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Chapter III
Money in trade
What Kind of Advertisements Pay – “Don’t Fail to See the Blizzard Saturday Night” – The Keynote of a $20,000,000 Sale – Selling Goods by the Mile – Watches for Bait – How to Get Five – Year Customers – “Trade With Me and Get a House and Lot” – Why Trade at Push and Pluck’s? – Bargains in Buttons Often Means High Prices in Broadcloth.
Thousands fail in business every year when an idea put into practical operation would have tided them over the trouble and opened the road to a competence. This chapter will tell you how to succeed. No man with common ability and industry who puts the half or even the quarter of these ideas into practice can possibly fail. The great thing is to make people buy your goods. But to induce them to purchase you must first of all call attention to what you have to sell. Here are a few of the ways in which this is to be done. The following methods will fairly compel the people to trade with you, but you must bear in mind that as soon as the influence of one device begins to flag it must be immediately succeeded by another.
17. The Interlined Advertisement. – Advertisements are not read unless persons are looking for something in that line. This is because they are all placed by themselves. Your bid for patronage must be put in the midst of the reading matter if it is to attract general attention. Many publishers will not do this, but your chief and only point in appearing in the paper is to have your advertisement read, and it pays better to insert it in a journal with 5,000 readers who will all see it than in one having 100,000 subscribers, hardly 100 of whom will glance at the advertisement. You can afford to pay handsomely if the publisher will give you a line of black-faced type to eight or ten lines of news.
18. The Picturesque Name. – Have a name for your store such as will easily fit everybody’s mouth. “The Beehive,” “The Blizzard,” “The Buttercup,” or “The Bonanza,” are suggestive titles. Many customers are attracted by the talk of their acquaintances, and it is much easier to tell a friend that you bought an article at “The Hub,” or “The Sun,” than to attempt the unpronounceable name of a proprietor, or to give a forgotten number. Successful men in several lines of business assert that they owe much of their good fortune to the happy hit of a popular name.
19. The Pictorial Wreck. – A writer with the gift of a lively imagination can write something interesting in the way of a fanciful battle between customers and goods. Head lines, “Great Slaughter in – (the taking name of your store),” “Wreck of Old Conservatism,” “Smash of High Prices,” “Ruined by the Rush.” Then would follow a graphic description of the charge of customers upon wares in which the store was almost wrecked by the enormous number of people who took advantage of the under-cost prices. People enjoy this kind of pleasantry, and the impulse to follow the crowd is almost irresistible. A certain New York house grew from a small to a great one by this method of advertising.
20. Red Letter Day. – Have a day in which you offer special bargains to the people of a certain town, village or hamlet. Put up flaming posters, announcing “Squashville day,” “Jonesboro Day,” “Bloomington day.”
21. Class Discount. – You may draw numbers of men to your place by this means. Secret fraternities, workingmen’s orders, church societies, wheelmen’s leagues, will be attracted to you if they know you specially favor them. Fortunes have been made by close attention to these great organizations.
22. The Honest Flaw. – Strictly instruct your clerks to tell your customers the precise nature of every article; if the quality is inferior, make them to understand exactly what they are getting for their money; and if there be a flaw, let them be careful to point it out. By such means thousands of people who cannot trust their own judgment in these matters, will be attracted to a place where they are certain to be treated fairly. A. T. Stewart, who began business in a modest store, and who, in the latter part of his life sold $20,000,000 worth of goods every year, declared that this plan was the keynote of his success.
23. The Premium Clerk. – You need clerks who can induce acquaintances to visit your store, cajole visitors into customers, and coax customers to become larger buyers. If you have a number of clerks and your business will admit of it, offer a monthly premium to the one who brings into the store the largest number of new buyers or into the cash-drawer the heaviest receipts. There are certain kinds of business where this plan will work, and will be provocative of such competition as greatly to increase trade.
24. The Railroad Mileage. – Arrange, if possible, with some railroad company to issue mileage tickets as premiums to those who will trade with you. At two cents a mile you could afford to give two miles of travel for every one dollar’s worth of goods. At that rate $500 worth of goods would buy a $20 mileage ticket.
25. The Dial Dollars. – How many figures on the dial of your watch? Twenty-eight, counting the number VI, which is generally either omitted or only partly indicated. Fix a big dial two feet or more in diameter in some prominent part of your store, and announce that when a customer has traded an amount equal to the total figures on the dial you will present him with a watch. Of course, the timepiece would be a very cheap one, but many a parent will trade with you for the sake of getting a watch for his child.
26. First Customer Package. – In some periods of the day you will have more custom than you can well attend to, while at other times you will have nothing to do. The following plan will perhaps help to equalize trade, and also give you additional buyers: Suspend a package in some conspicuous part of your store with the announcement thereon that it will be given free to the first customer in the morning.
