The long tail pdf summary chris anderson 12min blog. In his response, debating the long tail, chris anderson certainly makes a valid point about the need to look at the longtail phenomenon both in a relative and an absolute sense. How technology is turning mass markets into millions of niches. The long tail is what chris anderson calls the effect of aggregating vast numbers of like items and graphing them as hits and niches in such a way that the chart looks like a reverse hockey. Chris anderson is editorinchief of wired magazine, a position hes held since 2001. Interview with chris anderson, author of the long tail. The long tail was popularized by chris anderson in an october 2004 wired magazine article, in which he mentioned, apple and yahoo. To sell something, it first has to be accessible to those, whod like to buy it. In this latest version of the long tail, chris anderson does an exceptional job explaining how the endless shelf space of the internet, when applied to commerce or culture, makes the niche marketing of almost any product, service or idea so efficient and effective its disruptive forces lay waste to many given economic ideas and. In this latest version of the long tail, chris anderson does an exceptional job explaining how the endless shelf space of the internet, when applied to commerce or culture, makes the niche marketing of almost any product, service or idea so efficient and effective its disruptive forces lay waste to many given economic ideas and generations of long held cultural norms.
Why the future of business is selling less of more. Chris anderson, then the editor of wired, explores the four key stages of any viable technology. However, he didnt give the headsup to most of last centurys traditional megabrands and retailers that they might also participate and accelerate their growth by implementing the theory. Combine enough nonhits on the long tail and youve got a market bigger. The long tail chris anderson download mp3 audiobook. Jul 08, 2008 in this latest version of the long tail, chris anderson does an exceptional job explaining how the endless shelf space of the internet, when applied to commerce or culture, makes the niche marketing of almost any product, service or idea so efficient and effective its disruptive forces lay waste to many given economic ideas and. With great anticipation, i preordered chris andersons the long tail two months ago. The main characters of this business, non fiction story are. The long tail theory took shape in an article by chris anderson, editor of wired magazine, which grew into the 2006 book the long tail.
Now, in this eagerly anticipated book, he takes a closer look at the new economics of the internet age, showing where business is going and exploring the huge opportunities that exist. Topics include the weird world of internet distribution and production, how the sears catalog of the 1890s was the predecessor to amazon books in the 1990s. Two years later, he publishes the eponymous book, where he elaborates his theory. Oct 02, 2016 okay, so there is a long tail of niche products, but in order for those to be profitable, the tail has to also be fat, i. This was the thrill of the long tailit seemed to offer a way for art and commerce to thrive sideby. In the long tail, chris anderson offers a visionary look at the future of business and common culture.
Actually, it is the culmination of a series of business innovations that date back more than a hundred years. This passage from the long tail, pretty much sums it all up. Chris anderson, editorinchief of wired, noted that. Wired editor and author chris anderson explains his theory of the long tail. Anderson argued that products in low demand or with low sales volume can collectively make up a market share. The long tail theory can be reality for traditional megabrands. Definition of the long tail in the idioms dictionary. A decade has passed since chris anderson wrote the long tail.
Why chris andersons long tail theory might be all wrong. The long tail by chris anderson books the guardian. I received it last week and have read it through fairly quickly. In his response, debating the long tail, chris anderson certainly makes a valid point about the need to look at the long tail phenomenon both in a relative and an absolute sense. He thinks online retailing portends dramatic changes in our culture and economy, all good. Why the future of business is selling less of more is a book by chris anderson, editor in chief of wired magazine.
In the past a record store would have had a stock of maybe 10,000 titles, of which around 100 sell really good. If you want a bluray player or a new car, youre pretty much stuck with what big companies like sony and gm have to offer. The term was popularized by author chris anderson in 2004. In his groundbreaking work, the long tail, chris anderson says that theres money to be made in the long tail of niche offerings. Its difficult to know the user intent behind head keywords, but much easier when a user inputs a longer variation of any search term.
Download it once and read it on your kindle device, pc. Chris anderson wrote the long tail and also works for conde nast as editorinchief of wired magazine. The theory for online music was that a lot more artists. He embraces the long tail concept with the fervor of a visionary. Chris anderson first explored the long tail in an article in wired magazine that has become one of the most influential business essays of our time. Nov 23, 2017 in october 2004, chris anderson, editor in chief of wired magazine, published an article titled the long tail.
Why the future of business is selling less of more pdf epub book. While the hits are the head of the curve, the niche products, with lower demand, represent the long tail, the tail of the curve. I enjoyed the book as it was much more of a social commentary than a business manual. He describes how a large media company might engage audiences taking into. Download it once and read it on your kindle device, pc, phones or tablets. Why the future of business is selling less or more, chris anderson. Although i dont agree with many of the conclusions in their paper like some other academics, they got confused over definitions of head and tail and fell into the common trap of doing percentage analysis in an absolute numbers world, the data was interesting. The long tail resonated with me as a reader, a writer and a former. Chris andersons free adds much to the long tail, but. Jul, 2008 anderson argued that serving our niche interests could also make for booming web businesses.
