The model stock plan

Bibliographic data

Monograph

Identifikator:: 1820833348

URN:: urn:nbn:de:zbw-retromon-210730

Document type:: Monograph

Author:: Filene, Edward A. http://d-nb.info/gnd/123562244

Title:: The model stock plan

Place of publication:: New York

Publisher:: McGraw-Hill Book Company

Year of publication:: 1930

Scope:: xiv, 253 Seiten

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter XV. The Model Stock plan makes greater total profits for every business

Collection:: Economics Books

GREATER PROFITS FOR EVERY BUSINESS 21 5 pay for himself, his family, and his automobile, and what he willingly pays in these camps per day. Then we should unquestionably find that quarters very much better than tourist camps can be provided at these prices. As soon as this is definitely known, hotels will be built to provide sleep- ing accommodations, restaurants, and garages which, at prices fitted to this cheapest full-line trade. will be distinctly profitable. Similarly, great profits await the men who will take board- ing houses along highways all over the country, put them into chains with standardized prices, standardized cleanliness, and so on. Such establishments, developed on the right level of service, probably nationally advertised, and certainly identified just as definitely as the Atlantic and Pacific Stores or United Cigar Stores, could take over the lion’s share of the business that now goes to indiscriminate establishments with nothing to recommend them but the sign, Tourists Accommodated. Here again, of course, the standards would be set according to what could conceivably be provided at the prices that the great bulk of tourists could pay—the mass levels of greatest consumer demand. If any of these proposed applications of the Model Stock Plan to lines far removed from selling merchandise in retail stores strikes you as far-fetched or improbable, let us look at two prophecies from the last chapter of my earlier book about the Model Stock Plan,! in the light of changes that have occurred during the intervening five years. When that book was written, those two predictions were based on economic trends no more tangible than those now evident in the steamship, railroad, and hotel fields. At that time I said: “It is possible, and I think eventually it will happen, that other chains will be organized to sell goods at some other full-line price . . . The gg-cent stores once were very successful. They could handle certain kinds and grades of merchandise that are too high in price to be sold at all in the strictly five- and ten-cent stores.” Only five years have 1 FrienE, EDWARD A., “More Profits from Merchandising,” McGraw-Hill Book Company, Inc., New York, 1925. 80. cit.. D. 148.

Access restriction

Copyright

fullscreen: The model stock plan

Monograph

Chapter

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation