Wednesday, September 17, 2014
The Long Tail
Well, Pareto optimality has been turned upside down from 80/20 to 98/2!
98% comes from 2% of work!!!
Previous landscape below the water is now emerging as the watermark line goes lower!
New business previously ignored because of cost factors is now being made available because the cost has been driven down low enough!
New niches is now new market!
Is your business model ready to capture this new market? Like Amazon, Netflix, Rhapsody?
Eg (1) Music ......ITunes...
(2) Books...
(3).Toys?
(4) Charity...
(5)...Cancer
(6) Broadcasting...
Labels:
business,
strategy,
the long tail
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