Music Trade Review

Issue: 1930 Vol. 89 N. 2

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
This is the
ace
and
the
Yeleph Ofli
By CHAR
only the name and
address of every
prospect we have.
We use it for fu-
ture calling and
T all started over a bet—but there isn't any for mailing general direct mail advertising.
gamble to the telephone business for the
"But these fifty prospects are recorded in ;i
W. L. Pace Piano Co. of Houston and cross-file. Each salesman fills a daily report
Beaumont, Texas, any more. Some time blank. The girl in the office takes the report
ago Charles A. Pace, president of this firm, from these blanks and fills a prospect card that
bet an employe that he would pick up the tele-
phone directory, call the first ten names listed,
and get at least one piano prospect. Business
firms being execpted, the first ten names with
residence numbers were called. The first name
called gave Pace a definite appointment for
calling. Out of the ten, five definite appoint-
ments were obtained, seven prospects obtained,
and three sales eventually made.
This piano retailer admits that he was lucky
in this instance—as later experience has proven
that no such sales record can be maintained
through telephone contact. But he is likewise
convinced that a lot of new business may be
had by a consistent use of the telephone.
Pace says: "The telephone is the best method
of getting contact for the piano dealer these
days. There is a lot of lost motion eliminated
and a lot of selling cost saved by a systematic
method of telephone soliciting. The piano busi-
ness is a fine business—and one where a profit
can be made. But it is a business where sell-
ing costs, fixed overhead and repossessions must
be reduced. Our telephone selling has accom-
plished a great deal in all these ways."
Charles A. Pace
.Continuing, Pace says: "Too often a dealer
accepts his overhead as being fixed. We have
cut our overhead by using fewer salesmen, and is filed in the timely file. On this card is
yet getting a larger volume of business from recorded the information gained from the tele-
telephone contact. The location of a piano store phone contact. The name, address, business
is not so important, especially if one is not address, telephone, date, instrument wanted,
catering to small unit sales, such as records, price quoted, terms proposed, to be taken in
small instruments, etc. We bring prospects to exchange, remarks, standing of prospect and
our location, which is removed from the down-
town section, by making telephone contact."
The W. L. Pace Piano Co. divides the tele-
phone directory into sections, allotting each
salesman a section to prevent overlapping. Mr.
Pace explains, "Of course, telephone contact is
more valuable when following leads, but just
ferreting for prospects by calling right down
the telephone directory list gives good results.
We find that from an average of two hundred |
Salesman's §
and fifty names called we get fifty prospects.
From fifteen to twenty definite appointments | Daily Report 1
will be made at the time of the first call, the
| of Prospects |
others of the fifty prospects are called later or
contacted in person.
1
and Sales 1
"An average of the two hundred and fifty
names called shows that two hundred of them
are killed without making any record or recall-
ing until some time in the future when we may
run through the directory again. The average
of fifty prospects from the number is indexed
into the master file. This master file contains
I
other things are recorded on these prospect
cards. The ones with definite appointments
are naturally followed up immediately; but
many prospects contacted by telephone express
a desire to be called again or to be followed
up at a future date. This information is recorded
and placed in the file under the date that it is
to be used. Each day the girl checks her file
and distributes the cards to the individual sales-
men making the first contact, often months be-
fore."
There are three telephone lines running into
the Houston store of the W. L. Pace Piano
Co. Salesmen use this method of selling daily.
This piano merchant says: "It's easy for the
men to spend three hours of an afternoon fol-
lowing up these leads or appointments for home
calls, while many prospects are brought to the
store. The real test of a salesman comes in
his telephone selling. Just commonplace tele-
phone soliciting by a girl will not work success-
fully in a high-class business like that of
piano selling. Our salesmen do their own tele-
phoning. The only time a girl will make a suc-
cess in piano selling is when using her for a
house-to-house canvasser. In this latter in-
stance the woman can enter more homes than
a man.
"Our salesmen are perfectly frank and honest.
The first thing they do is tell their name, the
company they represent and what they want.
In this way the prospect does not feel that un-
fair advantage is being taken of her. Of course,
the first impulse of many is to answer, 'Not in-
terested,' and hang up. But a good salesman
can forestall this in most instances by agreeing,
'But, Mrs. Smith, you'll be interested in this
pretty little piano we have just repossessed—
a very pretty design; and one on which we can
save you
dollars.'
"The prospect may protest, 'But we have a
piano.' In which case the salesman inquires
as to the kind and how long it has been owned.
SALEBMAN
1_
allllllUIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIHIIINIUll^
DAILY SALES REPORT
NAME
ADDRESS
PHOMC NO
KAMI
ADOAEft*
PMOMI NO
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» _
-
,_.
NEW PROSPECTS
.
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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
(falling
B rings Sales
I. TUJNNKLL
It usually develops that it is an upright that
has been owned for some years; resulting in
the salesman reminding her that the one he is
talking of is a grand. Of course, mentioning a
repossessed piano is to hold the prospect on
the line until some conversation can be had.
It usually develops that if a sale is closed, it is
for a new piano."
