Object: The model stock plan

192 THE MODEL STOCK PLAN 
This whole method has effectively standardized and 
simplified the Royal Worcester Corset Company’s produc- 
tion and has aided in cutting out too slow-moving, little 
needed, and, therefore, unprofitable items, 
Case 6. Tre Esmoxp MiiLs, BLANKET MANUFACTURERS 
The Esmond Mills, makers of Esmond Blankets, did not 
undertake model stocks as a general practice, nor did this 
company attempt to make the model stock universal among 
Esmond dealers. In its efforts to improve sales by cooperat- 
ing with jobbers, the Esmond sales promotion department 
sent out missionary salesmen to work with jobbers and, in 
particular, to hold Esmond displays and special sales in 
stores that bought Esmond Blankets from the jobber. The 
Esmond representative took charge of the special display 
and helped behind the counter. 
With the very first displays, the missionary salesmen 
began complaining that the stock the retailer bought from 
the jobber was not varied enough for purposes of display. 
A more carefully built up assortment was accordingly made 
up of items selected to produce a better impression of a 
complete stock in the store and also to represent the different 
price ranges, the various styles, and the different color com- 
binations of the line. The selection was independent of 
any particular jobber’s orders or his stock on hand. 
This full-line assortment was so successful that jobbers, 
who had sold it to their customers for the special Esmond 
Week, immediately noted a strong demand for patterns 
and colors which had been in the special assortment and 
which the jobbers had not stocked. This demand made it 
profitable for them to stock these blankets, many of them 
in price ranges where the jobbers’ buyers had been sure 
there could be no demand. Just as our carefully planned 
retailer, of course, has no inherent right to demand such insurance of his 
buying judgment; but the point is, manufacturers find that it is more profit- 
able to work with their dealers, exactly as this book has already pointed out— 
because it pays to have the dealer making a fast rate of turnover and satis- 
factory total profits, and also because the manufacturer’s goodwill is increased 
if the public connects his brand with only fresh, wanted goods.
	        
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