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Sep 21, 2006 1:00 pm |
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Marketing in a long tail mode |
Tejas Lagad
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We have all been too used to the 80-20 rule. Most of our books, strategies, theories are based on being able to make the most of the 20% of customers that bring in 80% of business.
The Long Tail theory is quite a disruption. It says the total area in the tail of a bell curve is greater than that near the peak, simply because the tail is long.
It seems both Amazon.com and Netflix.com earn a larger percentage of their profits from relatively obscure, niche books and movies than from rentals and purchases of best sellers and blockbusters.
I would like to invite your thoughts on how this shifts the marketing paradigms. How do we position and sell to the long tail audience... or do we need to?Private Reply to Tejas Lagad (new win) |
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