The Long Tail: Why the Future of Business Is Selling Less of More
by
Chris Anderson (Goodreads Author)
We think Chris Anderson is onto something big with 'The Long Tail', a groundbreaking look at a well-known feature of statistical distribution and its potential to revolutionize business. 'Wired' magazine editor Anderson expands his influential 2004 article into a comprehensive exploration of this phenomenon -- which, simply stated, holds that products with low demand or sa...more
Hardcover, 226 pages
Published
July 11th 2006
by Hyperion
(first published January 2006)
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Interesting Tidbits
- Three forces need to create the long tail:
1. democratize production: give average people the ability to create quality content (movies, music, blogs)
2. democratize distribution: technology to aggregate *all* the content in a genre (Amazon, Netflix, iTunes)
3. Connect Supply and Demand: filters to help people find the niche's they are interested in (Google, recommendations, best-seller lists)
- One quarter of Amazon's sales come from books outside its top 100,000 titles. T...more
- Three forces need to create the long tail:
1. democratize production: give average people the ability to create quality content (movies, music, blogs)
2. democratize distribution: technology to aggregate *all* the content in a genre (Amazon, Netflix, iTunes)
3. Connect Supply and Demand: filters to help people find the niche's they are interested in (Google, recommendations, best-seller lists)
- One quarter of Amazon's sales come from books outside its top 100,000 titles. T...more
This book is an exploration of how niche markets are on the rise courtesy of better distribution. And that's a gross summary. Much discussion is given to the rise of the digital world and how it's expanded the marketplace so that there can be a Long Tail Distribution (for you statistics nerds out there)--- beyond the major hits, you can continue to sell (for example) less popular items, and lots of them. There are markets within markets.
A very conversationally written book, by the editor of Wire...more
A very conversationally written book, by the editor of Wire...more
I heard a clip on this book on NPR back in August and have had wanted to read this book for sometime. When I first heard about this book, we were having a conflict with one of our e-commerce customers. There SKU base kept growing and my boss kept saying they did not control their inventory. Well, here is proof positive that they did know what they were doing. The book is written by an editor of Wired magazine. The basic premise is that with infinite variety and reduced (and in many cases zero) d...more
One of the most interesting non-fiction books I've ever read. Sort of a combination of economics, technology, and culture. Anderson presents compelling arguments and data to identify, examine and extrapolate on a clear inflection point in the macro environment today. Tools of production are more readily available (think desktop publishing, blogging, and digital video), distribution is cheaper and more widely available (think Netflix, iTunes or Amazon v bricks-n-mortar), and a wide range of recom...more
This book or I should say comic is actually very witty, smart, and out there. From Anime to Youtube, Chris Anderson really captures everyone as an audience to show The Long Tail. Business is usually not the most interesting of topics and is difficult to express thoughts and ideas too but putting it in a comic format really did help me as a reader to see what he is talking about. I'm really glad I read this, it really opened my eyes towards the world of entertainment. I'm very glad I won this boo...more
I first heard about the idea of the Long Tail on my first day at Google, back in
2005. Four years later, I borrowed the book from work, out of curiosity. The
shorter commute and new friends on the train mean less time for reading, so this
one might take me a bit to get through.
I like the three requisites for capitalizing on a long tail market:
Democratize the means of production to generate a lot of content.
Means of distribution that are essentially free make that content available to everyone....more
2005. Four years later, I borrowed the book from work, out of curiosity. The
shorter commute and new friends on the train mean less time for reading, so this
one might take me a bit to get through.
I like the three requisites for capitalizing on a long tail market:
Democratize the means of production to generate a lot of content.
Means of distribution that are essentially free make that content available to everyone....more
I first heard about the idea of the Long Tail on my first day at Google, back in
2005. Four years later, I borrowed the book from work, out of curiosity. The
shorter commute and new friends on the train mean less time for reading, so this
one might take me a bit to get through.
I like the three requisites for capitalizing on a long tail market:
Democratize the means of production to generate a lot of content.
Means of distribution that are essentially free make that content available to everyone....more
2005. Four years later, I borrowed the book from work, out of curiosity. The
shorter commute and new friends on the train mean less time for reading, so this
one might take me a bit to get through.
I like the three requisites for capitalizing on a long tail market:
Democratize the means of production to generate a lot of content.
