business theory

A Quote by Chris Anderson on economics and business theory

The theory of the Long Tail can be boiled down to this: Our culture and economy are increasingly shifting away from a focus on a relatively small number of hits (mainstream products and markets) at the head of the demand curve, and moving toward a huge number of niches in the tail.  In an era without the constraints of physical shelf space and other bottlenecks of distribution, narrowly targeted goods and services can be as economically attractive as mainstream fare.

Chris Anderson

Source: The Long Tail : Why the Future of Business Is Selling Less of More, Pages: 52

Contributed by: Steve

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