SPECIAL: GUITARS
April 15 2007
VOLUME 24 NO.4

THE MAGAZINE FOR MUSICAL INSTRUMENT AND SOUND PRODUCT MERCHANDISERS

 

   
 

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FEATURES
-Talking Heads: Top Industry Executives Take On Top Topics Fourteen of the industry’s heavyweights tackle two big MI questions.
-The Big Bash in Nash After a successful return to Nashville last year, Summer NAMM is back in the Music City. Find out why you should attend.
-The Good, the Great, the Fantastic! Even though times are awful, many manufacturers step up to the plate by providing charitable efforts, great fan experiences, and more.
-Crank up the Volume! Find out how pro audio manufacturers are doing during this elongated recession.
-Peavey, 16 Others Win Landmark Trademark Case Vs. Fender In a huge body shape decision that can affect our industry for years to come, the Trial and Trademark Appeals Board ruled against Fender.
-Comic Genius Normandy Guitars has employed a very different marketing approach. Find out what it is..
-The Forgotten Few MI could not operate without the service industry. However, the vital industry segment has never received its due. Until now that is.
-The Economy is Awful! Guitar sales are down, but they are holding up just fine in perhaps the worst economic crisis of our lives.
-Class of 2009 Plenty of new companies exhibited at NAMM in an effort to get their products into your stores. Michelle Loeb rounds up the newbies and tells you why the products are cool.

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

COLUMNS
-The Music & Sound Independent Retailer A former navy pilot turned music store owner? Yes, it’s true as we feature Blues Angel Music in Pensacola, Fla. Also, want indy-friendly brands? Chris Lovell features three: Crafter, Tanglewood, and Godin.
- Birth of a Product Your customers can now hang guitars in their closets thanks to one man: Chris Samu. His Guitar Hanger ships this month.
- MI Spy Will Spy find it easy finding a guitar in the Big Easy? Only one way to find out.
-Five Minutes Ron Manus and Bryan Bradley of Alfred Publishing give us a complete rundown about the publishing industry and MI in general.
-Sales Guru Gene Fresco describes the AIDA approach to sales? The what? Trust us, it’s good info.
-VeddatorialGood economy or bad, Internet competition or not, you must know good, old-fashioned sales techniques to be successful today.

FORMIDABLE FEMALES

-Melanie Ripley Grundorf Corp. Vice President Susan Grund handles a plethora of duties at her job, but she also has jammed with the Beach Boys and makes sure the bond with the company’s employees remain strong. Learn how she juggles everything at one time and changes she’s witnessed in MI.
-Susan Grund Grundorf Corp. Vice President Susan Grund handles a plethora of duties at her job, but she also has jammed with the Beach Boys and makes sure the bond with the company’s employees remain strong. Learn how she juggles everything at one time and changes she’s witnessed in MI.
-Toby Nady graduated from college with a degree in clinical psychology. What does that have to do with music? Nothing. It’s been a long, strange trip for her. But a very good and successful trip.
-Shawna von Behren has prepared herself to work for the company since she was 4 years old. Here’s why working for an Illinois retailer was so instrumental in her success.
-Berenice Chauvet speaks four languages. And that doesn’t include the language of music. We forgot to mention she was formerly a reporter. There’s a lot of information for this story!
-Sue Kincade, Find out what it takes for Sue Kincade to captain the ship that is Remo Inc.
-• Tish Ciravolo
-• Vikki Hayward
-• Roxana Ramirez
-• Susan Lipp

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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.”

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“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.”

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“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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