Operations and business model
Ocean State Job Lot is a family-run privately-held business with the corporate headquarters and distribution center in North Kingstown, RI at Quonset Point.During its expansion, the company has revitalized numerous commercial spaces and shopping plazas throughout the Northeast by acquiring vacant properties once occupied by other retailers. OSJL's business model involves purchasing merchandise from manufacturers and other retailers in bulk and selling in smaller quantities to customers with the minimum operational and distribution costs. The merchandise selection consists of a variety of manufacturer's overruns, overstocks and packaging changes, as well as selected other products. The company is especially focused on buying and selling closeouts. It is also affiliated with the import and distribution company Yankee Trader, LLC.
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Business model
Pandora decided to be a consumer-oriented music discovery service, specifically a non-interactive radio station. In the three months that ended October 31, 2011, advertising comprised 88% of Pandora's total revenues; that was reported as 80% in December 2013. RPM (revenue per 1000s of hours) is determined based on CPMs (cost per thousand impressions). CPMs are largely dependent upon network effects and thus increase as a website scales and adds users. As such, Pandora's strategy in order to allow for widespread distribution was to offer a service unbundled from devices and transport. Pandora also works with system-on-chip manufacturers to embed its technologies on the chips they sell to consumer electronics manufacturers like Panasonic, Samsung, and Sony. Pandora's cost structure is highly variable, with content acquisition costs representing roughly 50% of total costs. There are three main costs associated with content acquisition. First, SoundExchange collects content fees on behalf of labels or artists on the recording themselves. These are by far the largest content acquisition costs. Second, Pandora pays licensing fees to agencies such as BMI, ASCAP, or SESAC in order to compensate composers, songwriters and publishers. Lastly, Pandora also pays TiVo Corporation for song and artist information; this has recently been structured as a flat monthly fee. High variable costs mean that Pandora does not have significant operating leverage, and in the next couple years might actually have negative operating leverage due to an unfavorable shift in product mix towards mobile. Pandora is currently estimated to monetize mobile hours at roughly one-ninth the rate of desktop hours. Since Pandora pays the same licensing cost per hour irrespective of the user's platform, the net contribution to earnings per mobile hour is even more skewed with respect to contribution to earnings from desktop hours. Mobile revenues will improve over time as Pandora shifts from relying on third-party ad networks to selling ad inventory internally at premium rates. In January 2011, Pandora met with investment banks to consider a possible $100 million IPO. The company filed with the SEC for a $100mm IPO on February 11, 2011 and officially began trading on the New York Stock Exchange with ticker symbol "P" on June 15, 2011 at a price of $16/share. This gave them a valuation of nearly $2.6 billion. Pandora announced $80.8 million in total revenue for their first quarter of fiscal 2012, which was up 58% over their previous year Q1 results. Of the $80.8 million, $70.6 million came from advertising, while the other $10.2 million came from subscription. In addition, Pandora has seen a 62% advertising revenue increase, and a 38% subscription revenue increase year-over-year. However, the vast majority of Pandora's users remain on the free, ad-supported model.
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Business Model
The company website indicates to readers that Credit Card Insider can receive a fee if a user is approved for a credit card that they applied for through the website. A resource for credit related information, Credit Card Insider does not recommend credit cards that are not believed to beneficial for consumers.
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Industrialization of services business model
The industrialization of services business model is a business model used in strategic management and services marketing that treats service provision as an industrial process, subject to industrial optimization procedures. It originated in the early 1970s, at a time when various quality control techniques were being successfully implemented on production assembly lines. Theodore Levitt (1972) argued that the reason the service sector suffered from inefficiency and wide variations in quality were that it was based on the craft model. Each service encounter was treated as an isolated event. He felt that service encounters could be systematized through planning, optimal processes, consistency, and capital intensive investments. This model was the foundation of the success of McDonald's and many other mass service providers in the 1970s, 1980s, and 1990s. Unfortunately, the application of assembly line techniques to service provision had several undesirable consequences. Employees found working under these conditions disempowering, resulting in low morale, high staff turnover, and reduced service quality. One of the most difficult aspects of this model for employees to deal with was the "smile incentives". Employees were instructed to put a smile on their face during the service encounter. This manufacturing and commercialization of apparent happiness has been criticised by many commentators, particularly Mundie (1987). Also many customers prefer the "personal touch". By the early 1990s most service providers turned their attention back to the human element and personalized their services. Employees were empowered to customize the service encounter to the individual characteristics of customers. Subsequently, scholars developed the service-profit-chain concept to understand how employees and customers interact to create value.
