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Intention Economy
The intention economy is an approach to viewing markets and economies focusing on buyers as a scarce commodity. Customers' intention to buy drives the production of goods to meet their specific needs. It is also the title of Doc Searls book: '' The Intention Economy: When Customers Take Charge'' published in May, 2012. Concept Doc Searls coined the term in an article for Linux Journal. He wrote: "The Intention Economy grows around buyers, not sellers. It leverages the simple fact that buyers are the first source of money, and that they come ready-made. You don't need advertising to make them." Despite the advancement of the internet, businesses are still seller oriented. Even successful businesses like Google still have the point of view of the sellers, with their revenue coming nearly all from advertising. Searls describes the current condition as a series of silos. The only option a buyer has is merely moving from silo to silo. Nothing has fundamentally changed. Some sites have ...
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Market (economics)
In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in Exchange (economics), exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services (including labour power) to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any tradeable item to be evaluated and priced. A market emergence, emerges more or less spontaneous order, spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights (cf. ownership) of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale (local p ...
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Library Of Economics And Liberty
Liberty Fund, Inc. is an American private educational foundation headquartered in Carmel, founded by Pierre F. Goodrich. Through publishing, conferences, and educational resources, the operating mandate of the Liberty Fund was set forth in an unpublished memo written by Goodrich "to encourage the study of the ideal of a society of free and responsible individuals".Morgan N. KnullGoodrich, Pierre, '' First Principles'', 09/23/11Robert T. Grimm (ed.), ''Notable American Philanthropists: Biographies of Giving and Volunteering'', Greenwood Publishing Group, 2002, pp. 125–128 History Liberty Fund was founded by Pierre F. Goodrich in 1960. In 1997 it received an $80 million donation from Goodrich's wife, Enid, increasing its assets to over $300 million. In November 2015, it was announced that the Liberty Fund was building a $22 million headquarters in Carmel, Indiana. Liberty Fund has been cited by historian Donald T. Critchlow as one of the endowed conservative foundations whi ...
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Infinite Buyer
Infinite may refer to: Mathematics *Infinite set, a set that is not a finite set *Infinity, an abstract concept describing something without any limit Music *Infinite (group), a South Korean boy band *''Infinite'' (EP), debut EP of American musician Haywyre, released in 2012 * ''Infinite'' (Eminem album), the debut album of American rapper Eminem, released in 1996 :* ''Infinite'' (Eminem song), the debut song of American rapper Eminem, released in 1996 * ''Infinite'' (Stratovarius album), a studio album by power metal band Stratovarius, released in 2000 * ''The Infinite'' (album), by trumpeter Dave Douglas, released in 2002 *" Infinite...", a 2004 single by Japanese singer Beni Arashiro *Infinite (Notaker song), a 2016 single by American electronic producer Notaker *Infinite (rapper), a Canadian rapper * ''Infinite'' (Sam Concepcion album), the second studio album by Filipino singer Sam Concepcion * ''Infinite'' (Deep Purple album), the twentieth studio album by Deep Purple *"In ...
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SellaBand
Sellaband was a music website that allowed artists to raise the money from their fans and the SellaBand community in order to record a professional album. Sellaband used the mechanisms of crowdfunding and was to be seen as a Direct-to-Fan/ fan-funded music platform utilising a Threshold Pledge System / Provision Point Mechanism. It was set up by Johan Vosmeijer (ex Sony/BMG), Pim Betist (ex Shell), and Dagmar Heijmans (ex Sony/BMG) in August 2006. Its offices used to be located in Amsterdam, Netherlands, but it was originally incorporated in Bocholt, Germany. On April 8, 2008, Sellaband raised EU€3.5 million ( US$5 million) in their Series A round led by Prime Technology Ventures. In early 2009, Pim Betist left Sellaband to set up Africa Unsigned, using Sellaband technology as a base and supported by the Dutch government. In January 2010, Sellaband filed for Bankruptcy. It relaunched days later, after an investor stepped forward. The office was relocated to Munich, German ...
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Eventful
Eventful is an online calendar and events discovery service owned by Audacy, Inc. The service allows users to search for and track upcoming entertainment events in their area (such as concerts, festivals, and film presentations) involving specific performers, indicate and share their intent to attend certain events, and indicate their "demand" for certain acts to appear in their region. As of February 2021, the site has been replaced by a link to Entercom's radio.com site, which includes a limited music-event-listing functionality. Functionality Users can search for events worldwide by time, location, performer, and descriptive keyword. Users can create private or public calendars, including "smart" calendars which automatically update when events matching search criteria are added or existing events are modified. As of July 2007, the company claimed it had approximately 4 million future events in its search engine index. Users can optionally share their intention of attending a ...
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Zillow
Zillow Group, Inc., or simply Zillow, is an American tech real-estate marketplace company that was founded in 2006, and was created by Rich Barton and Lloyd Frink, former Microsoft executives and founders of Microsoft spin-off Expedia; Spencer Rascoff, a co-founder of Hotwire.com; David Beitel, Zillow's current chief technology officer; and Kristin Acker, Zillow's current senior vice president of experience design. Barton is the current CEO of Zillow, Inc. Business model Zillow has stated that it is a media company that generates revenue by selling advertising on its website. In April 2009, Zillow announced a partnership to lend its real-estate search engine to the websites of more than 180 United States newspapers as a part of the Zillow Newspaper Consortium. Zillow shares advertising revenue from the co-branded sites with the newspapers and extends its reach into local markets. In February 2011, Zillow and Yahoo! Real Estate launched an exclusive partnership creating the lar ...
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Economies
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Ho ...
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Mass Customization
In marketing, manufacturing, call centre operations, and management, mass customization makes use of flexible computer-aided systems to produce custom output. Such systems combine the low unit costs of mass production processes with the flexibility of individual customization.Mass customization is the new frontier in business for both manufacturing and service industries. At its core, is a tremendous increase in variety and customization without a corresponding increase in costs. At its limit, it is the mass production of individually customized goods and services. At its best, it provides strategic advantage and economic value. It is one of the product design strategies and is currently used with both techniques (delay differentiation and modular design) together with effective innovative climate to enhance the value delivered to customers. Mass customization is the method of "effectively postponing the task of differentiating a product for a specific customer until the latest po ...
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Priceline
Priceline may refer to: * Priceline.com, a commercial website which helps users obtain discount rates for travel-related items such as airline tickets and hotel stays * The Priceline Group, a provider of online travel & related services, and a parent company of Priceline.com * Priceline (Australia), a chain of health and beauty retail stores and pharmacies in Australia, owned by Wesfarmers {{disambig ...
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