27. The Carpet Coupon. – By a system of large-sized coupons – we will say a foot square – you can put into practice a unique system that will appeal to the heart of every housewife. Publish that you will give a free carpet of a certain size and grade when a fixed amount has been traded. A square foot of a coupon represents a sum of money spent in the store – perhaps one dollar. Every woman by measuring her room can learn how many dollars’ worth of goods she must buy before she can have a free carpet.
28. The House Lot Coupon. – This is an extension of carpet coupon. A certain amount of purchased goods entitles one to a building lot, which, if in the country, need not be of great cost. Have the particular lots selected and advertised. Another plan is to offer the lot to the largest purchaser within a certain time – possibly five years. This is a good way to hold on to customers.
29. Price – Time Grade. – If you have the credit system, have also a gradation of prices so as to encourage people to pay at the earliest possible time. A system like this would do – forty days full price; thirty days, two per cent. off; twenty days, three per cent. off; ten days, four per cent. off; cash, five per cent. off.
30. Sales Bulletin. – People like to buy where others buy. Success brings success. If you are doing well, you may do better. Have a large bulletin board in front of your store, or near it, announcing your sales for the past week. Newspapers boom themselves in like manner by publishing their enormous circulation.
31. Best Reason Prize. – Offer a prize to the one who will give the best reason for trading at Push amp; Pluck’s, and then insert in the form of an advertisement in a leading paper a list of the best reasons. Six months before Christmas offer presents to all who will trade a certain amount before that holiday.
32. Birthday Calendar. – A calendar with the birthdays of your customers (age of course omitted), would attract attention, and the offer to give a present to any one trading a certain amount before his birthday would certainly add to your receipts.
33. Conspicuous Price-List. – Buyers are caught like fish. Display in your window a list of cut prices. Passers-by who cannot resist the opportunity of a bargain will come in, and often be induced to purchase the goods which are not reduced.
34. The Early Discount. – In order to equalize the trade of the day announce that you will give a slight discount to persons trading during the dull hours.
35. The Money-Space Counter. – Determine that every portion of your store shall pay. Have every lineal foot of your counters calculated at a certain rate of profit. If you find a department that does not pay, change methods or your goods, and if still unsuccessful drop it. Many large dealers fail because they keep departments where the expenses are more than the profits. But if every foot of room pays only a little, the entire store must pay handsomely.
It will be seen in the foregoing how every leading impulse in human nature is appealed to – curiosity and cupidity, honesty and economy, personal flattery and local pride. If, in addition to these powerful inducements to patronage, you combine shrewdness in buying and cautiousness in trusting, if your goods are excellent in quality and generous in quantity, if your place of business is neat and attractive, and your service marked by promptness and politeness; then it is impossible to fail; you have all the elements of prosperity, and are certain to be a great and successful merchant.
Chapter IV
Money in the introduction of a new article
Success of the “Imitation Cigar” – The Dealer’s Seeds of Gold are Black – Barnum’s Belief in Humbugs – Tricks for Trade – Politics for the Men, Novels for the Women – How the Remington Typewriter was Boomed – A Business Man’s Experience in Advertising.
New articles in all lines of trade are constantly appearing. Inventors of mechanical appliances, authors of books, proprietors of patent medicines, introducers of something novel in groceries, and promoters of new departures in dry and fancy goods, are all anxious to have the public take their products and pay them in cash. The problem is how to introduce the article. However meritorious it may be, it is useless unless the people find it out. The following are believed to be unique methods of advertising:
36. The Puzzle. – Buy some patented puzzle which can be manufactured cheap and scattered broadcast over the land. There is no better way to advertise. If men do not solve the puzzle, they will remember what is stamped on it. The “Get-off-the-earth-Chinese puzzle” enormously advertised its purchasers.
37. The Toy Imitation. – Wooden nutmegs and shoe-peg oats have duly advertised the shrewd ways of the people of Connecticut. A man recently made a hit by the “imitation cigar,” which is only a piece of wood of the shape and color of a cigar. Every boy wants one. As an advertising medium it was an immense success. Think of something as common and cheap as a cigar, get up an imitation for the children, have your enterprise stamped upon it, and it will go from one end of the land to the other.
38. The Cartoon. – A caricature of some political person or situation is always taking. Hit off some social craze, or give a witty representation of some matter of passing interest. Drops of ink in this way are seeds of gold, and the harvest will be golden.
39. The Conjurer. – This is a good way to advertise when the article is a cheap affair which can be shown in the street. There are few things so attractive to the masses as the tricks of the sleight-of-hand performer. Mr. P. T. Barnum uttered at least an half-truth when he said the people liked to be humbugged. For a few dollars you can get an equipment, and in a few days’ practice you can acquire enough of the art for your purpose. You can draw a crowd wherever there are people. When you have performed a few tricks, your climax should be a shrewd advertisement which can be worked into the last performance.
