| The 'Long Tail' of Microstock Photography |
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| Monday, 18 June 2007 | ||||||
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I've been averaging The theory of the Long Tail seems to have something to say to this phenomenon: Anderson argued that products that are in low demand or have low sales volume can collectively make up a market share that rivals or exceeds the relatively few current bestsellers and blockbusters, if the store or distribution channel is large enough. Anderson cites earlier research by Erik Brynjolfsson, Yu (Jeffrey) Hu, and Michael D. Smith, who first used a log-linear curve on an XY graph to describe the relationship between Amazon sales and Amazon sales ranking and found a large proportion of Amazon.com's book sales come from obscure books that are not available in brick-and-mortar stores. The Long Tail is a potential market and, as the examples illustrate, the distribution and sales channel opportunities created by the Internet often enable businesses to tap into that market successfully. (Wikipedia) Of course, the Long Tail and I have met before... Most of my blog traffic probably is in the long tail area of random Google hits on obscure old posts, since I'm so irregular about making time to update this site. But I guess that's fine with me for now. Someday, when my microstock monthly earnings increase enough, perhaps I'll write more regularly. *Edited after I did the actual calculation Related:
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