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Praenumeration
Praenumeration (German: Pränumeration) was an early form of the subscription business model. It was a common business practice in the 18th century book trade in Germany. The publisher offered to sell a book that was planned but had not yet been printed, usually at a discount, so as to cover their costs in advance. The business practice was particularly common with magazines, helping to determine in advance how many subscribers there would be. For example, when Johann Heinrich Zedler decided to issue a collection of works of Martin Luther he advertised that the book would be for sale through praenumeration at the Leipzig Easter Fair in 1728, with the first volume to be available at the following Michaelmas Fair in early October. When the eleventh and final volume was issued in 1733, Zedler found himself in difficulty. He had been using praenumeration payments for the future volumes to pay the bills for previous volumes, and now the last bills were due with no future payments to ...
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Crowdfunding
Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and Alternative Finance, alternative finance, to fund projects "without standard financial intermediaries". Mollick, E. (2014). ''The dynamics of crowdfunding: An exploratory study.'' Journal of Business Venturing. Vol. 29, pp. 1–16. In 2015, over was raised worldwide by crowdfunding. Although similar concepts can also be executed through mail-order subscriptions, benefit events, and other methods, the term crowdfunding refers to internet-mediated registries. This modern crowdfunding model is generally based on three types of actors – the project initiator who proposes the idea or project to be funded, individuals or groups who support the idea, and a moderating organization (the "platform") that brings the parties together to launch the idea. The term crowdfunding was coined in 2006 by entrepreneur an ...
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Subscription Business Model
The subscription business model is a business model in which a customer must pay a recurring price at regular intervals for access to a product or service. The model was pioneered by publishers of books and periodicals in the 17th century. It is particularly common now for digital products, which lend themselves more naturally toward a subscription model. Subscriptions can be a more convenient, hassle-free transaction for consumers. However, due to inertia among some consumers, they may inadvertently pay for subscriptions that they no longer value because they do not realize that they are subscribed. Subscriptions Rather than selling products individually, a subscription offers periodic (daily, weekly, bi-weekly, monthly, semi-annual, yearly/annual, or seasonal) use or access to a product or service, or, in the case of performance-oriented organizations such as opera companies, tickets to the entire run of some set number of (e.g., five to fifteen) scheduled performances fo ...
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Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The Capital of Germany, nation's capital and List of cities in Germany by population, most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic peoples, Germanic tribes have inhabited the northern parts of modern Germany since classical ...
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Johann Heinrich Zedler
Johann Heinrich Zedler (7 January 1706 in Breslau (now Wrocław, Poland) – 21 March 1751 in Leipzig) was a bookseller and publisher. His most important achievement was the creation of a German encyclopedia, the '' Grosses Universal-Lexicon (Great Universal Lexicon)'', the largest and most comprehensive German-language encyclopedia developed in the 18th century. After training as a bookseller, Zedler founded his own publishing house in 1726. It was initially based in Freiberg, Upper Saxony, and in 1727 moved to the Publishing and Book Trade Center in Leipzig. His first major publication was an eleven volume edition of the writings of Martin Luther published between 1729 and 1734, with an index volume published in 1740. As the founding publisher of the ''Universal Lexicon'', started in 1731 and during his lifetime growing to a total of 64 volumes, Zedler got into a long-standing legal dispute with the established publishers in Leipzig, whose more specialized products were threat ...
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Martin Luther
Martin Luther ( ; ; 10 November 1483 – 18 February 1546) was a German priest, Theology, theologian, author, hymnwriter, professor, and former Order of Saint Augustine, Augustinian friar. Luther was the seminal figure of the Reformation, Protestant Reformation, and his theological beliefs form the basis of Lutheranism. He is widely regarded as one of the most influential figures in Western world, Western and History of Christianity, Christian history. Born in Eisleben, Luther was ordained to the Priesthood in the Catholic Church, priesthood in 1507. He came to reject several teachings and practices of the contemporary Catholic Church, Roman Catholic Church, in particular the view on indulgences and papal authority. Luther initiated an international debate on these in works like his ''Ninety-five Theses'', which he authored in 1517. In 1520, Pope Leo X demanded that Luther renounce all of his writings, and when Luther refused to do so, Excommunication in the Catholic Church, ...