40. The Striking Figure. – If your goods are on sale in some prominent store, this device is sure to draw attention. Make a figure of some animal or vegetable or other form, if your article will lend itself to such a work. The figure could be some prominent man, or represent an historic scene, or illustrate some popular movement. A dealer in confectionery had in his window a bicycle made all of candy.
41. The Advertising Story. – Offer a prize to the one who will write the best story about the merits of your article. The latter must be brought deftly into the story, and the award should be based upon the merits of the literary production and the skill in the use of the advertisement. Every competitor should be required to buy a small number of the articles, and the story should be published.
42. The Word-Builder. – Another prize might be offered to the one who could compose the greatest number of words from the name of your article or invention. The name ought to include at least a dozen letters, and there should be a set of rules for building words. Every contestant must buy your invention from whose title he is to build words.
43. The Popular Pun. – This is an expensive way of advertising, but an immensely paying one. You make a pun upon some fad of the day, a hit upon some general craze, a piercing of some passing bubble, a political quib. Something of this nature printed several times in the issue of the daily papers would make your venture known to everybody.
44. The Political Guesser. – If your enterprise admits of the coupon system, offer a prize to the one who will guess the successful candidate at the next election, and come the nearest to the figures of his plurality. The contestant must purchase one of your articles, and in this way hundreds of thousands may be sold. Every presidential election is the occasion of the floating of many things by this scheme.
45. The Geometrical Group. – Some wares, such as fancy soaps and canned goods, admit of a grouping which is very attractive to the eye. Pyramids, cones, circles, and towers, always draw attention. Some mechanical device whereby motion is produced will be sure to draw a crowd to your show window.
46. The Pictorial Comparison. – If you are sure of your ground, draw a diagram or other figure, comparing your staple with those of others in the market. In this way the Royal Baking Powder Company pushed to the front, comparing with heavy black lines its product with the outputs of other companies.
47. The Open Challenge. – And if you are still further confident that you have the best thing of its kind, you may issue a challenge to your competitors. Make it apparent that you are anxious, even clamorous, for a trial of your product against others. By this means you will establish yourself in the confidence of the public. The Remington Typewriter was boomed in this way.
48. The Book Gift. – Try the religious field. Issue leaflets or tiny books with paper covers, costing not more than two or three dollars a thousand, and offer them as gifts to Sunday-schools or other children’s organization. Most Sunday-school superintendents would be glad to give away booklets of this kind if they could be obtained free of charge. The books should contain a bright story, a few pictures, and, of course, a taking presentation of your wares.
49. Sunday-school Supplies. – In some cases, you might even be warranted in issuing the supplies of a Sunday school, at least for a portion of the year. The books in the last number might not in every case be read, but the picture papers, lesson leaves, and other helps, are all looked over, even if not studied. You could in many cases present them, reserving large advertising space for yourself so as to net a good profit. The class of customers thus obtained would be the very best. Do not hope for large returns unless you are willing to spend money. Money is the manure that creates crops, the blood that makes fatness, the wind that fans fortune, the sap that runs into golden fruit. Money is the bread on the waters that “returneth after many days.” It seems like the sheerest folly to spend so much in advertising, but you cannot reap bountifully unless you sow bountifully. “For every dollar spent in advertising,” declares a successful merchant, “I have reaped five.”
Chapter V
Money in the home store
How to Make Money at Home – One Hundred Ways to Get Gain in Your Own House – How to Get One Hundred Per Cent. Profit – Make Your Own Goods – Cheaper to Make than to Buy – Anybody Can do It – A Woman as Well as a Man – A Chance for Persons With Small Capital – Three Profits in One Sale.
How? On every article sold there is first of all the profit of the manufacturer, then of the wholesale dealer, and finally of the retailer. There is commonly a fourth, that of the freighter. If you keep a retail store, you must pay the man who makes the goods, the man who transports the goods, and the man who keeps the goods in large stock, and all this leaves you only a small margin of profit. In the following plan you avoid all these costs, pay only for the raw material, and make the four profits yourself.
You may begin your sales in your own home. If you have a large room fronting the street and near it, a little alteration will make it a veritable store. An expenditure of $25 should give you a show window and some nice shelves. Have a workroom in connection with your store. If your sales at first are small, you can put in your spare time in the making of your goods, and afterward as your custom increases you can employ help. The following articles are easily made. Many of them are novel, but all are salable if the store is properly managed.
Section I. Household Ornaments
A home may be rendered attractive by a few simple ornaments that are very cheap. Vines, grasses, etc., add touches of beauty to a home and cost very little. Few people know how to prepare these little curiosities, and many would esteem it too much trouble to get and arrange the material if they did know. But most of these persons would buy them if the materials were prepared, and the vines, etc., ready to grow. You must have models of each kind in full growth in order to excite their admiration, and then you must have others in the initial stage for sale. Take pains to show the models, and explain the method of treating the plants and vines. The following cost little, and can be sold for from 300 to 500 per cent. profit. Some of your patrons will prefer to buy the models outright, and others to grow them themselves.
