Music Trade Review

Issue: 1931 Vol. 90 N. 8

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
EDITORIALLY
IF IT IS NOT COMPLETE
IT IS NOT A DIRECTORY
T
HERE is no compromising in the matter of directories.
A directory is either complete or it is not a directory
regardless of the number of so-called conditions that are
set forth in connection with its compilation. Music
merchants would do well, therefore, to view askance any so-
called listing of quality products which on the face of it is
incomplete. Such a list serves to discredit many worthy con-
cerns in the industry simply because they do not seek to gain
entrance into the roll of the select with special advertising
appropriations. There have been directories in the trade,
many of them, and they have received generous advertising
support, but at least every concern is listed regardless of
advertising affiliations. If and when T H E REVIEW sees fit to
publish a directory it will be a complete listing so far as
possible of the companies in that section of the industry rep-
resented. Just now our advertisers will be found each month
in the advertising directory on the last page of the paper and
listed as such.
WHAT THE CENSUS OF RETAIL
DISTRIBUTION REVEALS
T
^
HE members of the music trade who take pleasure in
compiling and quoting figures regarding various trad'e
activities, particularly in the retail distributing field,
and are fond of presenting general figures supposed to
represent a cross-section of the industry as a whole, will prob-
ably find some surprising things in the returns of the Census
of Retail Distribution for 1930 which are now being issued
by the Bureau of the Census.
Perhaps some of the government figures are wrong, but
inasmuch as they have been compiled at a cost of millions ot
dollars and through the personal efforts, of thousands of
trained employes, they must have some basis in fact. In every
respect it is the most extensive survey of retail distribution
ever made, and while there unquestionably are errors, the
casual critic must be sure that the errors he finds are not
simply figures contrary to his own personal beliefs.
During the past couple of years we have frequently had
our attention called to the apparent inadequacy of the retail
structure. Men coming into the industry from outside have
been particularly frank in their criticism of this structure,
holding that the outlets for musical instrument sales were in
no case in proper proportion to the population.
If the music tradesman is talking only in terms of pianos
then probably he is right, but if he includes other musical
items, among them radio, then most sections of the country
would seem adequately supplied with outlets. As a matter
of fact the average annual sales reported by musical instru-
ment retailers in some parts of the country would lead to
the belief that the number of stores might well be cut in half
in order that each of those remaining might be able to secure
enough business to realize a fair and reasonable profit.
The opening article in T H E REVIEW this month is devoted
to a discussion of the preliminary census figures in thirty-one
8
of the largest cities of the country as they reflect on the retail
music business. Although it would not be feasible to print
the information contained in the census reports covering
some hundreds of communities, a casual survey seems to prove
that conditions in these thirty-one cities are typical of those
which prevail generally. In some cities the average annual
sales per store are most substantial, but in many others the
average sales, with general overhead costs d'educted, leave
barely a living profit for the merchant, even if that much.
When the Census reports are complete the average music
merchant can put them to good use by comparing the reports
of his town with those of other communities similarly located
and with the same approximate population. The figures at
least have been compiled through careful personal effort, and
although they may not be as satisfying as some trade men
would like to see them at least they are the result of an
unbiased survey and therefore far superior to conjectures
made in comfort at an office desk.
TRADING IN PIANOS FOR
ELECTRIC REFRIGERATORS
I
F a specialist in electric refrigerators or some other com-
modity offers to take pianos in part payment for his own
merchandise we might think nothing of it beyond wonder-
ing what he is going to do with the instruments after he
gets them. When, however, a music company advertises to
trade in a piano for a new refrigerator we begin to wonder
just how long that company is going to remain in the music
business.
Figures compiled by T H E REVIEW show that close to thirty
per cent of music merchants are at present handling refrigera-
tors of one make or another, purely as an adjunct to the music
business for enlivening summer trade without in any way
distracting the public mind from the fact that they are pri-
marily music merchants. When they simply use musical in-
struments as feeders for another department then they cease
to be music merchants.
THE BARGAIN HUNTER WANTS
MUCH FOR HIS MONEY
A
NSWERING the general cry that the buying pub-
lic is at present bargain minded and is purchasing
merchandise on a price rather than a quality basis,
several factors in the piano trade saw fit during
the past year or so to produce instruments directly intended to
meet the situation as it was supposed to exist. In short, they
confined their efforts to producing instruments to meet a
definite low price through the introduction of economies in
construction that were perhaps sound enough basically but did
not always appeal to those who had in mind an orthodox in-
strument.
Developments have proven that a large portion of the pub-
lic, seeking to buy pianos with the price consideration first in
mind, do not want something that has been especially de-
signed to be offered at a low price. What they want, and
