NAMM Preview Issue
December 15 2008
VOLUME 25 NO.12

THE MAGAZINE FOR MUSICAL INSTRUMENT AND SOUND PRODUCT MERCHANDISERS

 
 

   
 

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-Table of Contents
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FEATURES
-Is a New Healthcare Plan Just Snake Oil? We take a thorough look at how a new public healthcare plan can affect you and your employees. ?
-Bonanza! Behringer Buys Bosch Brands Behringer’s parent company added the Midas and Klark Teknik brands to its stable.
-The Stars Will Come Out…This Weekend We highlight a few of the celebrity appearances at NAMM.
-What A Long Strange Trip It’s Been!!! We reminisce as we close out the first decade of the new millennium. It was a tough 10 years for many. How about for the music industry though? What’s ahead?
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It’s Voting Time! Here are your nominees for the 24th annual Music & Sound Awards.
-Here We Come to Save the Day!!We provide a plethora of accessories that manufacturers assure you will provide excellent margins.
-For Those Who Make Lesser Publicized Instruments, We Salute You!!For the first time, we pay tribute to instruments and products that get little press coverage. We provide a well-deserved spotlight for these products!
-And the Bombs Keep Coming!Another big lawsuit is filed
against the industry.
This time, there are many
more defendants.
-Drumming to Their Own BeatHow well is the drum industry holding up during these difficult times? We call on three industry experts.
-Guitar Center, Fender, and NAMM Sued
-The Health of the Independent Dealer M&SR’s fourth annual independent retailer roundtable features a new twist. For the first time, manufacturers, hand-selected by the retailers, contribute to the story.
-Born In the USA! We feature manufacturers who produce a majority of their products in the United States. Why do they make products in the USA as opposed to Asian countries? Find out.
-…And the Show Did Go On! The economy took a big bite of Summer NAMM in Nashville, but there were still bright moments.


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

COLUMNS
-The Music & Sound Independent Retailer A food drive goes really well. iMSO reaches a huge milestone. And much more.
-Music & Sound Award Dealer Nominees: We present all dealer award nominees, including an addition this year: Best New Single-Store Dealer.
-MSR Anniversary: We look at the 10-year history of Daisy Rock. Why did Tish Ciravolo found the industry’s first “girl” guitar company?
-Sales Guru: Santa Claus IS coming to town. Find out why Gene Fresco is optimistic.
-NAMM Exhibitor Listings
-NAMM University Schedule
-Five Minutes With: For our NAMM issue, we thought we’d get two guests instead of one. Bruce Forbes and C.P. Pores of Equation Audio tell you basically everything about their company and the industry in general.
-MI Spy: Spy will be somewhere at NAMM this month. (You never know where he/she will be lurking). In the meantime, Spy went to four Anaheim-area stores to check out recording software. Here are the results.
-Dan the Man: We unveil our latest column, in which new Associate Editor Dan Ferrisi tells you how he is one of the 92 percent of the country who never picks up an instrument. Why did he give up on musical instruments? Can we get him back into our industry?
-Guest Editorial: Troy Richardson, national sales manager at Tornavoz Music, and Music & Sound Award nominee, takes a fascinating look at the lawsuits that are affecting our industry. What might happen next?
-MSR Anniversary: E.M. Winston will celebrate its 30th anniversary beginning this month. We spoke to company President Don Rhodes to get a company retrospective.
-Birth of a Product: We look at the founding of Latvia-based JZ Mics and look at the new products it’s about to launch.
-Print For Profit: Dan Vedda provides plenty of tips for managing your print inventory.
-Business & Marketing: Eminence Speakers President Chris Rose tells you how expanding your inventory items can increase your bottom line in our first story. In the second page of our special section, Tommy Volinchak tells you how you sell in this age of “hyper technology.”
-MSR Special : This is Gene Fresco’s 74th NAMM show. No, that isn’t a misprint. Yes, we do mean Summer and Winter shows, though. Why is NAMM so important? What will make this year’s show great?
-Sales Guru: Dan Vedda gets charitable. Or does he?
-Veddatorial: Yes, it is a different world today. Dan Vedda explains how to navigate it.


FORMIDABLE FEMALES

-Mary Peavey Being president at Peavey Electronics is no small feat. But that is not even close to knowing the whole story about her. She is Ivy League educated, founded a commercial real estate business, is involved with numerous worthy charities, and much more.
-Jennifer Tabor found a missing market niche and is growing her business by leaps and bounds. That, and she’s only 32 years old.
-Tarina Dunwoodie got to see the moment Graph Tech was born and has served the company since she was 17. She has moved up the ladder quite a bit since then.
-Stacey Montgomery-Clark Find out how SABIAN’s Stacey Montgomery-Clark juggles two young boys at home and a huge job as vice president of marketing. She loves interactive programs at the company, most notably the Vault Tour.
-Cathy Duncan Seymour Duncan’s co-founder and chairman, received a ton of on-the-job training. But she has excelled. Creativity is one of the company’s hallmarks. Find out much more about her.
-Bee Bantug Yes, the Internet CAN be your friend as a retailer. Bee Bantug, who has provided several NAMM University sessions, can help. That’s why she co-founded Retail Up! in 2002.
-Dale Krevens For Tech 21’s Dale Krevens, being vice president is not a job. It’s an adventure. Find out why.
-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.
-• Berenice Chauvet
-• Sue Kincade
-• Tish Ciravolo
-• Vikki Hayward
-• Roxana Ramirez
-• Susan Lipp

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NAMM-Tastic Voyage
[December 2008 - Page 1]
Does the awful economy have you feeling blue? If so, it’s fair to say you’re not alone. The ultimate escape, or voyage—if you will—is next month’s NAMM Show. Every NAMM Show is filled with excitement, celebrities, education, camaraderie, and for many, fun. Many of us don’t need excuses to relax and let loose a little every year. But this year, the cathartic needs are higher.

