NAMM Announces New National Wanna Play Music Week Promo for Member Retailers: Consumer Credit Card from GE Money

2011 National Wanna Play Music Week
Carlsbad, CA

The National Association of Music Merchants (NAMM) today announced that during the month of May NAMM Member retailers who are enrolled in the GE Money Music program can offer their customers a 12-month deferred interest promotion with a lower dealer rate in celebration of the association’s National Wanna Play Music Week.

The limited promotion is available to customers who purchase at least $499 in merchandise, and saves the NAMM Member retailer over 20 percent off of the standard 12 month deferred interest promotion.

The GE Money Music credit card, managed by GE Money’s Sales Finance unit, is a revolving program providing music enthusiasts with a flexible, convenient way to finance musical instruments and products with affordable monthly payments and competitive interest rates. GE Money provides billions of dollars of consumer financing through more than 145,000 small and medium businesses on Main Streets across the United States.

“This is a great way for retailers to incentivize and make it easy for their customers to purchase musical instruments and products—especially during National Wanna Play Music Week when NAMM is encouraging everyone to start playing an instrument and experiencing the fun and benefits of making music for a lifetime,” said Scott Robertson, director of marketing and communications at NAMM.

Retailers who would like to participate in this promotion must first enroll in the GE Money Music program by calling 1-866-209-4457. NAMM Member retailers who are already enrolled in the GE Money Music program can process these sales of $499 and up using their GE Money Music terminal or Business Center.

About GE Money

GE Money’s Sales Finance unit, based in Kettering, Ohio, is a part of General Electric Company’s GE Capital division, (NYSE: GE), which has extended more than $146 billion of credit to some 50 million consumers in the U.S. since January 2008. Visit GE Capital: Advertising to learn more about GE Capital’s role in the American renewal. 

GE Money provides credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in nearly 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment and sporting goods.

More information can be found at www.gemoney.com, www.gecapital.com and twitter.com/gecapitalnews.
GE is a diversified global infrastructure, finance and media company that is built to meet essential world needs. From energy, water, transportation and health to access to money and information, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. GE is Imagination at Work. For more information, visit www.ge.com, www.gereports.com and twitter.com/ge_reports.

About NAMM
NAMM is the not-for-profit association that unifies, leads and strengthens the $17 billion international musical instruments and products industry. NAMM’s activities and programs are designed to promote music making to people of all ages. NAMM is comprised of approximately 9,000 Member companies. For more information about NAMM or the proven benefits of making music, interested parties can visit www.namm.org or call 800-767-NAMM (6266).


Media Contacts
NAMM Communications - John Dolak, Director
johnd@namm.org
619.735.4028

Jeanne O'Keefe
The Lippin Group for NAMM
jokeefe@lippingroup.com
818.399.2464

About NAMM

The National Association of Music Merchants (NAMM) is the not-for-profit association with a mission to strengthen the $19.5 billion music products industry. NAMM is comprised of 15,400 global member companies and individual professionals with a global workforce of over 475,000 employees. NAMM events and members fund The NAMM Foundation's efforts to promote the pleasures and benefits of music and advance active participation in music-making across the lifespan. For more information about NAMM, please visit www.namm.org.