Music Trade Review

Issue: 1931 Vol. 90 N. 4

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
PROSPECTS ARE
EASY TO FIND
WITH THESE DIRECTORIES
I
T is generally recognized that the success of
the average retail music business lies in the
calibre of the prospect list, for beyond the
merchandise itself that list is its chief stock in
trade. There has much been said regarding the
importance of canvassing or direct selling to the
home as the best medium of stimulating business
and it has been demonstrated in many sections of
the country that this is the most logical means
of building sales volume in competition with the
numerous other products that go into the home.
However, there are many other phases of selling
besides canvassing to be considered by the music
merchant, particularly in the larger cities and in
congested areas, among them an up-to-date and
effective mailing and telephone list that will en-
able him to put over effective direct mail cam-
paigns.
In the development of a worth-while prospect
list there are several important matters to be con-
sidered, chief among them being the calibre of
people to be solicited, which can best be judged
by the localities in which they live. The dealer
who seeks to dispose of reproducing grands or
other types of high-priced instruments would not
logically make his solicitations either by mail or
phone, or in person, in the slum districts or that section so
often described in small towns as "the other side of the track."
If on the other hand he desires to reach the large foreign-
speaking population that exists in practically all cities and
sell to them large bulky player pianos which give the im-
pression of offering much for the money, he dees not want
to waste his ammunition on the residents of more exclusive sec-
tions who seek instruments of more refined appearance. In
short, he must select and classify his prospect list particularly
for direct mail work in a manner that will enable him to
make a special and effective appeal tc each class and not waste
his efforts on a general campaign that will not impress any
one faction particularly. Whether the dealer uses the mails
or the telephone for contacting his prospects in between visits
of his salesmen, he must not forget that either process is ex-
pensive in the long run and should therefore be made as effec-
tive as possible.
A favorite source of prospects is the telephone directory
and this is logical because various national investigations have
shown that although only one-third of the families in the
country have telephones, those families buy two-thirds of the
advertised brand of goods. To select residents of any one
section out of a telephone directory, however, is a time-con-
THE
MUSIC
TRADE
REVIEW,
A p r i l , 1931
SPECIMEN PAGE OF TELEPHONE ADDRESS DIRECTORY
suming task, or rather was until the telephone company began
some time ago the issuance of street address directories which
supplement the regular listings with the names and numbers
of subscribers listed in the order of street addresses. Such a
directory offers the dealer the means for reaching the residents
of any street or section quickly and efficiently.
These address directories not only prove invaluable for
direct mail purposes, but also are ideal for checking house
to house canvassing campaigns, for checking credit informa-
tion through neighborhood tradesmen, and for numerous other
purposes. The directories are listed as a special service to
subscribers and an extra charge is made for their rental, a
charge that is distinctly moderate in view of the convenience
afforded. At the present time these address telephone directo-
ries are available for New York City, including separate vol-
umes for each of the five boroughs; Buffalo, N. Y.; Boston,
Mass.; Philadelphia, Pa.; Philadelphia suburbs; Pittsburgh,
Pa.; Louisville, Ky.; St. Louis, Mo.; Cleveland, O.; Balti-
more, Md.; Washington, D. C.; Atlanta, Ga.; Birmingham,
Ala.; New Orleans, La.; Memphis, Tenn.; Jersey City,
N. J.; Newark, N. J.; and Paterson, N. J. The service is being
extended steadily and it will be well for dealers to keep in
touch with it.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
EDITORIALLY
CONVENTION PLANS FOLLOW
LINE OF LEAST RESISTANCE
T
HE decision arrived at this month to hold the annual
conventions of the Music Industries Chamber of Com-
merce, the National Association of Music Merchants
and other affiliated music trade organizations in Chi-
cago during the same week that the Radio Trade Show and
the conventions of the radio trade associations will be held
in that city is regarded with favor generally.
It was realized by those in charge of the convention
arrangements that it would not be good policy to expect those
many music merchants who plan to attend the radio show
and meetings to remain in Chicago and away from their
businesses for nearly an extra week in order to meet with the
music trade bodies and that, therefore, the music convention
attendance would suffer accordingly. Those who have
