Bryggen ( the dock ), also known as Tyskebryggen ( Norwegian: [ˈtʏ̀skəˌbrʏɡːn̩] , the German dock ), is a series of Hanseatic heritage commercial buildings lining up the eastern side of the Vågen harbour in the city of Bergen , Norway . Bryggen has been on the UNESCO list for World Cultural Heritage sites since 1979.
67-704: The city of Bergen was founded around 1070 within the boundaries of Tyskebryggen. Around 1350 a Kontor of the Hanseatic League was established there, and Tyskebryggen became the centre of the Hanseatic commercial activities in Norway. Today, Bryggen houses museums, shops, restaurants and pubs. Bergen was established before 1070 AD. In the Middle Ages , the Bryggen area encompassed all buildings between
134-537: A Roman merchant named Lun reached southern China in 226 CE. Archaeologists have recovered Roman objects dating from the period 27 BCE to 37 CE from excavation sites as far afield as the Kushan and Indus ports. The Romans sold purple and yellow dyes, brass and iron; they acquired incense , balsam , expensive liquid myrrh and spices from the Near East and India, fine silk from China and fine white marble destined for
201-598: A book called Merchants in Motion: the art of Vietnamese Street Vendors. Although merchant halls were known in antiquity, they fell into disuse and were not reinvented until Europe's Medieval period. During the 12th century, powerful guilds which controlled the way that trade was conducted were established and were often incorporated into the charters granted to market towns . By the 13th and 14th centuries, merchant guilds had acquired sufficient resources to erect guild halls in many major market towns. Many buildings have retained
268-529: A degree of legal autonomy. Most kontors were also enclaves. They were located, in London (the Steelyard ), Bruges ( Kontor of Bruges , later moved to Antwerp ), Bergen ( Bryggen ), and Novgorod ( Peterhof ). Smaller Hanseatic trading posts were called factorien , i.e., factories . The kontors were established as corporations or guilds of senior merchants from trade guilds. The main reason to found them
335-691: A diverse range of product types. These merchants were concentrated in the larger cities. They often provided high levels of credit financing for retail transactions. In the nineteenth century, merchants and merchant houses played a role in opening up China and the Pacific to Anglo-American trade interests. Note for example Jardine Matheson & Co. and the merchants of New South Wales . Other merchants profited from natural resources (the Hudson's Bay Company theoretically controlled much of North America, names like Rockefeller and Nobel dominated trade in oil in
402-691: A group of musical performers; and dream merchant , which refers to someone who peddles idealistic visionary scenarios. Broadly, merchants can be classified into two categories: However, the term 'merchant' is often used in a variety of specialised contexts such as in merchant banker , merchant navy or merchant services . Merchants have existed as long as humans have conducted business, trade or commerce. A merchant class operated in many pre-modern societies . Open-air, public markets, where merchants and traders congregated, functioned in ancient Babylonia and Assyria, China, Egypt, Greece, India, Persia, Phoenicia and Rome. These markets typically occupied
469-855: A large element of German immigrants. Bergen's kontor is on the UNESCO list of the World Cultural Heritage sites. The Hanseatic Warehouse in King's Lynn in Norfolk , actually a factory instead of a kontor, England survives, but was converted into offices in 1971. The word "kontor" spread via the Hanseatic League. The word kontor continues to mean "office" in the Scandinavian languages and in Estonian , as well as in
536-552: A lowly profession and it was often subject to legal discrimination or restrictions, although in a few areas its status began to improve. The modern era is generally understood to refer to period that started with the rise of consumer culture in seventeenth- and eighteenth-century Europe. As standards of living improved in the 17th century, consumers from a broad range of social backgrounds began to purchase goods that were in excess of basic necessities. An emergent middle class or bourgeoisie stimulated demand for luxury goods, and
603-646: A merchant's corporation ( universitas mercatorum ) and served to facilitate the Hanseatic League 's trade. They had their own treasury, seal, code of rules, legal power to enforce rules on residents and administration. They were usually also merchant enclaves; the Kontor of Bruges was an exception. Security was the primary reason for the formation of kontors, but kontors also played an important role in inspecting trade goods and diplomacy with local and regional authorities. Each kontor had its own unique kind of administration, although there were clear similarities between
670-578: A number of former Phoenician cities and colonies around the Mediterranean, such as Byblos (in present-day Lebanon ) and Carthage in North Africa. The social status of the merchant class varied across cultures; ranging from high status (the members even eventually achieving titles such as that of Merchant Prince or Nabob ) to low status, as in China , Greece and Roman cultures, owing to
