The Long Tail (book)
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The Long Tail: Why the Future of Business Is Selling Less of More is a book by
Concept
The book argues that products in low demand or that have a low sales volume can collectively build a better market share than their rivals, or exceed the relatively few current bestsellers and blockbusters, provided the store or distribution channel is large enough. The term
Criticism
The Long Tail began life in 2004 as an article for Wired after Mr. Anderson found himself blowing a pop quiz in the offices of a digital jukebox company called Ecast. He had badly underestimated what percentage of the 10,000 albums available on the company's Internet-connected jukeboxes had a track chosen at least once each quarter. The Ecast chief executive said that the figure was 98 percent. The average Wal-Mart, by contrast, carries 4,500 different CD's and the top 20 albums account for 90 percent of its music revenue. Mr. Anderson had hit on something. Remove the limitations of bricks-and-mortar retailers—like scarce shelf space, which leads companies to concentrate on the most popular products—and the infrequent sellers or undistributed merchandise suddenly start to acquire more value. ... This is not a new thought. The atomization of culture has been going on for years.
—Review by The New York Times[6]
References
- ^ The Long Tail: Why the Future of Business is Selling Less of More Hardcover – July 11, 2006
- ^ The Long Tail: Why the Future of Business is Selling Less of More by Chris Anderson (Goodreads Author)
- ^ "Award shortlist announced 2006". Financial Times. 18 September 2006. Retrieved 30 May 2012.
- ^ Quinion, Michael (24 December 2005). "Turns of Phrase: Long Tail". World Wide Words. Retrieved 25 December 2011.
- ^ Anderson, Chris. "The Long Tail" Wired, October 2004.
- ^ Manly, Lorne (August 10, 2006). "The Long Tail' Foresees a Marketplace of Pixel-Size Niches". New York Times. Retrieved 2015-05-13.