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You are got a coupon.":"Поздравляю! У вас есть купон.","Congratulations! You are got all coupons.":"Поздравляю! У вас все купоны.","Continue":"Продолжить","Continue Shopping":"продолжить покупки","Copy the code and use it directly in the shopping cart.":"Скопируйте код и используйте его прямо в корзину.","Country":"страна","Coupon code":"Код купона","Coupon List":"Список купонов","Date":"Свидание","days after receiving":"несколько дней после получения","Design customization":"Настройка дизайна","Do not use any discount":"Не используйте скидку","Earliest":"Ранний","Export successful":"Экспорт успешно","Export failed":"Экспорт не удался","email":"электронное письмо","email format does not match":"Формат электронной почты не совпадает","Estimated Delivery Time":"Срок доставки","Effective Order Count":"Эффективное количество порядок","Effective Sale Amount":"Эффективная сумма продажи","Expense":"Расход","expired":"истекший","export a report?":"экспортировать отчет?","Failed to upload files.":"Failed to upload files.","FAQ":"FAQ","Find Parts":"Найти детали","for order over":"для заказа","Free":"Бесплатно","Free Quote & Information Request":"Бесплатная цитата и информационный запрос","Free Shipping":"Бесплатная доставка","Get":"Получать","Get coupons":"Получить купоны","Get discount":"Получить скидку","Get it":"Возьми","Get it after logging in and use it in the shopping cart.":"Получите его после входа в систему и используйте его в корзине.","Go to Page":"Перейти к странице","Highest Price":"Самая высокая цена","home":"дома","Hot Sale":"Горячая распродажа","Income":"Доход","Incorrect form format":"Неправильная форма формата","inquiry":"расследование","join guide":"Присоединяйтесь к гиду","Last 30 days":"Последние 30 дней","Last 7 days":"Последние 7 дней","Links report":"Ссылки отчет","Loading":"Загрузка","Lowest Price":"Низшая цена","Match Product":"Матч продукт","Merchant Free Shipping":"Продавец бесплатная доставка","message":"сообщение","Most Popular":"Самый популярный","my account":"мой счет","my coupons":"Мои купоны","my inquiry":"Мой запрос","my orders":"мои заказы","my reviews":"Мои отзывы","my wishlist":"Мой список пожеланий","name":"имя","New Arrival":"Новое поступление","Newest":"Новейший","No Quotation":"Нет цитата","No time limit":"Нет ограничения по времени","Not deleted":"Не удален","not valid yet":"еще не допустим","Off":"Выключенный","Offers and Discounts":"Предложения и скидки","ok":"Ok","Only DOC,DOCX,PDF,PNG,JPEG and JPG files can be uploaded":"Файлы DOC, DOCX, PDF, PNG, JPEG и JPG могут быть загружены","optional":"необязательный","order notes":"заказывать замечания","Order over":"Заказываться","order id":"номер заказа","order status":"статус заказа","order amount":"сумма заказа","Orders Report":"Заказ отчет","Other":"Другой","Password contains at least numbers and letters length should be 6-20":"Пароль содержит, по крайней мере, цифры и длина букв должны составлять 6-20","Password is invalid":"Неправильный пароль","Password length should be 6-20":"Длина пароля должна быть 6-20","Paypal":"добыча","paypal payment":"платеж PayPal","Pending":"В ожидании","Pending Commission":"В ожидании комиссии","personal info":"личная информация","Please click ’click to continue’ to retry.":"Пожалуйста, нажмите «Нажмите, чтобы продолжить», чтобы повторить попытку.","Please contact customer service for cash withdrawal":"Пожалуйста, свяжитесь с обслуживанием клиентов для снятия денег","Please enter a valid email address":"Пожалуйста, введите действительный адрес электронной почты","Please enter the verification code":"Пожалуйста, введите код подтверждения","Please login in first":"Пожалуйста, войдите в первую очередь","Please select attribute":"Пожалуйста, выберите атрибут","Please select country/region":"Пожалуйста, выберите страну / регион","Please select superior":"Пожалуйста, выберите Лучший","Please select the number of ratings.":"Пожалуйста, выберите количество рейтингов.","Please select your country":"Пожалуйста, выберите вашу страну","Please upload the invoice file":"Пожалуйста, загрузите файл счета -фактуры","Processing":"Обработка","Product Name":"наименование товара","Please fill in the delivery address before selecting the payment method":"Пожалуйста, заполните адрес доставки перед выбором