737-428: A place in the town's centre. Surrounding the market, skilled artisans, such as metal-workers and leather workers, occupied premises in alley ways that led to the open market-place. These artisans may have sold wares directly from their premises, but also prepared goods for sale on market days. In ancient Greece markets operated within the agora (open space), and in ancient Rome in the forum . Rome's forums included
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#1732772322853804-483: A system of agents. Merchants specialised in financing, organisation and transport while agents were domiciled overseas and acted on behalf of a principal. These arrangements first appeared on the route from Italy to the Levant, but by the end of the thirteenth century merchant colonies could be found from Paris, London, Bruges, Seville, Barcelona and Montpellier. Over time these partnerships became more commonplace and led to
871-447: Is believed to be the first example of a merchant guild. The term, guild was first used for gilda mercatoria and referred to body of merchants operating out of St. Omer, France in the 11th century. Similarly, London's Hanse was formed in the 12th century. These guilds controlled the way that trade was to be conducted and codified rules governing the conditions of trade. Rules established by merchant guilds were often incorporated into
938-400: Is that it changed to 2 in the first half of the 15th century, and that after a change in 1476 two aldermen held the post alternately. Another view is that Bryggen had one alderman from the 15th century. The Peterhof had one. Alderman usually held their position for a term of a year. All resident and visiting Hanseatic traders fell under the authority of the kontor's administration. At
1005-823: The Forum Romanum , the Forum Boarium and Trajan's Forum . The Forum Boarium, one of a series of fora venalia or food markets, originated, as its name suggests, as a cattle market. Trajan's Forum was a vast expanse, comprising multiple buildings with shops on four levels. The Roman forum was arguably the earliest example of a permanent retail shop-front. In antiquity, exchange involved direct selling through permanent or semi-permanent retail premises such as stall-holders at market places or shop-keepers selling from their own premises or through door-to-door direct sales via merchants or peddlers . The nature of direct selling centred around transactional exchange, where
1072-514: The Hanseatic League was established in Bryggen. As the town developed into an important trading centre, the wharfs were improved and the buildings of Bryggen were gradually taken over by the Hanseatic merchants. The warehouses were used to store goods, particularly stockfish from northern Norway, and cereal from Europe . In 1702, the buildings belonging to the Hanseatic League were damaged by fire. They were rebuilt, and some of these were later demolished, and some were destroyed by fire. In 1754,
1139-546: The Mediterranean , becoming a major trading power by the 9th century BCE. Phoenician merchant traders imported and exported wood, textiles, glass and produce such as wine, oil, dried fruit and nuts. Their trading necessitated a network of colonies along the Mediterranean coast, stretching from modern-day Crete through to Tangiers (in present-day Morocco ) and northward to Sardinia . The Phoenicians not only traded in tangible goods, but were also instrumental in transporting
1206-698: The Peterhof in Novgorod the office of alderman was replaced by the hofknecht in the 15th century, after the Livonian towns gained authority over the Peterhof. The hofknecht was an appointee of the Livonian towns who was a permanent resident and could speak Russian. Aldermen were supported by the achteinen or Achtzehnmänner , officials that fulfilled special functions and had the authority to represent
1273-591: The 1530s. These included including Georg Giese of Danzig ; Hillebrant Wedigh of Cologne ; Dirk Tybis of Duisburg ; Hans of Antwerp , Hermann Wedigh, Johann Schwarzwald, Cyriacus Kale, Derich Born and Derick Berck. Paintings of groups of merchants, notably officers of the merchant guilds, also became subject matter for artists and documented the rise of important mercantile organisations. In 2022, Dutch photographer Loes Heerink spend hours on bridges in Hanoi to take pictures of Vietnamese street Merchants. She published
1340-494: The 15th century. Parts of Bryggen were again destroyed in a fire in 1955. A thirteen-year archaeological excavation followed, revealing the day-to-day runic inscriptions known as the Bryggen inscriptions . The Bryggen museum was built in 1976 on part of the site cleared by the fire. Bryggen was listed as a UNESCO World Heritage Site in 1979, by Criterion (iii): Bryggen bears the traces of social organization and illustrates
1407-537: The 17th century. They stood out in international trade due to their vast network – mostly built by Armenian migrants spread across Eurasia. Armenians had established prominent trade-relations with all big export players such as India, China, Persia, the Ottoman Empire, England, Venice, the Levant, etc. Soon they captured Eastern and Western Europe, Russia, the Levant, the Middle East, Central Asia, India, and