Means of distribution that are essentially free make that content available to everyone....more
Feb 05, 2009
Bookmarks Magazine
added it
In The Long Tail, Chris Anderson offers a visionary look at the future of business and common culture. The long-tail phenomenon, he argues, will "re-shape our understanding of what people actually want to watch" (or read, etc.). While Anderson presents a fascinating idea backed by thoughtful (if repetitive) analysis, many critics questioned just how greatly the niche market will rework our common popular culture. Anderson convinced most reviewers in his discussion of Internet media sales, but hi
...more
This is one of the best distillations of the trends in business and culture that the Internet has given rise to in the last 15 years. Anderson's basic thesis is that the instantaneous transmission of ideas and thoughts that the Internet allows has given rise to powerful niche cultures that are becoming as lucrative and pervasive as that which we would call mainstream culture. Music and books have been the most obvious beneficiaries of this, but any culture or product can find an audience on the...more
For decades, the marketplace revolved around strong demand and limited supply. This dynamic translated into the mass experience and the big hit. The long tail - that part of the graph line after the big hit spike, was uneconomical and difficult to pursue. Due to the realities of production and distribution, keeping niche products around was uneconomical.
Well, those days are gone.
Production is much cheaper and there's more supply. New models of distribution (as in one big national Internet store)...more
Well, those days are gone.
Production is much cheaper and there's more supply. New models of distribution (as in one big national Internet store)...more
Oct 25, 2012
Kislay Verma
added it
From my review at SolomonSays:
The recurring theme in modern business literature is “power to the people”. Chris Anderson takes a hard look at what really happens when the technology provides nearly infinite efficiency to sellers and DIY tools to makers. The conclusion – more is merrier. For everyone.
The Long Tail begins with its biggest “Gotcha!” moment – a statistic that even with their vastly expanded inventories, online retailers are selling something of everything they have. The quantities d...more
The recurring theme in modern business literature is “power to the people”. Chris Anderson takes a hard look at what really happens when the technology provides nearly infinite efficiency to sellers and DIY tools to makers. The conclusion – more is merrier. For everyone.
The Long Tail begins with its biggest “Gotcha!” moment – a statistic that even with their vastly expanded inventories, online retailers are selling something of everything they have. The quantities d...more
Got the comic version of this first, and enjoyed it enough to get the actual book.
Very interesting, deals with the idea that the internet has done away with the system of hits, and opened up a huge market of niches. That even if iTunes only sells one or two of each of the millions of tracks in its inventory per month or even year, that is still a huge number. Stores were previously restricted by physical space and could only carry a small number of books, records, what have you, and ones that th...more
Very interesting, deals with the idea that the internet has done away with the system of hits, and opened up a huge market of niches. That even if iTunes only sells one or two of each of the millions of tracks in its inventory per month or even year, that is still a huge number. Stores were previously restricted by physical space and could only carry a small number of books, records, what have you, and ones that th...more
Ok so I'd wanted to read this book for a while since it kept coming up in related searches on Amazon and Goodreads, so when I saw a second-hand copy I bought it. In this book, Anderson explores the Long Tail, a concept drawn from economics that features powerlaws and Pareto's 80-20 theory of distribution to analyse how the presence of internet based technologies are revolutionizing sales, entertainment and other forms of consumption in a choice-abundant world. He provides evidence from internet-...more
Jun 12, 2011
John-Philip
rated it
4 of 5 stars
·
review of another edition
Shelves:
paper-books-i-own,
economics
When this was written, back in 2006, I can imagine it being highly interesting. Today I don't think most people would raise an eyebrow as the concept is so common: digital distribution is so cheap you can have an almost infinite amount of products in your catalog. So many in fact that even if you only sell one copy of each one the total sales from these "long tale products" adds up to a considerable increase inrevenuefor the company. Still it's very interesting. He still has some valid points th...more
Chris Anderson's thesis -- market niches are taking over for mainstream cultural hits -- has been quickly reaching a crescendo since this book was published in 2006. Through this book and his blog by the same title, Anderson, editor of Wired, writes and explains the history of mass-market consumption in the 20th century and the seismic shift to personal consumption in the 21st century with ease. His thoughts and conclusions are hard to refute. To get a glimpse as to why the newspaper industry is...more
Let me start by saying something outrageous but heartfelt: I have never read a book on economics as inspiring as The Long Tail. But don't get me wrong - I'm not saying this book is in the league of those paradigm-shifting masterpieces such as Relativity and On the Origin of Species; I mean this book really makes me look more deeply into the potential power of the Internet. The Long Tail does not describe new economics; rather it describes (and predicts) how the Internet affects (and will affect)...more
Jan 12, 2011
Jill
rated it
4 of 5 stars
·
review of another edition
Shelves:
sociology-anthropology,
economics-and-finance
The central idea in Chris Anderson's The Long Tail is that the future of business isn't in the mainstream hits that, by virtue of their catering to the lowest common denominator, generate a large volume of business. Rather, the infinite "long tail" of options that cater to niche tastes represent a huge market cumulatively. Improvements in technology - to store, search and deliver - have created new business opportunities by driving demand down this long tail.
