizes of this instrument which grew in
popularity during the past twelve months and which meet the re-
quirements of the average household due to the limited floor space
of the modern home. The small upright, originally featured by its
first manufacturers as a type of instrument largely for schools,
Summer residences, etc., has to-day become par excellence the
instrument in demand for the small city apartment, and will con-
tinue thus, so long as the present trend in apartment house con-
struction for the occupancy of small families of moderate means
continues.
Not that the trade was blameless in regard to sensational bargain
advertising during the past year. This was especially marked at
the opening of the Fall selling season, and some of the examples
which appeared in the press of the country were equal in destruc-
tive effect as those which had ever been utilized in the past history
of the industry. But the bargain advertiser in the retail piano
trade to-day is in increasing minority, and the injury he may cause
becomes less and less with every year. His sensational offers of
low terms and what appear to be impossible values are more and
more discounted by the vast majority of the buying public who
seem to have taken the entire problem within their own hands and
who are solving it by the scepticism with which they meet these
offers. Lack of faith on the part of the ultimate buyer is the per-
manent solution for the sensational and bargain type advertising.
Better Terms and Collections
One of the big merchandising achievements of the year was the
universal betterment found in the selling terms maintained by the
average music merchant and the increase of efficiency in his collec-
tion methods. A survey conducted by the Music Trade Review
developed the fact that to-day the average terms upon which pianos
are sold at retail range well below thirty months, and the average
maximum terms well below thirty-six. It is remarkable to find
that in over 400 replies received from every type of merchant in
the retail piano trade only one reported that he sold instruments
on a basis of more than thirty-six months, and this is all the more
remarkable when the answers to such questions which would have
been given a decade or so ago are taken into consideration.
Retail Salesmanship
Retail salesmanship and its increase in efficiency still remain one
of the dominant problems of the retail music trade. But, like all
problems which are realized and appreciated, it is now upon the
way to ultimate elimination. The Music Industries Chamber of
Commerce is giving due consideration to this condition and such
work as is being accomplished by the American Piano Co. through
its course in retail salesmanship for the Ampico is likewise having
a most beneficial effect. The merchant to-day seems to have real-
ized that it is quite impossible to make good salesmen without train-
ing them in the fundamentals of good selling as it applies to all
types of pianos, and that, to turn a new man loose without proper
instruction in piano selling, is a means of radical waste which far
overtops the expense involved in some minimum degree of training
at least. The standards of retail salesmanship are growing increas-
ingly better, and with it the efficiency with which the dealers' terri-
tory is being covered, a condition which is reflected in the ultimate
volume of sales which is drawn from each locality. Pianos and
players of varying types by no means confront a point of satura-
tion in their potential market, and the selling efficiency of the retail
trade has a long way to go as yet before that end can be brought
about.
The Demand for Grands
The past year has seen a still further increase in the demand for
the grand type of piano. Figures obtained through nation-wide
surveys have shown that to-day some merchants are doing a busi-
ness which includes from 25 to 50 per cent of grands in its total
volume. Nor has this increase been entirely confined to the popular-
priced grand which heretofore has largely predominated in this
change in the public's desire. The past year has seen a sharp ad-
vance in the demand for the grands of medium size and higher
grades due no doubt to the intensive propaganda for the grand
type which has been carried on, both by manufacturers of popular-
priced small grands and the dealers who have given these instru-
ments a prominent place in the exploitation of their lines. The
next year will probably see, for there is every indication on which
to base this prophecy, a still wider demand for both of these types,
The Upright and Player
The Period Type Case
Another development that was marked during the past year has
been that of the period type piano. The retail merchant, encour-
aged by the manufacturer in making these period cases regular
parts of his lines, is losing the attitude which heretofore has made
him consider the period grand as something more or less of a
specialty to be sold only under a set of peculiar circumstances
and scarcely to be considered as a regular instrument to be carried
on his wareroom floors. Public taste, which has made such tre-
mendous strides during the past ten or fifteen years and which has
made the average woman familiar with decorative harmonies and
periods, is fundamentally responsible for this change. At the pres-
ent moment no end is to be seen to it and, while it continues, the
period style grand will be a regular part of the .industry's output
and also expand in numbers.
The Reproducing Piano
The reproducing piano has made important strides, chief of which
perhaps is in its still wider acceptance by the music teachers of
the country as an ideal means of giving their piano pupils courses
in interpretation. No year in the history of this instrument perhaps
has ever seen a greater amount of appreciation expressed for it
on this score. Nor has any year seen a wider growth in its use
for pedigogical purposes. The teacher has finally realized that,
with the modern reproducing piano, he has at his command the
world's piano literature in its surpassing interpretations, something
which, up to the present time, had never been available to the pupil
even in the largest of cities visited regularly by the foremost piano
virtuosi.
The Radio Receiver
One of the most startling developments in retail merchandising
has been the advent of the radio in the retail music store. In this
development the music merchant has brought more to the radio
than the radio has brought to the music merchant. In the retail
merchandising of this product he has introduced an element of
stability which, due to the newness of the industry itself, had up
to this time been lacking. He has adapted tried merchandising
methods of musical instruments to the radio receiver, and the re-
sponse has been gratifying. In many cities throughout the country
to-day the sale of radio receivers, that is, of standard, complete
and name-value sets, is practically in the hands of the local music
trade, a condition which no doubt will continue. The retail mer-
chandising experience of the music merchant is steadily surmount-
ing the merchandising difficulties confronted by this new product,
and unquestionably, when the period of stabilization sets in and
when a greater degree of sales resistance exists than is the present
case, he will constitute its main distributive outlet. Already he
has been destructive to the "gyp" element in this trade which worked
deep injury to its standards and which at one time created almost
a chaotic condition in its retail distribution. Throughout the year
the number of radio departments in retail music stores has steadily
increased, and it is very likely that this will continue until radio

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