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Pay-what-you-want
Pay what you want (or PWYW, also referred to as value-for-value model) is a pricing strategy where buyers pay their desired amount for a given commodity. This amount can sometimes include zero. A minimum (floor) price may be set, and/or a suggested price may be indicated as guidance for the buyer. The buyer can select an amount higher or lower than the standard price for the commodity.''Smart Pricing'', Chapter 1. "Pay As You Wish" Pricing, Raju and Zhang, Wharton School Publishing, 2010. . Many common PWYW models set the price prior to a purchase (''ex ante''), but some defer price-setting until after the experience of consumption (''ex post'') (similar to tipping). PWYW is a buyer-centered form of participatory pricing, also referred to as co-pricing (as an aspect of the co-creation of value). Motivation PWYW models can be sometimes successful as they eliminate many disadvantages of conventional pricing. These models can eliminate fear of whether a product is worth a given s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
In Rainbows
''In Rainbows'' is the seventh studio album by the English rock band Radiohead. It was self-released on 10 October 2007 as a pay-what-you-want download, followed by a physical release internationally through XL Recordings and in North America through TBD Records. It was Radiohead's first release after their recording contract with EMI ended with their album '' Hail to the Thief'' (2003). Radiohead began work on ''In Rainbows'' in early 2005. In 2006, after initial recording sessions with their new producer Spike Stent proved fruitless, they re-enlisted their longtime producer Nigel Godrich. Radiohead recorded in the country houses Halswell House and Tottenham House, the Hospital Club in London, and their studio in Oxfordshire. They incorporated conventional rock instrumentation plus electronic instruments, strings, piano and the ondes Martenot. The lyrics are less political and more personal than previous Radiohead albums. Radiohead self-released ''In Rainbows'' online and al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Radiohead
Radiohead are an English rock band formed in Abingdon, Oxfordshire, in 1985. The band consists of Thom Yorke (vocals, guitar, piano, keyboards); brothers Jonny Greenwood (lead guitar, keyboards, other instruments) and Colin Greenwood (bass); Ed O'Brien (guitar, backing vocals); and Philip Selway (drums, percussion). They have worked with the producer Nigel Godrich and the cover artist Stanley Donwood since 1994. Radiohead's experimental approach is credited with advancing the sound of alternative rock. Radiohead signed to EMI in 1991 and released their debut album, ''Pablo Honey,'' in 1993; their debut single, " Creep", became a worldwide hit. Radiohead's popularity and critical standing rose with the release of '' The Bends'' in 1995. Radiohead's third album, '' OK Computer'' (1997), brought them international fame; noted for its complex production and themes of modern alienation, it is acclaimed as a landmark record and one of the best albums in popular music. Radiohea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
One World Everybody Eats
One World Everybody Eats (OWEE) was a nonprofit community kitchen and is a foundation based in Salt Lake City, Utah. Its motto was "a hand up, not a hand out." The community kitchen concept is a restaurant based on a gift economy, allowing patrons to "pay what they can" and serving all members of the community regardless of their ability to pay. The Cafe incorporated volunteer and common-effort aspects similar to those of a community garden. The organization's stated goal was to provide all who eat high quality, all natural, simple food and to ask patrons to give fairly in exchange so that all could partake. Operation The cafe served food according to a "no-menu, no prices" model. A pay-what-you-want model was used. If customers could not afford to pay, they could volunteer at the cafe doing dishes, cooking, or working in the garden, and receive meal vouchers in exchange for the work they performed. Patrons could also pay for a meal by donating supplies or organically grown ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pay What You Can
Pay what you can (PWYC) is a non-profit or for-profit business model which does not depend on set prices for its goods, but instead asks customers to pay what they feel the product or service is worth to them. It is often used as a promotional tactic, but can also be the regular method of doing business. It is a variation on the gift economy and cross-subsidization, in that it depends on reciprocity and trust to succeed. "Pay what you want" is sometimes used synonymously, but "pay what you can" is often more oriented to charity or socially oriented uses, based more on ''ability'' to pay, while "pay what you want" is often more broadly oriented to perceived value in combination with willingness and ability to pay. Motivation Giving buyers the ability and freedom to decide what they are willing to pay for can be very successful, this eliminates the issues of conservative pricing. Buyers are attracted to the fact they are not obligated to pay a certain price for a product, this e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pricing Strategies
