252:. Roberts was able to arrange deals in which cable companies received investment stakes in QVC in exchange for carrying the channel. Fifty-eight cable systems in twenty states signed on for the 7:30 pm to 12:00 midnight broadcast, giving it an audience of 7.6 million TV homes for its November 24 launch. Publicly offered at $ 10 on September 5, 1986, QVC stock closed its first trading day at $ 20 per share, even though its first broadcast was months away.
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was the dominant player in the industry with HSN second and QVC a distant third. Through the backing of cable operators, QVC launched a hostile takeover of CVN and wound up buying it out, only to take CVN off the air and replace it with QVC programming. QVC emerged as HSN's only serious competitor,
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Segel demanded that the presenters sell by informing, not pressuring the viewers about the product. This meant that presenters would have to study each product, explain the many benefits of the product, and know the product's sales history in order to make the sell more informative and entertaining.
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aka NSTL in 1983. The company published several monthly newsletters including "Software Digest". The publications were often subscribed by IT departments of major corporations, as a basis to evaluate and consider products for their company. PC Hardware and software publishers often contracted the
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In 1964, Segel took note of two concurrent events – the passing of
General Douglas MacArthur and people lining up at banks to buy up the last U.S. silver dollars. In response, he founded the National Commemorative Society, which introduced a monthly series of limited edition, sterling silver
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commemorative coin-like medals honoring events and heroes in
American history, starting with a medal commemorating General Douglas MacArthur. Later that year, dissatisfied with the quality of the coin-medals produced by a subcontractor, he recruited
212:, chaired a national conference on the United Nations for the American Society of Newspapers Editors and testified in support of the United Nations before the U.S. Senate Foreign Relations Committee. In 1986 he wrote an article in
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came on board. Today QVC employs a total of over 10,000 people, and did around $ 8.6 billion in business in fiscal year 2013, making it the second highest-grossing
American television network, surpassed in revenue only by CBS.
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in 1965, shortly after going public. The
Franklin Mint quickly expanded to produce not only coin-like medals and casino tokens, but other collectibles, including car models, luxury board-game editions, and porcelain dolls.
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and, unlike the Home
Shopping Network, established that customers could purchase at any time, with no last minute price cuts, and no high pressure tactics. From 1986 to 1989 the Plymouth-based
240:. Immediately, he identified many potential improvements, from the items offered for sale to their presentation. To lend credibility to the new company, QVC made a two-year deal to sell
405:"2002 Electronic Retailing Association Awards Honor Best & Brightest in DRTV, Electronic Retailing, Advertising and Sales; The FIRM Exercise Videos Win Infomercial of the Year"
151:", his first significant business. A first in the industry, it published a centralized directory of promotional materials and their suppliers, the Advertising Specialty Register.
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company to perform compatibility and performance tests. NSTL passed through a series of owners, including publisher McGraw-Hill, before being acquired by
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147:. In 1951 he received a Bachelor of Science degree in Economics. As a graduate student, he taught introductory marketing classes while running the "
104:'s Hall of Fame in 1993. He was honored with a Lifetime Achievement Award from the Electronic Retailing Association and an honorary doctorate from
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In 1971, Segel was elected chairman of the Board of
Governors of the United Nations Association of the USA. Two years later, President
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88:(January 9, 1931 – December 21, 2019) was an American entrepreneur. He was the founder of over 20 American companies, most notably
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Joseph Segel retired from QVC in 1993 upon Diller's hire, but remained involved in the network until 2013 in an advisory role.
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out of hundreds of copycats, even though it was on the verge of collapse in the early 1990s until
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family, Segel, at the age of 13, started a successful printing business. At 16, he entered the
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The Most
Influential Wharton Alumni and Faculty in the Wharton School's 125-year history
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The Most
Influential Wharton Alumni and Faculty in the Wharton School's 125-year history
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621:"Memorandum from Mike George, President and CEO of QVC, Inc. to Employees of QVC, Inc"
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2008 - GoBYO.com - online restaurant database focusing on BYOB-friendly restaurants.
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1997 - International
Skincare Research, Inc. – Le Mirador skincare products for QVC.
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1965 - Britannia
Commemorative Society, Inc. -- producer of commemorative medals.
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1975 - Presidential Airways, Inc. -- private jet and helicopter charter service.
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1964 - National Commemorative Society, Inc. -- producer of commemorative medals.
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1960 - National Business Services, Inc. -- consolidation of last 3 businesses.
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1977 - RateSearch Corporation—computerized air freight rate analysis service.
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1964 - The Franklin Mint (initially called General Numismatics Corporation).
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in 1977. In 2005, the Harvard Business School published their selection of
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1983 - National Software Testing Laboratories, Inc. -- PC software testing.
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1970 - Le Mirador, S.A. -- Swiss resort hotel, spa and conference center.
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1954 - Selective Gift Institute, Inc. -- business gift selection service.
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products. He raised over $ 20 million in capital, including support from
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1962 - Jordan-Edwards Co., Inc. -- pocket appointment and record books.
