SPECIAL: GUITARS
April 15 2007
VOLUME 24 NO.4

THE MAGAZINE FOR MUSICAL INSTRUMENT AND SOUND PRODUCT MERCHANDISERS

 

   
 

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FEATURE
We Cover it All!
For the second time, we honor instruments that get zero or little press...

A ‘Super’ Party on Kent Island
Experience PRS loaded up on celebrities, new products and much more. Get the full scoop...

‘Father of RMM’ Passes
Karl Bruhn, a tireless music industry devotee, mentored many and made awareness of health and wellness together a lifelong initiative.
Don’t ‘Skip’ this Story!
Skip’s Music Celebrates 30th Anniversary of its Special Event
Celebrating the 30th anniversary of your store being in business is an impressive feat. Celebrating the 30th anniversary of an idea you had at your store is utterly...
I Just Wanna Bang
on the Drums All Day
How is the Percussion Industry Doing? 2010 has been a tale of three seasons for many retailers to whom we’ve spoken. Sales for many in the first three months of the calendar year...
Your One-Stop Shop For The Holidays!
Heathcare Provision Could
Be a Nightmare

America the Beautiful

Not Doubting Thomas
Mendello Retires, Thomas Named Fender CEO

Music City Mystery


-The Latest, Industry, Dealers, People and Product Buzz and Showcases.

COLUMNS
-The Music & Sound Independent Retailer: We bring back our popular Independent Retailer Round-table. Providing four pages worth of answers are Gordy Wilcher & Lisa Kirkwood.
-Five Minutes With: We lend our ears to Marty Garcia, Founder and CEO of Future Sonics.
-MI Spy: Spy makes a visit to New York City to check out stores in both downtown and midtown. Service has to be good to win over discerning New Yorkers, right? We’ll find out.
-Dan the Man: Dan Ferrisi, with the help of occasional strategically placed SAT vocabulary words, discusses the prospect that the industry may have lost luster since a promising and upbeat January NAMM show.
-Birth of a Product Two former PRS veterans combined forces to found Knaggs Guitars. The story behind the Maryland- based company, which debuted a line of products at Musikmesse.
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Sales Guru: Sales persistence pays off. Just ask Gene Fresco
-Veddatorial: Dan Vedda provides a can’t-be-missed Summer NAMM synopsis.



FORMIDABLE FEMALES

-Catherine Polk: I’ve always had a great love for music. I come from a musical family of four girls. We mostly had a vocal background, but most of us played the piano. Also, my grandfather would...
-Cyndi Fritz: She never had a dream of becoming the next Janis Joplin. Although she has eclectic musical interests, a career in music was not necessarily on her radar. Cyndi Fritz was....
Janet Deering: When Janet Deering took an aptitude test at the conclusion of her high school career, she was told agriculture or sales were....
-Kathy How: Now here’s a story you don’t hear connected to MI every day. A woman who grew up in Cape Town, South Africa, studied medicine and later moved to England.
-Sarah Heil:We’ve all heard the stories about people beginning in the mailroom and later becoming the CEO of a major corporation. Those people are rare, but it does happen.
-Sue Avant is a trailblazer. She’s also someone who
has varied interests. And she is, indeed, formidable.


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SURVIVOR: GUITAR STORES
[April 2007 - Page 2]

“You can’t abandon the product levels that they sell,” Meader added, “but you sure can exploit the stuff they don’t do.”
“I think retailers should shop just like a consumer shops,” Turchetta suggested. “You can buy $200 to $500 guitars that you’re not embarrassed to sell and actually will last and play. Instead of just taking $2,000 to buy 30 guitars, I’d say buy 10 that you’re not embarrassed to sell.”

The mid-range is an important area to focus on when trying to bring in the step-up customer who may have bought his first guitar at a big box or chain so that when they walk into your store, “they don’t feel overwhelmed by seeing price points that are crazy compared to what they saw at Target or wherever they bought their guitar,” said John Thomas, director of sales at Tornavoz.

Are You Being Served?
“What I’ve told my dealers over and over again is whatever these chain stores are doing, do something else. But to them that means sell a different product line,” said Peavey. “That may be part of the answer, but that’s certainly not all of the answer.”
In truth, product selection alone will not distinguish you enough from other market segments. What every successful independent dealer needs is a strong add-on service and personalized touch that creates a store identity.”

photo1

“If you want to stand out from a superstore, the best way to do that is to realize that the first impression you make comes down to the first person who your new customer runs in to,” said Gallenberger. “It’s not just how well they are trained. What do they know about guitars? Do they present themselves well? Are they polite? Your employee has to be happy and has to want to be there,” he continued. “All the marketing money you spend is lost if your customer doesn’t feel like they’re welcomed and like this is a good place to come back to.”

photo2

“I still believe that knowledge and real care for the customer on a retailer level is the goal, and is the one thing that can set you apart from your competitors,” said Peter Wolf, PRS Guitars’ director of sales and marketing. “Essentially, [you’re] not really ultimately selling a product to [your customer]. You’re actually selling yourself or your services to him first.”

Technical Terms
The role of the salesperson has not dissipated in the wake of the Internet, where unlimited information is at any potential customer’s fingertips. “Customers approach retailers more informed than ever before,” said John Grabowski, Sweetwater’s director of purchasing, “but there is no substitute for the knowledge and guidance of a skilled salesperson. In this day of Wal-Mart and a self-service mentality, it’s easy to lose sight of this, but when exposed to it, customers appreciate true service and a relationship with an expert more than ever before.”
The need for knowledgeable salespeople becomes especially important in the face of new technology in guitars—even though guitar players are known to be some of the least adventurous of the bunch
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