Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)American School of Correspondence
General
Cyclopedia of Commerce, Accountancy, Business Administration, v. 01 (of 10)
American School of Correspondence
Accounting; Business; Commerce
As shipments are made, the shipping clerk enters in the columns
provided for that purpose, the quantity sent and the date. When the
entire order is filled, it is returned to the office. Every day the
duplicates are examined and inquiry is made of the shipping clerk
regarding any orders for which the originals have not been returned.
When the original is received, the duplicate is destroyed.
Shipments are next entered on the stock sheets, while the original
orders are filed in a binder, alphabetically by dealers names.
Reference to this file shows exactly what advertising matter has been
sent each dealer.
PERIODICAL ADVERTISING
When the question of periodical advertising is taken up, the most
important of all publicity fields is entered. From the country weekly,
through the entire list of city dailies, scientific and literary
weeklies and monthlies, popular magazines, class magazines, and trade
papers for every vocation, religious papers, and reviews, periodicals
can be selected which will reach any class or cover any territory. With
the thousands of publications to select from, the advertising manager
needs to know which ones will best reach the people he wants to reach;
what papers have the largest circulations; which are most popular among
a given class or in a certain territory. He must be posted on rates
and discounts, that he may cover his territory economically. And added
to this, he must have a perfect checking system, that he may know
to a certainty what returns each and every publication is bringing
him. Such a system may show him, for example, that the magazine with
a circulation of a million and an advertising rate of $5.00 a line,
brings orders at a less cost than another in which he is paying but
$2.00 a line--or _vice versâ_. Perhaps the cost in both is within the
amount he is prepared to pay, but he must _know_ what it costs, that he
may know where to increase and where to curtail the appropriations.
=Rate Cards.= Supposing the business to have been just started, or
one that has done no advertising--and this is the most satisfactory
premise from which to work, in laying out a general system for the
department--among the first duties of the advertising manager will
be to secure information about mediums, and the chief source of
information will be the publications themselves, as they will respond
promptly to requests for rate cards.
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