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Doubts Multiply About the "Long Tail"

fruey sends in a New Scientist analysis of the many second thoughts about the Long Tail theory. It summarizes four studies that show, in different markets, that the tail is both flatter and thinner than originally supposed, and that blockbusters are not going away in those markets — they are getting bigger. It's theorized that widely used collaborative filtering software is magnifying the winners' share of the various pies, and peer influence is a large contributor to consumer behavior.

194 comments

  1. Multiply? by SimonTheSoundMan · · Score: 1, Funny

    Just how do you quantify "doubts"? LOL

    One person had a doubt, then a second, therefore it multiplied by a factor of two.

    1. Re:Multiply? by Anonymous Coward · · Score: 1, Funny

      It's more along the lines of 'When a mommy doubt and a daddy love each other very much...' multiplication.

    2. Re:Multiply? by badasscat · · Score: 1

      One person had a doubt, then a second, therefore it multiplied by a factor of two.

      Or nobody had any doubt, and it multiplied by infinity. Which means it's still zero.

      Dumb headline, dumb summary too - the theory is about the tail being long, not thick or tall.

  2. I, for one, am not part of the long tail.. by Finallyjoined!!! · · Score: 1, Interesting

    I stopped buying CDs when the music companies started sueing their own customers.

    So I'm not even part of the fat root :-)

    --
    If I had an Ass, I'd call it Fanny Bottom, then I could slap my Ass; Fanny Bottom, on the Arse.
    1. Re:I, for one, am not part of the long tail.. by clam666 · · Score: 4, Insightful

      I stopped buying CDs when the music companies started sueing their own customers.

      You too? I thought I was the only one. I rarely bought music in the past, then downloaded a few songs which I would never have paid for but just wanted to hear. Then the RIAA started with their crap and I stopped listening to it all. There's nothing like being blamed for their crappy product. I mean, have the major labels actually put out that much good music in the last 10 years to even download? It seems like the bar has gotten awfully low.

      As far as the "long tail" theory, I'm surprised that it was accepted that much at the time. Anderson sounded like the he had the same kind of glazed eye look about the future of the internet as the Web 2.0/Social networking people do when you talk to them.

      Do people fundamentally change when they have more than one option to choose? I would have guessed rarely. Just because people have more choices does not mean they make statistically random choices. People have far greater psychological issues about what they choose and why they choose them than just availability. People like to be on the bandwagon and choose what their friends do, they like to choose things they've heard of and feel safe about, what's been recently marketed to them, comfort foods vs. healthy foods, etc.

      Although we are all unique individuals following the herd, we by-and-large make the same choices about things, with a little bit of variance thrown in to keep it interesting. Raise your hand if you've never eaten at a McDonalds or drank a Coke before.

      The internet may offer a wide variety of things in theory, but in reality it is businesses trying to offer customers the products that will give them the best ROI, and that means you'll make more money off the herd than a few outsiders demanding obscure products and services.

      It makes sense to push items that the herd wants to buy. It makes sense to push the same things the other players are pushing and focus on better volume marketing, rather than pushing obscure things that a relatively few want and spending more money on targetted advertising.

      The consumer follows the same approach as others, otherwise Walmart would not have been able to be in the position it's in.

      --
      I'm a satanic clam.
    2. Re:I, for one, am not part of the long tail.. by Klaus_1250 · · Score: 1

      Too bad the article only focuses on legal downloads and such. I'm pretty sure that the long tail effect does exists, just not in the paid download market.

      --
      It only takes one man to change the Wisdom of the Crowd to Tyranny of the Masses.
    3. Re:I, for one, am not part of the long tail.. by poetmatt · · Score: 1

      I must say, it's quite an accomplishment that for a product that would normally have steady demand to have the whole recording industry crying foul at the same time, and doing horribly. It's like the RIAA doesn't want to actually make money or something.

    4. Re:I, for one, am not part of the long tail.. by D+Ninja · · Score: 5, Interesting

      I mean, have the major labels actually put out that much good music in the last 10 years to even download? It seems like the bar has gotten awfully low.

      Possibly. Or maybe you've just aged and your tastes have changed as they've become more refined (a nice way of saying you've become pickier). That sort of makes sense since you, being older now, are not the RIAA's primary target market (which tends to be in the teens, younger 20s, etc). Additionally, being older, you're also not as impressionable. A song that would have affected you at age 15 (when emotions were high, and many experiences were imprinting themselves on your mind) would barely make a dent now or may not even be noticeable.

      There has been good stuff produced in the past 10 years. I know names like Britney Spears pops to mind when you think about the crap out there, but there are a lot of artists who are part of the big labels who don't get the same face or radio time for whatever reason.

    5. Re:I, for one, am not part of the long tail.. by motek · · Score: 4, Funny

      Quite obviously, it must exist. The lack of evidence simply means it is an invisible tail, well hidden from the eyes of the unsuspecting public. Probably some sort of conspiracy of the short-tailed...

      --
      I would like to die like my grandfather did - sleeping. And not screaming in terror, like his passengers.
    6. Re:I, for one, am not part of the long tail.. by Anonymous Coward · · Score: 0, Flamebait

      This is why I fucking hate making the mistake of reading the comments on this website. I do it so rarely and every time I do I regret it.

      I rarely bought music in the past, then downloaded a few songs which I would never have paid for but just wanted to hear.

      So, you wanted to hear it, but didn't want to buy it - so you took it. See that's the problem. If you didn't want to pay for a product, you don't just magically get the product anyways. If you think the industry puts out shit, it shouldn't be worth listening to in the first place.

      How bout we face the truth, you're a poor person who wants what they want and feel that any justification for taking instead of working for it is valid.

      As for the rest of your post, if you knew what the fuck you were talking about you would know that you go ask "the herd" what it is their looking for and then go give it to them. Jesus, you sound like your whole knowledge of the world comes through a fucking web browser you god damned prick.

      People who use the concept of "the herd" as if they are outside it and understand obviously don't. If they did, it wouldn't be regarded as a herd.

    7. Re:I, for one, am not part of the long tail.. by retech · · Score: 1

      Wow, someone's world view is being threatened and they're lashing out.

    8. Re:I, for one, am not part of the long tail.. by Anonymous Coward · · Score: 0

      I don't really think that was the intention of the parent post. Nothing to do with world view. Tastes do change over time and, as we age, we do become more choosy.

      Or maybe you're just trolling.

    9. Re:I, for one, am not part of the long tail.. by retech · · Score: 1

      I was referring to the post that starts with: "This is why I fucking hate... ." That person has a few unresolved anger management issues.

    10. Re:I, for one, am not part of the long tail.. by Jeremy+Erwin · · Score: 1

      I'm not sure that McDonalds and Coca Cola are that interested in one-time customers. I haven't bought a Coke or eaten at a McDonalds in quite some time.

      Amazon's reputation is based on the illusion of choice. Customers believe that there's a chance that their local bookseller will not have an items, and so they go to amazon, and buy bestsellers from them. If Amazon were to strip down the inventory to match that of an airport bookstore, they might be able to sell to a sizable majority of its customer base without problems. But the remainder of its customers would probably be able to spread, through word of mouth that amazon should no longer be the bookseller of first resort.

      Suppose you needed to do home repairs. If the Sears Hardware ad the Home Despot were both equally close, which store would you patronize?

    11. Re:I, for one, am not part of the long tail.. by TheTyrannyOfForcedRe · · Score: 1

      There was a time when I visited my favorite music store once per week. I typically spent $50-60 per visit on major label releases. When the lawsuits began my weekly buying sprees ended. I'll never consume another major label product again, ever. I can thank the RIAA for opening my eyes to a world music that I hadn't known was out there. Thanks RIAA!

      --
      "Liechtenstein is the world's largest producer of sausage casings, potassium storage units, and false teeth."
    12. Re:I, for one, am not part of the long tail.. by Lazyrust · · Score: 1

      I mean, have the major labels actually put out that much good music in the last 10 years to even download? It seems like the bar has gotten awfully low.

      Possibly. Or maybe you've just aged and your tastes have changed as they've become more refined (a nice way of saying you've become pickier).

      That just sounds like a nice way of saying "youre an old fart"

    13. Re:I, for one, am not part of the long tail.. by Anonymous Coward · · Score: 0

      It depends. Sears's tool department blows away Home Depot. But they don't sell lumber.

      Somebody could take the best of Sears/Craftsman, Home Depot, and Tacoma Screw and make one damned good hardware store out of it.

    14. Re:I, for one, am not part of the long tail.. by spatley · · Score: 1

      Do people fundamentally change when they have more than one option to choose? I would have guessed rarely. Just because people have more choices does not mean they make statistically random choices. People have far greater psychological issues about what they choose and why they choose them than just availability. People like to be on the bandwagon and choose what their friends do, they like to choose things they've heard of and feel safe about, what's been recently marketed to them, comfort foods vs. healthy foods, etc.

      You are missing the point altogether; people buy blockbusters because they want something and that is what is usually made available to them. The people that are settling and buying media for lack of better choices will be served by a wider variety of products and more obscure/less popular ones will get purchased when otherwise they would not. Take a look at the netflix top 100 http://www.netflix.com/Top100? the only picture in the top 10 that was produced in the last year and a half is "No Country for Old Men" hardly your typical blockbuster.

    15. Re:I, for one, am not part of the long tail.. by SerpentMage · · Score: 1

      I looked at the netflix that you point out, but I would disagree with your assertion. Doing a quick check and calculation (I do quite a bit of analysis in the stock market) what you have is a something that could be called a 356 day moving average...

      Look at the up and coming DVD's... They are mostly 2007's, which like a moving average means they are increasing in sales, but due to the massive lag it will take time before they reach #1.

      --

      "You can't make a race horse of a pig"
      "No," said Samuel, "but you can make very fast pig"
    16. Re:I, for one, am not part of the long tail.. by rasper99 · · Score: 1

      Raise your hand if you've never eaten at a McDonalds or drank a Coke before.

      I haven't had McDonalds in 16 years after a bad experience. A couple times I've been with a group and everyone wanted to go to McDonalds. In the past I said I haven't been there in like 8 years and they were easily swayed to go elsewhere.

    17. Re:I, for one, am not part of the long tail.. by bluie- · · Score: 1

      Never eaten McDonalds or drank Coke?

      Whopper Virgins!!!!!!1

      --
      life is a tragedy to those who feel, and a comedy to those who think
    18. Re:I, for one, am not part of the long tail.. by timeOday · · Score: 1

      I stopped buying CDs when the music companies started sueing their own customers.

      So I guess you'll start buying again now that the lawsuits are over, eh?

    19. Re:I, for one, am not part of the long tail.. by Hucko · · Score: 1

      Stop maligning the poor; the people I know with the largest music collection of downloaded illegal music/movies are all considerably better off than myself (I don't do the copyright infringement thing... all creative commons etc.) and I am by no means poor.

      --
      Semi-automatic amateur armchair Australian philosopher; conjecture ready at any moment...
    20. Re:I, for one, am not part of the long tail.. by kklein · · Score: 1

      Will you marry me?

      That brightened my day. Sometimes the things that are modded up here sound like the kind of justifications some nerdy loser in high school comes up with to explain why he doesn't have any friends ("Everyone is so stupid. Buncha sheep."). Sometimes I close my eyes and imagine that they really are 15 years old, but I know in my heart they're actually 45 and still have the opinions they had when they were 15.

      People are unique, but not special. Everyone is different from everyone else, which means everyone is kinda the same. If something is popular that you don't like, it's not because you are better than the other people; it's that you are different. And that is totally unexceptional.

      And if people don't like you? Well, that just means you're a prick.

    21. Re:I, for one, am not part of the long tail.. by jabithew · · Score: 1

      Or maybe you've just aged and your tastes have changed as they've become more refined

      Or ossified...

      The major labels have released some interesting new stuff, but normally after indie labels have pioneered it. They adopt a low-risk business model.

      --
      All intents and purposes. Not intensive purposes.
    22. Re:I, for one, am not part of the long tail.. by jabithew · · Score: 1

      Do people fundamentally change when they have more than one option to choose? I would have guessed rarely.

      I think you're right about people up to a point. The basis for the long tail was economic theory; for Amazon the marginal cost of stocking an album with a run of a couple of thousand by a small indie band in London is much lower than the same for, say, the Zavvi on Oxford street, because the opportunity cost is nill. This fundamental a change in the retail model will have some effect.

      Nevertheless, Amazon still has virtual store front (the homepage) on which this hypothetical album will not appear. The majority of people will not even know of its existence. But it is now much easier for people who do to get it. I think this will create a tail.

      Amazon clearly believes in the long tail (this is what their self-publishing business is trying to exploit), and New Scientist (to which I am a subscriber) is not hot on economics. About six months ago they had an issue in which they revealed that...shock horror...a free market gives the most efficient management of chaotic, complex systems.

      --
      All intents and purposes. Not intensive purposes.
    23. Re:I, for one, am not part of the long tail.. by Uber+Banker · · Score: 1

      This is why I fucking hate making the mistake of reading the comments on this website. I do it so rarely and every time I do I regret it.

      You RTFA and never the comments? You must be unusual here.

    24. Re:I, for one, am not part of the long tail.. by Uber+Banker · · Score: 1

      Video from that site streams terribly. It is slow. It doesn't cache when put on pause and doesn't even cache to rewind back to - reloads all over again. Just stick it on YouTube and be done with it.

    25. Re:I, for one, am not part of the long tail.. by tengu1sd · · Score: 1
      I stopped buying CDs when the music companies started sueing their own customers.

