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Chris Anderson - Introducing The Long Tail - CWF08 - 06
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...
Related topics : long tail marketing chris anderson
Chris Anderson - Intro - CWF08 - 01
Chris Anderson coming on stage of the Creativity World Forum to talk about The Long Tail & Free.
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