considered exhibiting, too, appear to welcome a chance to
make their displays while the radio men are in the city on
the chance of thus increasing their number of outlets.
The selection of the Palmer House as convention head L
quarters for the music men is also an excellent one, for the
hostelry is centrally located, not too far from the other con-
ventions but sufficiently removed to enable the music men to
meet without interference. The problem of making conven-
tion plans on a basis likely to prove successful under existing
conditions has been a serious one and the solution offered
promises to prove thoroughly satisfactory.
ENCOURAGING SUPPORT FOR
PIANO BROADCAST PROGRAMS
A
CCORDING to the officials of the piano- manu-
facturers' and music merchants' associations the
response to the appeal for support for the piano
promotion campaign being carried on over the
radio by the National Broadcasting Co. is most encouraging.
That this is so reflects great credit on those who have in-
terested themselves in bringing the trade into line in back of
the movement, for they have had many problems to solve,
some of them, particularly financial, aggravated by existing
conditions.
Through painstaking study and careful adjustment the
assessment arrived at for each community of 25,000 population
or more within the great area covered by the broadcasting
programs is so modest that it represents only a few dollars
per dealer, a sum ridiculously small in view of the anticipated
and entirely possible results. Much ingenuity has been exer-
cised in the preparation of the lesson charts reproduced in
miniature elsewhere in this issue, and the cost of their prepara-
tion reduced so materially that the distribution of hundreds
of thousands will not prove a very heavy financial burden.
It is significant that although the broadcast programs are
confined to the piano, manufacturers and dealers in other
lines of musical instruments are thoroughly cognizant of the
importance of the movement and have arranged in various
ways to.tie-up with it, in the firm belief that they can profit
directly by the widespread interest thus aroused.
8
There is still considerable work to be done in various sec-
tions before a hundred per cent response by the trade can
be reported, and those dealers who have held back for one
reason or another from making their contributions must
realize that they are depended upon to make the great experi-
ment entirely successful. It is a great opportunity that must
not be neglected.
CREDIT INFORMATION
NOW MOST ESSENTIAL
U
NDER existing conditions the question of credits be-
comes of paramount importance, whether it has to
do with open book or instalment accounts, for it has
been found by experience that both wholesalers and
retailers, in an endeavor to build a volume of sales comparable
with the records of good years, are inclined to ignore sound
credit practices or at least to let down the bars, in an effort
to encourage more general buying.
The music trade has had some unpleasant experiences dur-
ing the past year or more and will undoubtedly have more,
a majority being due primarily to lack of accurate credit
information, carelessness in checking that information, or
mistaken leniency in the matter of extending credit, generally
through ignorance of actual conditions.
The move of the Musical Merchandise Manufacturers'
Association in establishing an interchange of credit informa-
tion and the success that has already attended that work
should therefore prove of great interest to all branches of the
industry. It is practically impossible for one concern alone
to judge the credit and financial standing of a customer, but
in comparing experiences with others in the same line facts
are brought to light that often put a very surprising com-
plexion on the situation. It has been found, for instance, that
wholesalers and retailers who have had only a few hundred
dollars in past due accounts with one or two manufacturers
will be found to be deeply in debt when the records of all
the manufacturers are combined as one item, while on the
other hand, a wholesaler or retailer, carried by one concern
because of the size of his account, may be found to have few
liabilities because most of the purchases were from that one
house.
All this shows up in the credit report and it is as important
to those whose credit standing is under inspection as it is to
those to whom they are indebted. Every failure of a whole-
saler or retailer places some financial burden on the balance
of the trade. The losses must be covered, and it is the dis-
tributors who remain in business on a sound basis who ulti-
mately pay the score.
HE'S PREPARING FOR THE
COMEBACK OF THE PIANO
A
P R O M I N E N T piano merchant of the West, who
during the past couple of years has side-tracked his
piano business to a certain degree in order to
feature radio and other products with a more rapid
turnover, has found a sufficient revival in piano interest in
THE
MUSIC
TRADE
REVIEW,
A p r i l , 1931

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