Revision as of 11:25, 15 April 2023 (edit)107.172.14.150 (talk) (Created page with "What is this new theory of demand and supply called the Long Tail? It's the new economics of culture and commerce masterfully explained by Chris Anderson, editor in chief of W...") Latest revision as of 12:30, 15 April 2023 (edit) (undo)107.172.14.150 (talk) Line 1: Line 1: −What is this new theory of demand and supply called the Long Tail? It's the new economics of culture and commerce masterfully explained by Chris Anderson, editor in chief of Wired magazine since 2001, and named editor of the year by Advertising Age magazine in 2005, in his book The Long Tail. Exactly why is it new? Due to the Internet and the seemingly limitless choices it offers to its consumers.<br /><br />On the curve of demand and offer you have:<br /><br />1. The popularity of what folks want, demand, this is the short head.<br /><br />2. 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Latest revision as of 12:30, 15 April 2023 What is this new theory of demand and offer called the Long Tail? It's the new economics of culture and commerce masterfully explained by Chris Anderson, editor in chief of Wired magazine since 2001, and named editor of the entire year by Advertising Age magazine in 2005, in his book The Long Tail. Why is it new? Because of the Internet and the seemingly limitless choices it provides to its consumers.On the curve of demand and offer you have:1. The popularity of what folks want, demand, this can be the short head.2. Supply, the limitless marketplace available on the Internet, this is the Long Tail.So in the current marketplace called the web, you have to ask yourself, 'What do I want'. I think the answer for a number of you may be that:1. You want the product at the very best discount possible,2. 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