A business can use a variety of pricing strategies when selling a product (business), product or Service (economics), service. To determine the most effective pricing strategy for a company, senior executives need to first identify the company's pricing position, pricing segment, pricing capability and their competitive pricing reaction strategy. Pricing strategies and tactics vary from company to company, and also differ across countries, cultures, industries and over time, with the maturing of industries and markets and changes in wider economic conditions. Pricing strategies determine the price companies set for their products. The price can be set to maximize profitability for each unit sold or from the market overall. It can also be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market. Pricing strategies can bring both competitive advantages and disadvantages to its firm and often dictate the success or failure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Album Minus Band
''Album Minus Band'' is the debut full-length album from DIY collective Bomb the Music Industry! It was recorded by ex- Arrogant Sons of Bitches frontman, Jeff Rosenstock, in a bedroom. The album contains “Unlicensed cover songs. Unlicensed audio samples. Great times.” It is available for free download on the band's website, as well as on Quote Unquote Records’ website. The title of this record would go on to inspire the name of a fan-sourced tribute album entitled "Album Minus Jeff". It was released on vinyl for the first time in 2008 through Asbestos Records. In a 2015 interview Rosenstock said "This record was kind of terrifying to make, but it was also really honest. It's a really fucked up sounding, pure record from someone who doesn’t know how to use a thing, recording-wise. It got me out of whatever shitty path I was on had I not done this." Rosenstock continued: "I think this record is the spirit of the whole Bomb the Music Industry! thing. If you can't afford som ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quote Unquote Records
Quote Unquote Records is a donation-based online independent record label, founded and run by Bomb the Music Industry! and The Arrogant Sons of Bitches frontman Jeff Rosenstock. The label is an example of Rosenstock's DIY ideals. Many of the label's artists have personal connections, and all of the music released by the label is available as a free download from its website, along with an array of lyrics and photos. In fact, the label does not sell any material of any kind, and the website's headline bills the label as "The First Ever Donation Based Record Label". Rosenstock explains the modest success of Quote Unquote Records by stating, "The donations that come in are not huge, but since we don’t spend that much money they pile up." Most donations are more than the $5 suggestion. During October 2008, the Quote Unquote Records web site was shut down over alleged copyright infringement in publishing its own songs; however, the site was quickly restored. Artists *Antarct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bomb The Music Industry!
Bomb the Music Industry! (commonly abbreviated as Bomb or BtMI!) were an American punk rock musical collective from Baldwin, Nassau County, New York, United States, led by singer-songwriter, producer, and multi-instrumentalist Jeff Rosenstock. The band was known for their DIY punk ethic and commitment to accessibility. In addition to distributing their music via a pay what you want model, they primarily played affordable all-ages shows and established an accessible and collaborative environment for fans. Due to these factors, the collective has been referred to as "the Fugazi for the internet age of punk." While the group's structure remained loose throughout its history, with their roster varying significantly between performances, a core five-piece lineup gradually coalesced around Jeff Rosenstock, John DeDominici, Mike Costa, Tom Malinowski, and Matt Keegan, although they continued to be frequently joined by other collaborators. In 2012, the band announced an indefinite hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Arrogant Sons Of Bitches
The Arrogant Sons of Bitches (commonly abbreviated as ASOB) was a 6-piece ska punk band from Long Island and Baldwin, New York. The band was known for its strong DIY punk roots, self-releasing two albums and two EPs. Their final album, ''Three Cheers For Disappointment'', was released on Kill Normal Records. Frontman Jeff Rosenstock went on to found Quote Unquote Records, a donation-based record label, as well as the band Bomb the Music Industry! Other members went on to join Jay Tea, Hello Nurse, Let Me Crazy, and The Rocky Sullivans. History In 1995, Joe Werfelman and Jeff Rosenstock started playing Green Day cover songs together. More members gradually joined their band, and in 1998 they recorded their first album, Released on Breaking the Law Records and titled ''Built to Fail''. Following ''Built to Fail'', the band experienced some success and played with bands such as Edna's Goldfish, Catch 22, and The Toasters. In 2000 they released their second album, ''Pornocracy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeff Rosenstock
Jeffrey Ernest Rosenstock (born September 7, 1982) is an American musician, multi-instrumentalist, singer and songwriter from Long Island, New York. He is known for his former bands Bomb the Music Industry! and The Arrogant Sons of Bitches, as well as for his work as a solo artist and as a composer for ''Craig of the Creek''. He is the founder of Quote Unquote Records, the first Pay what you want, donation-based record label. Early life Jeff Rosenstock was raised in Baldwin, Nassau County, New York, Baldwin on New York's Long Island. He was born to a Jewish mother who worked as an art teacher and a German Catholic father who worked as a lawyer. Rosenstock identifies as Jewish. Career Rosenstock formed his first band, The Arrogant Sons of Bitches (ASOB) in 1995, when he and his friend Joe Werfelman chose not to attend a friend's funeral due to feelings of discomfort, spending the day playing Green Day covers instead. In the midst of ASOB's breakup in 2004, Rosenstock recorded a DIY ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
