Music Trade Review

Issue: 1925 Vol. 80 N. 24

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
JUNE 13,
THE
1925
MUSIC TRADE
97
REVIEW
Convention of the National Association of Sheet Music Dealers
because he thinks he can make an extra profit.
When he finds out the real truth he is disap-
pointed and will show very little appreciation
of the publisher's accommodation.
Then suppose the publisher has trouble col-
lecting his account from the teacher. This
will happen in many cases and not only will it
be expensive to the publisher but there will be
undoubtedly many losses. This is no reflection
on the teachers but there are just as many poor
accounts in their profession as in any other one.
The publisher's expense of bookkeeping is no
small item either, as there is an endless amount
of small details to record in these transactions.
Of course in large conservatories their accounts
may be large enough to pay as some of them
will order as much music as a small dealer,
but, taking an average, I would say that it paid
to deal directly with legitimate dealers. There
would be many more small teachers than small
dealers so that would overbalance the few large
teachers and conservatories. And I believe as
a whole the dealers are a much better risk
than an equal number of teachers.
After all the publishers are in the business to
make money and I believe it can be done much
easier and better by dealing through the regu-
lar channels. The popular music publishers
have found this out and I believe it is only a
matter of a short period b'efore the publishers
of teaching music will come to the same con-
clusion. This in brief would be my reasons for
publishers dealing directly with legitimate deal-
ers and discontinuing the sending of on-sale
music to teachers and only the largest con-
servatories.
Do Sheet Music Dealers Know Whether
or Not Sheet Music Pays a Real Profit?
Emil A. Gunther
TTNDER the heading "Business Methods"
three questions have been propounded for
discussion at this convention.
The first of these questions, "do dealers know
whether their sheet music business is profitable
or unprofitable," can, under the new selling
price which has been in existence for a year
now, be answered in the affirmative, if the
dealer adheres to the marked selling price. The
average discount the publishers allow on sheet
music and books is 40 to 50 per cent, which
enables the retailer almost to double his money
on his investment. How much more favorable
this arrangement is in comparison with the pre-
war discounts of one-half and twenty, when
music was sold at one-half or one-third off,
leaving the dealer an average profit of 5 cents
per copy!
The second question is, "should music be
merely an adjunct to a general music store
to serve as a feeder for piano or instrument
sales?" This condition existed under the old
discount rate when the sheet music department
was pushed in the rear of a piano store and
used as an accommodation for the teacher, who
wanted something in a hurry, and the help em-
ployed by such concerns consisted of the very
cheapest and most inefficient.
The third question, "should the dealer who
desires a profit on music be protected from the
dealer who does not," can also be answered
by saying that any dealer, who is serious in
his attempt to establish a legitimate music
store, should receive all the protection due him
from the publisher. It is, indeed, a sad state
of affairs that so many little cigar stores, news-
paper stands, etc., purchase music for their
customers in their neighborhood and, while
they are not music dealers in the true sense
of the word, receive the same rates of discount
from the publishers as the legitimate dealer who
makes the music business his specialty and his
life's vocation.
To find a general answer for these three
questions, let us say in substance that any busi-
ness, no matter what product a man sells, can
be made profitable if it is handled right and the
merchandise purchased at a price which will
cover not only the daily overhead, but also
leave a margin of profit.
The greatest outstanding difficulty in the mu-
sic business is the lack of understanding be-
tween retailer and publisher. There does not
seem to be a true co-operation between the
two. The publisher whose aim is to build up
his catalog, consisting of copyrights principally,
has also experienced a great deal of difficulty
in interesting the retailer in the sale of such
copyrights. So the publisher was compelled to
solicit business direct throughout the country,
thereby invading territories which justly be-
longed to the dealer in such territory.
In order to remedy this condition, would it
not be well for the dealer, in consideration of
the better discount he receives on copyrights
to-day, to take a livelier interest in the sale oi
new copyrights, which will also in the long run
put the music business on a more solid founda-
tion? It has always been the hue and cry of
the dealer that the reprints were his bread and
butter, which under the old discount rate was
quite true. But since things have changed, the
dealer should go to work and instruct his sales
force to show the new copyrights.
A proposition of this kind will change con-
ditions materially. The teacher will realize that
the dealer in his territory has on hand novelties
which interest him and it will prevent him, the
teacher, from writing direct to the publisher.
The dealer thereby will greatly increase his
business and the sheet music department will
not be considered an adjunct to a general music
store.
Clayton F. Summy
I N a house like ours whose sole business is
with sheet music and music books, we have
to know whether our business is profitable or
unprofitable. We have to do our business along
methods that make it profitable or we could
not exist. If the sheet music business is
handled merely as an adjunct to general music
stores, and to serve as a feeder for piano or
musical instrument sales, the sheet music de-
partment of such store would very likely be
subject to abusive and unprofitable methods.
