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#1937398 08/04/12 05:58 PM
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Story & Clarke, Wm Knabe & Co. Chickering & Sons, Wurlitzer, Sohmer, Weber, Ivers & Pond, Hallett & Davis, Kranich & Back, Winter, and others to numerous to mention. What's a name worth?? I often wonder when I see these familiar names of the great American piano era past, now being produced in lands offshore and far away, what's a name worth? Were these iconic brand names sold for a song? Or were they just given away and picked up for nothing? What's a name worth? What would you pay for a brand name like Wurlitzer, Chickering, Winter, or Gulbransen? Would you pay anything for a now defufnked name?? That is if You are going into the piano buisness

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The more you pay for "name" [only] - the less is sometimes left for piano itself....
Not saying a good name ain't worth nothing, but a bit of 'reality check' won't be a bad idea.
My wife does have a lovely name - but I didn't marry her because of it...

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My name is worth about $278 including a roll of "forever" stamps! HAH! Seriously, certain pianos seem to hold their value if you buy them used or keep them for many years. Steinway is one name that comes to mind. If you buy one right after it is a few years old, It may never depreciate during your ownership. It is also a valuable name to drop at cocktail parties. Years ago, I found that the phrase, "I own a Steinway" commanded respect. But I was young and had alot to learn. Now I appreciate the sound and action and keep my purchases to myself!

Last edited by thetandyman; 08/05/12 12:09 AM.

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One more note, The names of Marantz, Fisher, Webcor etc. were once well known American companies. These names and more, were sold to out of the country manufacturers, and the resulting products bear NO resemblance to the original products. When someone say "I own a Marantz stereo", It could be very valuable vintage audio equipment, OR it could be cheaply made transistor crap. Such seems the same with pianos. One sad item sold overseas was the Kurzweil systhesizers. Back in the '80's, Kurzweil 250 boards were cutting edge, but profit took over and this US company sold out. One example, I do a radio talk show in a American auto manufacturing town, and often field calls about buying American. I always ask what kind of telephone the caller is using. Well, case closed!


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To Clarify Things. If I Wanted To Bring Back One These Old Names To Market, Say Ivers & Pond, Chickering, or some of the others mentioned, what do you think would be required to pickup one of these brands interms of purchaee of the name or are some of these names available for little or nothing?

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As I see it, use of a "well-known" name on a foreign built instrument that bears little resemblance to the original American built product is simply a ploy to get unsophisticated and unsuspecting consumers to purchase a piano.

Personally, I have always liked the Weber models built by Young Chang. I even owned a Weber baby grand for a few years. BUT the Weber marketing strategy (see link below) is extremely misleading. It implies that the current Young Chang built models are similar to the instruments of the past - when, in reality, the only thing they have in common is the Weber name. When purchasing a piano these days, one needs to look past the name on the fallboard and understand where and how the instrument was designed and built.

http://weberpiano.com/weber-history





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Hi K-52,

It is an interesting question. Copyright law would come into play. If the name is no longer, or has never been copyrighted, use would be free and you would be able to the copyright it for your own use and protection. The cost of a specific copyright would be dependent on the fee from the owner of the copyright. Maybe that is one of the reasons that pianos are named after composers.

I have no idea if there is an average in the piano industry. I am sure that the "great" and familiar names command big bucks. Privacy laws with contract negotiations keep this very sealed, and covered by the privacy act. It would only be known to those engaged in the negotiations.

Another interesting question is whether there would be inclusion of royalties.

Rich, was there a copyright on the Cunningham name, and if so, was it included with the purchase of the business? Was the name of the business seperate from that of the piano?

Sorry if I have asked a no-no, I don't mean to be rude or nosey, only currious. I'm not asking about the cost, only the proceedure of how it all works.


Marty in Minnesota

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Branding is worth everything. After material costs, a 9' Steinway costs about the same as a 9' Young & Chang. The difference is the name. Same goes for Nike, Adidas, Rolex, Rolls Royce, Ferrari, etc.

If I were to buy a name, I would not want to purchase one that is worthless. I would try to get the best brand I could afford, and then spend as much time and effort as I could rehabilitating the name of the brand. In the case of pianos, that could take an entire generation, because people get entrenched in their particular points of view no matter what the evidence indicates, and "taste" predominates the other senses, including "common". So, you would have to be acutely aware of that in light of any purchasing considerations. wink


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Originally Posted by Derulux
Branding is worth everything. After material costs, a 9' Steinway costs about the same as a 9' Young & Chang. The difference is the name. Same goes for Nike, Adidas, Rolex, Rolls Royce, Ferrari, etc.


I disagree - it is not the name that makes a Steinway different from a Young Chang, it is how the materials are put together.

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Originally Posted by Jonathan Alford
Originally Posted by Derulux
Branding is worth everything. After material costs, a 9' Steinway costs about the same as a 9' Young & Chang. The difference is the name. Same goes for Nike, Adidas, Rolex, Rolls Royce, Ferrari, etc.