      I stopped buying music from big corp-rat vendors. I'll visit music festivals and buy from the the hot chick who owns her own label or the guy at adult stage who's in 3 bands, owns a label and has a recording studio in his basement. There's no reason to give up rewarding the artists who can bring music into our lives. There's also no reason to reward the parasites who feed on the musicians.

    26. Re:I, for one, am not part of the long tail.. by Anonymous Coward · · Score: 0

      Me too. Good riddance to bad rubbish.

  3. You corporate monkeys... by Anonymous Coward · · Score: 0

    never cease to amaze me! Now give yourselves a pat on - no, a long tug on the tail.

  4. Sounds like he got the long tail by thedonger · · Score: 4, Insightful

    Looks like he got his long tail, but I don't know why anyone would expect Harry Potter to sell less simply because someone could chose to get some out-of-print book or the like. Fill Barnes and Noble with shitty fantasy that will never sell and HP will still break records. The Internet can't change that.

    --
    Help fight poverty: Punch a poor person.
    1. Re:Sounds like he got the long tail by CyberLord+Seven · · Score: 4, Insightful
      "The Long Tail" did not suggest that Harry Potter would sell less. It suggested that a less well-known, or liked, book could make as much money as a Harry Potter or more because the internet would allow those who liked such things to find them more easily.

      For instance, we all know about The Curious Case of Benjamin Button because of all the advertisement money spent on it and the use the Oprah Winfrey's show as an additional ad vehicle along with "E" and other such crap that fills the airwaves.

      If "The Long Tail" is accurate, then there could be a much smaller independant movie that will could be released at the same time as The Curious Case of Benjamin Button and that will make as much money as The Curious Case of Benjamin Button, but in a longer time frame. This is because you and I think this independant movie stinks when we hear about it, but your neighbor and mine thinks it's the Bee's Knees and search out art-house showings and buy the DVD and watch it whenever it shows on the Idependant Film Channel and Sundance and spread the word so that the thing takes on it's own life in a manner similar to The Rocky Horror Picture Show.

      Of course, if "The Long Tail" is wrong, then this independant film will more likely resemble "Howard The Duck".

      --
      We have always been at war with Eurasia!
    2. Re:Sounds like he got the long tail by thedonger · · Score: 1

      Ah, I see your point. As far as the movie example, $10 per ticket will give "top tier" movies like Benjamin Button such a jump in gross sales that art house flicks and other creepers in the long tail section will never make up the ground. Net sales, OTOH, may be a different story.

      --
      Help fight poverty: Punch a poor person.
    3. Re:Sounds like he got the long tail by Anonymous Coward · · Score: 0

      And that's why you have to read a bit more about long tail.

    4. Re:Sounds like he got the long tail by Anonymous Coward · · Score: 0

      Modded you up... but ONLY because you found a way to bring "Howard the Duck" into the conversation.

    5. Re:Sounds like he got the long tail by CyberLord+Seven · · Score: 1

      A great comic. A stank-ass movie. About the only thing it's good for is as an example of a horrrrrrrrrrribbbbblllllleeee (geez, I still get the shivers) movie.

      --
      We have always been at war with Eurasia!
    6. Re:Sounds like he got the long tail by Anonymous Coward · · Score: 0

      Leah Thompson in her underwear, yum!

    7. Re:Sounds like he got the long tail by jythie · · Score: 1

      Long tail got a bit too much hype as people hoped that obscure artists would be AS successful as the popular ones and that turned out to be garbage.

      However, long tail DID hold true for obscure artists having any chance at all and made obscure stuff MUCH easier to find. Now instead of only having access to what most people want, the smaller stuff is available for purchase.

      Music is a good example, esp if you look at dementia/filk/etc. In the past you basicly had Weird Al and a few other major ones that, well, the big labels decided to make available. Now you can go strait to topic specific sites and get access to all the artists that, while not as well known, produce much more targeted material and thus still do 'ok'. not rich but they sell far more then they would have in previous decades.

    8. Re:Sounds like he got the long tail by An+Onerous+Coward · · Score: 2, Insightful

      I don't think that's what The Long Tail says at all. It doesn't say that an obscure indie movie or book should make as much as a blockbuster. It just says that the indie movie ought to be able to make money now, when it would have lost money under older distribution systems.

      The indie movie shouldn't need to gather a huge cult following. It just needs to find the audience that would enjoy watching it. That wouldn't have happened under the old 'roll out in thirty theaters nationwide model'. According to the new doubters, it may still not be happening.

      --

      You want the truthiness? You can't handle the truthiness!

    9. Re:Sounds like he got the long tail by dwye · · Score: 1

      Well, that theory worked for Eddie And The Cruisers, which did nothing much in the theaters, then kept selling in video tape and DVD form.

      > Of course, if "The Long Tail" is wrong, then this independant film will more likely resemble "Howard The Duck".

      The film or the comic book? The comic book was famous, when I was in college, for being the most valuable on the market, because so few copies had been made of the few episodes. One HtD was worth 10-20 copies of Action Comics No. 1 (which introduced this guy called Superman).

      The movie sucked, though. ITS long tail will require more time than the Heat Death of the Universe or the Big Rip (whichever comes first), unless someone burns all but ten copies (we can only hope!).

    10. Re:Sounds like he got the long tail by GiMP · · Score: 2, Insightful

      Of course, if "The Long Tail" is wrong, then this independant film will more likely resemble "Howard The Duck".

      Which coincidentally enough, just made it onto Hulu this week! I intend to watch it again, as I was strange enough to have loved this as a child. It was my favorite movie, in fact.

    11. Re:Sounds like he got the long tail by Paradise+Pete · · Score: 1

      However, long tail DID hold true for obscure artists having any chance at all and made obscure stuff MUCH easier to find.

      Johnathan Coulton is a good example.

    12. Re:Sounds like he got the long tail by Anonymous Coward · · Score: 0

      ""The Long Tail" did not suggest that Harry Potter would sell less. It suggested that a less well-known, or liked, book could make as much money as a Harry Potter or more because the internet would allow those who liked such things to find them more easily."

                No it doesn't. It says that all those less popular books that might sell like 1 or 2 copies a year would add up to selling as much as the popular "head", so people could make a living selling these unpopular books. Which, on the whole, is not true overall.

  5. Definition by spuke4000 · · Score: 4, Interesting

    What is the long tail? The summary, and TFA (I skimmed it so maybe I missed this) seem to indicate that the long tail theory means the more obscure stuff will be more popular. I thought it simply meant that you could make money off the obscure stuff when your distribution costs went to zero (because of the Internet). Am I missing something, or does the article interpret the idea of the long tail incorrectly?

    --
    This post cannot be rebroadcast without the express written constent of Major League Baseball.
    1. Re:Definition by Anonymous Coward · · Score: 0

      +1 offtopic rambling is as relevant, useful and ontopic as the article itself.

    2. Re:Definition by rbrausse · · Score: 1

      hmm, I believed long tail means that the stuff can be sold and sold again over different channels (e.g. a film: 1. cinema, 2. dvd, 3. television, 4. some strange magazines with the dvd of the film, 5. drive-by-ads with youtube et al, ...)

      but I have to agree that I never thought about it - "long tail" is just used as buzzword in my experience...

    3. Re:Definition by Endo13 · · Score: 1

      Well, this was my first encounter with "the long tail", so all I know about it is what I read in the article. It seems this particular article is defining "the long tail" as an ability for retailers to sell a lot more different items, so some of the peak demand for the most popular items (blockbusters) gets spread out to the extra selection that wouldn't normally be available in a B&M store. Also, it briefly mentions a small possibility of an unexpected blockbuster arising from that extra selection.

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    4. Re:Definition by slugtastic · · Score: 1

      Heres a wikipedia page about the Long Tail.

    5. Re:Definition by DaveV1.0 · · Score: 2, Informative

      The idea that the internet is transforming our buying habits was first popularised in an article written by Chris Anderson, editor-in-chief of the technology magazine Wired, in October 2004. The article, titled "The long tail", became a blog, a best-selling book and a marketing mantra.

      Anderson's premise was simple. Before the internet, even the largest retailer had physical constraints on the variety of stuff like books, CDs and DVDs it could profitably sell. Savvy store owners had to tailor their stock to maximise returns from limited shelf space, and consumers had to make do with what was on offer.

      In cyberspace, by contrast, shelf space is practically unlimited and other overheads at rock bottom. Online retailers can take advantage of that to sell vast catalogues of obscure products at little or no extra cost.

      Anderson postulated that this new breadth of choice was leading to a metamorphosis of the classic demand curve. Instead of a steep peak representing comparatively few big-selling items, a gentler curve spread over far more products was emerging - creating the eponymous long tail (see graph).

      To Anderson, this migration to the long tail is a journey of self-discovery for all of us. "As a teenager in the 1970s, I listened to one of the 10 radio stations on offer, but I'm not sure I really knew what my taste was." Now, he says, we are all finding out - and discovering that we like quite different things. His conclusion is summarised in the subtitle of his book: "The future of business is selling less of more".

      For a visual, check out the graph in the article.

      --
      There is no "-1 offended" or "-1 you don't agree with me" mod options for a reason.
    6. Re:Definition by Anonymous Coward · · Score: 0

      What is the long tail? The summary, and TFA (I skimmed it so maybe I missed this) seem to indicate that the long tail theory means the more obscure stuff will be more popular. I thought it simply meant that you could make money off the obscure stuff when your distribution costs went to zero (because of the Internet). Am I missing something, or does the article interpret the idea of the long tail incorrectly?

      It's marketing fluff which is why it's not always so easy to pin down a precise definition of "long tail" or "long tail theory". It seems to boil down to the idea that in markets where there are lots of choices, like a wide variety of items, 20% of products available will dominate the market while the other 80% will hardly sell at all in comparison (the shape of the graph is what gave it the name). But it doesn't mean much, in the sense that there are not many scenarios where you can use the knowledge of this very general trend to have any influence over events. You could drop the marketing angle entirely and just call this an application of Sturgeon's Law, for that matter.

    7. Re:Definition by I+Want+to+be+Anonymo · · Score: 3, Informative

      The phrase "long tail" has a couple of related, but different meanings - both from the shape of a graph of sales (or popularity) on the Y-axis.

      In this case, the X-axis is a listing of different titles, sorted by popularity. There are a small number of extremely popular items, tailing off to huge numbers of less popular items.

      In the other use, the X-axis is time. Something can be hugely popular for a few days/weeks/months, but will continue to have greatly diminished sales for many years to come.

      The concept of the "long tail" is that the combined popularity or profitability of the items in the tail can be a significant part of the overall profitability of the entire market, particularly when internet sized economies of scale make it efficient to stock and sell these items.

      --
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    8. Re:Definition by vux984 · · Score: 5, Informative

      What is the long tail? The summary, and TFA (I skimmed it so maybe I missed this) seem to indicate that the long tail theory means the more obscure stuff will be more popular.

      The long tail theory is:

      1) More obscure stuff will be more profitable (because distribution costs are down - you can distribute electronic goods for practically nothing, and even real goods are more profitable because you can keep them in a warehouse in Wisconsin instead of taking up premium shelf space at a retail store downtown NYC)

      2) Because its profitable, people will actually carry it.

      3) Because people will carry it, people that actually want it will be able to find it and buy it.

      4) Because people can find and buy the obscure stuff they want they'll spend less on the popular stuff they don't want as much. So the blockbusters will lose some of their sales to the obscure stuff.

      In reality, this doesn't seem to be happening.

    9. Re:Definition by routerl · · Score: 5, Informative

      Picture a graph: the y-axis is popularity (i.e. numbers sold) and the x-axis is products (e.g. each point is a book). If all the most popular products (e.g. Harry Potter) are closer to the y-axis, and as you move away from the y-axis popularity decreases, you get a long tail on the graph.

      The idea here is that stocking, e.g., a few copies of a LOT of relatively unpopular books, allows you to cater to niche markets and can significantly increase profits compared to only carrying products that are in high demand.

      Companies like Amazon are masters at exploiting the long tail. Oh, and here is the original article describing this idea.

      --
      Trust me, kids; don't drink and post.
    10. Re:Definition by kkffjj · · Score: 2, Informative

      spuke4000 - you are correct in what you do say: "I thought it simply meant that you could make money off the obscure stuff when your distribution costs went to zero (because of the Internet)." you are missing part of what the "longtail" means. It's not really that you "can make more money off the stuff" because before your costs went to zero, you had to make decisions not to sell stuff below a certain point in the tail. Not only has the stuff in the long tail become cost effective to sell, but (and this is as much a key as what you said) the stuff in the long tail has become "more discoverable" by consumers. (because of internet technology, namely recommendation engines, tagging, categorization, and social networking) The consumers "cost to discover" also goes way down. Read "the long tail" by chris anderson. His findings are all backed up by scientifically designed experiements and professional statistical analysis. with that said, I don't think blockbusters are going to suffer, they will still grow, but so too will the long tail titles. It's not a zero sum game. Even if dispiosable income stays the same, the cost of blockbusters has decreased, allowing more discretionary spend in the long tail....blah blah now im just speculating. happy holidays

    11. Re:Definition by Anonymous Coward · · Score: 0

      If you click on enlarge image, you will see what the article defines as the long tail.

    12. Re:Definition by Anonymous Coward · · Score: 0

      The Long Tail is most easily understood in terms of Amazon vs a traditional bookstore.