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#17327723228531474-477: The 18th century with governmental encouragement of nobles to invest in trade, and the lifting of old bans on nobles engaging in economic activities. As Britain continued colonial expansion , large commercial organisations came to provide a market for more sophisticated information about trading conditions in foreign lands. Daniel Defoe ( c. 1660–1731), a London merchant, published information on trade and economic resources of England, Scotland and India. Defoe
1541-469: The 21st century. Elizabeth Honig has argued that artists, especially the painters of Antwerp , developed a fascination with merchants from the mid-16th century. The wealthier merchants also had the means to commission artworks with the result that individual merchants and their families became important subject matter for artists. For instance, Hans Holbein the younger painted a series of portraits of Hanseatic merchants working out of London's Steelyard in
1608-467: The European medieval period , a rapid expansion in trade and commerce led to the rise of a wealthy and powerful merchant class . The European Age of Discovery opened up new trading routes and gave European consumers access to a much broader range of goods. By the 18th century, a new type of manufacturer-merchant had started to emerge and modern business practices were becoming evident. The status of
1675-548: The Far East trade routes, carrying out mostly caravan -trade activities. A significant reason for Armenians' massive involvement in international trade was their geographic location – the Armenian lands stand at the crossroads between Asia and Europe. Another reason was their religion, as they were a Christian nation isolated between Muslim Iran and Muslim Turkey. European Christians preferred to carry out trade with Christians in
1742-509: The Mediterranean; its fame travelled as far away as modern southern France. Other notable Roman merchants included Marcus Julius Alexander (16 – 44 CE), Sergius Orata (fl. c. 95 BCE) and Annius Plocamus (1st century CE). In the Roman world, local merchants served the needs of the wealthier landowners. While the local peasantry, who were generally poor, relied on open-air market places to buy and sell produce and wares, major producers such as
1809-632: The Middle English, marchant , which is derived from Anglo-Norman marchaunt , which itself originated from the Vulgar Latin mercatant or mercatans , formed from present participle of mercatare ('to trade, to traffic or to deal in'). The term refers to any type of reseller, but can also be used with a specific qualifier to suggest a person who deals in a given characteristic such as speed merchant , which refer to someone who enjoys fast driving; noise merchant , which refers to
1876-469: The Roman wholesale market from Arabia. For Roman consumers, the purchase of goods from the East was a symbol of social prestige . Medieval England and Europe witnessed a rapid expansion in trade and the rise of a wealthy and powerful merchant class. Blintiff has investigated the early Medieval networks of market towns and suggests that by the 12th century there was an upsurge in the number of market towns and
1943-509: The Romans did not consider the activities of merchants "respectable". In the ancient cities of the Middle East, where the bazaar was the city's focal point and heartbeat, merchants who worked in bazaar enjoyed high social status and formed part of local elites. In Medieval Western Europe, the Christian church, which closely associated merchants' activities with the sin of usury , criticised
2010-581: The US and in the Russian Empire), while still others made fortunes from exploiting new inventions – selling space on and commodities carried by railways and steamships. In fully planned economies of the 20th century, planners replaced merchants in organising the distribution of goods and services . However, merchants, increasingly labelled with euphemisms such as "industrialists", "businessmen", "entrepreneurs" or "oligarchs" , continue their activities in
2077-404: The act of shopping came to be seen as a pleasurable pastime or form of entertainment. 16th century Spanish and 17th century English nobles had been enticed into participating in trade by the profitability of colonial expeditions. In the 17th century, members of the nobility in many European countries like France or Spain still disliked engaging in merchant activities, but such attitudes changed in
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2144-481: The area is St Mary's Church . Streets include Jacobsfjorden. Museums include Bryggens Museum and Hanseatic Museum and Schøtstuene . Kontor A kontor (also Kontor ) ( English: / k ɒ n ˈ t ɔːr / ) was a major foreign trading post of the Hanseatic League . Kontors were legal entities established in a foreign city (ie. a city that did not belong to the Hanseatic League), with
2211-586: The authority of the kontor leadership, trade, taxes, duties, rights and contact with natives and outsiders. Most kontor buildings have not survived, only Bergen's kontor , known as Bryggen in Norway , and the Oosterlingenhuis in Bruges have survived until the present day. The Hanseatic kontor at Bryggen was closed in 1754 and replaced by a "Norwegian kontor", run by Norwegian citizens, but still with