I disagree - it is not the name that makes a Steinway different from a Young Chang, it is how the materials are put together.

Jonathan

And you don't think that, at all, you are at least in part paying for the name??


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And you don't think that, at all, you are at least in part paying for the name??


Hmmm...a C&A program with 2 to 5 concert level instruments not sold to a dealer, but there in a city in case an S&S artist wants to play one.

What cost in inventory alone for every major market place being serviced in the world? 1 mill.? 10 mill.? 50 mill.?

This does not count the many permanent concert venues that have pianos placed by S&S. Now how much cost?

Add the cost of keeping artists on your roster after they have achieved a career. Once they no longer need to be a "branded" artist, many explore the world's other great voices. Now how much cost?

Please do not misunderstand me. Steinway has built some wonderful pianos and they are certainly built differently from Young Chang, but they are not the only voice out there and IMHO are not nearly the most interesting either.



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My Sister-In-Law's Mother-In-Law (stay with me here...) has a brand new Kohler & Campbell that hew salesperson stated was built in the U.S.A.... She was so happy she was supporting an American workforce... that is, up until the point I broke the news to her.

What? Don't look at me like that... I HAD to say something...


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Originally Posted by mahermusic
My Sister-In-Law's Mother-In-Law (stay with me here...) has a brand new Kohler & Campbell that hew salesperson stated was built in the U.S.A.... She was so happy she was supporting an American workforce... that is, up until the point I broke the news to her.

What? Don't look at me like that... I HAD to say something...


The salesperson was either ignorant or dishonest. On the other hand, your S-I-L's-M-I-L is typical of the consumer who shells out big bucks without doing their research. Not to worry, however, because the K & C she bought will still probably serve her well - no matter who built it.


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What if the Chickering or Wulitzer brand were available?? What's a name worth ?? What would you pay for such an iconic American Name if it were Possible to bring them back to the market place??

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Originally Posted by Derulux
Originally Posted by Jonathan Alford
Originally Posted by Derulux
Branding is worth everything. After material costs, a 9' Steinway costs about the same as a 9' Young & Chang. The difference is the name. Same goes for Nike, Adidas, Rolex, Rolls Royce, Ferrari, etc.


I disagree - it is not the name that makes a Steinway different from a Young Chang, it is how the materials are put together.

Jonathan

And you don't think that, at all, you are at least in part paying for the name??


In part yes, but you said branding is everything.

Jonathan

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Originally Posted by carey
Originally Posted by mahermusic
My Sister-In-Law's Mother-In-Law (stay with me here...) has a brand new Kohler & Campbell that hew salesperson stated was built in the U.S.A.... She was so happy she was supporting an American workforce... that is, up until the point I broke the news to her.

What? Don't look at me like that... I HAD to say something...


The salesperson was either ignorant or dishonest. On the other hand, your S-I-L's-M-I-L is typical of the consumer who shells out big bucks without doing their research. Not to worry, however, because the K & C she bought will still probably serve her well - no matter who built it.


It is VERY unlikely that the salesperson did not know where that piano was made. He/She certainly knew it was not in the U.S.


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Originally Posted by Steve Cohen
Originally Posted by carey
Originally Posted by mahermusic
My Sister-In-Law's Mother-In-Law (stay with me here...) has a brand new Kohler & Campbell that hew salesperson stated was built in the U.S.A.... She was so happy she was supporting an American workforce... that is, up until the point I broke the news to her. What? Don't look at me like that... I HAD to say something...
The salesperson was either ignorant or dishonest. On the other hand, your S-I-L's-M-I-L is typical of the consumer who shells out big bucks without doing their research. Not to worry, however, because the K & C she bought will still probably serve her well - no matter who built it.
It is VERY unlikely that the salesperson did not know where that piano was made. He/She certainly knew it was not in the U.S.


thumb thumb


Last edited by carey; 08/06/12 09:40 AM.

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If the origin of the piano is important to your relative, and if there was a misrepresentation about the piano, perhaps she should speak with the dealer about taking the piano back. In my view, salespersons should not be able to induce people to buy their products by misrepresenting them; the only recourse is to return the item for a full refund. That is, of course, if the origin of the piano is important to the buyer.

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You know he probably said something like, "When you buy Kohler and Campbell you are buying a great American name with a long history of quality, American made instruments." That would be deceptive and greasy, yet still technically correct. He probably didn't come right out and say, "This here particular piano was made in the USA", unless she bought a used model.


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Winter, Wurlitzer, Conn, Currier, What's a name worth?? What can you expect to pay to aquire one of the old now defunct unused brand names. $50, $5oo, $5000, $5oooo, Or $5oooooo If you Wanted to start a new piano company what would you pay for a known brand name??

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