Yes, NAMM is incredibly important for business purposes of course. Many buying decisions are made at the show. And for several industry groups and organizations, vital annual meetings will take place.

But even if you have no buying decisions to make, are not interested in celebrity concerts, and have no intention to go to Disneyland, there’s another big reason to go to Anaheim next month. As Billy Joel so eloquently sang in his first hit “Piano Man,” “To forget about life for awhile.”

It’s a time to forget about the stock market, forget about the massive layoffs taking place out there. It’s a time to forget about everything except music.

But since you’re not at the show yet, we asked Joe Lamond, president and CEO of NAMM, if the economy is having an affect on next month’s show. Here are his thoughts: “The economic headlines are painting a pretty bleak picture and we are all concerned about the holiday shopping season. We did some historical research on this subject and found that over the last four recessions in the United States, the NAMM Show showed surprising resiliency and had very little change due to the economy. Many members tell us that difficult economic times only increase the need to come together as an industry.  So far, pre-registration is tracking well with last year.”

We followed up by asking Lamond if the number of new company launches will dwindle due to the recession. “It is interesting how many new companies come to the NAMM Show each year isn’t it? I think most of these entrepreneurs understand that in times of great change come great opportunities. Buyers who come to Anaheim this January will get the first look at the new products that everyone will be talking about, and that customers will want to see when they visit NAMM member stores. That we can guarantee!”

Expect Lamond’s popular State of the Industry Address to once again fill the Anaheim Hilton ballroom and focus on the economy, as well as several of the NAMM University sessions. Said Lamond: “In difficult economic times, people really want to connect more, learn more and work on their businesses more. Our Breakfast Sessions will once again provide a great environment for all of that, plus a free hot breakfast every day. (If you bring a couple of staffers, you can get back your NAMM dues with just that!) We’ll have some surprises as usual and we’ll be looking at tough industry issues and hearing about how the retailers, manufacturers, reps and distributors are approaching the coming year.”

Not all NAMM University sessions will focus on the economy however. Here are some other things you can expect to learn about. “How retailers and manufacturers communicate and build relationship with consumers is changing rapidly, so you’ll see a lot of focus on Internet/Web and e-commerce,” said Scott Robertson, NAMM’s director of marketing and communications. “Also, there’s something to be said for just hitting the fundamentals like good selling techniques, smart financial management and business operations, so NAMM U will offer good, focused sessions about these and other topics.  For a complete listing, please visit namm.org regularly.”

Let’s Talk About Something Else
OK, we promise, no more economic talk in this story. Let’s first focus on what changes you can expect to see on the show floor this year. We got the scoop from Kevin Johnstone, NAMM’s director of trade shows. “Well, if we do our job right, you probably won’t notice any [changes] except that your show experience will just be better.  We work on hundreds of the little things that make a big difference like customer service, our new online floor plan and exhibitor map on our Web site, as well as continuing our work to maintain the business atmosphere of the show while keeping that cool vibe the NAMM Show is known for. A few operational changes, we’re moving the Badge Registration area up to Level 2 to make more room for Hall E exhibitors and Level 3 will now feature some larger exhibitors in demo rooms. We’re also prohibiting non-industry attendees in yellow visitor badges under the age of 16 from the show floor and stopping all yellow badges from bringing rolling suitcases onto the show floor because they can be dangerous to public safety in crowded conditions.”

According to Robertson, there will be so many special events at NAMM next month that it would take a lot of space to print. In addition to tons of exhibitor parties, some highlights include the Petiot All-Industry Marching Band, NAMM Lobby Jam, the Tribute to Industry Leaders, Drum Circle, and Music Education Day. Robertson suggests that you check out your January PLAYback supplement to learn much more. You can also check this magazine and our VNewsletter at www.msretailer.com/vnewsletter for event info.

Clean of Non-Industry Teens
We saved the final topic for last: eliminating non-industry people under 16 from attending the show except for a couple of exceptions, including being an endorser. Why did NAMM decide to take this step? “NAMM is committed to providing a strong marketplace for retailers and suppliers.  Because playing music is so popular, the show attracts a lot of non-industry visitors, particularly under the age of 16 who don’t have a strong business reason to be there,” said Johnstone. “So in the interest of our members both exhibitors and retailers who are concerned about the crowds, the noise and overall congestion (according to what they’ve told us in post-show surveys and ongoing communication), we’re going to prohibit these non-industry under 16 visitors from the show. NAMM is an industry made up of family businesses and we don’t want to prohibit all visitors under 16 like some shows, including CES. But we wouldn’t be doing our job if we didn’t respond to this situation on behalf of the NAMM Show attendees who just want to be able to walk through the show aisles and do their business…without a big headache at the end of the day.”

Final Stanza
Although it was six months ago, many seemed enthusiastic about Nashville and that could bring even more enthusiasm to next month’s NAMM Show, which drew a record 88,000 people last year. Said Lamond: “Yes, the reviews from Nashville were extremely positive and we’re grateful to our members who supported it.  We’re hearing from our members that the Summer Show serves a very different purpose in their annual marketing schedule and we’re committed to offering this service for those who need and want it. However, the winter show is ‘the world’s show,’ and that is where the global industry comes together to do business. We’re honored to provide this service to our members and even more grateful for the fact that the success of the NAMM Show provides revenue that is plowed back into the industry with PR campaigns, government lobbying, grants and dozens of music making programs all aimed at growing the market for everyone. This is the true work of NAMM.”


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