CONTENTS
PREFACE. . .
INTRODUCTION. . . . .
Pace
Vv
rill
CHAPTER I
Tae Way To GREATER Totar ProFrzs. . . . . . . . .
Five advantages of operating any business on Woolworth, Ford,
and General Motors principles—Changing competition demands
better distribution—Lower prices, greater total profits—A whole
stock of bargains, a Model Stock—Goodwill, the greatest business
asset, dependent on complete stocks of wanted goods atlow prices—
The Model Stock Plan essentially a process of planning and control
throughout the business—How manufacturers and retailers can
work together to their mutual profit—A way to meet chain-store
competition—Distribution costs excessive; we can reduce them by
reducing wastes—Increasing customers’ buying power through
mars production and mass distribution—The way to greater total
profits.
CHOOSING PRICE LEVELS TO INCREASE SALES . . . . . .
The price levels that serve customers best—Simplification and
standardization of retail prices—How customers set our prices—
The three full lines and full-line prices. Standardized prices give
the store Woolworth’s buying advantages, increased because at
higher price levels—The Model Stock Plan helps the buyer get far
better values where mass demand centers—No in-between prices
—Standardized prices help in group buying—Better assortments,
better values, greater sales—A complete stock not necessarily
large—Theoretically complete or commercially complete?—Losing
customers by short stocks—Fewer prices, easier selling—Why not
four full lines?P—How different stores’ trade overlaps—Records and
experience in setting prices—Common sense in prices—How often
shall full-line prices change?—Consistency in price appeal—The
Maia Stock Plan for the store as a whole—Price, quality, and
style.
lA
CEBAPTER III
Waar Is A MopEL STOCK? . . . . . . . . . . . . .. 36
Six steps to a Model Stock—A full line; “a given class of goods’!—
Six classifications that make up a full line—The Best Buy, BB,
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