      The old business model says: you have limited space for goods - so you can only stock those books that sell at least 10 copies a year (for example).

      The "long tail" says that - if you have no shelf/stock constraints, then there is plenty of profit in the "long tail" - ie thousands of back catalog books that might only sell one copy a year, or every five years. If you deliver on demand and there is no storage costs for offering that extra product, it only has to sell one copy ever to be profitable.

      It doesnt say that Harry Potter will go away, just that only focusing on the "blockbusters" is ignoring these niche items in the tail...

      Similarly, a record store can only stock albums that sell, but iTunes cost for offering an additional track is so miniscule that even a track that is bought once ever could turn a profit.

      The analogy extends to lots of things: websites - millions of people might buy from Amazon.com, but you could run a small website focusing on niche products that only sells a couple hundred items a year and still make a good living. videos - Dark Knight makes millions, but there are thousands of niche DVDS that might only sell a handful of copies each - these can still be very profitable if you can deliver them on-demand and have minimal storage costs for them...

      To sum it up:
      Just because something isn't a blockbuster doesn't mean you can't make money from it...

    13. Re:Definition by JustinOpinion · · Score: 3, Informative

      The summary sorta implies that "The Long Tail" means that the unpopular stuff will be more popular. But that isn't the theory, and TFA does a decent job explaining it. "The Long Tail" instead means that if production and distribution costs are low enough, a whole variety of niche products suddenly become viable. Traditionally people could only buy one of the top-10 books (or DVDs or whatever), because stores couldn't afford to stock anything but the best-sellers. But things like Amazon allow them to "stock" just about everything: so a previously untapped market appears, with stores catering to all of these niche buyers. The idea is that the potential in the long tail is massive: nothing in it is particularly popular or sells that many copies, but in aggregate it can be huge (maybe even bigger than the "best sellers"). This model has clearly worked for places like Amazon. Another stereotypical example is customized shoes or clothing; whereas traditionally you could only buy the shirts you saw at the local store, with the Internet you can buy all kinds of more niche styles. In fact, you can buy shirts that have user-chosen slogans or logos. The plethora of online stores that offer these services, or which capitalize on short-lived Internet memes by selling associated clothing, shows that this idea has merit.

      The article notes that despite the long tail, we still have blockbusters. This isn't really in conflict with the theory of the long tail. Indeed the theory mostly talks about the (previously untapped) potential of the long tail... but blockbusters will always exist. TFA says that despite niche markets, most of the sales, and most of the money, still comes from the best-sellers or the blockbusters.

      I think (part of) the explanation for this is from free content. I think that anyone trying to capitalize on the long tail will have a hard time competing with amateurs, enthusiasts, and free information. For mainstream content (e.g. a generic action movie), amateurs won't be able to compete with the budget and brand recognition of established studios. But for niche interests, amateurs will often be producing the "best content" and giving it away for free, making it impossible for commercial interests to capitalize on it. Think about the variety of niche blogs, forums, wikibooks, YouTube channels, creative commons music or books, and so forth.

      So I would say that the long tail exists, and is healthy... but is harder to monetize than some people may have thought. The fact is that niche interests exist, but those niche communities are often finding that they can satisfy their needs themselves, leaving no room for commercial entities to capitalize.

    14. Re:Definition by sfsp · · Score: 2, Insightful
      My personal experience is that the part of your thesis that isn't happening is Step 4:

      4) Because people can find and buy the obscure stuff they want they'll spend less on the popular stuff they don't want as much. So the blockbusters will lose some of their sales to the obscure stuff.

      It seems to me that blockbusters are getting bigger, AND the tail is getting longer. More money is being spent at both ends of the curve. This would imply that the curves in the New Scientist article graphic are incorrect: the long tail isn't stealing dollars from the blockbusters. It's not a zero-sum game.

      Of course, throw in a tanking economy and all bets are off...

    15. Re:Definition by Anonymous Coward · · Score: 0

      So the blockbusters will lose some of their sales to the obscure stuff.

      In reality, this doesn't seem to be happening.

      Because up until that assumption, the theory sounds pretty decent. It's rediculous to assume that the people who like obscure things don't also like mainstream things, or that a sale of an obscure items equals loss of a sale on a bigger item. I like plenty of obscure things, I also like plenty of mainstream things (newsflash: a lot of mainstream things are mainstream because they're good). Just because I go out and buy the next Frontline Assembly or Funker Vogt album doesn't mean I'm not going to buy the next Metallica album also. Metallica isn't losing a sale because I like Frontline Assembly.

    16. Re:Definition by vux984 · · Score: 1

      My personal experience is that the part of your thesis that isn't happening is Step 4:

      Yes. Precisely. The first 3 are all happening. Its just #4 that isn't panning out.

      It seems to me that blockbusters are getting bigger, AND the tail is getting longer. More money is being spent at both ends of the curve.

      Yes, to both the tail is getting longer and the blockbusters are getting bigger.

      This would imply that the curves in the New Scientist article graphic are incorrect: the long tail isn't stealing dollars from the blockbusters.

      Not quite. The article isn't saying that the tail is too "short", but simply that its much flatter and thinner then they expected.

      People who really want the obscure stuff =are= buying the obscure stuff so the tail is there, but they are surprised that despite the availability of such a wider range of product, that things are actually becoming more concentrated around the blockbusters. This is somewhat counter intuitive.

    17. Re:Definition by Anonymous Coward · · Score: 0

      I don't know about anyone else, but I propose that to cut down on the number of tags being used, we replace "badsummary", "!news", and "idle" with a new "kdawson" tag.

    18. Re:Definition by vux984 · · Score: 1

      It's rediculous to assume that the people who like obscure things don't also like mainstream things, or that a sale of an obscure items equals loss of a sale on a bigger item.

      Its not that these people don't like both, its that they only have so much money, and that until recently only one of the items was readily available. So yes, in the big scheme of things, if 20 billion dollars is spent on obscure items that didn't used to be available, that's 20 billion that's not going to be spent on other stuff.

      One of the real factors affecting the music industry is the rise of the cellphone and gaming industries. Even if piracy were impossible music sales would probably be down simply due people spending that disposable income on cellphone contracts, video games, etc.

      After all the sale of an obscure item either equals the loss of a sale on -something-, or that the money would have gone into savings. Givin the savings rate in the US is practically zero, that means its probably the former.

      So yeah, some people will skip mcdonalds to buy the obscure CD, some people will skip on a new t-shirt,... and a lot of people are going to skip on some other more popular CD.

    19. Re:Definition by Anonymous Coward · · Score: 2, Interesting

      The above summary really is not correct. The "long tail economy" merely means that obscure tastes can be satisfied by the market if distribution and storage are low enough cost. Using an anecdote, I have a friend who sells light switch wall plates. These items are very decorative and are intended to replace the plain ones you can find in any hardware store. However, the market for such decorative items is small. Most people are content with the simple and functional ones that come with the house. If this store were a traditional brick and mortar building servicing a community of 10,000 then it would not be able to remain open. If the store were moved to a large city, such as Jacksonville then it might be able to eek out an existence. Even then, however, not many people would know about such a place even if they wanted it. However, if this place was merely and Internet store which produces those wall plates on demand (e.g. minimal warehouse cost and minimal distribution cost), then the store can be (has been) successful. It is not churning out thousands of orders per day, but a few orders per day can keep the semi-retired owner occupied and earning some cash. The heart of the "long tail economy" is to be able to provide for uncommon market segments more viably.

      The long tail market is insignificant in size when compared to the mainstream market. However, if stores could provide shelf space for the popular items and still allow for special ordering of more obscure items, you get the same result. This does not predict that a small niche will out earn the mainstream market unless the mainstream market is oversold.

      For example, if you have 20 pop radio stations competing for listeners and only one classic radio station (no other radio stations). Also assume that 90% of the radio-listening population enjoy pop, 5% enjoy classic, 3% enjoy punk, 1% enjoy Elvis Presley All Day Every Day, and the remaining 1% form assorted niches of other genres (I know this is not a realistic distribution). In this scenario, if all the pop radio stations were of similar quality the market would predict that each gets 4.5% of the listeners. The one classic radio station will get 5% of the listeners because they have no other choice. Everyone else forms a long tail because they are not able to listen to their favorite music at all. If the cost of operating a radio station were to be reduced or the revenue were to increase, it may become viable to start a punk radio station. However, if these demographics were more generally true and you could have a radio station at the same cost but service a radio-listening population that was 50% bigger, then the punk could compete with the rock stations. Unfortunately, the Elvis Presley All Day Every Day crowd will need more than a four-fold change. The other markets are even worse off.

    20. Re:Definition by ResidntGeek · · Score: 1, Troll

      You're an idiot.

      --
      ResidntGeek
    21. Re:Definition by ChrisA90278 · · Score: 1

      Am I missing something, or does the article interpret the idea of the long tail incorrectly?

      People who write for a living have to generate controversy because it youe write an article that reads "what we though all along to be true is in fact true" no one would read it. What the author did here was to miss-interpret "long tail" in a way such that he could show it does not work. That way he gets to write an article with a surprizing conclusion. It's an old trick.

      The way to PROVE "long tail" does not work is to point to Amazon.com and show that they have changed and now carry only the top 100 titles.

      But Amazon (today at least) does carry a bazillion titles and we can assume they do because they make money doing it.

    22. Re:Definition by CohibaVancouver · · Score: 1

      But Amazon (today at least) does carry a bazillion titles and we can assume they do because they make money doing it.

      Yes and no - The long tail argues that obscure books sell better now because of the long tail - But that's not really the case. Pre-Amazon if you wanted an obscure book you could still get it. The book shop just ordered it in and a week later you got it. Amazon's really no different. What the long tail argues is that obscure books would sell better, but they're not, because people still don't know they exist. Ditto obscure music.

    23. Re:Definition by badasscat · · Score: 1

      It seems to me that blockbusters are getting bigger, AND the tail is getting longer.

      Except that the top albums now sell a fraction of the number that the top albums used to. Ditto for books. Movie blockbusters have not been hit as hard but they have been hit (revenue might be up, but ticket sales are down). So yes, #4 is happening, along with all the other numbers in that list.

      The Long Tail is real.

    24. Re:Definition by gilgongo · · Score: 1

      Am I missing something, or does the article interpret the idea of the long tail incorrectly?

      Like a lot of "big, simple ideas" it's rather open to interpretation.

      --
      "And the meaning of words; when they cease to function; when will it start worrying you?"
    25. Re:Definition by dasunt · · Score: 1

      How many people actively search out new things?

      The band I'm currently fascinated with right now isn't released in English, isn't available on Amazon, only one crappy video is on youtube, and I've only found them due to a passing reference to a musical technique in another band's lyrics and a great deal of googling.

      This is where the long tail dies. I'll probably end up buying the band's CD (their demo album is free to download in mp3 format), but it will require effort on my behalf to figure out why the distributor isn't showing it as available to buy.

      Plus there's the whole conversion from dollars to euros.

      This is where the long tail dies.

    26. Re:Definition by cliffski · · Score: 1

      Have you read the book? or are you just being hip and cool by slagging it off as marketing fluff? I've read the book, it's full of stats, case studies and real world examples showing the long tail in action. It's a well-thought out and well-researched theory that has considerable merit.
      Just because a book is a bestseller doesn't mean that book is 'wrong'.

      --
      DRM-free indie games for the PC and Mac: Positech Games
    27. Re:Definition by Ironica · · Score: 1

      Except that the top albums now sell a fraction of the number that the top albums used to. Ditto for books.

      Did you RTFA? Because the first example they gave is about a book that has broken records in units sold... records that were set just in the last few years by previous releases in the same series.

      While music isn't selling as well (on physical media), other sectors are seeing record-breaking units and revenue.

      --
      Don't you wish your girlfriend was a geek like me?
  6. It had to happen sooner or later by Anonymous Coward · · Score: 4, Insightful

    A summary that told me so much, yet so little.

    "Long Tail theory" No idea. Apparently I missed an article somewhere.

    "flatter and thinner" I gotto admit, tails in an evolutionary sense popped to mind here for some reason. Though the mention of markets made that an obvious red herring.

    "blockbusters are not going away" Aha, movies!

    "widely used collaborative filtering software is magnifying the winners' share of the various pies" Say what?

    1. Re:It had to happen sooner or later by ZygnuX · · Score: 5, Funny

      The guy who made the summary is the perfect politician. Able to fill a summary with words... but without saying anything!

    2. Re:It had to happen sooner or later by glwtta · · Score: 1

      For some reason article submitters here really like to reference obscure concepts without definition; I think we're supposed to be in awe of their erudition.

      "What do you mean, you are not familiar with Long Tail theory? Why, such a possibility never entered my mind, seeing how I know it so well!"

      Gets tiresome, since the only result is that we end up clicking through to articles we have zero interest in.

      --
      sic transit gloria mundi
    3. Re:It had to happen sooner or later by fnord_uk · · Score: 1

      Flatter, thinner and shorter tails make me think of beaver.

      fnord

      --
      In theory, theory and practice are the same. In practice, they're not.
    4. Re:It had to happen sooner or later by Anonymous Coward · · Score: 0

      "widely used collaborative filtering software is magnifying the winners' share of the various pies" Say what?

      Amazon's recommendation system and similar things that say "if you like this, then you would like this other thing..." as that reinforces the popularity of related items. Such systems do not recommend the obscure items that few people seek.

    5. Re:It had to happen sooner or later by maxume · · Score: 1

      If that were true, I would have finished reading the summary and been left with a vague sense that I found the writer to be a likable fellow, whereas in reality I became mildly irritated and scrolled down to see if any of the comments made more sense.