Russ roberts talks with chris anderson of wired magazine about the ideas in his new book, the long tail. He embraces the longtail concept with the fervor of a visionary. Like what were now starting to see, as online retailers begin to capitalize on their extraordinary economic efficiences, is the shape of a massive mountain of. Chris anderson is a britishamerican writer and editor most notably known for his work at wired magazine. A former writer for the economist, chris anderson was the editorinchief of wired magazine until 02012, when he left to help run 3d robotics, a manufacturing startup. Anderson argued that products in low demand or with low sales volume can collectively make up a. This was the thrill of the long tailit seemed to offer a. Everyone has heard about chris andersons article, book, and blog, the long tail. In 2004, anderson coined the phrase long tail after writing about the concept in wired. The book was published in multiple languages including english, consists of 288 pages and is available in paperback format.
In october 2004, chris anderson, editor in chief of wired magazine, published an article titled the long tail. If you havent, you dont live on this planet not that theres anything wrong with that. According to chris anderson, there is a demand curve established in any sector. Chris andersons free adds much to the long tail, but falls short this article is more than 10 years old. The book was listed in the new york times nonfiction best sellers list. The term long tail is also generally used in statistics, often applied in relation to wealth distributions or vocabulary use. The long tail phenomenon, he argues, will reshape our understanding of what people actually want to watch or read, etc. A team at wharton did some long tail analysis on the netflix ratings data the company released for its netflix prize. Jul 21, 2006 chris andersons the long tail does something that only the best books douncovers a phenomenon thats undeniably going on and makes clear sense of it.
The book was initially published on july 11, 2006, by hyperion. The phrase the long tail was first coined by chris anderson in a 2004 article in wired magazine 1 to describe certain business and economic models such as or netflix. Okay, so there is a long tail of niche products, but in order for those to be profitable, the tail has to also be fat, i. Why the future of business is selling more for less, and his theory is being proven as. Chris anderson born 1961 is editorinchief of wired, which has won a national magazine award for general excellence three times during his tenure. For the first time in history, archives have a business model. Use features like bookmarks, note taking and highlighting while reading the long tail. Jan 08, 2009 the new edition of chris anderson s wellpublicised book the long tail has the subtitle why the future of business is selling less of more. It was shortlisted for the financial times and goldman sachs business book of the year award on 18 september 2006. This talk was presented at an official ted conference, and was featured by our editors on the home page. Chris andersons free adds much to the long tail, but falls short. Its called the long tail because if you look at demand on a chart, there is high demand for a small number of hits or blockbusters, but the demand for niche offerings tails off in a long flat curve hence the term long tail.
The long tail takes its title from those millions of niche buyers who show up on sales graphs as a tail whose spending patterns do not. Likewise, on the supply side, the internet provides a parallel level of accessibility to an unlimited array of vendors and their productsservices. The long tail, in business, is a phrase coined by chris anderson in 2004. First, the underlying principle of the long tail is that our culture and economy are increasingly shifting away from just a small number of its at the head of the demand curve and. The long tail theory predicates that the internet has spawned an unlimited number of retail sites that are quickly, easily and cheaply accessible to consumers. The long tail is based on the theory that the longer the tail, the more you will sell. When you think about it, most successful internet businesses are capitalizing on the long tail in one way or another. Anderson argued that serving our niche interests could also make for booming web businesses. Quotes by chris anderson quotes at your dictionary. In 2002 and 2004, he led the magazine to a 2002 national magazine. Why the future of business is selling less of more kindle edition by anderson, chris.
The expression was popularised by chris anderson, a former journalist at the economist and editor of wired magazine, in his book the long tail. Aug 07, 2006 russ roberts talks with chris anderson of wired magazine about the ideas in his new book, the long tail. First, the underlying principle of the long tail is that our culture and economy are increasingly shifting away from just a small number of. Dec 11, 2009 a team at wharton did some long tail analysis on the netflix ratings data the company released for its netflix prize.
Topics include the weird world of internet distribution and production, how the sears catalog of the 1890s was the predecessor to amazon books in the 1990s, the economics of choice and the role of filters, and the challenges of wrapping. Abundant shelf space, abundant distribution, abundant choice. The long tail of innumerable tinysellers is populated by old hits as well as new and old niche items. Given the earlier discussion it might be very easy to assume that the long tail is an internet phenomenon. The long tail the extensive, online, sustained reach of smaller, lowvolume specialized products is now wagging the big dog of blockbuster hits in news, music, literature and film. The long tail is a wellpresented, wellresearched book describing the democratization of the means of producing and distributing goods and information. Chris andersons the long tail does something that only the best books douncovers a phenomenon thats undeniably going on and makes clear sense of it. How endless choice is creating unlimited demand kindle edition by anderson, chris. And this is where what chris anderson calls aggregators come in. The book, anderson s first, is an expansion of his 2004 article the long tail in the magazine. Chris anderson, editorinchief of wired, quoted that. May 31, 2016 a decade has passed since chris anderson wrote the long tail. Our business stands to profit more if we focus on the long tail and try to meet the needs of a more specific market.
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