CONTENTS
AN
—Busiest season means competition by buyers; buy when the
fewest other people want what we want—The best styles come at
between-season showing; the consequent importance of being
then open to buy-—The job season provides bargain lots; dull-
season orders as rewards for prompt deliveries earlier—End of
producer’s season an opportunity for exceptional values.
CHAPTER XI
PAGE
ENTIRE STOCK OF BARGAINS . . . . . .. . .. ..
Building goodwill by extraordinary values—The Model Stock
Plan a scientific method of obtaining good values at prices cus-
tomers most willingly pay—No competitor, operating on opinion,
can meet these values—If we do not adopt the Model Stock Plan,
competitors will eventually force us out of business—The value of
training in fixed-price buying—Right deliveries as important as
price—Looking at goods vs. looking at records—* Sighting shots”
in buying—Plan the buying in the store—Humility and net
profits—Dangers of large stocks too early—How to plan ahead
for buying—Helping producers make money—Study resources
constantly—Competition increases our profits by drawing trade
—Internal store competition should be encouraged—The chain
within a chain—If department stores had adopted the Model
Stock Plan 10 years ago—A look ahead.
14%
CHAPTER XII
PusLicrTY THAT MEETS AND BEATS COMPETITION . . . . 164
Substituting facts for opinions in publicity~—Rules for success in
advertising—What we have to advertise—The functions of news-
paper advertising, windows, interior display—Publicity to make
complete stocks profitable—The best-paying “copy appeal ’—
Advertising to beat the chains—How this brings in new customers
—Improving the windows—Interior displays that ring the cash
register—Drawing customers to other departments and other
Joors—Publicity that fits the selling calendar—The serious, costly
lefects in current practices of retail advertising—*“Bargain” and
“sale’t advertising that drives trade to competitors and helps
chain competition—Where Woolworth’s erred—Teaching cus-
tomers that all our goods are bargains all the time.
CHAPTER XIII
MORE PROFITS FOR PRODUCERS AND DISTRIBUTORS. . . .
How producers are employing model stock plans of their own to
increase their own and their customers’ total profits—(1) Brown
Durrell Company—(2) Gotham Silk Hosiery Company—(3) Six
other silk hosiery manufacturers—(4) Cannon Manufacturing
Company—(s5) Royal Worcester Corset Company—(6) The
Esmond Mills—(7) W. S. Libbey Company—(8) Wilson Brothers
—(9) Coopers, Inc~—(10) Eaton, Crane and Pike Company—(11)
Maid-Rite Corporation—All of these plans are helpful but would
183