GEMMType of site | Private |
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Founded | 1994; 30 years ago (1994) |
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Dissolved | 2015; 9 years ago (2015) |
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Headquarters | , |
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Key people | Roger Raffee, CEO/COO |
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Industry | Music trading |
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The Global Electronic Music Marketplace (GEMM) was an online music trading website established in 1994.[1] It was founded by CEO/COO Roger Raffee and Jim Hall, and based in La Jolla, California , United States .[2][3] Most of the items traded on the site were used CDs and LPs.[4][5] As of February 2016 the site is defunct.
Between 1996 and 2001, GEMM was the largest online music marketplace, with a sales and revenue yearly growth rate of 100% and 11 employees.[1] By 2002, the site's inventory had grown from 250,000 to 16 million items.[1][2] Similarly to trading sites such as eBay, GEMM included a five-star vendor rating system based on buyer feedback, as well as advanced search features and custom user want-lists.[6]
See also
References
- ↑ 1.0 1.1 1.2 Robinson, Matthew S. (September 29, 2001). "Collector's Portal Gemm Draws Retailers, Loyalty". Billboard 113 (39): 48. https://books.google.co.uk/books?id=wRMEAAAAMBAJ&pg=RA1-PA48.
- ↑ 2.0 2.1 Garrity, Brian; Benz, Matthew; Christian, Ed (September 29, 2001). "Concerns Rise Over High Retail Profile of Used CDs". Billboard 113 (39): 82. https://books.google.co.uk/books?id=-hAEAAAAMBAJ&pg=PA82.
- ↑ Lieb, Kristin (July 27, 1996). "GEMM Offers Retail Motherlode Online". Billboard 108 (30): 73. https://books.google.co.uk/books?id=xAcEAAAAMBAJ&pg=PA73.
- ↑ Wick, Robert L. (1997). Electronic and Computer Music: An Annotated Bibliography. Westport, CT: Greenwood Press. p. 164.
- ↑ Katz, Linda S. (2003). Acquisition in Different and Special Subject Areas. New York, NY: Routledge. p. 11. https://books.google.co.uk/books?id=kWbfAQAAQBAJ&pg=PA11.
- ↑ Fling, Robert Michael; Munstedt, Peter Alan (2004). Library Acquisition of Music. Oxford, UK: Scarecrow Press. p. 146. https://books.google.co.uk/books?id=_n_5Vl-mgX4C.