Author Topic: Long Tail - Economics question  (Read 1201 times)

Offline hamzamirza

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Long Tail - Economics question
« on: June 06, 2010, 10:48:22 pm »
Can someone please explain the term and concept of longtail to me ??? thanks. ;D ASAP

Offline Hwa1

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Re: Long Tail - Economics question
« Reply #1 on: June 06, 2010, 11:46:31 pm »
i have never ever heard of that term but i jst looked it up.
basically rather than mass production, its selling many many items but only having a few of each.
kinda like how amazon works.
products that are low in demand or have low sales volumes can collectively make up a market share that can be very high
« Last Edit: June 06, 2010, 11:52:12 pm by Hwa1 »

Offline pastyear

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Re: Long Tail - Economics question
« Reply #2 on: June 07, 2010, 02:50:06 am »
iS THIS IN THE SYLLABUS?
Which exam board? CIE?