      --
      Nerd rage is the funniest rage.
    6. Re:It had to happen sooner or later by Anonymous Coward · · Score: 0

      Yes yes, I got it *after* I looked at the article. But in the context of that summary, it seemed like absolute gibberish.

    7. Re:It had to happen sooner or later by Floritard · · Score: 1
      *cough* News for nerds *cough*

      I mean, are you going to tell me that

      Rails and Merb Ruby Web Frameworks Merge

      makes relatively any more sense to the uninitiated? Granted, I only know about Long Tail theory from previous /. posts.

  7. What the?!? by noahisaac · · Score: 1, Funny

    I had no idea what long tail theory is. I originally thought this summary was a joke, like one of those automatically generated jargon papers.

    1. Re:What the?!? by ubrgeek · · Score: 5, Funny

      What the hell was that? Mattel's "My First Summary"?

      --
      Bark less. Wag more.
    2. Re:What the?!? by Anonymous Coward · · Score: 0

      Can we please add the kdawsonsucks tag again. He is truly awful

  8. They can't HANDLE the long tail! by Dr_Barnowl · · Score: 3, Insightful

    Of course they want to sell you new media. Old media has the unfortunate quality of being old. Should copyright extension insanity ever end, old content is closer to becoming free content.

    If they can induce you to fill your time with new, "premium" content by splashing adverts at you and skewing selection algorithms on Amazon and the like, they will prefer to every time. New stuff commands a higher price. New stuff has higher margins. New stuff keeps the media industry running, and they have clout.

    Old stuff is, like, yesterdays stuff. Even if it's better.

    1. Re:They can't HANDLE the long tail! by An+Onerous+Coward · · Score: 1

      I thought "new media" referred to how the content was delivered. Not the fact that the content itself was actually new. "Pride and Prejudice" on a Kindle would be new media, whereas the latest Paul Krugman column on ink-spattered parchment would not.

      --

      You want the truthiness? You can't handle the truthiness!

    2. Re:They can't HANDLE the long tail! by martin-boundary · · Score: 1

      I prefer the "new new media": Pride and Prejudice from Project Gutenberg, on any damn media I please, whenever I want, for free.

  9. Consumers change slowly.. by Vellmont · · Score: 3, Insightful

    It's pretty silly to expect that everyone is going to change their behavior immediately due to increased availability of a larger variety of goods. When cable came along and people were given a larger amount of choice of television programming viewing habits didn't change overnight, they changed over decades.

    People are creatures of habit. It'd be more interesting to see if the variety of goods people buy varies with age. If so, expect that "long tail" to eventually appear as the population turns over.

    --
    AccountKiller
    1. Re:Consumers change slowly.. by cdrguru · · Score: 1

      Interesting, comparing it to cable TV. What a lot of people do not know is that most of the niche cable channels (think Golf Channel) aren't very profitable. They still exist because they managed to get themselves listed with the cable company and this guarantees them revenue, regardless of actual viewing habits. The ad space is really cheap as well, and this attracts certain types of marketers.

      What happens if we get total ala carte channel selection where everyone gets to decide if they can receive the Golf Channel or not? I'd expect the Golf Channel (and a bunch of other niche-market cable channels) to go away quickly because there isn't enough viewers to support the fees they have to pay for satellite distribution.

      So, have people's habits changed? Not really. There may be 500 channels available, but most people watch the top 20 or 30. The bottom 100 could go away tomorrow and nobody would notice. And they likely as not will go away pretty soon. Cable is likely to be a lot more like VHF TV in the 1960's where there are 20 channels and a whole lot of empty space.

    2. Re:Consumers change slowly.. by jellomizer · · Score: 1

      Don't forget the biggest sin that an American can make... "Though shall not get ripped off." If you get ripped off then normally you are the one who is mocked at. Going with named brands at least helps insulate you from getting ripped off. Hey Ill buy this Xerox Printer vs. a Samsung. I may pay an extra $100 for it but hey it is a Xerox not a cheap Samsung... (even if samsung had made the printer for xerox) you are insulated from ridicule. If the samsung crapped out you should had gotten the Xerox. If the Xerox crapped out well that was the best I could get they all have problems.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    3. Re:Consumers change slowly.. by E++99 · · Score: 1

      It's pretty silly to expect that everyone is going to change their behavior immediately due to increased availability of a larger variety of goods. When cable came along and people were given a larger amount of choice of television programming viewing habits didn't change overnight, they changed over decades.

      But TFA shows research that indicates that increased variety and increased connectedness causes MORE uniformity in consumption. When we have more choices than we could possibly process on our own, our dependence on the community to tell us what is good increases, and a smaller number of popular choices become more and more popular.

      I, for one, am part of this (thin as it may be) long tail. The last two books I bought from Amazon were "Astronomical Algorithms" by Jean Meeus and "Theogony" by Hesiod. These were not fad-driven purchases. I'm willing to believe that the market as a whole is becoming more markedly fad-driven; but I also must believe that there are many others like me who, pre-Internet, would have gone to a local bookstore to find the books such as the above examples, and, not finding them, would have ended up going without.

      Not that I'm any different from the fad-driven masses. If I were simply looking for a book to amuse me, or to pass the time, I would probably look at Amazon's best selling list as a way of maximizing my chances of getting something good. In the old days, I'd probably have been more likely to go to the local bookstore and look for something that jumped out at me. Hence I would be manifesting this fad-driven as well. Combining both behaviors, I'd say that the shape of the curve is indeed steeper, with bigger blockbusters and with a thinner tail, but still with a much, much longer tail.

    4. Re:Consumers change slowly.. by Anonymous Coward · · Score: 0

      I agree it took decades to come out with TiVo which finally condensed 999 channels of 90% crap back into 2 - 3 channels worth of interesting material. I don't think people changed habits, I just think we adapted to crap being pushed down our throats by creating filters that limit this crap to old manageable amount.

      In a same way the long tail only makes sense if you don't know basic sociology. People won't change habits, but rather stick with what they know and care about. While you might have a steady population of classical music, you also have steady populations of 30's, 40's, 50's, 60's, ..., all kinds of genres. All of them listening to their favourite music and only occasionally sampling other stuff.

      The only difference between "popular" stuff and "unknown" stuff is the size of initial bulge. Unknown stuff doesn't have it. While it seems plausible that in a long run, approaching infinity, all things equal, the size of the bulge becomes irrelevant, the sad fact is that not all things are equal. Generally the unpopular stuff will always have less demand than initially popular stuff, because there is no medium for spreading information of existence. Popular stuff gathers "the buzz" which only serves to get out the word of existence and social network filters just amplify this information on the cost of less known items.

      At the end you come to the point of not looking for something you don't even know exists. People don't look for old stuff (long tail) to discover new things, they look for it to reaffirm their old tastes. And with each decade and generation shift there is less demand for the stuff. Things that haven't generated buzz in these cases simply drop off the radar while other remain marginally profitable if even that. Yes, even on the Internet, there are costs for keeping and distributing stuff.

      Internet on itself is not free distribution medium, event hough it might look like this to the uninitiated. Personally I'm still amazed how many people still think that you bild it once and then it's free to run and every $$$ will return threefold because there are no costs for content/production/filtering/distributing ... Last two decades are littered with corpses of such failures and it seems there are even more to come.

    5. Re:Consumers change slowly.. by DerekLyons · · Score: 1

      It's pretty silly to expect that everyone is going to change their behavior immediately due to increased availability of a larger variety of goods. When cable came along and people were given a larger amount of choice of television programming viewing habits didn't change overnight, they changed over decades.

      Hint: It's 2008 - and that increased availability has been around since 1996 or so (a decade plus). You'd expect the effect to be showing even if it's not yet general - but it isn't.

    6. Re:Consumers change slowly.. by LunaticTippy · · Score: 1

      You picked an unfortunate example. I worked at a satellite company for a while and the Golf Channel was one of the moneymakers. People would upgrade their package to get the Golf Channel. The only more popular nonpremium requested channels were Fox News and AMC.

      I didn't work on the financial side, but I bet they could tell you how it all breaks down. I know one thing for sure, every channel had dedicated viewers. Even one of the shopping channels would trigger an avalanche of calls if it lost the feed.

      --
      Man, you really need that seminar!
  10. "selling less of more" by fermion · · Score: 2, Interesting
    I believe this, not the headline, is the crux of the article

    OTOH, it is clear that the way to make a lot of money as a retailer is to have the popular options at a low price, a la Wal Mart. As the article suggests, though, have a few niche items can make money, if you can get people to pay for therm.

    Here is what I think. Stocking an item, even a virtual item, incurs a cost. So if one stocks a million different items, and only one thousand different items moves a week, then there are costs not being covered on an even yearly basis. One way to make this work it mark up items a lot, as in the used book store, wher a book can be bought for a dime and sold for a dollar.

    To me the long tail means either selling in a high markup niche market, or having the ability to control costs so you can sell less of more different things and actually draw a profit. In either case, the long tail in going to be chanllenged in times that force are going to force some fiscal responsibility, and people are going to focus on necessities and cheap luxuries.

    --
    "She's a scientist and a lesbian. She's not going to let it slide." Orphan Black
    1. Re:"selling less of more" by An+Onerous+Coward · · Score: 1

      But if the cost of stocking a virtual item is low enough, it may be worth carrying a thousand products in the hopes that one or two of them garner a single sale.

      For example, say that the cost of maintaining a single song is (to pull a number out of the void) .1 cents a year, while the profit to the store for selling one song is 50 cents.

      Given those numbers, one sale from one obscure song could support the inventory cost of 500 slacker songs for an entire year. Since you don't know which of the non-selling songs might make a sale in the future, it's easy to justify their dead weight.

      --

      You want the truthiness? You can't handle the truthiness!

  11. Further Reading by Symbolis · · Score: 1

    The original(for me) Long tail article. You can also check out longtail.com.

    Or, you know...just search with Google for "The Long Tail".

  12. Bad Economy by Van+Cutter+Romney · · Score: 1

    Could it be that because of the bad economy those things on the farther ends of the tails which were more cheap and more available before aren't so anymore?

    --
    Help a man when he is in trouble and he will remember you when he is in trouble again.
  13. The long tail theory is silly. by tjstork · · Score: 1

    The thing about the long tail theory is that, on the flat end of the curve, you have very small overall returns, and a lot of other people making products with the same low capital and similar returns. so, basically, you have a lot of sucky stuff, then, a few things that are actually pretty good. You can see this with windows shareware as much as you can with web sites or anything else. A lot of stuff sucks, and only a small amount of it is actually good.

    --
    This is my sig.
    1. Re:The long tail theory is silly. by An+Onerous+Coward · · Score: 1

      Yes, yes. 90% of everything is crap. Maybe in Long Tail world, 99.9% of everything is crap. What's the point that you're trying to make?

      --

      You want the truthiness? You can't handle the truthiness!

    2. Re:The long tail theory is silly. by cliffski · · Score: 1

      The theory isn't silly. It's perfectly valid. My whole business exists in the long tail. I sell a tiny fraction of the games that Maxis sell, but the fact remains I *do* sell some games. Those games presumably give satisfaction to the buyers, and no doubt some of them are people who would have spent that money at EA or Maxis.

      There is a market out there for people who buy Kudos but if it didn't exist they would have bought the Sims. The same is true for every product. And you can extend it further. I'm sure some people who Buy Democracy wish it was centred around Spanish politics, and if the tail got longer still and someone made a Spanish-centric version, that would then eat into my sales.

      This is all a good thing, it means people get products they really like, as opposed to getting generic dumbed-down stuff everyone 'doesn't mind'.

      --
      DRM-free indie games for the PC and Mac: Positech Games
  14. Tinfoil hat time by DrLang21 · · Score: 1

    It's not even about new vs old. It's about the specific item that "they" want you to buy. It's much more profitable to invest in and sell one big blockbuster than it is to invest in and sell several moderately popular items. In short, they want us back playing their game.

    I for one have often browsed the shelves of airport bookstores and have walked out disgusted every time because I can't find anything worth reading. I've even passed up classics because they only stock the most poorly done translations. I don't shop at record stores anymore because almost no one carries good metal. I don't shop at hobby shops much anymore because in the few I can find, none carry any supplies for resin models (let alone carrying the models themselves).

    --
    I see the glass as full with a FoS of 2.
    1. Re:Tinfoil hat time by Raenex · · Score: 1

      I don't shop at record stores anymore because almost no one carries good metal.

      Translation: My tastes are fixed from 20 years ago. Old man syndrome.

  15. Since everyone else seems to know by ZanySpyDude · · Score: 1

    Long tail theory is that selling large numbers of unique items at low levels is profitable. http://en.wikipedia.org/wiki/The_Long_Tail

  16. Clueless by mcgrew · · Score: 3, Insightful

    from the comments, the "long tail theory" is misunderstood by most slashdotters (at least, the few who are showing up today, most of whom, it seems, are in my "freaks" list judging from the comment moderations).

    TFA was incredibly bring and unnecessarily wordy, as if the author had little to say and vast tracts of text to say it in.

