Music Trade Review

Issue: 1945 Vol. 104 N. 8

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
1918 up until the present year 1945
A Business Barometer By A
has also run true to form and accord-
ing to this graph, our next lean years
Former Piano Man Drawn in 1880 will
be from 1947 to 1951 with good
LJEREWITH is reproduced a chart
which was prepared by L. L. Doud,
at one time treasurer of the A. B.
hard times and panics from 1818 and times again in 1953 gradually declin-
then projected the cycles to 1918, a ing to 1958, with business normal
full century.
again in 1962 and a panic year in 1967.
WHEN TO MAKE MONEY
1823
1616
1843
1850
1861
1870
1877
1888
1897
1904
1924
1931
1942
1951
1958
X—Years In which PANICS have occurred and will occur again. Their regular cycles are 16, 18 and 20 years.
Y—Years of GOOD TIMES, high prices and the time to sell stock and values of all kinds. Their cycles are
8, 9 and 10 years.
Z—Years of HARD TIMES, low prices and a good time to buy stock, corner lots, goods, etc., and hold till the
Boom reaches the years of good times, then unload Their cycles are 9, 7 and 11 years.
Chase Piano Company, when it was
located in Norwalk, Conn. Mr. Doud
was always interested in economic sta-
tistics. His son Harry L. Doud is man-
ager of the Daily Reporter, a financial
publication in Columbus, Ohio. He
printed this chart on December 29th,
1930 and had reprints made of it in
folder form.
The graph was developed in 1880
and shows the cycles of good times,
SELECTED
USED
PIANOS
At the time it was published in 1930,
the Daily Reporter, stated, "this graph
has run so true to history and pre-
sents such a splendid prophecy that
we have carried it for half a century
and reproduced it below."
As will be noted, the period from
THE REVIEW is indebted to Otto B.
Heaton, President of Heaton Music
Company, Columbus, Ohio, for this
remarkable graph of what has taken
place in the past and which also pre-
dicts the business outlook of the fu-
ture.
Gulbransen Piano Among Instruments
Presented to S. S. Vanderburgh
Several musical instruments were burgh County, Evansville, Ind., June
recently presented to the 5.5. Vander- 23, 1945."
burgh by the citizens of Evansville,
The S.S. Vanderburgh is a mother
Ind. These instruments were pur- ship of the LST's which have been
Uprights — Players — Grands
"As Is" or '•Reconditioned"
IN TRUCKS OR CARLOADS
AT NEW LOW PRICES
INQUIRIES INVITED
AMERICAN
PIANO
MART
OF CHICAGO
Wholesale
Distributors
of Fine Used Pianos
2632 North Clark St.
Chicago 14
Distance Phone Diversey 0648
Gulforaii.sen piano which IVSIN presented to the S.S. \ under
P I A N O S
UPRIGHTS, BABY GRANDS, SPINETS
FOR
S A L E
HALIFAX
PIANO & INSTRUMENT CO.
325 W. 57th St.
New York City
20
chased from the Harding and Miller
Music Co. of that city. Among these
instruments was a Clayton model Gul-
bransen piano in walnut on which a
silver plate was displayed containing
the inscription, "Presented to the S.S.
Vanderburgh by the people of Vander-
manufactured in Evansville during the
war. J"re\nious to the presentation
which was a gala event on June 23rd
when the ship was commissioned, the
instruments were displayed in the
Harding and Miller window as repro-
duced herewith.
THE MUSIC TRADE REVIEW, AUGUST, 1945
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
Successful Salesmanship is Built
on Courtesy and Common Sense
S
UCCESSFUL
salesmanship
is
just a matter of combining cour-
tesy, common sense and consid-
eration, according to J. M. Wylie, Far-
go, N. D., whose experience of 28
years in the piano business has taught
him that these three factors "oil the
machinery of human progress."
"The salesman who thinks there is
no sentiment in business," said Mr.
Wlie recently, "labors under a delusion
and is operating under a very serious
handicap. The salesman whose busi-
ness efforts are devoid of sentiment,
whose actions, personality, business
principles and code of business ethics
reflect cold calculation, precision and
strategy—lacking warmth, sympathy
or sentiment, is riding for a fall.
"A cold, indifferent personality is a
liability in any business. This is espe-
cially true in the selling field where
the ability to influence thought counts
for so much. Prospects are more amen-
able to reason—are more responsive
to arguments and are more receptive
when the sales appeal is accompanied
by a warm, genial, amiable, personal-
ity combined with good business judg-
ment, than by cold, calculating selfish-
ness, masquerading under the code of
'business.'
"It is human nature to want to be-
lieve and help one's friends. The first
job of a salesman, therefore, is the
cultivation of those qualities responsi-
ble for friendship so that every pros-
pect will think he is listening to one of
his best friends. Congeniality, sympa-
thy and friendliness are but a few of
these qualities, but without courtesy—
the salesman can never win the pros-
pect's confidence.
"In every interview, the general at-
titude and behavior of the salesman
plays an important part in the mak-
ing or the losing of a sale. Many an
J. M. WYLIE
attempted sale has been lost in spite
of the salesman's knowledge and his
effective presentation simply because
of some slight discourtesy which lost
the prospect's respect for and confi-
dence in the salesman, the product and
the organization.
"Prospects are human beings and
will react to friendliness, fairly to
fairness and courteously to courtesy.
He has problems, like everybody else
has, and they are just as big to him
as the problems of other people. Cour-
tesy, therefore, will play an important
part in paving the way for a success-
ful interview.
"If the salesman can make the pros-
pect realize this through his courteous
desire to serve him, the prospect's mind
will be receptive. In contrast, a poor
approach or a discourteous gesture re-
pels, creates a feeling of restraint, a
critical attitude and makes it impossi-
ble for the salesman to inspire in the
prospect, the proper confidence in the
ability of a salesman and his company
to serve him satisfactorily.
Modern Salesmanship an Art
"In the old days, there used to be
an idea that good salesmanship was
simply good fellowship and the only
qualification was a jovial disposition
and a supply of good stories. Modern
salesmanship, however, is both a sci-
ence and an art. Salesmen must be
keen judges of human nature, able to
adapt themselves to the personality of
every prospect. There are no hard
and fast rules. One simply has to use
tact, skill and discretion in their con-
tacts. What produces an effect with
one man may produce quite the oppos-
ite effect with another. Courtesy, how-
ever, will always win the prospect's
confidence, and is vital to every sale.
"A salesman is the point of contact
between his organization and the pub-
lic. He represents not only what his
organization sells, but he also repre-
sents its policies and personnel, and
while the final measure of his value
may be represented by his volume, this
volume should also be measured by the
ITurn to page 30)
The SynHous and Well Appointed Piano Wnrerooui of J. M. Wylle Piano Co., Fargo, Ti. D.
THE MUSIC TRADE REVIEW, AUGUST, 1945

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