Modern Americans: A Biographical School Reader for the Upper GradesSanford, Chester Milton
General
Modern Americans: A Biographical School Reader for the Upper Grades
Sanford, Chester Milton
Biography -- Juvenile literature; United States -- Biography
He worked hard outside of business hours, improving himself for any
opportunity that might come. And one came when he was twenty-one years
of age.
The directors of the Philadelphia Y. M. C. A. were looking for a young
man to become Secretary of the Association. They were anxious to
secure an earnest energetic person who would make a great success, for
it was the first time that such a position as Y. M. C. A. secretary
had been established. They selected John Wanamaker and paid him $1,000
a year.
He went to work with a will, and everyone felt that he more than
earned his salary. All the time he was saving, just as he had been
doing when he worked in the book store. He had great hopes and plans.
When he had saved $2000 he and a friend of his own age started a
business of their own. Their store was named Oak Hall and they sold
men's clothing. At that time business houses did not advertise in the
newspapers as they do today. Neither were signboards used. Just
imagine how puzzled the good folk of Philadelphia were when, one
morning, they saw great billboards all over their peaceful city. On
these were two letters, W. & B. No one knew what these letters meant.
Everyone was guessing, and it was not until Oak Hall was opened that
the public learned that W. & B. stood for Wanamaker & Brown, the name
of the new firm.
Their first day's business brought in thirty-eight dollars. John
Wanamaker himself delivered the goods in a wheel barrow. Then he
hurried to a newspaper office and spent the entire thirty-eight
dollars for advertising. After reading of the wonderful goods on sale
there, customers poured into Oak Hall. They bought, too, for again
John Wanamaker had spent his money wisely. He had hired the highest
paid clerk in Philadelphia to manage the sales room, which meant that
each customer was waited upon well and went away pleased, ready to
tell his friends about the new store.
What do you suppose was told the oftenest? Probably you would not
guess, because today all business houses have followed the plan that
was used first in Oak Hall.
You will be surprised when you hear that it was the custom of having
one price for a garment and sticking to it that caused the most talk.
This price was marked plainly on a tag attached to the article to be
sold, and any one could see it. Before this, clothing merchants had
not marked their goods, but tried to get as much as possible from a
customer. Often one suit of clothes had a dozen prices on the same
day. So you can see what a change the energetic young man made. He did
more than this. Because he wanted to please the public, he said if any
customer was not satisfied he could return his purchase and receive
his money back. This was a startling idea, but it worked, and made
many friends for the young firm.
Public-domain text, read in full here on John Shaqi.
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