2278-428: The average outpost. The typical Hanseatic outpost, also called factory, had a representative merchant and a warehouse ; many did not operate all year. These are not considered kontors in the literature but popular discussions are often confused. Kontor is Middle Low German . It comes from French comptoir , from Latin computāre "calculate, compute". The kontors were legal entities established as
2345-604: The charters granted to market towns . In the early 12th century, a confederation of merchant guilds, formed out the German cities of Lübeck and Hamburg, known as "The Hanseatic League " came to dominate trade around the Baltic Sea . By the 13th and 14th centuries, merchant guilds had sufficient resources to have erected guild halls in many major market towns. During the thirteenth century, European businesses became more permanent and were able to maintain sedentary merchants and
2412-617: The current word for "office" in Russian is usually о́фис ( ofis ). This European history –related article is a stub . You can help Misplaced Pages by expanding it . Merchant A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Merchants have been known for as long as humans have engaged in trade and commerce. Merchants and merchant networks operated in ancient Babylonia , Assyria , China , Egypt , Greece , India , Persia , Phoenicia and Rome . During
2479-402: The development of large trading companies. These developments also triggered innovations such as double-entry book-keeping, commercial accountancy, international banking including access to lines of credit, marine insurance and commercial courier services. These developments are sometimes known as the commercial revolution. Luca Clerici has made a detailed study of Vicenza's food market during
2546-747: The eighteenth century, a new type of manufacturer-merchant was emerging and modern business practices were becoming evident. Many merchants held showcases of goods in their private homes for the benefit of wealthier clients. Samuel Pepys , for example, writing in 1660, describes being invited to the home of a retailer to view a wooden jack. McKendrick, Brewer and Plumb found extensive evidence of eighteenth-century English entrepreneurs and merchants using "modern" marketing techniques, including product differentiation , sales promotion and loss-leader pricing. English industrialists, Josiah Wedgewood (1730–1795) and Matthew Boulton (1728–1809), are often portrayed as pioneers of modern mass-marketing methods. Wedgewood
2613-460: The emergence of merchant circuits as traders bulked up surpluses from smaller regional, different day markets and resold them at the larger centralised market towns. Peddlers or itinerant merchants filled any gaps in the distribution system. From the 11th century, the Crusades helped to open up new trade routes in the Near East, while the adventurer and merchant, Marco Polo stimulated interest in
2680-575: The far East in the 13th century. Medieval merchants began to trade in exotic goods imported from distant shores including spices, wine, food, furs, fine cloth (notably silk), glass, jewellery and many other luxury goods . Market towns began to spread across the landscape during the medieval period. Merchant guilds began to form during the Medieval period. A fraternity formed by the merchants of Tiel in Gelderland (in present-day Netherlands) in 1020
2747-460: The fine cloth imports while the Hanseatic League controlled most of the trade in the Baltic Sea. A detailed study of European trade between the thirteenth and fifteenth century demonstrates that the European age of discovery acted as a major driver of change. In 1600, goods travelled relatively short distances: grain 5–10 miles; cattle 40–70 miles; wool and wollen cloth 20–40 miles. However, in
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2814-412: The floor of his atrium were decorated with images of amphorae bearing his personal brand and inscribed with quality claims. One of the inscriptions on the mosaic amphora reads "G(ari) F(los) SCO[m]/ SCAURI/ EX OFFI[ci]/NA SCAU/RI" which translates as "The flower of garum, made of the mackerel, a product of Scaurus, from the shop of Scaurus". Scaurus' fish sauce had a reputation for very high quality across
2881-439: The goods were on open display, allowing buyers to evaluate quality directly through visual inspection. Relationships between merchant and consumer were minimal often playing into public concerns about the quality of produce. The Phoenicians became well known amongst contemporaries as "traders in purple" – a reference to their monopoly over the purple dye extracted from the murex shell. The Phoenicians plied their ships across
2948-505: The great estates were sufficiently attractive for merchants to call directly at their farm-gates. The very wealthy landowners managed their own distribution, which may have involved exporting. Markets were also important centres of social life, and merchants helped to spread news and gossip. The nature of export markets in antiquity is well documented in ancient sources and in archaeological case-studies. Both Greek and Roman merchants engaged in long-distance trade. A Chinese text records that
