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History of American Sales Culture - part one
Written by: Alen MajerArticle Overview: No American can afford to treat salesmanship as a small matter. Why? Because the United States started out on a salesmanship basis for this reason: because only thirteen states were gained by war and all the others were gained by purchase and bargaining.
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History of American Sales Culture - part one
On five great historic occasions Uncle Sam went out with his money in his hand and bought more real estate. In 1803 he bought Louisiana from Napoleon for $15,000,000. Thomas Jefferson drove the bargain and actually picked up fourteen new States at a price of two and a half cents an acre. That was the greatest real estate transaction known to history. It doubled the size of the United States and gave us a huge territory.
In 1822 James Monroe bought Florida from Spain at a marked-down price of $5,000,000 less than the value of a handful of Google shares of today. Then, just after the Civil War and for no particular purpose, Uncle Sam bought Alaska. He paid $7,200,000 and got plenty of blame for throwing away good money for snow- drifts. For thirty years Alaska was generally regarded as a bad bargain, and then some half frozen trapper found the Klondike. In the best time of the gold-rush Alaska paid for itself, in gold, about once in every four months.
Our fourth real estate purchase was the buying of the Philippines. As to just why we did it no one has ventured to tell, for we first thrashed Spain and then to salve her injured feelings, we gave her $20,000,000 for an archipelago off the coast of China.
This archipelago had not been advertised. It was not up-to-date or serviceable. There was no demand for it. But, as almost all other nations own a few antiques, we thought that we could afford a private collection.
The Panama Canal site cost us $40,000,000; very nearly as much as all the others combined. We paid a million dollars a mile for a non-existent canal, which proves that Roosevelt was at least not as clever a bargainer as Thomas Jefferson. But we had to have it, and it is a source of national pride and marine shipping accomplishment.
So, it was buying and selling that gave us half our territory; and it is also a fact, not usually recognized, that salesmanship played an important part in preserving the Union. While it was Lincoln and Grant who put down the Rebellion, it was Jay Cooke, the famous banker, who sold the bonds and brought in the money.
Jay Cooke was unquestionably the first to launch a national sales campaign. In 1864 he was appointed by Lincoln as Sales Manager of bonds, at a time when the Federal Government was at its wits' end for money. At once Cooke sent out more than four thousand agents. He established a press bureau the first in the world, maybe. And he advertised the bonds in every worthwhile paper in the Northern States.
His fellow-bankers were shocked and astounded at his methods. They said he was no financier, nothing but a peddler of patent medicine. But Cooke only laughed at them and sent out another flood of hand-bills. He had a flaring advertisement hung in every Northern post-office. Such was his energy that in a few months the North went into a fit of bond-madness. After the noise and the shouting were over it was found that Cooke had sold bonds to the face value of $1,240,000,000.
TWELVE HUNDRED MILLION DOLLARS!
Such was the result of the first national sales campaign in the United States.
End of part I
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Article Tags: archipelago, bad bargain, bargainer, four months, gold rush, google, google shares, james monroe, klondike, marine shipping, national pride, panama canal, private collection, real estate transaction, salesmanship, snow drifts, thirty years, thomas jefferson, trapper, uncle sam
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About the Author: Alen Majer RSS for Alen's articles - Visit Alen's website  Alen Mayer, Canadian Sales Expert, is fiercely committed to guiding Entrepreneurs and Sales Professionals to improve their sales knowledge and skills so they can achieve extraordinary sales results, close more sales effectively, and learn more to earn more. If you are looking for a proven Sales Expert who will show you new ways of getting more clients in less time, how to book more appointments by fighting phone resistance, and learn new ways of handling excuses and objections to excel in sales, you've come to the right place. With 20 years in sales and 10 years of experience working with amazing clients with similar worries and concerns and guiding them to achieve remarkable success, my mission and commitment is to help sales people achieve their goals faster than they would without my guidance. I am living proof that you don't need to be a natural-born salesperson to be successful in sales. What lights me up about this work and what sets me apart from other service providers is that I believe that sales is a process and that process can be taught. You always need training. A great salesperson is always trying to make him or herself better. Alen is author of these books: ■ Selling IS Better Than Sex - www.SellingIsBetter.com Sales Training Programs: ■ Get More Appointments TM Summary: - 20+ years in international sales and business development, 10+ years in sales management, coaching and training Alen has inspired audiences from St. John's to Vancouver, and across North America and Europe. Whether a business conference, association meeting, or other event, every aspect is planned and coordinated to maximize attendee value. As keynote speaker, Alen achieves your objectives. To book Alen Majer, one of Canada's top sales experts, please send an email to alen@alenmajer.com.
Click here to visit Alen's website   3 reasons why you lose a sale |
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I am noticing that many of the posts in the Sales/Marketing section deal with online marketing, SEM and and SEO and Affiliates. I was wondering if it might be a good idea to separate that section into two; 1) Online Sales and Marketing; 2) Traditional Sales and Marketing
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You are correct. I wanted to limit it to the U.S. in order to keep the legalities more simplified and under control. Also, there are plenty of other organizations doing their part to help the "world". I was interested in helping my own neighbors and fellow American entrepreneurs.
Re: Online Sales and Marketing vs Traditional
- [quote="ltrahan":31w9r2iz]Hi Evan,
I am noticing that many of the posts in the Sales/Marketing section deal with online marketing, SEM and and SEO and Affiliates. I was wondering if it might be a good idea to separate that section into two; 1) Online Sales and Marketing; 2) Traditional Sales and Marketing[/quote:31w9r2iz]
I second the request...
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You are correct. I wanted to limit it to the U.S. in order to keep the legalities more simplified and under control. Also, there are plenty of other organizations doing their part to help the "world". I was interested in helping my own neighbors and fellow American entrepreneurs.[/quote:3vzftwj4]
I think that was a pretty wise move as taking it to other countries is can become very involved with different laws and currencies etc. Good luck with your business.
MichelleJ
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