My feeling is that any such use of the music
department would be a mistake, and I believe
that the business that would make any such
practices of the music department would be do-
ing not only an injustice to other stores, but
to themselves. Perhaps more so to themselves
than anyone else. Nothing good can ever come
from the practice of a wrong. I think that the
carrying on of any business in a legitimate way
should always receive protection against any
one who resorts to practices that would under-
mine such a business.
Maurice Richmond
A LL too many dealers fail to keep actual rec-
ords of the profits and losses in their sheet
music department. The larger houses, who are
well organized and systematized, no doubt keep
figures of their purchases and sales and know
exactly "what's what." In too many instances
the smaller dealer combines his sheet music
sales with his other merchandise with little or
Summer Specials for Live Dealers
"Bygones" "On the Oregon Trail" "Thai's My Girl" "Twilight"
The Waltz
Hit of the
year. A
great song.
An old-fashioned ballad with a great
Melody and Lyric.
The snappiest Fox-trot
yet. Played and Sung
Everywhere.
The new Foxtrot
hit out on all
Records and
Rolls.
And don't forget that this year is going to be a big year for Ukuleles and Steel Guitars. All the youngsters will want
methods. How is your stock of the famous "Bailey Ukulele Method" (nearly two million sold) and "The Peterson Steel
Guitar Method" (The daddy of them all).
i
All published by
Sherman jSlay & Co.
San Francisco
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
98
THE
MUSIC
TRADE
REVIEW
JUNE 13, 1925
Convention of the National Association of Sheet Music Dealers
no real effort made to separate these groups.
This leaves such houses in a position of being
unable to tell whether the sheet music depart-
ment is suffering losses or is gaining in profits.
Such dealers are only able to give a general
statement as to the conditions of their entire
business.
Sheet music is a product that can be found
in practically every home. It offers a means of
reaching thousands of consumers and attract-
ing them to the store. It is merchandise that
should receive utmost attention. Properly pre-
sented it is a means of adding considerably to
the profits of any music house and is worthy
of being considered something other than an
adjunct to the general music store or a mere
drawing card.
On a comparative basis sheet music depart-
ments properly conducted will prove as valu-
able and profitable as merchandise of a higher
value in the unit sale. However, time and at-
tention must be given to it—timely sales ideas
carried out—advantage taken of seasonable ma-
terial, both standard and popular.
Publicity is the word which assures the future
of any business. Through publicity we have
been able to learn a great deal about "King
Tut," who has been dead for more than three
thousand years. Publicity, therefore, brings the
dead to life, it revives the dying and properly
applied to your business will keep it a live or-
ganization.
In a number of communities there has been
practiced with splendid results a co-operative
plan of merchandising music legitimately and
profitably. In every center where there is more
than one music store a "get together" arrange-
ment should be put into effect. In this manner
a considerable amount of unfair competition
could be avoided. When the newcomer arrives
to enter the retail field in a given community
a conference should be held and an educational
campaign put forth showing the new dealer Row
through established and successful methods
music departments have been made to pay well.
That there is no necessity to run them merely
to attract customers. Along similar lines the
dealer who is cutting his prices on sheet music
can be made to realize that he is conducting an
unprofitable department. By clean business
methods, having a varied stock and giving the
public what they want in both standard and
popular music as much business will be created
legitimately as can be procured through under-
selling and, what is more, it will be of more per-
manent character.
Many merchants lay too much stress on buy-
ing in quantities in order to cut down cost.
Saving in purchases has its place but it is not
nearly so important as getting a legitimate
Ukulele Time Is Here!
And these are the ukulele books that five million "ukists" will want
The One and Original
Ukulele Ike's Comic Song Books
No. 1 and No. 2 Now Ready
An Edition of Two Side-Splitting "Uke" Anthologies
by the dean of 'em all.
Greatest Ukulele book
sellers of all time
Four Uke Book "Scoops" by "Hank" Linet
The most unique and valuable of all
courses or methods.
POSITIVELY
TEACHES IN AN HOUR! All super-
fluous and tedious instruction elim-
inated.
HANK'S SONGS OF THE SUNNY SOUTH
A wonderful collection of characteristic Down-South ditties.
Send for Bulletin*, Prices, etc.
Hank is to the ukulele
what 15abe Ruth is to
baseball.
Here is a
humorous compilation of
the funniest of all college
songs.
HANK'S COMIC
CAMP DITTIES
A Rreat book for hikes,
auto trips and around the
camp fire.
ROBBINS-ENGEL, Inc. «•»•*
profit on the investment. Nor is it as important
as the items connected with overhead expenses,
cost of operation, etc. These are better barom-
eters of stability.
