Originally Posted by vauxhall1964:
“no, my point was that in the 1950s when the chart was created it was created to promote new material and break new artists. That was always its function and why the record companies funded it... and supposedly why they still want a chart now. To the public the function of the chart is to show what's selling but that's not what the music industry needs it for...they already know how many of their records they've sold.
As a tool to promote new music, break new acts and create more hits the chart now isn't fit for purpose, clearly.”
I think we're possibly looking at two sides of the same coin. I'm referring to the origins of it from the p.o.v. of the person who first had the idea (in the UK), whereas you're possibly looking at it from the p.o.v. of the labels and what the chart means to them.
The UK singles chart came about when the person who first started compiling it would ring up record stores and basically ask what's sold well this week, from which he'd come up with the ten (or whatever it was) best sellers from those stores that week. The idea caught on and different publications started to compile their own charts in their own way, until an 'official' chart was established.
You can argue that the various outlets manipulated their sales and the data they posted (and I daresay that still happens now) but the original intent of the chart, from the p.o.v. of the guy that started it all and those that jumped on the bandwagon, was simply to measure sales. Take Gallup and BMRB for e.g. They're polling and consulting and analysis companies. They have no interest in promoting and marketing any individual artists. They simply collated the stats provided to them. I say again, maybe the record companies manipulated the data behind the scenes, but the point of the chart was to measure
sales based on the data provided by record outlets. Any manipulation and marketing and promo opportunities were the business of the individual labels and stores. The polling companies didn't care about that. (As such, although I imagine they tried/ try to limit the scope to do so.)