3015-515: The highest level of exchange, they transferred a more outward-looking mindset and system of values to their commercial-exchange transactions, and also helped to disseminate a more global awareness to broader society and therefore acted as agents of change for local society. Successful, open-minded cosmopolitan merchants began to acquire a more esteemed social position within the political elites. They were often sought as advisors for high-level political agents. The English nabobs belong to this era. By
3082-546: The kontor when needed. They usually numbered eighteen, but in Bruges their number was later lowered to nine. The kontors of Bruges, London and Bergen got a new secretarial position in the middle of the 15th century, the clerk. A clerk had gone to university to study law and was highly literate in Latin and in difficult legal literature. His duties were to provide the aldermen with legal advice and to manage correspondence. The clerk
3149-430: The kontors. Aldermen ( oldermenn , hovetlude or procuratores ) formed the internal legal authority and a representative to the rest of the Hanseatic League and to local authorities. The numbers of aldermen varied. The kontor of Bruges had first six and later three aldermen, and the Steelyard had one Hanseatic alderman and one English alderman. It is assumed that Bryggen had 6 aldermen at first. One view about Bryggen
3216-507: The merchant class, strongly influencing attitudes towards them. In Greco-Roman society, merchants typically did not have high social status, though they may have enjoyed great wealth. Umbricius Scauras, for example, was a manufacturer and trader of garum in Pompeii, circa 35 C.E. His villa, situated in one of the wealthier districts of Pompeii, was very large and ornately decorated in a show of substantial personal wealth. Mosaic patterns in
3283-487: The merchant has varied during different periods of history and among different societies. In modern times, the term merchant has occasionally been used to refer to a businessperson or someone undertaking activities (commercial or industrial) for the purpose of generating profit, cash flow, sales, and revenue using a combination of human, financial, intellectual and physical capital with a view to fueling economic development and growth. The English term, merchant comes from
3350-636: The mid 14th century the League subordinated all trading posts including the Kontors to the Diet's decisions, and the kontors' envoys also received the right to attend and speak at Diets but they lacked voting power. Kontors had their own code of regulations each, applied in. The statutes were written in Middle Low German and recited to the trader community once a year. They regulated matters like
3417-634: The nobility. This trading system supported various levels of pochteca – from very high status merchants through to minor traders who acted as a type of peddler to fill in gaps in the distribution system. The Spanish conquerors commented on the impressive nature of the local and regional markets in the 15th century. The Mexica ( Aztec ) market of Tlatelolco was the largest in all the Americas and said to be superior to those in Europe. In much of Renaissance Europe and even after, merchant trade remained seen as
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#17327723228533484-650: The northwestern parts of Germany (where the word Büro is the common name) that used to be Danish, all the way to Altona , once built next to the rich Hansestadt Hamburg as the Danish trading competitor, while kantoor is used in Dutch . Probably from Dutch, and quite possibly thanks to Peter the Great , the word, as конто́ра ( kontora ), is also one term for "office" or "bureau" in Russian and Ukrainian , though
3551-508: The operations of the office at Bryggen ended, when all the properties were transferred to Norwegian citizens. Throughout history, Bergen has experienced many fires, since most of its houses were traditionally made from wood. This was also the case for Bryggen, and as of today around a quarter were built after 1702, when the older wharfside warehouses and administrative buildings burned down. The rest predominantly consists of younger structures, although there are some stone cellars that date back to
3618-401: The presumed distastefulness of profiting from "mere" trade rather than from labor or the labor of others as in agriculture and craftsmanship . The Romans defined merchants or traders in a very narrow sense. Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants. Being a landowner was a "respectable" occupation. On the other hand,
3685-491: The region. Eighteenth-century merchants who traded in foreign markets developed a network of relationships which crossed national boundaries, religious affiliations, family ties, and gender. The historian, Vannneste, has argued that a new " cosmopolitan merchant mentality" based on trust, reciprocity and a culture of communal support developed and helped to unify the early modern world. Given that these cosmopolitan merchants were embedded within their societies and participated in
3752-424: The sake of the publicity and kudos generated. Both Wedgewood and Boulton staged expansive showcases of their wares in their private residences or in rented halls. Eighteenth-century American merchants, who had been operating as importers and exporters, began to specialise in either wholesale or retail roles. They tended not to specialise in particular types of merchandise, often trading as general merchants, selling