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Leipzig
Leipzig (, ; ; Upper Saxon: ; ) is the most populous city in the States of Germany, German state of Saxony. The city has a population of 628,718 inhabitants as of 2023. It is the List of cities in Germany by population, eighth-largest city in Germany and is part of the Central German Metropolitan Region. The name of the city is usually interpreted as a Slavic term meaning ''place of linden trees'', in line with many other Slavic placenames in the region. Leipzig is located about southwest of Berlin, in the southernmost part of the North German Plain (the Leipzig Bay), at the confluence of the White Elster and its tributaries Pleiße and Parthe. The Leipzig Riverside Forest, Europe's largest intra-city riparian forest, has developed along these rivers. Leipzig is at the centre of Neuseenland (''new lake district''). This district has Bodies of water in Leipzig, several artificial lakes created from former lignite Open-pit_mining, open-pit mines. Leipzig has been a trade city s ...
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Leipzig Trade Fair
The Leipzig Trade Fair () is a major trade fair, which traces its roots back for nearly a millennium. After the Second World War, Leipzig fell within the territory of East Germany, whereupon the Leipzig Trade Fair became one of the most important trade fairs of Comecon and was traditionally a meeting place for businessmen and politicians from both sides of the Iron Curtain. Since 1996, the fair has taken place on the Leipzig fairgrounds, located about north of the city centre. History Early history The history of the Leipzig fairs goes back to the Middle Ages. A fair held at Leipzig is first mentioned in 1165. Otto the Rich, Margrave of Meissen presented the Leipzig fairs under protection. No other fair was allowed within a circle of an ( German) mile (7.5 km) away ( Bannmeile). In 1268, Margrave Theodoric of Landsberg assured all merchants travelers to Leipzig full protection for person and goods, even if their sovereign was at feud with him. This led to the settleme ...
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Michaelmas
Michaelmas ( ; also known as the Feast of Saints Michael, Gabriel, and Raphael, the Feast of the Archangels, or the Feast of Saint Michael and All Angels) is a Christian festival observed in many Western Christian liturgical calendars on 29 September, and on 8 November in the Eastern Christian traditions. Michaelmas has been one of the four quarter days of the English and Irish financial, judicial, and academic year. In the Christian angelology of some traditions, the Archangel Michael is considered as the greatest of all the angels; being particularly honored for defeating the devil in the war in heaven. History The name Michaelmas comes from a shortening of "Michael's Mass", in the same style as Christmas (Christ's Mass) and Candlemas (Candle Mass, the Mass where traditionally the candles to be used throughout the year would be blessed). During the Middle Ages, Michaelmas was celebrated as a Holy Day of Obligation, but this tradition was abolished in the 18th century. ...
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Business Models
A business model describes how a Company, business organization creates, delivers, and captures value creation, value,''Business Model Generation'', Alexander Osterwalder, Yves Pigneur, Alan Smith, and 470 practitioners from 45 countries, self-published, 2010 in economic, social, cultural or other contexts. The model describes the specific way in which the business conducts itself, spends, and earns money in a way that generates Profit (economics), profit. The process of business model construction and modification is also called ''business model innovation'' and forms a part of business strategy. In theory and practice, the term ''business model'' is used for a broad range of informal and formal descriptions to represent core aspects of an organization or business, including Mission statement, purpose, business process, target market, target customers, offerings, strategies, infrastructure, organizational structures, profit structures, sourcing, trading practices, and operational ...
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German Books
German(s) may refer to: * Germany, the country of the Germans and German things **Germania (Roman era) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizenship in Germany, see also German nationality law **Germanic peoples (Roman era) * German diaspora * German language * German cuisine, traditional foods of Germany People * German (given name) * German (surname) * Germán, a Spanish name Places * German (parish), Isle of Man * German, Albania, or Gërmej * German, Bulgaria * German, Iran * German, North Macedonia * German, New York, U.S. * Agios Germanos, Greece Other uses * German (mythology), a South Slavic mythological being * Germans (band), a Canadian rock band * "German" (song), a 2019 song by No Money Enterprise * ''The German'', a 2008 short film * "The Germans", an episode of ''Fawlty Towers'' * ''The German'', a nickname for Congolese rebel André Kisase Ngandu See also * Germanic (disambig ...
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