insist on, is something that is apparently worth much more
THE
MUSIC
TRADE
REVIEW,
August, 1931
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
SPEAKING
than the price asked today and. was, ostensibly at least, made
to bring a higher price.
Opinions differ as to the average selling prices of grand
pianos. Some insist that $1,000 is the line of demarcation
between the higher class or perhaps higher priced instruments,
and the others, which, although good, are priced to reach a
mass market. In some localities higher prices are obtained
without unusual difficulty considering current conditions. In
other sections the average price trend is low with the better
grades of pianos suffering accordingly. It is significant that
the bargain hunter is not so prevalent among those seeking
pianos at $1,000 or more, as among those who expect a
concert grand in period model case with a bench thrown in at
considerably less than $500.
Reports indicate that the grands made especially to meet
the low price appeal have made very effective bait in some
cases. The sales of the instruments themselves have not been
impressive, but they have brought about the sale of larger and
better pianos. The public wants price concessions in pianos,
but at the same time it wants those instruments to have every-
thing which should go into the making of a good piano. The
compromise is not possible.
IS THE PLAYER REALLY DEAD
OR IS IT SIMPLY NEGLECTED
I
S the player piano really dead? From the cold standpoint
of business the decrease in the demand for that type of
instrument during the past few years as compared with
the percentage of dropping off in straight pianos seems
to lead to the conclusion that the player trade is at least sick
enough to require some strong tonic to enable it to continue,
if not to recover.
On the other hand, however, there are sections of this
country where there appears to be a very definite demand for
players, due no doubt to the efforts of dealers in emphasizing
the possibilities of those instruments. Not long ago a West-
ern concern bought and sold six carloads of players, at a very
attractive price, of course, but nevertheless they sold them. It
may be argued that the price was the appeal, but even the
bargain-crazy public require that they have some use for
what they buy.
It is a matter of common knowledge that various dealers
are doing very well with player pianos as compared to their
straight instruments, selling them to those who feel that they
are too old [ to learn to play and yet are fond of piano music,
as well as to other types of families who really like their music
ready-made. These dealers have proven that it is' quite feasible
to exploit the player in its special field without in any way
jeopardizing the campaign for the encouragement of oersonal
expression in music.
From the standpoint of roll sales one concern, at least, has
enough confidence in the potential demands for good music
rolls to launch a strong campaign in their interest. The ar-
gument is that there are thousands of players in homes that
are silent because the owners have ceased buying rolls auto-
matically and no effort has been made to sell them. Just
what dealers can do with music rolls if they will merchandise
THE
MUSIC
TRADE
REVIEW,
August, 1931
them with some energy, rather than treat them as necessary
evils, remains to be seen. The music roll men believe that
there are sales for several million rolls each year possible if
the proper effort is expended. As it stands now the trade as
a whole insists upon reversing itself. Twenty years ago it
cast aside the straight piano in favor of the player. Now its
members are just as enthusiastic about the straight piano and
personal expression and are inclined to deride the player.
Why not a compromise to the end of exploiting to the in-
dividual customer that type of instrument which best suits
his needs? There is a market for both straight pianos and
players, but it will not be realized in the full if one type is
promoted to the exclusion of the other. Certainly those who
want their piano music ready made had better get it direct
from the player piano and indirect from the radio. At least
it should seem that way to the piano man.
W H O MAKES GOOD FOR THE
POOR SUPPLY CREDITS
A
CCORDING to the records of some liquidations
of piano manufacturing concerns within the past
few years, and the same rule might be said to have
held good for a quarter of a century or more,
certain supply houses seem to feel that sales are sales whether
they are paid, for or not, and 1 that an account on the books is
an asset regardless of how uncertain it may be.
The efforts of the Musical Supply Association, now de-
funct, to improve credits appeared to help matters on the
surface at least, but apparently the results have not been as
far reaching as hoped, and there are supply men that still
take chances that would embarrass the purchaser of a ticket on
an Irish Sweepstake.
The unfortunate part of it is that a manufacturer who is
sound financially and pays his bills also pays very directly for
the poor credit risks, and. in the long run the manufacturer
who doesn't pay is underselling the other type with the very
money that the latter is paying for his supplies. It may
appear a little involved but it is nevertheless true.
THE ONE W H O IS DOING THE LEAST
GENERALLY TALKS THE LOUDEST
F
ROM more or less general observation it would appear
that a majority of trade members who complain loudest
about conditions are doing the least to improve them. It
is the manufacturer who sits at his desk and makes little
or no attempt to sell, except perhaps by mail, who damns the
retailers for not buying and likewise it is the dealer who stands
by waiting for something to happen who is the prize pessimist
in his field. No one today, apparently, buys much voluntarily.
All must be sold, and sold hard and it isn't done from the
office desk.

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