способа оплаты","promotion center":"Продвижение","Promotion Link Click Amount":"Ссылка на рекламу","Promoted link clicks":"Нажмите на продвижение ссылки","Promotion Order Count":"Подсчет заказа по продвижению","Promotion Reports":"Отчеты о продвижении","read more":"прочитайте больше","Received commission":"Получил комиссию","Refund":"Возврат","Refuse":"Мусор","Region":"Область, край","Register Success":"Регистрация успеха","Remittance":"Денежный перевод","Reviews":"Отзывы","reports":"Отчеты","Sale ends in":"Продажа заканчивается","Save in wishlist":"Сохранить в списке желаний","Search":"Поиск","swift code":"Свифтный код","Select how to share":"Выберите, как поделиться","Select premium items to increase your chances of making money":"Выберите товары премиум -класса, чтобы увеличить ваши шансы заработать деньги","Share items to your channels.when other purchase a from your link, you can get commission.":"Поделитесь предметами на свои каналы. Когда другая покупка по вашей ссылке вы можете получить комиссию.","Share Product":"Делиться продуктом","shipment successful":"Отгрузка успешен","Shipping":"перевозки","Shipping Address":"адреса доставки","Size guide":"Руководство по размеру","Small Text":"Маленький текст","Small Title":"Небольшой титул","Sort By":"Сортировать по","Sales Amount":"Объем продаж","State/Province/Territory":"Государство / провинция / Территория","Successfully delete":"Успешно удалить","Successfully save":"Успешно сохранить","Thank you for trying":"Спасибо за попытку","The account has been deactivated, please contact customer service to activate":"Учетная запись была деактивирована, пожалуйста, свяжитесь с обслуживанием клиентов, чтобы активировать","the content can not be blank":"Содержание не может быть пустым","The coupon code has been copied and used in the shopping cart.":"Код купона был скопирован и использован в корзине.","The file name cannot exceed 100 characters":"Имя файла не может превышать 100 символов","The file size cannot exceed 2MB":"Размер файла не может превышать 2 МБ","The number of withdrawals on the day has been capped":"Количество выводов в день было ограничено","The subscription is successful, thank you for your participation":"Подписка успешна, спасибо за ваше участие","The user center is out of service. Please contact customer service":"Пользовательский центр не работает. Пожалуйста, свяжитесь с обслуживанием клиентов","There is no amount to withdraw":"Нет суммы для ухода","There is no data to export":"Нет данных для экспорта","This is Text":"Это текст","This is title":"Это название","This transaction has failed.":"Эта транзакция не удалась.","Time to shop":"Время делать покупки","Tips":"Советы","To be commented":"Быть прокомментированным","Total":"Всего","Tutorial":"Руководство","This Supplier/Shipping Company does not deliver to your selected Country/Region.":"Эта поставщика/судоходная компания не доставляет в выбранную страну/регион.","Update password success":"Обновить пароль Успех","Upload Image":"Загрузить изображение","Upload up to 6 pictures":"Загрузить до 6 картинок","uploading":"Загрузка","used":"использовал","user center":"Центр пользователя","Upload Invoice":"Загрузите счет","valid now":"Действительно сейчас","Validity period":"Срок годности","View Cart & Checkout":"Просмотр корзины","views":"взгляды","Valid for":"Годен до","Welcome to the website":"Добро пожаловать на сайт","Western Union":"Вестерн Юнион","When your buyers received and confirmed orders, you can get commission right now!":"Когда ваши покупатели получили и подтвердили заказы, вы можете получить комиссию прямо сейчас!","Withdrawal":"Вывод","Withdrawal success":"Успех вывода","Withdrawal Method":"Метод отмены","Write a Review":"Написать рецензию","Withdrawal Amount":"Сумма снятия","Yes":"Да","Yesterday":"Вчерашний день","You are clicking too fast":"Вы слишком быстро нажимаете","You are got a coupon.":"У вас есть купон.","You can select a maximum of 90 days":"Вы можете выбрать максимум 90 дней","You can withdraw the commission to your Paypal account.":"Вы можете снять комиссию на свой счет PayPal.","You haven’t chosen an address yet":"Вы еще не выбрали адрес","You haven’t selected a product yet":"Вы еще не выбрали товар","Your rating":"Ваш рейтинг","Your review":"Ваш обзор","Your shipping address error":"Ошибка вашей доставки адреса"}}