Like Nicholas Nassim Taleb's Black S...more
Like Nicholas Nassim Taleb's Black S...more
I'm a fan of Chris Anderson, author of The Long Tail--even though, to my knowledge, he's never gotten a penny of my money. I read occasional issues of Wired magazine, where he's editor in chief, when I see it on the magazine rack in our office library. I downloaded his super-interesting Free as an ebook when he was giving it away, for free. And while I've been talking with coworkers and other publishing industry people for years about Anderson's ideas in The Long Tail (c. 2006), I didn't actuall...more
Chris Anderson proposes that due to the declining reliance on physical retail stores and warehouses money will be made in the future as much from niche products as hits. As evidence he points to music and books where selling a narrow sliver of hits among tens of thousands of misses kept retailers in business until Rhapsody and Amazon found that there is perhaps an additional 50% additional market selling onesy-twosy to people with very uncommon interests. These retail changes mesh with larger so...more
The Long Tail adalah penjelasan PALUGADA (Apa Loe Mau Gue Ada) Internet. Disajikan dalam bentuk komik, penjelasan mengenai konsep ini jadi mudah dipahami. Produk2 box office bersaing dengan produk2 tidak terkenal yang berjumlah tak terbatas. Hasilnya adalah keseimbangan pasar. Pilihan yang tidak terbatas menciptakan permintaan tak terbatas. Apa yang menyebabkan hal ini? 1. demokratisasi sarana produksi (siapa saja bisa menjadi penulis/artis); 2. demokratisasi distribusi (siapa saja bisa mendistr...more
This book is a graphic novel adaptation of Chris Anderson's already acclaimed business book, The Long Tail. The book carefully explains the concept of the long tail, breaking down the history and projecting the future of commerce on the web. Anderson does a great job explaining the benefit and challenge to the consumer, the aggregator, and the producer.
Chris Anderson does not promise a get-rich-quick future for content producers, but instead reveals the rise in opportunity for grass-roots hits....more
Chris Anderson does not promise a get-rich-quick future for content producers, but instead reveals the rise in opportunity for grass-roots hits....more
Review:
Summary:
The Internet has ended the economics of scarcity by cheaply enabling the distribution and acquisition of niche items.
Example:
Read:
The Wired article, and then just Chapter 15: The long tail of marketing from this book.
Improvements:
Wish Anderson talked about differentiating between long tail-industries and non-long tail-industries, and how to boost long tails when there should be one but there isn't. Also, what a world would be like in which everything is long tail.
Notes:
Introductio...more
Summary:
The Internet has ended the economics of scarcity by cheaply enabling the distribution and acquisition of niche items.
Example:
Read:
The Wired article, and then just Chapter 15: The long tail of marketing from this book.
Improvements:
Wish Anderson talked about differentiating between long tail-industries and non-long tail-industries, and how to boost long tails when there should be one but there isn't. Also, what a world would be like in which everything is long tail.
Notes:
Introductio...more
For decades, the marketplace revolved around strong demand and limited supply. This dynamic translated into the mass experience and the big hit. The long tail - that part of the graph line after the big hit spike, was uneconomical and difficult to pursue. Due to the realities of production and distribution, keeping niche products around was uneconomical.
Well, those days are gone.
Production is much cheaper and there's more supply. New models of distribution (as in one big national Internet store)...more
Well, those days are gone.