By studying the residential sections of the
city, salesmen for this firm are able to judge
pretty well the type of prospects and their abil-
ity to buy by the streets on which they live.
Individual information concerning many of
these prospects is preferable, but not essential.
For calling those owning the better type homes,
a different sales approach is made, such as:
"Mrs. Brown, this is Mr.
of the W. L.
Pace Piano Co. I tried to get you all yesterday
afternoon, but your line was busy. Yes, Mrs.
Brown, I haven't been inside your home, but I
have been past there several times and believe
we have something here that would fit into your
plans perfectly.
"You see, Mrs. Brown,
we have just received
a new shipment of
pianos—and we have
one little grand here in
Name
particular of the newest
Address
design. I thought about
Business Address
you. It's in the win-
dow now—can't I ex-
Date
pect you and Mr.
Prices Quoted on
Brown this evening to
TERMS PROPOSED
see it?"
Cash Payment
To be taken
In many instances a
in Exchange
d e f i n i t e appointment
to
vjom.
for the salesman to call
at the home or for the
Remarks:
prospect to call at the
store is made. In other
instances a future date
is set, or some expres-
sion obtained for a fu-
t u r e telephone fol-
low-up. But in the
event the prospect cannot be interested in a
piano, the salesman ends the conversation by
mentioning a radio, which leads to some radio
sales.
Lists of prospects filed by teachers, names
given by friends and customers and other leads
are always followed up by telephone first in
this store. In this way many cold trails are
spotted without the loss of time or money;
while in other instances the prospect is con-
tacted quickly and economically to close the
sale before it goes to someone else.
Fifty per cent of all first contacts made by
this piano firm are made by telephone. In this
method of selling Mr. Pace considers that he
has been able to reach a larger and better pub-
lic, to sell a better volume and better quality
of merchandise, which has actually meant fewer
repossessions since using telephone selling, as
his repossessions
have been reduced
to less than ten
per cent.
Direct mail ad-
vertising is used to supplement the telephone
selling; but since using the telephone, better
results have been obtained in an advertising way
while the appropriation has been reduced from
five to three per cent of the annual volume.
This successful merchant says: "This is a day
when every member of the organization must
be a producer. The executive must be a sales-
man and attend to his executive duties also.
Pianos must be merchandised truthfully and
honestly with a fair mark-up. It is a wrong
conception to believe that a price reduction will
stimulate volume—people are not looking for
mark-downs generally. The merchandise must
be fairly priced in the beginning; then sold in-
telligently.
"In our Houston store three salesmen assist
me, including V. W. Anderson, sales manager
tail piano merchants from many sections and
in fact a large number of them do utilize the
telephone to a considerable extent in their sales
work. Of course the value of the contacts thus
made depends in no small measure upon the
standing of the house in the community, but
with scores of piano retailers established for
periods ranging from ten to forty years or
more, this standing should be assured in most
instances.
There are those sales managers who are not
keen about the telephone as a selling aid on
the plea that it does not offer sufficient oppor-
tunity for bringing selling pressure to bear—
in other words, it is too easy for the prospect
to hang up the telephone and end the interview.
Yet these same men forget that where per-
sonal canvassing or selling is resorted to it
is just as easy for the
housewife to shut the
door and by that means
PROSPECTIVE SALE
end the sales talk.
One thing about tele-
Phone
phone selling that the
Business
Pace Piano Co. has
found out is that the
Standing
telephone always brings
Instrument Wanted
an answer if there is
anyone at home, and
this applies whether
Per Mo. $
the housewife is in neg-
At $
ligee or evening gown.
Address
After the phone is an-
swered, of course, de-
pends upon the charac-
ter of the sales talk and
the ability of the sales-
man to put it over for
actual results.
The big saving in use
File Card for the Prospect List
of the telephone, of
of the Houston store. In Beaumont are C. C. course, is in time, for it is possible to contact
Miller, vice-president of the company and man- six to ten prospects in widely separated sec-
ager of that store; and D. R. Webb, secretary- tions of the city in a single hour by the wire
treasurer. They are assisted by two additional route, work that would probably take a day if
salesmen. We have a capital and surplus now the salesman had to journey personally from
of two hundred thousand dollars, the outgrowth one home to another.
of a very modest business started by my father,
The Pace Co. not only uses the telephone for
W. L. Pace, some forty years ago. Our two cold canvassing, but finds it particularly valu-
stores combined now do an average monthly able in checking up on lists of prospects ob-
volume of thirty thousand dollars, more than tained from various sources and particularly in
twenty-five thousand of it being in pianos. And following up prospects who have already been
as we are able to form half of our first contacts called upon personally and have put off buy-
over telephone, we have found our profits are ing. Each call is so handled that it represents
convincing proof that telephone soliciting is the a personal contact and the results show that
logical procedure for the piano merchant of to- this company's system at least is right.
day, who is thinking in terms of net profit."
The telephone will never take the place of
The success of the Pace Piano Co. staff in the living salesman in his personal contact and
developing prospects and selling over the tele- closing work, but properly used it does smooth
phone can be duplicated in part at least by re- the road to sales.

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