    Wikipedia refers to:

    1. The Long Tail, a consumer demographic in business
    2. Power Law's long tail, a statistics term describing certain kinds of distribution
    3. Long-tail boat, a type of watercraft native to Southeast Asia
    4. Long-tail distribution, a probability distribution is one that assigns relatively high probabilities to regions far from the mean or median.
    5. Long-tail traffic, telecommunication traffic that exhibits a Long-tail distribution

    Obviously it's not referring to a boat or telecommunbications traffic. What it does refer to is a statistical curve on a graph. Take IQ. If your IQ is 100, you are on the top of the bell curve, the median. If your IQ is over 150 you are close to the extreme end of the "long tail".

    The phrase The Long Tail (as a proper noun with capitalized letters) was first coined by Chris Anderson in an October 2004 Wired magazine article[1] to describe the niche strategy of businesses, such as Amazon.com or Netflix, that sell a large number of unique items, each in relatively small quantities.

    The concept of a frequency distribution with a long tail -- the concept at the root of Anderson's coinage -- has been studied by statisticians since at least 1946.[2] The distribution and inventory costs of these businesses allow them to realize significant profit out of selling small volumes of hard-to-find items to many customers, instead of only selling large volumes of a reduced number of popular items. The group that purchases a large number of "non-hit" items is the demographic called the Long Tail.

    Given a large enough availability of choice, a large population of customers, and negligible stocking and distribution costs, the selection and buying pattern of the population results in a power law distribution curve, or Pareto distribution. This suggests that a market with a high freedom of choice will create a certain degree of inequality by favoring the upper 20% of the items ("hits" or "head") against the other 80% ("non-hits" or "long tail").[3]

    The theory is that if you have warehousing costs, it isn't profitable to stock items that don't sell well. On the other hand, if your warehousing costs are zero, any sale is profitable.

    The article (what I read of the boring thing) didn't say much of anything except "stuff one person will buy won't outsell stuff millions of people will buy"

    In short, DUH. hardly profound.

    1. Re:Clueless by fruey · · Score: 1

      I'm not sure. I think that what it is saying is that, rather than being able to sell low volumes of stuff that you couldn't sell before, in fact you can't. You'll actually just sell a bit more of the stuff you sold very low volumes (or you didn't stock) before, but there's no magic new stuff that sells at low volume on the net.

      --
      Conversion Rate Optimisation French / English consultant
    2. Re:Clueless by swillden · · Score: 4, Insightful

      The article (what I read of the boring thing) didn't say much of anything except "stuff one person will buy won't outsell stuff millions of people will buy"

      In short, DUH. hardly profound.

      Well, it's hardly profound if you oversimplify it and misstate it.

      The idea behind the long tail was that the massive variety that on-line retailers can offer, as compared to brick and mortar retailers who have severe shelf-space constraints, would lead people to find and buy more obscure stuff.

      No one really expected the obscure stuff to outsell the popular stuff, but there was an expectation that some of the dollars formerly directed to popular stuff would get spread instead across the more obscure stuff. This would cause the sales of popular stuff to flatten a little and the "long tail" of obscure stuff to thicken a little.

      That seems pretty reasonable on its face, but it's apparently not what happens.

      It appears, in fact, that without the friction imposed by retailer shelf-space decisions the blockbuster effect is enhanced. When millions of products are available, people pay even more attention to peer recommendations, and that drives a more powerful blockbuster effect. The use of automated popularity-based recommendation software probably adds to the effect as well.

      Is that profound? You decide. I think it's at least interesting.

      --
      Note to ACs: I usually delete AC replies without reading them. If you want to talk to me, log in.
    3. Re:Clueless by Anonymous Coward · · Score: 0

      The long tail is simple..
      When a new product is released there is usually a spike, or fat point in the graph. As the product gets older, sales tend to decline. For example, on opening night a movie will have a large number of viewers. As the movie ages, the amount of people viewing will start declining until it reaches zero.

      You can't keep a movie in the theatres forever though. However, if you can extend the availability of the movie then you can extend the sales. Whether it's DVD rentals, online viewing, dollar theatres, etc., all of these methods can add to the bottom line of a movie because the movie is already made (no further costs) and it's already been marketed. The longer you can extend the tail, the more profitable is the movie.

      What the article is saying is that new internet phenomena such as social collaboration change the shape of the graph. If your social group saw a movie then you're more likely to see it.

      So yeah, in short. DUH.

    4. Re:Clueless by Anonymous Coward · · Score: 0

      The article (what I read of the boring thing) didn't say much of anything except "stuff one person will buy won't outsell stuff millions of people will buy"

      In short, DUH. hardly profound.

      Actually I would say you are the "clueless one".

      There are many probability distributions that arise in nature that have a cluster of high probability around a center and then have progressively less and less probability as you get further from that center.

      One example is the Gaussian or Bell curve. This can be shown to always arise from sums of random variables (even if they are not themselves on Bell curves) under certain mathematical constraints on the underlying variables. However this distribution has unusually light tails. This means that if you pick numbers from a Gaussian almost all will be near the middle. "Typical" and "Average" are similar here. Take your example of IQ - it is very unusual to have an IQ 50% above (you are a genius) or 50% below (you are in a care home) the average. There really isn't much point focusing on the tails - they don't contain much "mass". IQ is therefore not a "long-tail" phenomenon.

      In other distributions (eg Cauchy etc), a "typical" selection may look nothing like the "average" value. An average may still exist, but may not be sufficient to understand what is going on.

      For example, take 20,000 policies of US Wind Storm insurance vs 20,000 US Auto insurance - in normal years both will have claims around some average, but Wind Storm has the potential to have claims that are orders of magnitude higher. Freak events (like thousands of drivers all plowing into separate Farmers' Markets in the same year) are not key to the way auto insurers need to be run but large Katrina-like storms are the focus of wind storm carriers.

      [Side note - this distinction cannot necessarily be measured by a variance parameter or standard deviation - many "heavy-tailed" distributions such as the Cauchy do not have a variance or standard deviation at all - the relevant integral does not converge. Any finite sample from such a distribution will have a "variance" but it will be meaningless]

      This is essentially the argument here. Everyone agrees there are popular "blockbusters" and a tail of less popular stuff. The question is does the tail fall away very fast and so become irrelevant (like IQ or the claims on the portfolio of auto insurance) or more slowly (like claim size for US wind portfolio). This has a big impact on how retail businesses should operate.

      Who is right? I don't know. But I do at least understand the question.

    5. Re:Clueless by Anonymous Coward · · Score: 0

      TL;DR

    6. Re:Clueless by ZombieWomble · · Score: 3, Interesting
      While your point is somewhat valid, you're missing the crux of the argument presented in the original Wired article, which went somewhat beyond the simle "smaller costs make rarer sales profitable"

      The idea was not only that the internet would enable sellers to tap into this market more effectively (through lower costs) but also that this would in turn lead to the tail becoming yet larger (both because increasing number of items sold means more potential sales, and because these rarer items may pick up additional momentum and sell more copies, thus giving more events with higher frequencies) as compared to the "blockbuster" events, which suffer due to increased choice.

      More specifically, the issue is not "stuff one person will buy won't outsell stuff millions of people will buy" but rather "will many items purchased by a few people exceed the sales of a few items purchased by many people", given improved choice. The long tail hypothesis as presented in the Wired article says yes (or, at least, that the few-selling items will gain ground in the scenario presented by the internet) but evidence in this article says no. Perhaps still not the most shocking discovery in the world, but certainly a bit more than the trite discovery you make it out to be.

      Also, as an aside, IQ is a very bad choice to illustrate the "long tail" because IQ is by definition normally distributed, and thus has a relatively short tail, as such things go - a long tail distribution is typically characterised by a significant slowdown in falloff as you move further from the median.

    7. Re:Clueless by Dulimano · · Score: 1

      You are the clueless one here. See some of the other replies to your post, most of them do have a clue. It is a shame that currently you are modded to the top, and they were not even moderated. New Scientist is prone to sensationalism, and this field is often misrepresented in the press. So I was actually quite surprised to see an informative and accurate piece such as this.

    8. Re:Clueless by An+Onerous+Coward · · Score: 2, Interesting

      I'm not sure how convincing the article's evidences are. For example, a study that says 0.4% of an online catalog are responsible for 80% of sales sounds damning. But where is the traditional sales outlet with 13 million items for us to compare it to?

      I believe Wal-Mart stocks about 5000 CDs, or about 50,000 songs. That's roughly equivalent to the 52000 songs that constituted 80% of the online retailer's sales. But in Wal-Mart's case, 50,000 songs generate 100% of sales. So the dredges of that online catalog do generate a large number of sales.

      If a song has a, say, 98% chance of only generating two or three plays (and zero sales), it's probably worthwhile to keep it in the catalog, just in case it breaks out. But to me, such numbers don't show that the site carries 98% crap. It's more likely that the site just isn't making the songs discoverable enough, or that they're not providing much incentive to explore.

      If I were running such a site, and I wanted to get a better understanding of the hidden side of my catalog, I might offer random shoppers the opportunity to listen to five random-but-obscure songs (perhaps filtered by genre), rate them, and get a free download in return. They could also buy the songs at a discount if they liked it enough. That might give me more knowledge, which I could use to make better recommendations.

      There might also be a way to stagger prices so that sales-free songs go for trivial sums ($.10 for the first purchaser, $.12 for the second, etc.), just to encourage dumpster diving.

      The point is, the tools can be crafted so as to encourage the Long Tail phenomenon, or to undermine it. If the site doesn't have at least a "listen to something totally random" button, don't expect much out of the tail.

      --

      You want the truthiness? You can't handle the truthiness!

    9. Re:Clueless by DNS-and-BIND · · Score: 1

      Please quit quoting the discredited studies on IQ as a bell curve - it gets used by the wrong kind of people to promote the worst kind of racism. There was a widely distributed book (unfortunately) that advanced this theory, and it served no purpose other than to justify the comfort of people in power. In a just society, this book would have been suppressed (by legal means, i.e. no publisher would have taken it) but in the USA, it's business as usual, anything that bashes brown people is instantly popular everywhere.

      --
      Shutting down free speech with violence isn't fighting fascism. It IS fascism!
    10. Re:Clueless by jd · · Score: 1

      It's interesting, but predictable (in hindsight). Look at cable television. The US has thousands of channels, but most of them show extremely similar material, if not the same. The capacity to have choice should have, if the Long Tail was correct, engendered choice. In practice, it didn't. As Britain went from BBS's 1 and 2, and ITV, to five terrestrial channels and an ungodly number of satellite stations, the quality of broadcasts has dropped, not risen. The increase in the range of options has led to a reduction in the ability to choose something desirable.

      Radio stations show another aspect to all of this. Most radio stations are now owned by a tiny handful of owners, like (Un)Clear Channel. Very few people bothered supporting their local station and very few people complain about the absolute uniformity in things like playlists today. The explosion of apparent choice has killed off the real choices.

      I believe the Long Tail could be made to work profitably for on-line vendors, but not until this sort of apparent paradox is resolved. You have to start by making it harder to have stores mass-produced by a virtual xerox. There have to be incentives of some sort to encourage diversity and specialty, as that is when you can really maximize sales on obscure stuff - concentrate it in a few places rather than mush it over everyone.

      --
      It's a small world and it smells funny; I'd buy another if it wasn't for the money; Take back what I paid (SoM)
    11. Re:Clueless by droptone · · Score: 1

      Do you even know what The Bell Curve said? It wasn't radical in claiming that IQ scores are distributed on a normal (or bell) curve. The (main) radical portions were (a) that IQ is a good predictor of various life outcomes, (b) racial IQ differences and (c) that high IQ folks were being distanced from society. In all the objections to IQ, The Bell Curve and/or intelligence testing I have yet to see someone claim that modeling IQ scores on a normal distribution was outrageous. I am ashamed such a thing would come from this site.

      --
      Every post I make begins with the assumption P=~P.
    12. Re:Clueless by martin-boundary · · Score: 1

      Also, as an aside, IQ is a very bad choice to illustrate the "long tail" because IQ is by definition normally distributed, and thus has a relatively short tail, as such things go - a long tail distribution is typically characterised by a significant slowdown in falloff as you move further from the median.

      Your aside is wrong. IQ, like any numerical statistic that can be measured, is not "by definition" normally distributed. Not everything is normally distributed in the world - that requires certain prerequisites which are described by the Central Limit Theorem of statistics.

      If you wish to assert that IQ is normally distributed, then you need to invoke some real physical effect which guarantees the sufficiently fast convergence to the normal distribution, which I suspect is nontrivial, since many if not most distributions which arise from experimental social ranking studies have long tails (eg try googling for the Pareto distribution).

    13. Re:Clueless by Anonymous Coward · · Score: 0

      I think that we still need to distinguish between two claims:
      1) The graph follows a Power law distribution.
      2) The graph has a small variance.

      Which of the two claims is rejected in the article?

    14. Re:Clueless by mcgrew · · Score: 1

      Please quit quoting the discredited studies on IQ as a bell curve

      If the studies are discredited, then please edit the wikipedia article on IQ with a better graph, because the one there (linked) is a perfect bell shape.

      it gets used by the wrong kind of people to promote the worst kind of racism.

      That's hardly reason to misrepresent reality.

      In a just society, this book would have been suppressed

      In a just society NO book would EVER be repressed.

      I haven't read the book in question (indeed have never heard of it) but if one thinks about it, it's pretty obvious that poor people of any race will have lower IQs than the median (median < > average). Most mental retardation isn't genetic or hereditary, but is caused by accident, disease, malnutrition, drug (especially alcohol) use by a pregnent woman -- all of which the poor, by their very circumstances, are more prone to.

      My IQ at one time was 142, but I suffered brain damage in an auto accident in 1976. I don't know what it is now (there was signifigant healing) but a year after the wreck it was measured at 133.

