Canadian Music Trade - December/January 2019 | Page 16

NAMM NEWS By Zach Phillips THE INNOVATION SUMMIT The 2019 NAMM Show delivers 400-plus educational sessions to help you innovate and fine-tune your competitive edge. In a world of Spotify and stream- ing, I recently came across a record store chain in full-on expansion mode. Based in the northeast, Bull Moose Music successfully competes with its 12 large-format stores, finely tuned inventory, and boatloads of data about customer buying patterns. Shop its website for a record and you’ll see which locations carry the album in real time, and like Amazon’s physical stores, Bull Moose stocks each location differently based on local consumer behavior. Bottom line, it’s a record store competing on its own terms in a disrupted industry. Yet it got there by taking a hard look at the direction of retail and finding ways to innovate in that ever-changing world. If you’re inspired by its story – I know I am – then you’ll want to be at The 2019 NAMM Show. There, NAMM U will hand-deliver the big ideas, best practices, and proven tools to help you innovate in your busi- ness and forge your own competitive edge. In fact, we’re launching a new program to jump-start your process: the Retail Innovation Summit. Held on Wed., Jan. 23 rd , the day before the show opens, this daylong education experi- ence is designed to immerse you in trends, strategies, and ideas to transform your busi- ness. Expect a future-forward workshop that explores new ways to amplify your success and dramatically reshape your future. Fast-forward to Friday morning, and we’re bringing you a NAMM U Breakfast Session with world-famous innovation expert Daniel Burrus. He’ll dive into disruptions in the marketplace and how you can seize game-changing opportunities to succeed in the new normal. Add to that the NAMM Idea Center, which will deliver convenient sessions every half-hour throughout the show on such critical topics as online marketing, employee motivation, music lessons, finance, and much more. Think of the 16 CANADIAN MUSIC TRADE Idea Center as a source for practical building blocks to create your next breakthrough. Of course, retail innovation sometimes comes in the form of capitalizing on new markets and services. Bull Moose, for instance, diversifies its core product category, recorded music, with toys, games, and books. Likewise, I’ve heard from NAMM members who’ve add- ed festival production, installations, and stage and theatrical lighting to their retail business. For that reason, The 2019 NAMM Show rounds out its program with a suite of education op- portunities in audio and event technology. For pro audio professionals, free sessions at TEC Tracks offer big-picture topics with industry thought leaders. Or, you can dive deep into skills-based training at AES@NAMM, an exclusive education opportunity for audio veterans and aspiring professionals alike. As a bonus, A3E (Advanced Audio + Applications Exchange) has expanded its program on the future of audio, readymade for anyone interest- ed in music technology and forward-thinking concepts. For the event tech community, The NAMM Show features education in lighting, lighting networking, safety, and rigging, curated by a range of partners: ESTA (Entertainment Services and Technology Association), Timeless Communications, Lighting&Sound America, and PLASA (Professional Lighting and Sound Association). In all, it adds up to more than 400 educa- tion opportunities for every major community in the music, sound, and event technology industries. You’d be hard-pressed to find that anywhere else. We hope to see you there – and be part of your next innovation. Zach Phillips is the Director of Professional Development for the National Association of Music Merchants (NAMM), the global not-for-profit trade association representing 9,000 manufacturers and re- tailers of musical instruments and sound products. NAMM’s mission is to strengthen the music products industry and promote the plea- sures and benefits of making music.