PUBLICITY THAT BEATS COMPETITION 165
every advertisement, even of special or mark-down lots,
draws trade to a complete stock at the same price, so that
advertising any goods—even goods which are themselves
unprofitable because marked down—will almost always be
found to result in an immediate net profit.
Publicity urider the Model Stock Plan yields greater profits
to the store because under this system it is part of the system
itself and is carefully worked out to be most effective with
the planning, buying, and selling of the stocks it advertises.
At the same time it increases the goodwill value of the store
because it performs a greater service to the customer.
We shall, therefore, as Model Stock Plan stores, use adver-
tising more freely than other kinds of stores can afford to.
It will bring us incomparably greater proportionate returns
in sales volume. For the Model Stock Plan advertising will
not only draw to the immediate goods advertised but, of
necessity, will also emphasize that it pays the customer to
trade with the Model Stock Plan store every day, because
the whole stock has been scientifically built up by a
new and better method of selection to have extraordinary
completeness, extraordinary style, and extraordinary price
values.
“Publicity,” as the term is used in this book, includes:
1. Paid! advertising in newspapers and other media.
2. Window display.
3. Interior store display.
Much store advertising today is handled illogically from
the standpoint of goodwill and, therefore, contrary to the
fundamental rules that bring the greatest total profits.
Probably the blame for this belongs to the unscientific
merchandising methods upon which the advertising is based.
Store advertising can hardly be expected to exceed the
efficiency of the distribution technique of which it is a part.
It is this lack of full effectiveness of much store advertising
that has permitted the chain stores to make such rapid
1 We are not considering any forms of so-called “free” publicity, for these
should not and do not fit into the proper functioning of the Model Stock Plan.