      My oldest daughter was born with her umbilical cord around her neck. Her IQ was measured at 65. My youngest's is 132.

      Racism is a tool of the rich to keep the poor at each other's throats and away from those who are actually opressing them. Black people aren't poor because they're less intelligent, they're less intelligent because they're poor. Oprah Winfrey isn't likely to drink while pregnant, but a woman of any race who has the sort of horrible life normally lived in the ghetto is likely to seek an escape.

    15. Re:Clueless by Kindaian · · Score: 1

      Not exactly. After warehouse cost, you have to consider shelf space... And the internet mangles all this, because, warehouse cost can become very cheap (due to centralization and better logistics) and shelf space is equal to all products (if you discount promotions and special publicity). This theories are all very nice and dandy, but in the end, you better do a reality check... ;)

  17. Seriously by Thelasko · · Score: 3, Insightful

    are you going to sit at your computer and listen to every sample iTunes has to offer and pick out the ones you like best, or are you just going to buy what your friends recommend?

    --
    One of our competitors trademarked the term "hypothesis". From now on, we will call them "boneheaded ideas".
    1. Re:Seriously by Anonymous Coward · · Score: 2, Funny

      friends?

    2. Re:Seriously by Anonymous Coward · · Score: 0

      I think you're forgetting that change doesn't happen overnight. The whole point of the Long Tail debacle is to get people to form niches by participating on the internet (often web 2.0 style).

      I think what's happened is that niche-adaptable markets haven't developed yet. ie Kevin and his garageband may have a myspace but they don't really engage into what the market/internet requires of them. But that's just my 2.

    3. Re:Seriously by drsquare · · Score: 1

      buy?

  18. I don't think so by the+eric+conspiracy · · Score: 5, Insightful

    The markets studied in this work are notorious for being driven by short term fads. Online downloads are by predominantly ephemeral pop music, and a study of 14,000 teenagers? These are the people most influenced by peers and the 'so last week' attitude, They haven't had the time to explore and broaden their outlook.

    Try getting a more diverse sample and I think that the long tail will look a lot fatter. People in their 30's and up have had time to develop far more diversified tastes and will have much more eclectic buying habits.

    Pick a cohort of 14,000 boomers and you will see something very different.

    1. Re:I don't think so by fruey · · Score: 1

      Good point, I think that boomers (and niche sites that sell for pennies / give stuff away) are the long tail, and that is absent from classic retailers - even Amazon.

      There is a good point about how Amazon do have a lot of stuff that just doesn't sell at all though. People still flock to what is popular, basically.

      --
      Conversion Rate Optimisation French / English consultant
    2. Re:I don't think so by the+eric+conspiracy · · Score: 1

      It seems to me Ebay would be a good place to study the fatness of the tail.

  19. They ignore personality by greg_barton · · Score: 3, Interesting

    There's a certain segment of the population that enjoys finding obscure stuff. I'm not sure of the size, but I'd guess it's about the same size as the introverted segment of the population, around 25%, as the two behaviors are somewhat correlated. (i.e. folks who actively stray from the herd socially are more likely to express interest in consumables that are different from the herd's preferences) So, given that assumption, the drivers of a long tail market, "funky stuff seekers," could be overpowered by the general population.

    On top of that, it's my guess that researchers in this area, as researchers in most areas, tend to be "funky stuff seekers" themselves. (I mean, it's their job to search and speculate on the edge of their field of study.) So, right off the bat, there's a bit of inherent bias in interpreting the effect of their cohort on the market. In other words, they're following the non-herd herd. :)

    1. Re:They ignore personality by eth1 · · Score: 1

      But all of the buyers of obscure stuff don't need to be funky stuff seekers. One funky stuff seeker could introduce the funky stuff they find to the others that might buy funky stuff, but not actively seek it out.

  20. Another way to say it... by markov_chain · · Score: 1

    Doubts geometrically increase about the "long tail" :)

    --
    Tsunami -- You can't bring a good wave down!
  21. Mod parent up! by Anonymous Coward · · Score: 0

    That is absolutely perfect. This perfectly defines it.

    1. Re:Mod parent up! by Anonymous Coward · · Score: 0

      Parent will also be a great politician too!

  22. it's used for both by Trepidity · · Score: 1

    Many long-tail proponents argue that the two meanings you discuss are related: when distribution/stocking costs for obscure works go to zero, it can be profitable to stock/sell them, and therefore they will actually be stocked/sold by online retailers. Since this makes the works much more readily available than previously, their sales will (collectively) go up.

    The hypothesis is that the reason the top N works account for such a large market share traditionally is at least in part the practical problems with stocking more than a certain amount of stuff at your local retailer. Therefore, the hypothesis goes, obscure works will collectively account for a larger percentage of sales once the shelf-space constraint goes away and people can buy what they would "naturally" prefer.

    The present article seems to be arguing that, even though obscure works are now easier to get, they're actually still not really being bought much. The article seems to be arguing that the constraining factor is now a sort of virtual shelf space of mind-share/visibility/recommendations, so the obscure works don't get noticed even though they are now easy to find and buy if you knew about them.

  23. Not exactly. by khasim · · Score: 5, Insightful

    "The Long Tail" did not suggest that Harry Potter would sell less. It suggested that a less well-known, or liked, book could make as much money as a Harry Potter or more because the internet would allow those who liked such things to find them more easily.

    Not exactly.

    It is the hypothesis that ALL of the non-Harry Potter books COLLECTIVELY will sell as much or more than the Harry Potter books themselves.

    Even that is wrong. It isn't a single book or a single series. It's the percentages. It is the hypothesis that the 80% of lesser selling titles will equal or exceed the sales of the top 20%. Or 90% / 10%. Or wherever you want to make the cut.

    In theory, it is easy to demonstrate. Suppose there are 2 blockbusters released in a category ... and the average person buy 10 items in that category. So, 20% of the sales would go to the blockbusters ... but 80% would go to the "long tail".

    The problem is that the average person does NOT operate that way. They might by the latest Harry Potter book ... and no other book that year. The same with music. The same with movies.

    1. Re:Not exactly. by Anonymous Coward · · Score: 0

      You have the let the tail grow a bit to add up the Harry Potter tail, and we may need to subtract current "head" content from it.... because even this soon, would we have the Twilight series without Potter?

      Twilight is a blockbuster plucked from the still-short Potter-tail and amplified.
       

    2. Re:Not exactly. by Anonymous Coward · · Score: 0

      The problem is that the average person does NOT operate that way. They might by the latest Harry Potter book ... and no other book that year. The same with music. The same with movies.

      Saying the average person wouldn't is saying several non-average people would....the exact point of the Long Tail effect; cumulatively, niche markets amount for a greater market than blockbusters.

    3. Re:Not exactly. by 16K+Ram+Pack · · Score: 1

      The problem is that the average person does NOT operate that way. They might by the latest Harry Potter book ... and no other book that year. The same with music. The same with movies.

      Not sure about that. Most people watch far more movies and hear more new music than read novels. If you look at the movie charts, the biggest films are, at least, quite good. Almost all the worst critical turkeys are also financial bombs. But with books, the big hits are rarely critical successes.

      People generally know a good movie because they get exposed to so much choice, but they don't know a good book, because they only read a small number of books.

  24. Summary Rewrite by SlashDotDotDot · · Score: 1

    fruey sends in a New Scientist analysis that questions the Long Tail theory. The theory, first described in Wired, describes how retailers with low stocking and distribution costs can profit by selling a large number of unique products to very small niche markets. But the four studies summarized in the article examine different markets and conclude that this business model may be harder to exploit than originally expected. In fact, the importance of blockbuster products which are sold to an enormous number of buyers may be growing rather than shrinking. One possible reason is that recommendation services, like those provided my Amazon and Netflix, may concentrate interest on a few items and take market share away from the niche items.

    --
    /...
  25. Long Tail != No More Blockbusters by sac13 · · Score: 4, Insightful

    The article was generally ok, but clearly not completely understanding of what the "Long Tail" means. Of course, from what I've read (including the book itself) the interpretations and applications of the theory are rather fluid anyway.

    The biggest issue I have with the article is that it seemed to be conveying that the "Long Tail" meant an end to blockbusters. It doesn't mean that at all. It just means that there's enough business in the "Long Tail" to make it profitable to sell items that weren't blockbusters given the low cost structures of Internet retailing. Amazon and iTunes both make hundreds of thousands of dollars monthly on items that only sell 2 or 3 copies. With traditional retailers, space is a limited commodity and must be devoted to items that will sell in enough volume to justify carrying them.

    Now, IANAPhd, and the article quotes quite a few that seem to disagree with the idea of the "Long Tail", but it seems the evidence they discuss is rather weak. Yes, people are influenced by others in their choices. Much of this comes from the vast history of humanity and our tendency to form social groups. The Internet has yet to truly begin to change humanity in the ways that it will. The key thing with respect to the article is the definition of what our peer groups are. Despite the global nature of the Internet, most of our peer influence is local. As more and more people around the world connect and begin to actually talk to others outside their current peer groups, those peer groups will expand and change. That is going to be a key driver in generating the diversity that the "Long Tail" predicts.

    The "Long Tail" is only beginning because humanity's experience with the Internet and the interconnectedness that it brings is only beginning. Just because it hasn't completely happened doesn't mean that it's not happening.

    1. Re:Long Tail != No More Blockbusters by An+Onerous+Coward · · Score: 1

      Actually, the Long Tail does predict that, because the obscure stuff is now available, that stuff will sell, and such sales will probably eat into the success of the blockbusters. It also expected that sub-sub-subgenres would develop and attract small communities, which would take money and attention away from more mass-appeal material.

      It may be happening. It may not be happening. It may just be taking longer than some expected. The evidence does seem preliminary at best.

      --

      You want the truthiness? You can't handle the truthiness!

  26. Missed the point by characterZer0 · · Score: 3, Interesting

    The habit (of wanting what everybody else wants) is not waning as selection and availability increase. The habit is reinforced by the increasing channels by which we can see what everybody else wants and adjust our own wants to that.

    The Internet, while logistically making the long tail feasible, is socially making blockbusters bigger.

    --
    Go green: turn off your refrigerator.
    1. Re:Missed the point by Vellmont · · Score: 1


      The habit is reinforced by the increasing channels by which we can see what everybody else wants and adjust our own wants to that.

      I didn't miss the point, I simply disagree with it.

      --
      AccountKiller
    2. Re:Missed the point by Ironica · · Score: 1

      Who missed the point? I thought the article actually made that point with discussion of the Matthew Effect and the research verifying it.

      --
      Don't you wish your girlfriend was a geek like me?
  27. Re:The Long, Fat Tail? by Anonymous Coward · · Score: 0

    The Long, Fat Tail is not the bestseller. Nowhere does its author claim that the tail is fat, and by calling it less fat than some ambiguous amount of fatness makes for a rather boring argument. Highlighted in TFA:

    "Of the 13 million tracks available, 0.4% of them account for over three-quarters of downloads"

    The real story of The Long Tail:

    "Of the 13 million tracks available, 0.4% of them account for 80% of the market, and others (the long tail) account for about 20% of the market - a market that did not previously exist."

  28. CAUTION! by denzacar · · Score: 2, Funny

    Or, you know...just search with Google for "The Long Tail".

    Googling for the "long tail" in German may have unforeseen consequences.
    Particularly if you do it at work.

    --
    Mit der Dummheit kämpfen Götter selbst vergebens
  29. But that's a simple Pareto distribution. by Sique · · Score: 2, Interesting

    ... also known (in a simplified form) as "Zipf's Law". The most popular word occurs twice as often as the second popular, three times the third popular, four times the fourth etc.pp.

    If you look at the 10% most popular words in a table, you will notice that the absolute share of the upper 10% increases, if you count longer and longer texts with more and more individual words.

    With 10 different words you get, that the first 10% make up ~34% of all words.

    With 100 different words you get already ~56,5% share for the first 10% of words.

    With 1000 words we have 69,2% share for the first 10%, with 10000 we come to ~76,5% share.

    --
    .sig: Sique *sigh*
  30. To summarize the summary by JoeCommodore · · Score: 0

    So what i sread from the summary is that Four scientist anaysis studies of long tails show that in different stores that tails are flatter and thinner than originally supposed. And blockbusters (only one I know of is the firewor) are not going away in those markets either, they will be bigger though (so much for safe and sane). Then they change the subject and talk about some filtering software that magnifies winner's share of their pies (probably employing the adage about "your eyes being bigger than your stomach"), then again peer influence is a large contributor to consuming (I'll say, aunt Ethel always tell me to have another slice of pie when I win.)

    Hmm, I know, maybe it's some sort of "tail pie" they are talking about, no mention what sort of varmint the tail is from, probably rat, they always look stalky and thick.

    --
    "Enjoy what you're doing! If it becomes drudgery, you're doing it wrong!" - Jim Butterfield
  31. The Long Tail is about the ends of the bell curve by MikeMo · · Score: 1
    It seems that most /.'rs are missing the point entirely. The Long Tail is not about making an obscure product popular, or about making blockbusters less popular. It's about being able to make a lot of money selling a very few copies of each of a lot of different titles. It's based on the assumption that the population has become so large that a even tiny percentage of people that like a given title is still a large number, and that there are a ton of tiny percentages, "micro niches", if you will, that in aggregate make up a respectable volume. The low overhead makes each sale profitable.

    Anderson gives several examples of companies actually making money in the long tail, including Netflix, which rents out a heck of a lot of movies that are not available at Blockbuster.