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The Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People
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1949 - Desk-Sign Manufacturing Co., Inc. -- personalized desk signs.
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1961 - Gem Publishing Co., Inc. – books featuring humorous sayings.
127:. Segel was one of only 10 people who was on both of these lists.
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1947 - Eastern Advertising Co., Inc. -- advertising specialties.
236:("Quality Value Convenience") after watching a videotape of the
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appointed him as a member of the U.S. Delegation to that year's
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Segel retired as chairman of Franklin Mint Corporation in 1973.
688:"Joseph Segel, Founder of the QVC Shopping Network, Dies at 88"
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1981 - PermaColor Corporation—systems to preserve color photos.
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707:"Joe Segel, founder of QVC and the Franklin Mint, dies at 88"
521:"Testing, testing: NSTL does it again... and again and again"
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1953 - Colorcrafters, Inc. -- pioneer in full-color printing.
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1983 - Software Digest, Inc. -- PC software rating reports.
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1950 - Magicard Co., Inc. -- promotional mailing pieces.
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1997 - SmokeStoppers, Inc. – smoking cessation programs
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The Greatest Business Leaders of the Twentieth Century
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The Greatest Business Leaders of the Twentieth Century
281:
Segel died on December 21, 2019, at the age of 88 in
381:"THE MEDIA BUSINESS: ADVERTISING -- ADDENDA; Honors"
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1986 - QVC Network, Inc. – televised home shopping.
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542:"Intertek Acquires National Software Testing Labs"
642:"Big IPO Runups of 1975-2021, as of July 1, 2021"
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407:. Business Wire. October 17, 2002. Archived from
141:Wharton School of the University of Pennsylvania
307:—promotional products trade information center.
204:. He also organized a national campaign of the
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92:, an American television network, and the
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686:Seelye, Katharine Q. (25 December 2019).
572:"Nazi Charge Against Waldheim Is Unjust"
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208:to improve public understanding of the
493:20th Century American Leaders Database
177:National Software Testing Laboratories
171:National Software Testing Laboratories
666:"QVC founder Joseph Segel dies at 88"
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824:20th-century American businesspeople
804:American television company founders
799:American technology company founders
789:American technology chief executives
736:Home Shopping History: HSN & QVC
220:'s recently discovered service as a
705:Sharrow, Ryan (21 December 2019).
224:intelligence officer during WWII.
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285:, from congestive heart failure.
248:, the founder and chairperson of
16:American entrepreneur (1931–2019)
809:Businesspeople from Philadelphia
784:American retail chief executives
774:American computer businesspeople
232:In 1986, Segel decided to start
216:in defense of Secretary-General
305:Advertising Specialty Institute
198:United Nations General Assembly
149:Advertising Specialty Institute
519:Rotenberg, Carl (2001-10-08).
379:Elliott, Stuart (1993-06-30).
1:
711:Philadelphia Business Journal
664:Andone, Dakin (2019-12-22).
570:Segel, Joseph (1986-03-12).
548:. 2007-09-19. Archived from
102:Direct Marketing Association
619:George, Mike (2013-10-10).
461:Wharton Alumni Association
96:, a producer of mail-order
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829:21st-century American Jews
794:20th-century American Jews
779:American mass media owners
640:Ritter, Jay (2021-07-01).
430:Honorary Degree Recipients
491:Harvard Business School,
447:Harvard Business School,
113:Philip H. Ward, Jr. Medal
100:. Segel was named to the
200:, where he served under
283:Gladwyne, Pennsylvania
117:The Franklin Institute
819:Wharton School alumni
411:on September 23, 2008
238:Home Shopping Network
596:"History of QVC Inc"
68:, Pennsylvania, U.S.
428:Drexel University,
262:Cable Value Network
206:Advertising Council
111:He was awarded the
750:(an autobiography)
746:2019-12-23 at the
692:The New York Times
576:The New York Times
523:. The Times Herald
501:2007-10-29 at the
435:2007-06-08 at the
385:The New York Times
289:Businesses started
214:The New York Times
175:Segel founded the
86:Joseph Myron Segel
106:Drexel University
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58:December 21, 2019
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98:collectibles
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78:Entrepreneur
60:(2019-12-21)
47:Pennsylvania
43:Philadelphia
23:Joseph Segel
769:2019 deaths
764:1931 births
716:21 December
194:Gerald Ford
814:QVC people
758:Categories
672:2019-12-22
650:2021-07-14
626:2021-07-14
605:2021-07-14
581:2014-07-02
556:2019-12-22
527:2020-01-01
415:2007-10-10
390:2017-08-31
366:References
135:Born to a
131:Early life
74:Occupation
35:1931-01-09
258:hard sell
222:Wehrmacht
184:in 2007.
744:Archived
499:Archived
433:Archived
182:Intertek
66:Gladwyne
303:1950 -
250:Comcast
137:Jewish
49:, U.S.
668:. CNN
645:(PDF)
546:PRWeb
479:p. 83
277:Death
242:Sears
115:from
718:2019
55:Died
29:Born
234:QVC
228:QVC
143:in
90:QVC
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