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LIS 7401 Carol Rain Hagy April 23, 2009 the long tail
What are we talking about? the long tail the long tail Chris Anderson, in his 2004 Wired Magazine article, defined a new economic model.  The internet has changed our marketplace.
Traditional Thinking Pareto’s Principle (80/20 rule) hit-driven economics mainstream tastes products must “earn their keep” local supply and demand
Graph taken from Flickr user b_d_solis, under a CC license .  The original can be found here and the 	original poster does not endorse me or my work.
Amazon
Netflix
iTunes
the long tail There is clearly a demand for “unpopular” titles. The CEO of Ecast, a digital jukebox company, says 99% of the top 10,000 tracks sell every month (qtd. in Anderson, Wired).
What makes these kinds of stores and services able to do this? Well, traditional stores (and other outlets like movie theaters and radio stations) need: ,[object Object]
 shelf space
 local inventory
 to fit into 24-hour-a-day programming
 to earn enough money to maintain local storethe long tail
the long tail But when a business operates online, it can avoid: ,[object Object]
 needing space for browsable shelves
 (sometimes) paying manufacturing costs
 (sometimes) paying distribution fees,[object Object]
This is “the long tail.” How does this apply to libraries? the long tail
Some say libraries are the original long tail. ,[object Object]
 We offer a wide-reaching world of resources through Interlibrary Loan.
 We can get you that article in pdf form in hours.
 We wouldn’t be around if all we offered were Twilight and John Grisham.

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The Long Tail

  • 1. LIS 7401 Carol Rain Hagy April 23, 2009 the long tail
  • 2. What are we talking about? the long tail the long tail Chris Anderson, in his 2004 Wired Magazine article, defined a new economic model. The internet has changed our marketplace.
  • 3. Traditional Thinking Pareto’s Principle (80/20 rule) hit-driven economics mainstream tastes products must “earn their keep” local supply and demand
  • 4. Graph taken from Flickr user b_d_solis, under a CC license . The original can be found here and the original poster does not endorse me or my work.
  • 8. the long tail There is clearly a demand for “unpopular” titles. The CEO of Ecast, a digital jukebox company, says 99% of the top 10,000 tracks sell every month (qtd. in Anderson, Wired).
  • 9.
  • 12. to fit into 24-hour-a-day programming
  • 13. to earn enough money to maintain local storethe long tail
  • 14.
  • 15. needing space for browsable shelves
  • 16. (sometimes) paying manufacturing costs
  • 17.
  • 18. This is “the long tail.” How does this apply to libraries? the long tail
  • 19.
  • 20. We offer a wide-reaching world of resources through Interlibrary Loan.
  • 21. We can get you that article in pdf form in hours.
  • 22. We wouldn’t be around if all we offered were Twilight and John Grisham.
  • 23. We were saying “Hey, if you liked A Wrinkle in Time by Madeleine L’Engle, you might like A Wizard of Earthsea by Ursula K. Le Guin” long before Amazon invented an algorithm to do it.the long tail
  • 24. We have competition in some of these areas now, but we should not panic. Nor should we smugly assume we’ve got it figured out, of course. the long tail
  • 25.
  • 26. remember the niche markets
  • 27.
  • 28. One lesson: Aggregate supply and demand. aggregate, v. (ægrget)  [f. aggregate a. Cf. mod.Fr. agréger.] 1. trans. To gather into one whole or mass; to collect together, assemble; to mass. “Aggregate.” The Oxford English Dictionary. Ed. J. A. Simpson and E. S. C. Weiner. 2nd ed. Oxford: Clarendon, 1989. OED Online. 2009. Oxford UP. 23 Apr. 2009 http://dictionary.oed.com
  • 29. We aggregate supply with services like Interlibrary Loan. We have to keep figuring out ways to gather resources and make them accessible. the long tail
  • 30. We pull together demand by consolidating library web presences. the long tail
  • 32. Our culture is going through exciting changes and our libraries are, of course, growing too. Studying the long tail offers us some guidance and direction. the long tail
  • 33. Want to Learn More? Anderson, Chris. “The Long Tail.” Wired 12.10 (Oct. 2004). 22 Apr. 2009 http://www.wired.com/wired/archive/12.10/tail.html Anderson, Chris. The Long Tail: Why the Future of Business Is Selling Less of More. New York: Hyperion, 2006. Anderson, Chris. The Long Tail Blog. 22 Apr. 2009 http://longtail.typepad.com/ Dempsey, Lorcan. “Libraries and the Long Tail: Some Thoughts About Libraries in a Network Age.” D-Lib Magazine 12.4 (April 2006). 22 Apr. 2009 http://www.dlib.org/dlib/april06/dempsey/04dempsey.html Mossman, Katherine. “Serving the Niche: Viewing Libraries Through Chris Anderson’s ‘Long Tail’ Lens.” Library Journal 1 July 2006: 38-40. 15 July 2006. 22 Apr. 2009 http://www.libraryjournal.com/article/CA6349032.html Cats: Percival Gray Walters and Tristan Cole Walters. Photos: Carol Rain Hagy and Nathan Walters.