50. Crystallized Grasses. – Put in water as much alum as can be dissolved. Pour into an earthen jar and boil slowly until evaporated nearly one half. Suspend the grasses in such a manner that their tops will be under the solution. Put the whole in a cool place where not the least draught of air will disturb the formation of crystals. In twenty-four to thirty-six hours take out the grasses, and let them harden in a cool room. For blue crystals, prepare blue vitriol or sulphate of copper in the same manner. Gold crystals can be produced by adding tumeric to the alum solution, and purple crystals by a few drops of extract of logwood. Sell them at twenty-five cents a bunch.
51. Leaf Impressions. – Hold oiled paper in the smoke of a lamp, or of pitch, until it becomes coated with smoke. Then take a perfect leaf, having a pretty outline, and after warming it between the hands, lay the leaf upon the smoked side of the paper, with the under side down, press it evenly upon the paper so that every part may come in contact, go over it lightly with a rolling-pin, then remove the leaf with care to a piece of white paper, and use the rolling-pin again. You will then have a beautiful impression of the delicate veins and outline of the leaf. A sheet containing a dozen such leaves should bring you twenty-five cents; if arranged in a pretty white album, with a different kind of leaf for every page, the selling price should not be less than one dollar.
52. Vine and Trellis. – Put a sweet potato in a tumbler of water, or any similar glass vessel; let the lower end of the tuber be about two inches from the bottom of the vessel; keep on the mantel shelf, and sun it for an hour or two each day. Soon the “eyes” of the potato will throw up a pretty vine. Now with some small sticks or coarse splints construct a tiny trellis, which, if placed in the window, will soon find a customer.
53. The Suspended Acorn. – Suspend an acorn by a piece of thread, within half an inch of the surface of some water contained in a vase, tumbler or saucer, and allow it to remain undisturbed for several weeks. It will soon burst open, and small roots will seek the water; a straight and tapering stem, with beautiful, glossy green leaves, will shoot upward, and present a very pleasing appearance. Supply water of the same warmth once a month, and add bits of charcoal to keep it from souring. If the leaves turn yellow, put a drop of ammonia into the water, and it will renew their luxuriance.
54. Moss and Cone. – Take a saucer and fill it with fresh green moss. Place in the center a large pine cone, having first wet it thoroughly. Then sprinkle it with grass seed. The moisture will close the cone partially, and in a day or two tiny grass spears will appear in the interstices, and in a week you will have a perfect cone covered with graceful verdure. The advantage of this, as well as of the other pretty things in this section, is that they are fresh and green in the midst of winter, and people are attracted to the slice of spring in your window when the outside world is mantled with snow.
55. The Tumbler of Peas. – Take a common tumbler or fruit can and fill it nearly full of soft water. Tie a bit of coarse lace or cheese-sacking over it, and covering it with a layer of peas, press down into the water. In a few days the peas will sprout, the little thread-like roots going down through the lace into the water, while the vines can be trained upon a pretty little frame.
56. The Hanging Turnip. – Take a large turnip and scrape out the inside, leaving a thick wall all around. Fill the cavity with earth, and plant in it some clinging vine or morning glory. Suspend the turnip with cords, and in a little time the vines will twine around the strings, and the turnip, sprouting from below, will put forth leaves and stems that will turn upward and gracefully curl around the base.
57. Bleached Leaves. – Mix one drachm chloride of lime with one pint of water, and add sufficient acetic acid to liberate the chlorine. Steep the leaves about ten minutes, or until they are whitened. Remove them on a piece of paper and wash them in clean water. They are now ready for sale, and all you need do is to arrange a dozen of them on a sheet of black paper, or in a dark-colored album, and expose them in your show window.
58. The Artificial Plant. – Take the glossy silk stuff known as taffeta. Dye the piece the proper green color before cutting. After it is dried, prepare with gum arabic on one side to represent the glossy surface of the leaves, and with starch on the other to give the velvety appearance of the under side. Use a fine goffering tool to make the veins and indentations. Glue the leaves to the stem, and place to advantage in your store window, where, if you have been skillful, they can hardly be distinguished from the leaves of a growing plant.
If you are moderately successful, procure a book about household ornaments and artificial plants, and you will learn to make many more designs. We have selected these because they are the cheapest and most easily made. All the above, except the albums, should sell for twenty-five cents. Remember that a great deal depends upon your taste in arranging, your manner of explaining, and your adroitness in recommending. You must be so in love with your plants as to be enthusiastic. In general, a lady succeeds in this work better than a gentleman.