Saturday, 11 March 2017

Long Tail Theory

Graphs


Notes

Long Tail Theory - Chris Anderson, 2006
  •  About sales of a product over time
  • Highest point of a chart: very popular, all at once
    > e.g - TV Dr Who Christmas episode
  • Slope: popularity decreases over time
    > goes down to a few purchases in a month / 1 view
  • Online stores can make more money out of small volume sales of the millions of individual niche products, than out of their higher volume sales of a much smaller number of mainstream products.
  • Online digital stores (e.g - iTunes) can stock millions of tracks on their servers. They can provide both mainstream products and a huge number of obscure/niche products.
    > Cater for the long tail of the market as well as mainstream
David Gauntlett
  •  "Web 2.0 allows us to become producers as well as consumers of the internet."
  • "Web 2.0 allows us to collaborate and participate with each other."
    > CCP - Creativity, Collaboration, Participation

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