    I, for one, think the biggest thing that holds this back is the one mentioned in TFA - there are too many choices to be able to make a rational selection, so you buy the thing that "everyone" is recommending.

  32. Warez by retech · · Score: 2, Insightful

    The internet does not increase taste. It may increase choice, but the tastes of people remain the same. If you appeal to the lowest common denominator you flood the market.

    Case in point, warez sites. Troll them for 30 minutes and you'll be hard pressed to NOT find a flood of the same 10 movies, CDs, books etc. Even when stealing the product people do not go for the avant-garde or the art house, they go for the same 10 things that are hot.. NOW. Yes, you can find the other obscure stuff, but you have to dig long and hard for it. And in the end, it's the same very small circle of people that do that. The masses want what they want. It's called MASS APPEAL for a reason.

  33. Where do free items fit in? by hemp · · Score: 1

    The Curious Case of Benjamin Button is available online free courtesy of Univ of Virginia:

    http://xroads.virginia.edu/~HYPER/Fitzgerald/jazz/benjamin/benjamin1.htm

    How does that figure into the tail?

    --
    Skip ------ See the latest from http://www.anArchyFortWorth.com
    1. Re:Where do free items fit in? by CyberLord+Seven · · Score: 4, Insightful
      Ummmm. I don't like watching movies or television shows on a computer. That's why I buy (yes, I actually pay) for DVDs.

      Or, at least, I used to. A few years ago I got sick and tired of being FORCED to watch advertisements for movies I will NEVER watch, and FBI warnings that mean nothing to me. So, I stopped buying DVDs.

      Now I just watch them at the theatre if I think they will be good or just wait for them to appear on U-Verse.

      ***offtopic***Will someone tell those ass-wipes in Hollyweird that they are losing valuable customers with this practice of putting in useless ads and trying to force people to watch them. I have DVDs that are getting long in the tooth and it's kind of sickening to see ads for movies that have come and gone. Why can't things be like my DVD of The Matrix? When I put The Matrix into my DVD Player, the thing starts at the movie! What a unique concept! DUMBASSES!

      Don't even get me started on Blu-Ray. I'm supposed to buy my movie collection again just to get innundated with the same crap?***offtopic***

      --
      We have always been at war with Eurasia!
    2. Re:Where do free items fit in? by Anonymous Coward · · Score: 0

      What's with all the words? I thought The Curious Case of Benjamin Button was a MOVIE?!

      I'm not reading this crap. That could take a week!

    3. Re:Where do free items fit in? by CohibaVancouver · · Score: 1

      Will someone tell those ass-wipes in Hollyweird that they are losing valuable customers with this practice of putting in useless ads and trying to force people to watch them.

      Someone did. If you put a DVD in today and it starts playing trailers 99 times out of 100 if you press menu or skip it will take you straight to the DVD menu. A few years ago you were forced to watch that crap, but generally not any more.

    4. Re:Where do free items fit in? by corbettw · · Score: 1

      Universal DVDs start with a splash screen, asking if you want to watch previews. After a few seconds, it goes on to the menu (and you can load up the previews from there, if you so desire). So that's one movie company that gets it.

      --
      God invented whiskey so the Irish would not rule the world.
    5. Re:Where do free items fit in? by gilgongo · · Score: 1

      Don't even get me started on Blu-Ray. I'm supposed to buy my movie collection again just to get innundated with the same crap?

      I take it you have not discovered the alternative.

      --
      "And the meaning of words; when they cease to function; when will it start worrying you?"
    6. Re:Where do free items fit in? by Anonymous Coward · · Score: 0

      You could always do what I do. I purchase the DVD of a movie that I enjoy. I then rip the DVD onto a computer and use software to strip out all the non-essential crap they insist on adding to it, compress it down a little bit (this step varies by how 'cool' I feel the movie is and if I'm willing to put up with artifacts in it or not), and then toss it onto my MythTV box. That way I still manage to give money to the company to support future movies that I may enjoy, but without having to put up with 15 minutes of annoying crap every time I watch one!

    7. Re:Where do free items fit in? by Floritard · · Score: 2, Interesting

      Yea no. That's better than say Disney and their offensive attempts at disabling parts of your remote during their previews, but it's still a far cry from ideal.

      Remember when DVDs first came out? You could watch previews, if you actively looked for them on the disc. They were often sequestered in the special features menu. Which is ideal because trailers for future movies have a shelf life of a month or two. Whereas the movie you purchased is meant to last for years. That was the whole point of buying it in the first place. Once DVDs got a foothold in the market companies began forcing previews down your throat. They don't care that you really like this movie and intend on watching it multiple times over the years. They just want to make sure you see the new product they have coming out.

      The new product which, if you're at all of discerning taste, is likely to be garbage. Garbage that parades around in front of you again and again each time you try to play your beloved movie. Anymore I just rip movies to my media server immediately after I get them. Then the next time I want to play the movie, it just starts. It starts up and I'm just there, in the movie. The whole point of the exercise in the first place. Every once in a while I just place the disc in the tray and play it the old fashioned way. And often I'm amazed how much useless bullshit I have to flip through to get to the fucking meat.

      You can call it nitpicking. It's a very small amount of your time they're wasting. Any particular instance of it is insignificant. But think about the aggregate amount of time and energy wasted on such things over the course of the lifetimes of all consumers. For something that moves as fast as the modern world does, those little moments are more precious than people tend to realize. Especially when it is something that ultimately benefits neither party (spent, worthlessly old advertising). I paid you. Stop fucking with me and let me enjoy my purchase.

    8. Re:Where do free items fit in? by Ed+Avis · · Score: 2, Insightful

      It's not Disney who are disabling your remote. It is your remote control and DVD player that are broken. Disney are simply exploiting flaws in the player to make you watch what they want.

      Why can't you buy a DVD player that has more sensible behaviour? Because of the DVD cartel that insists on this anti-user behaviour. If there were a competitive market in DVD players (e.g. if the necessary patents were licensed at the same rate to all manufacturers, regardless of whether they implement region coding or no-skip or other obnoxious features) then this crap would soon disappear.

      Blaming Disney is a distraction. Focus on the real source of the problem. It's the same thing as blaming movie studios for not letting you watch a film on a non-HDCP display, when in fact it is the operating system (Windows Vista or Mac OS X) that enforces this restriction on you.

      --
      -- Ed Avis ed@membled.com
    9. Re:Where do free items fit in? by Raenex · · Score: 1

      Now I just watch them at the theatre if I think they will be good

      I have stopped going to the theater years ago, but when I went they would start the picture 20 minutes late after showing trailers and commercials.

    10. Re:Where do free items fit in? by Anonymous Coward · · Score: 0

      I really enjoy the previews on the dvd's. I also enjoy the previews at the theater. I try to get there to make sure I watch them.

      And on the DVD's... one button for Main Menu... previews are over. not forced to watch them.

    11. Re:Where do free items fit in? by nmx · · Score: 1

      Blaming Disney is a distraction. Focus on the real source of the problem. It's the same thing as blaming movie studios for not letting you watch a film on a non-HDCP display, when in fact it is the operating system (Windows Vista or Mac OS X) that enforces this restriction on you.

      This goes both ways. No one is forcing Disney to use the "disable skip" feature. HDCP is required by the hardware (at least for Blu-Ray). Who do you think pushes for things like HDCP? The studios. Yes, that includes Disney. The operating systems wouldn't enforce these restrictions if the media companies weren't pushing for them.

      --
      "Well kids, you tried your best, and you failed. The lesson is, never try."
    12. Re:Where do free items fit in? by Anonymous Coward · · Score: 0

      Now I just watch them at the theatre if I think they will be good or just wait for them to appear on U-Verse.

      Umm, don't they show ads at the beginning of the movies at theatres as well? So what have you gained?

    13. Re:Where do free items fit in? by el+americano · · Score: 1

      Will someone tell those ass-wipes in Hollyweird that they are losing valuable customers with this practice of putting in useless ads and trying to force people to watch them.

      If their accountants tell them they are making more money with advertisements than they are losing in sales, why would you expect them to stop doing it? That is why you get commercials on cable channels. They eventually figure out how much annoyance people will put up with, and that's how much you get.

      You need to reclaim the time they are stealing from you. Backing up the DVD will extend the life of the original and skip the menu entirely when you watch. Tivo or its equivalent will commercial skip and time-shift the small fraction of TV worth watching.

      --
      Those are my principles. If you don't like them I have others. -Groucho Marx
  34. The long tail is zipf by swm · · Score: 1

    The usual formulation of the long tail thesis is that sales volume for items follows a zipf distribution. I didn't see anything in the article to contradict that.

    The article holds up the continued existence of blockbusters, like Harry Potter, and evidence against the long tail. However, there must be blockbusters in a zipf distribution--otherwise it isn't zipf.

    Every retailer truncates their own tail at the point where sales volume becomes too small (relative to fixed costs) to be profitable. Anderson's original observation wasn't that the internet was going to make the long tail longer or fatter (that wouldn't be zipf, either). Rather, it was that brick-and-mortar retailers and on-line retailers have different cost structures, and that as a result, the truncation point was going to be a lot further out for on-line retailers than for brick-and-mortar retailers.

  35. Humans are so fickle by swm · · Score: 1
    FTA:

    Watts thinks that the films we watch or the music we listen to is not entirely, or even mostly, about the thing being consumed. It is about the social context in which we consume it. "If you're dating a girl who likes AC/DC, you might start listening to AC/DC. With another girlfriend, you might be listening to Aerosmith," he says.

  36. The internet enables both approachs by olddotter · · Score: 1

    "Word of mouth" spreads faster on line and so something popular can snowball bigger faster and faster in the internet age. The fat part of the tail.

    But the net also allows people with unique tastes to find unique objects to satisfy them. That is the long thin tail.

    I personally hate shopping at the modern American mall where I get to pick which of 6 different retailers I buy the same product from. Who thinks that is about choice?

  37. Long Tail is not an *automatic* win by IGnatius+T+Foobar · · Score: 3, Insightful

    The long tail is alive and well. I think some people seem to have gotten the crazy idea that implementing it meant that you'd have an automatic win. In reality, most of the basic rules of business still apply. You still have to deliver a quality product at a fair price, you still have to provide good service and a friendly buying experience ... in short, you can't be a piece of crap e-commerce company and still expect that the world will beat a path to your door simply because you offer a huge selection. Amazon got it right. iTunes got it right. The basic premise of Long Tail still holds water: if you can connect a near-infinite number of buyers with a near-infinite number of selections, then you don't have to be the market leader selling the big blockbuster hits in order to turn a profit. But you can't suck either; Long Tail doesn't change that.

    --
    Tired of FB/Google censorship? Visit UNCENSORED!
  38. Costs transfers? by Anonymous Coward · · Score: 0

    The assumption here is that the total overhead costs of popular vs non-popular items can really be reduced to zero by the retailer.

    Perhaps to Amazon or to any other virtual retailer, the overhead costs can and do become nearly zero per item, and identical between products (that is, itemwise, it's the same effort for Amazon to sell a Harry Potter as anything else). The implicit assumption seems to be that Amazon's point-of-view vis-a-vis 'costs' is what will draw the-long-tail.

    But this is not the end of the supply chain. All costs related to shipping or lead times are passed on to any potential consumer. Rare items may now be available, but that does not mean their total cost of aquisition is lower than very popular books. An obscure title will still be more difficult to ship or print, and may be second hand. That rare items can be had, is now a possibility - that rare items can be had at the same total cost and convenience to the consumer, is not. That the rare items are, in the end, still more costly and less convenient will dissuade any consumer away from their consumption, despite that Amazon can process the transaction with equal facility.

    To that end, the warehousing costs are really just transformed into shipping, quality, and convenience costs, all of which are transferred to the end user. Thus, for non-virtual items anyway, I wouldn't expect as strong a long-tail effect as predicted. As for virtual products like music sales.... Who can list of more than 10,000 songs anyway???

  39. A Personal Observation by Dripdry · · Score: 1

    Perhaps what the Long Tail Theory postulates is that people will somehow stop having a herd mentality once their experiences can be tailored on a whim. However, given that man is a social animal, I don't know whether (or how much) this change will occur.

    Personal observation has been that people simply don't have the time these days to dig deeper. Pardon my acting a bit ignorant, but just as many people do not examine their own actions and lives, so too do they not examine many of the things they consume. People are not wired to "dig deeper" for more things they like, they are wired to extract pleasure from entertainment right now. Even people I know who are into obscure things do not seem to dig deeper (like bad movies, for instance).

    It takes an intrusive event in someone's life to open them up to new ideas, and people don't like change, even when it obviously makes sense in scientific black and white. I see it in finance every day (when you say "Sir, if you do X you can save yourself thousands of dollars a year in taxes (or whatever)" and Mr. Sir simply won't do it. It's infuriating!) and it seems to occur in hobbies and interests as well. It's something I've been witnessing in myself and others for a long time.

    --
    -
  40. Long Tail == A very old Tale. by mevets · · Score: 1

    The Long tail is snake oil; wishful thinking encapsulated in a sound bite. Mr Anderson has certainly demonstrated how to profit from the "Long Tail", however the business model is really restricted to just himself.

  41. Pandora vs. iTunes by jbolden · · Score: 1

    Music is a tough business since music taste is built by repetition. Certainly though Pandora has expanded the range of music I listened and introduced me to groups that I would like but didn't know about. Classic long tail.