A stock of music should be turned over as
many times as possible during the year to make
the investment worth while. Merchandise that
is only turned over once or twice a year is
not producing profit. Such a condition would
seemingly demonstrate that the dealer is carry-
ing much merchandise that he could afford to
be without. Perhaps some of it will become
valueless.
In merchandising to-day new thoughts and
new ideas should be constantly brought into
the business. This is doubly important with an
old established industry like sheet music. It is
important that the business be constantly
brought before the public eye and every means
and channel for doing this should be utilized.
Good ideas should be immediately followed up
and no time lost in adding to the importance
of the store. For this is the day of the "go-
getter."
Is There Any Reason Why Music Cannot
Be Advertised as Is Other Merchandise?
modern publicity, the Saturday Evening Post,
or some similar national advertising organ.
Let us know ourselves for what we are. We
I N the dawn of history when the caveman
scratched pictures on the walls of his cavern arc sellers of sheet music and books. We do
he was advertising. Most of what we know about not offer for sale cigarettes, soap, clothes, cos-
his daily life we have gathered from those rude metics, or automobiles. These are commodi-
drawings. But because modern men do not ties that enjoy a wide appeal among all sorts
foregather in caves it took the caveman's de- of people. We, on the contrary, are selling a
commodity which, while perhaps more universal
scendants a long time to find these records of
a vanished past. As advertisers, we would say in its general appeal than almost anything else
that the caveman had chosen the wrong on earth, is limited in its sale to those who have
medium. His "ad" might have caught the at- been specially trained in its use. Add to this
tention of mankind much sooner had he chosen the fact that the profit to be made on a piece of
a great open space where men would be sure to sheet music is very small.
Advertising in magazines of national charac-
pass and erected a mighty pyramid.
In other words, had he consciously sought ter is fantastically expensive when viewed
publicity in some future age, the caveman through a music man's eyes. For example, a
should have selected a medium which would page in either The Saturday Evening Post or
have been more likely to attract the attention The Ladies' Home Journal costs in the neigh-
of the public he desired. His public was any- borhood of $8,000. Suppose we undertook to
body—everybody; his proper medium, the pyra- launch a publicity campaign in behalf of some-
thing worth while, say, two or three new Kreis-
mid in the right neighborhood, or in terms of
Eric Von Der Goltz, Jr.
HANK'S
COLLEGE
DITTIES
HANK'S
ONE-HOUR COURSE IN
UKULELE PLAYING
W. C.
HANDY'S
FAMOUS
COMIC
BLUES
(FOR
UKULELE)
By the daddy of
all blues songs. In-
cludes his original
"St. Louis Blues,"
"A u n t Hagar's
Blues," etc., ar-
ranged for the
ukulele for the
first time.
1658 BROADWAY
NEW YORK, N. Y.
ler transcriptions, or our Superior Edition or
the Carl Fischer Library. A single page ad-
vertisement would not carry enough weight.
To swing our campaign logically we would
have to repeat our advertisement at least a
number of times. Even if one were more con-
servative and used a smaller space, the ex-
pense would be appalling. If competition ever
forces national advertising on the publishers it
will, in all probability, tend to raise the price
of music to the ultimate consumer, a thing we
are all trying to prevent.
Despite the music publisher's reluctance to
engage in expensive national publicity, it must
not be imagined that his advertising budget is
a small item. Taking the case of Carl Fischer,
Inc., I can say that during the present year we
have carried advertising in upwards of thirty
musical papers in this country, never failing to
ask the reader, in every case, to order our music
from his local dealer.
An item which runs into money is catalogs.
Every year we distribute thousands and hun-
dreds of thousands of catalogs of piano, violin,
wind, vocal, orchestra and band music. This is
a mammoth expense which the cigarette and
soap advertisers are spared.
The hundreds of incidental circulars which
are turned out every season have also to be
taken into consideration. For some time we
have been experimenting along a line which
may be mentioned here. Every month we re-
lease four, five or six new orchestra or band
compositions. At the same time a special cir-
cular is printed and sent in quantities to the
dealer together with an advertising poster for
his counter and show window. During the re-
lease month we advertise the compositions
heavily in the orchestra and band papers. In
the case of the orchestra compositions an in-
troductory discount of 20 per cent is featured
both in our magazine advertisements and in
the circulars distributed by the dealer.
This venture has been so successful that we
have started a similar but less specialized plan
for the rest of our new issues. We have begun
to issue a circular listing and describing our
releases which is sent in quantities to our deal-
ers. While it is too early to state definitely
that our business is being benefited directly be-
cause of these circulars, it is a fact that the
general reaction to them has been decidedly
favorable.

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