Gratis

Gratis /ˈɡrɑːtᵻs/ or /ˈɡreɪtᵻs/ is the quality of an action where the action is willingly provided without any requirement by the provider for compensation or monetary remuneration. It is often referred to in English and Dutch as free of charge (FOC), complimentary, or on the house. Companies, producers, and service providers often provide certain things free of charge as part of a larger business model, pricing strategy, or as a donation.

Etymology

The English term gratis has its origins in late Middle English; from Latin. A contraction of gratiis, meaning 'as a kindness' or 'a show of goodwill', which in turn stems from the root gratia meaning 'grace' or 'kindness'. It is widely used in the Afrikaans, Slovakia, Czech, Hungarian, Croatian, Serbian, Polish, French, Dutch, Spanish, Italian, Portuguese, Romanian, Indonesian, Swedish, Norwegian, Danish, German and some of the other Germanic languages, with the same meaning.

Marketing

In a standard business model where goods and services are exchanged for a monetary compensation, pricing of the goods is a fundamental element of the marketing process. While it would defeat the business model if companies provide all of their goods and services free of charge, it is common for them to provide limited amount of free goods in their promotional mix. Many companies often provide free samples to the press in order to generate media coverage for their products. Depending on the product, companies may provide free samples to prospective buyers.

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DJ Khaled

Khaled Mohamed Khaled (born November 26, 1975), better known by his stage name DJ Khaled, is an American record producer, radio personality, DJ and record label executive. He used to go by the name Arab Attack, but changed it after the 9/11 attacks, as he didn't want to appear insensitive. He is a radio host for the Miami-based urban music radio station WEDR and the DJ for the hip hop group Terror Squad. In 2006, Khaled released his debut album Listennn... the Album. He went on to release We the Best (2007), We Global (2008), Victory (2010), We the Best Forever (2011), Kiss the Ring (2012) and Suffering from Success (2013). In 2009, Khaled became the president of record label Def Jam South and he is also the CEO and founder of We the Best Music Group. He hosts the weeknight program TakeOver on Miami-based urban music radio station WEDR with fellow host K. Foxx; Khaled states that he has worked for the station professionally since 2003. In 1998, Khaled worked as a DJ for M Luther Campbell for Campbell's Friday night WEDR radio show The Luke Show.

New York

New York is a state in the Northeastern United States and is the United States' 27th-most extensive, fourth-most populous, and seventh-most densely populated state. New York is bordered by New Jersey and Pennsylvania to the south and Connecticut, Massachusetts, and Vermont to the east. The state has a maritime border in the Atlantic Ocean with Rhode Island, east of Long Island, as well as an international border with the Canadian provinces of Quebec to the north and Ontario to the west and north. The state of New York, with an estimated 19.8 million residents in 2015, is often referred to as New York State to distinguish it from New York City, the state's most populous city and its economic hub.

With an estimated population of nearly 8.5 million in 2014, New York City is the most populous city in the United States and the premier gateway for legal immigration to the United States. The New York City Metropolitan Area is one of the most populous urban agglomerations in the world. New York City is a global city, exerting a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment, its fast pace defining the term New York minute. The home of the United Nations Headquarters, New York City is an important center for international diplomacy and has been described as the cultural and financial capital of the world, as well as the world's most economically powerful city. New York City makes up over 40% of the population of New York State. Two-thirds of the state's population lives in the New York City Metropolitan Area, and nearly 40% live on Long Island. Both the state and New York City were named for the 17th century Duke of York, future King James II of England. The next four most populous cities in the state are Buffalo, Rochester, Yonkers, and Syracuse, while the state capital is Albany.

Free People

Free People is an American bohemian apparel and lifestyle retail company that sells women’s clothing, accessories, shoes, intimates, and swimwear. Headquartered in Philadelphia, Free People is a part of Urban Outfitters, Inc.. The brand is distributed globally via direct channels, including the Free People Global site and Free People UK site, as well as specialty clothing boutiques, top department stores, and the brand’s free standing retail locations in the U.S., Canada and Japan.

History

In the early 1970s, Dick Hayne opened a store in Philadelphia, Pennsylvania with his first wife, Judy Wicks, and named it Free People. His store attracted the young people who lived and shopped in the area. When his store’s popularity grew, he opened a second store and he changed its name from Free People to Urban Outfitters.

Urban Outfitters’ business began to grow rapidly. Dick’s wife, Meg, oversaw the development of Urban Outfitters’ private label division, which supported product exclusive to Urban Outfitters. This proved to be quite successful, so in 1984 they decided to create a wholesale line, which they ultimately named “Free People.” The brand was sold in department stores and small boutiques across the country.