    But Pandora doesn't sell music. iTunes conversely I don't buy from anymore after annoyance with their DRM. It looks like Pandora/Amazon cross links are starting to work better and then we'll see about the long tail.

    1. Re:Pandora vs. iTunes by Repossessed · · Score: 1

      In my experience Pandora pushes me closer to the mainstream. It does have very obscure music on it, but as I make choices about what I do and don't like from a starting point, I always seem to end up listening to Pat Benetar or The Beatles. Which I like, but I already know I like them. I grew up listening to them.

      --
      Liberte, Egalite, Fraternite (TM)
    2. Re:Pandora vs. iTunes by jbolden · · Score: 1

      My experience is the opposite, I start with (the equivalent of) Pat Benetar and it ends up suggesting some German rock group that sound just like her. And pretty quick I'm into this German group and....

    3. Re:Pandora vs. iTunes by Repossessed · · Score: 1

      I'll have to try it that way.

      --
      Liberte, Egalite, Fraternite (TM)
  42. The problem with "in theory" by Moraelin · · Score: 1

    In theory, it is easy to demonstrate. Suppose there are 2 blockbusters released in a category ... and the average person buy 10 items in that category. So, 20% of the sales would go to the blockbusters ... but 80% would go to the "long tail".

    And that just illustrates the problem with thought experiments to "prove" anything. If you can make up the numbers or handwave in anecdotes and "common sense" in as "data", you can prove any bloody thing imaginable.

    E.g., Aristotle "proved" that women have (as in, are born with) less teeth than men.

    And that, in a nutshell, is why experimental validation is needed.

    And I wish more people exercised some healthy scepticism when some bullshitter tries to sell the next snake oil. Because whether it's the Long Tail, or Web 2.0 (the original one, not the "lots of javascript and new tech" thing it's been hijacked into), the Dot-Con bubble rationalization, or whatever other bullshit of the century, that's been the recipe: handwave through some anecdotes, "common sense" and made up numbers instead of any hard data.

    --
    A polar bear is a cartesian bear after a coordinate transform.
    1. Re:The problem with "in theory" by mpe · · Score: 1

      And that just illustrates the problem with thought experiments to "prove" anything. If you can make up the numbers or handwave in anecdotes and "common sense" in as "data", you can prove any bloody thing imaginable.
      E.g., Aristotle "proved" that women have (as in, are born with) less teeth than men.


      Which was quite a trick considering the concept of zero didn't come of Europe until several thousand years later and the concept of a negative number of teeth would be interesting.

      And that, in a nutshell, is why experimental validation is needed.

      The experimental validation needed to check some of the ideas Aristotle came up with isn't exactly difficult. But no-one appears to have bothered for a long time.

  43. The was observed by Shirky by gilgongo · · Score: 1

    Anyone wanting to get a better understanding of this needs to read around a bit more.

    "... inequality can arise in systems where users are free to make choices among a large set of options, even in the absence of central control or manipulation. Inequality is not a priori evidence of manipulation, in other words; it can also be a side effect of large systems governed by popular choice. ... the debate on media concentration can now be sharpened to a single question: if inequality is a fact of life, even in diverse and free systems, what should our reaction be? "

    --
    "And the meaning of words; when they cease to function; when will it start worrying you?"
  44. Living in the tail by Fantastic+Lad · · Score: 1

    Your observations match mine.

    The thing I find most. . , curious, (I almost said 'maddening') is that I find the same forces live strong inside me. When presented by an obviously superior idea, my first instinct is to look around to see who else is using and benefiting from it. If nobody, then fear and doubt set in and it takes a shit-load of internal chutzpah herding to bring myself to jump. Then, even after it works and life gets that much better, I find I still actually have to sell the idea to others, not so that they'll adopt it themselves, (that's their business, not mine), but rather simply so that I'll not have to suffer ridicule and social exclusion. --Though, the sell job can be achieved quite easily if you know the tricks; herd mentality is automatic, and so the same stupid tricks apply to every cow and they nearly always work. If you have the patience and if you care enough to bother trying. Sometimes it's just easier to ignore people and let them laugh while your water-car burns no gas. (I don't have a water-car, but you see the point).

    It's actually very relaxing and fun when my tastes and rationale happens to land on a blockbuster bit of popularity. It's very nice when you can run with the herd and not feel like you're selling yourself short or that you're being a hypocrite. This doesn't happen very often, though, since most consumer-grade popularity is horseshit. I find I grind my teeth at most of the popular crap on the market and it takes a lot of will power to not be actively infuriated with humanity most of the time. The other side, however, is to adopt a condescending, "Awww, look at the silly, charming little hobbits," kind of attitude, which is just as bad because while there is no anger, there is no respect either. It's a tough razor to walk, respecting people and the learning process of life and not judging anybody.

    The nice thing, though, is that the 'Long Tail' is actually quite well populated. It's sort of a herd which you can't run with exactly, but which you can really love and respect and have intelligent conversations within. Often, sharing or 'cross-pollinating' your favorite media and ideas is really rewarding. People living in the tail discover and share all kinds of great stuff, and none of it is Harry Potter.

    -FL

  45. Author has a fetish? by Anonymous Coward · · Score: 0
    "vibrating ladybird-shaped massager."

    .

    HINT: isn't that just codeword for a female vibrator? Obviously the author had been shopping for those hard to get items...

  46. Long tail + music industry? "as if".. by steppin_razor_LA · · Score: 1

    I worked for Warner Music Group a number of years ago and it was common knowledge that a *very* small % of the catalog was responsible for most of the profit (I no longer recall the numbers). The fact that the long tail doesn't apply to the music industry hardly seems like news to me.

    --
    Evolution: love it or leave it
    1. Re:Long tail + music industry? "as if".. by Repossessed · · Score: 1

      A) If I'm looking for obscure music, why would I go looking in Warner's catalog? With one exception, none pf my obscure music is owned by a large label, and frankly, fiinding the piece that was took a long time.

      B) How much of Warner's Catalog is even available? The average is less than 4%.

      --
      Liberte, Egalite, Fraternite (TM)
  47. Long tails definitely work for pr0n by Dr.+Spork · · Score: 3, Insightful

    I remember years ago when porn customers were happy enough to see a video of good looking people having sex. Now I have the impression that entire companies are surviving off the money of "long tail" customers who want to see shemales fuck midgets inside of a walk-in freezer.

    And as we all know, where porn goes everyone else follows.

  48. Author's data don't support his conculsion so well by Anonymous Coward · · Score: 0

    "... They found that of the 13 million tracks available, 52,000 - just 0.4 per cent - accounted for 80 per cent of downloads. The overall pattern of demand showed nothing like the shift towards a long, fat tail postulated by Anderson. In fact, it showed the reverse: it followed what is known as a log-normal curve, characterised by a sharp spike of best-selling blockbusters that rapidly tailed off into nothing. There was an added irony to Page's findings. If an average album holds 12 tracks, 52,000 songs equate to about 4300 CDs - according to Anderson's Long Tail book, about the number of titles stocked by Wal-Mart, the largest bricks-and-mortar retailer in the US."

    Did you follow the mistake he made? He assumed that each 12 downloads corresponded to ONE album instead of being from 12 different album, which is not how online music sales work.

    So throwing away this garbage estimate, %80 of online music sales don't represent the same number of cds as wallmart stocks they represtent up to 12 TIMES as many cds as Wallmart stocks (but probably they more like 4 or 5 times).

  49. A little bit of both by phorm · · Score: 1

    Possibly what friends suggest, but actually it's more likely to be something that I've heard and liked. Increasingly, this is whatever has been online for free (demos), on internet radio, or possibly available through podcasts, etc.

    Will you listen to all the samples on iTunes? Probably not. But a lot of online services offer
    "people who like X also listen to Y" type information, and these days that may lead away from the big boys and to some less well-known, but still well-followed band.

  50. Common editors, you can do better... by Pr0xY · · Score: 1

    Usually slashdot editors do a *decent* job. Sure sometimes they do a sub-par just, but who doesn't.
    This article on the other hand has a terrible summary. If a reader (such as me) is not familiar with what "long-tail" means, it is impossible to find out without following links to other pages.

    At first glance I thought the article was talking about evolution, but that didn't make much sense. Then blockbusters were brought up and I got even more confused. Finally I decided to follow the link to the original article to find out what the heck they were talking about.

    A summary should give a reader a basic idea of the article, and this time they failed miserably.

    Like I said, you can do better.

    1. Re:Common editors, you can do better... by grikdog · · Score: 1

      So what's it about?

      --
      ``Tension, apprehension & dissension have begun!'' - Duffy Wyg&, in Alfred Bester's _The Demolished Man_
  51. This will change by cliffski · · Score: 1

    They don't operate that way YET. But remember we are in the 'early days' of the web. When me and my wife looks for a new film to rent, we go by the recommendations associated with movies we've enjoyed at sites like amazon. We often end up renting movies that we have never,ever vaguely heard of anywhere, and often really like them.

    This is only possible because of Amazon's huge stock list, and computerised recommendation systems.
    If my 60 year old mother rents a movie, she walks into a B&M store and picks something from their limited stock. Also, if she is going to buy my a Christmas present, it will be from a B&M store, as she doesn't use the web.

    The web is slowly getting to become the dominant means of content delivery, but right now a lot of people rely on newspaper, TV and the old blockbuster-focused channels. Eventually, these channels will die out, and the people who aren't net-savvy will die.

    The long tail makes a huge amount of sense, the book is just predicting what will be happening over time, not a phenomena that has totally taken over from the old system already.
    give it time.

    --
    DRM-free indie games for the PC and Mac: Positech Games
    1. Re:This will change by Ironica · · Score: 1

      They don't operate that way YET. But remember we are in the 'early days' of the web.

      The long tail makes a huge amount of sense, the book is just predicting what will be happening over time, not a phenomena that has totally taken over from the old system already.
      give it time.

      My thoughts exactly. The fact is, even among people who do use the internet routinely, they don't shop any differently just because the internet is there. My mother *lives* by her email, and does all her holiday shopping online.

      But the other day, she asked me if I had a thought on where she should go to look for an obscure component for some home device (maybe it was a special light bulb? I forget). I said, "Well, I'd start with Google" and she looked like she'd been hit by lightning. She said it never even *occurred* to her to look online.

      My ILs are even worse. Yes, they use email all the time, and they frequently buy things online too... but when it comes to finding something random or obscure, they're just not in the mode of thinking "The Internet sells EVERYTHING."

      OTOH, I'm a member of some online attachment parenting communities. There are a lot of products... baby slings, cloth diaper covers, chem-free detergents... that are very commonly used in those communities, and everyone knows where to buy them (online). They're not at Babies R Us, though, and probably never will be. This is the Long Tail: the Babyhawk XT may be a "blockbuster" mei tai wrap among babywearers, but "babywearers" are a small niche market altogether. Without the internet, though, they wouldn't get to be much of a market at all, because their buying power is too dilute in the physical marketplace.

      --
      Don't you wish your girlfriend was a geek like me?
  52. The article and lots of comments are short sighted by Anonymous Coward · · Score: 0

    I'm amazed by how skeptical /.ers turn out to be about such an obviously valid concept.

    What a lot of commentators who dismiss the long tail seem to forget is that it takes time to create a culture where a massive amount of the populations moves online for their discovery and purchasing habits AND for entrepreneurs to catch on and apply such a contemporary concepts to their products. If you want to sell within the long tail you have to adapt your store or website to be able to cope with trends, you have to be pro-active. Change, especially for such habitual behavior that are taken for granted, takes its time, expressed in years.

    The dismissing of the long tail here is reminding me of the people who said planes would never become commercially viable back in 1905. It's simply very short-sighted. You can't come to any conclusion based on so little contemporary data because it doesn't take the adaptation cycle into account.

    There's a whole world that starts from the point where your nose ends, to those dismissing new ideas and concepts at face value: try and take notice of it.

  53. I liked the 'study of enforced small groups' by gurps_npc · · Score: 1
    Specifically, the realization that in randomly selected groups, different songs would go blockbuster.

    I wonder to what exten that works?

    Specifically, I think that there are two kinds of blockbusters: "Best of the Rest" and "SUPERIOR". It's kind of like comparing Harry Potter to Twilight. No insult to Twilight, it did a great job making it, but frankly ten years from now, Twilight might be one of those 'hard trivia' questions, while everyone over the age of 20 will STILL remember the basic plot of Harry Potter.

    I bet that that the 'SUPERIOR' stuff would have made it to block buster status in all of the randomly selected groups. It is only if we don't have something clealry superior and worthy of being the best seller do we get blockbusters that vary acroos groups.

    --
    excitingthingstodo.blogspot.com
  54. Re:Multiply! by TaoPhoenix · · Score: 1

    Rule 34 comes to Doubts!

    --
    My first Journal Entry ever, in 8 years! http://slashdot.org/journal/365947/aphelion-scifi-fantasy-horror-poetry-webzine
  55. That's super... by tjstork · · Score: 1

    I'm glad to know that an indy gamer can make a living and it gives me hope to try with something worth the sale.

    --
    This is my sig.
  56. please read below by Anonymous Coward · · Score: 0

    I am sorry gentlemen(women), but we have replaced the if or what with one catch term: evidence based (medicine), it is only the end game that matters whether or not you understand the process or not. All healthy debates are healthily settled by a nice experiment.

    Does anyone know the joke about difference between philosophy and mathematics departments: only one needs erasers.

    Instead of debating whether the tail exists, please someone offer some credible evidence either way.