Production is much cheaper and there's more supply. New models of distribution (as in one big national Internet store)...more
Jan 20, 2012
Henk-Jan van der Klis
rated it
3 of 5 stars
·
review of another edition
Shelves:
marketing,
e-business
Ik kon er natuurlijk niet omheen Chris Anderson's The Long Tail zelf ook te lezen. De in het boek beschreven inzichten maken duidelijk waarom ondernemingen als Google, Lego, Amazon en iTunes zo'n succes zijn, en waarom bijvoorbeeld de gevestigde muziek- en filmindustrie zo'n moeite heeft met de 21e eeuw. In het tijdperk van de Long Tail zijn er 6 thema's:[return][return] 1. in bijna alle markten zijn er veel meer nichegoederen dan hits. Het verhoudingsgetal wordt snel hoger als de productiegoede...more
May 05, 2009
Daniel Solera
rated it
5 of 5 stars
·
review of another edition
Shelves:
business-economics
Chris Anderson's book can be summarized by saying that the consumer retail market these days is driven more by a bottom-up movement (what he calls "post-filters") than by top-down factors ("pre-filters"). The idea can also be synthesized by saying that "hits" are no longer as big as they once were because they now compete with individuals with louder voices.
For example, during its most popular seasons, "I Love Lucy" was watched by 70 percent of households with televisions. That kind of homogeniz...more
For example, during its most popular seasons, "I Love Lucy" was watched by 70 percent of households with televisions. That kind of homogeniz...more
Chris Anderson is an editor-in-chief of the Wired magazine, and the eponymous article 'The Long Tail' appeared in that magazine a couple of years ago. This has been one of the most influential and read articles about the 'new economy', and rightfully so. In a few succinct principles it describes and explains the essential aspect of the several new successful business models, including Google, Amazon, eBay, Netflix, to name just a few. The basic mechanisms behind the model, however, have been aro...more
I thought this was an excellent book because it was about exactly the kind of thing I'm interested in, especially in terms of the type of industry I'd like to be in. Anderson writes in a way that makes the information interesting to even those that may not be quite as excited about the book as I was going in. I think it would make an very good and very appropriate book for a business/technology college course.
That said, I do agree with some of the other reviewers that it gets somewhat repetitive...more
That said, I do agree with some of the other reviewers that it gets somewhat repetitive...more
Recommended by John Sutherland in _How Literature Works_ as providing a solution for dealing with information overload. I was a little surprised to find myself reading a book about marketing but the combination of an interesting concept and light tone (plus many many hours of subway riding) kept me reading through to the last page. Said interesting concept got much less interesting as the book wore on and I found myself reading more to see where Anderson would finally slip up and say, 'Okay, I a...more
Jan 29, 2013
Heather Browning
rated it
5 of 5 stars
·
review of another edition
Shelves:
non-fiction
I wouldn't have considered myself particularly interested in economics, or whatever this book falls under exactly, but I loved it. My only complaint may be that, given how simple the main point was, that the rest of the book felt somewhat like filler - examples and clarifications. However, I never found myself bored, the examples were all interesting and the writing style was clear and conversational. I found myself encouraged to 'surf the long tail' and start looking for more niche products/ser...more
This book is hands down one of the most fascinating and enlightening books about the emerging new business model I've ever read. It's written by the editor of Wired magazine, and he also has a blog, both of which I recommend as well.
The general idea of The Long Tail is that there is a lot more business to be done past the point where traditional business models cut off the tail for sales and services, especially in the age of the internet. Long tail business models mean more variety for consumer...more
The general idea of The Long Tail is that there is a lot more business to be done past the point where traditional business models cut off the tail for sales and services, especially in the age of the internet. Long tail business models mean more variety for consumer...more
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Chris Anderson was named in April 2007 to the "Time 100," the newsmagazine's list of the 100 men and women whose power, talent or moral example is transforming the world. He is Editor-in-Chief of Wired magazine, a position he took in 2001, and he has led the magazine to six National Magazine Award nominations, winning the prestigious top prize for General Excellence in 2005 and 2007. He is the aut...more
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“as Joe Kraue, CEA of JotSpot ... puts it, "Up until now, the focus has been on dozens of markets of millions, instead of millions of markets of dozens.”
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Thanks for the tip. We use Google Analytics for analyzing keywords, which works pretty well. Hadn't heard of Hit Tail, but sounds interesting...more
Oct 12, 2007 03:50pm