3819-510: The sea and the Stretet ( Øvregaten ) road, from Holmen in the north to Vågsbunnen in the south. According to the Sagas , the city was founded within this area. One of the earliest pier constructions has been dated to around 1100, and the existing buildings are of a much later date, with only Schøtstuene and some buildings towards Julehuset being originals from 1702. Around 1350, a Kontor of
3886-431: The sixteenth century. He found that there were many different types of merchants operating out of the markets. For example, in the dairy trade, cheese and butter was sold by the members of two craft guilds (i.e., cheesemongers who were shopkeepers) and that of the so-called ‘resellers’ (hucksters selling a wide range of foodstuffs), and by other sellers who were not enrolled in any guild. Cheesemongers’ shops were situated at
3953-595: The town hall and were very lucrative. Resellers and direct sellers increased the number of sellers, thus increasing competition, to the benefit of consumers. Direct sellers, who brought produce from the surrounding countryside, sold their wares through the central market place and priced their goods at considerably lower rates than cheesemongers. From 1300 through to the 1800s a large number of European chartered and merchant companies were established to exploit international trading opportunities. The Company of Merchant Adventurers of London , chartered in 1407, controlled most of
4020-524: The trappings of culture. The Phoenicians' extensive trade networks necessitated considerable book-keeping and correspondence. In around 1500 BCE, the Phoenicians developed a script which was much easier to learn than the pictographic systems used in ancient Egypt and Mesopotamia. Phoenician traders and merchants were largely responsible for spreading their alphabet around the region. Phoenician inscriptions have been found in archaeological sites at
4087-469: The use of space in a quarter of Hanseatic merchants that dates back to the 14th century. It is a type of northern "fondaco", unequalled in the world, where the structures have remained within the cityscape and perpetuate the memory of one of the oldest large trading ports of Northern Europe. Notable houses at Bryggen include Bellgården (a 300-year-old building), Svensgården, Enhjørningsgården, Bredsgården, Bugården, Engelgården. The oldest and tallest building in
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#17327723228534154-622: The years following the opening up of Asia and the discovery of the New World, goods were imported from very long distances: calico cloth from India, porcelain, silk and tea from China, spices from India and South-East Asia and tobacco, sugar, rum and coffee from the New World. In Mesoamerica, a tiered system of traders developed independently. The local markets, where people purchased their daily needs were known as tianguis while pochteca referred to long-distance, professional merchants traders who obtained rare goods and luxury items desired by
4221-543: Was a prolific pamphleteer. His many publications include titles devoted to trade, including: Trade of Britain Stated (1707); Trade of Scotland with France (1713); The Trade to India Critically and Calmly Considered (1720) and A Plan of the English Commerce (1731); all pamphlets that became highly popular with contemporary merchants and business houses. Armenians operated as a prominent trade nation during
4288-420: Was able to generate higher overall profits. Similarly, one of Wedgewood's contemporaries, Matthew Boulton, pioneered early mass-production techniques and product differentiation at his Soho Manufactory in the 1760s. He also practiced planned obsolescence and understood the importance of " celebrity marketing " – that is supplying the nobility, often at prices below cost – and of obtaining royal patronage , for
4355-605: Was an attractive and influential position that could be held for several years. The clerks increased the kontor's professionalisation. In Novgorod a priest performed secretarial duties. He was appointed alternately by one of two Hanseatic cities. The kontors in London and Bruges were reformed into Drittel (thirds) in the 14th century, where the trader community was divided into three thirds based on geographic origin for administrative representation and finances. The thirds were organised differently in London and Bruges. In
4422-494: Was known to have used marketing techniques such as direct mail , travelling salesmen and catalogues in the eighteenth century. Wedgewood also carried out serious investigations into the fixed and variable costs of production and recognised that increased production would lead to lower unit-costs. He also inferred that selling at lower prices would lead to higher demand and recognised the value of achieving scale economies in production. By cutting costs and lowering prices, Wedgewood
4489-587: Was security. The Peterhof in Novgorod was founded first, in the early 13th century, the kontor of Bruges and Bryggen in Bergen were founded last. They were subordinated to the decisions of the Hansetag (Hanseatic diet) in the mid 14th century. In addition to the kontore , there were less important trading posts. The vitten at the Scanian herring fairs were not as important as the kontors but more significant than
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