Long Tail Business Model eBook Guide
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SUPER GUIDE: Long Tail Business Model
With new investors flocking to the booming e-commerce industry, the extra competition has raised customer acquisition costs and made it harder for many stores to stay profitable.
But some businesses have discovered a way to make more money without increasing ad spend or offering discounts to win customers in this oversaturated market.
The Long-Tail Business Model Super Guide teaches e-commerce retailers and entrepreneurs how to market low-volume, low-demand items to a wider customer base using the long-tail strategy. In this detailed analysis, Business Model Analyst Daniel Pereira reveals how marketing less competitive items can add significant revenue to your business while keeping customer acquisition costs low.
Using theory combined with real-world examples from companies like Netflix and Amazon, Long-Tail Business Model provides practical ways to pad your monthly revenue by offering a large catalog of niche items with high conversion rates.
The cycle of spending more to win new customers has been the downfall of many online businesses and startups. Long-Tail Business Model teaches you a profitable alternative that is often overlooked and remains untapped by many in the e-commerce space.
Inside this Super Guide, you’ll discover:
Why the long-tail business model solves the problem of competition
The 7 ingredients of successful long-tail business models
How Netflix, Amazon, and Lulu expanded using the long-tail model
6 must-know notes when applying the long-tail model to your business
Which customers respond best to the long-tail model
Take a look inside!
Featured excerpt:
“In response to the ever-increasing total cost of customer acquisition, many business models adopted by online retailers have directly or indirectly focused on the Pareto Principle regarding product sales and revenue. This asserts that 80% of inventory sales are made up of about 20% of high-demand items, or similarly that 80% of inventory sales are driven by 20% of loyal customers. Therefore, they have focused on marketing a small range of high-demand products to a small group of consumers.
This strategy, while effective, does little in the way of solving the issue of ever-increasing competition, and may even lead to increased market saturation. However, within this situation, another unique business model is crept up which seeks to take advantage of the current inadequacies of the market. It does this by capitalizing on the underserved consumer base and low-demand products, which most digital retailers ignore. We’re referring to none other than the Long Tail Business Model.”
Table of content
Introduction
What Is The Long Tail Strategy?
Understanding The Long Tail Strategy
New Opportunities Offered By E-Commerce
Changing Market Environment
Increased Distribution Channels
Balance Between Probability And Profitability
Statistical Basis
Understanding The Blockbuster Business Model
What Is The Blockbuster Business Model?
What Are The Factors Supporting This Strategy?
Ease Of Adoption
Reliability Of The Method
Limited Shelf Space
Trend Following
Limited Distribution Channels
Individuals Tend To Want The Best
Profitability
What Is A Long-Tail Business Model?
It Lays A Strong Emphasis On Niche Products
A Large Catalog Of Items
It Requires Cost-Effective Management Of Large Inventories
Wide Distribution Channels Are Necessary
High Degree Of Customer Retention
They Work Well For Crowdsourcing Platforms
Optimized Search And Filtering Options
Long Tail Business Model Canvas
Filling In Your Long Tail Business Model Canvas Template
Value Propositions
Customer Segments
Distribution Channels
Customer Relationships
Revenue Streams
Key Activities
Key Resources
Key Partners
Cost Structure
Examples Of Long Tail Businesses
Netflix’s Long Tail Business Model
Netflix’s Business Model Canvas
Value Propositions
Customer Segments
Distribution Channels
Customer Relationships
Revenue Streams
Key Activities
Key Resources
Key Partners
Cost Structure
Amazon’s Long Tail Business Model
Amazon’s Business Model Canvas
Value Propositions
Customer Segments
Distribution Channels
Customer Relationships
Revenue Streams
Key Activities
Key Resources
Key Partners
Cost Structure
Ebay’s Long Tail Business Model
Ebay’s Business Model Canvas
Value Propositions
Customer Segments
Distribution Channels
Customer Relationships
Revenue Streams
Key Activities
Key Resources
Key Partners
Cost Structure
Lulu’s Long Tail Business Model
Lulu’s Business Model Canvas
Value Propositions
Customer Segments
Distribution Channels
Customer Relationships
Revenue Streams
Key Activities
Key Resources
Key Partners
Cost Structure
What Does Long Tail Theory Mean In Marketing?
Practical Applications Of Long Tail Marketing
Using Long Tail Keywords For Seo
Increasing Your Content Variety Using Long Tail Content
Growing Your Followers Through Long Tail Fanbases
Invest In Long Tail Link Building
Increase Your Website Footprint
In A Physical Store With A Large Amount Of Shelf Space
Microfinance Institutions Also Utilize The Long Tail Method
For What Kinds Of Customers Is Long Tail Marketing Effective?
Culturally Diverse Clients
Crowdsourcing
Enthusiasts Of Obscure Products
Things To Note While Adopting The Long Tail Model
Do Not Radically Alter Your Blockbuster Resource-Allocation Strategy Or Product-Portfolio Just Yet
Keep Your Long Tail Costs As Low As Possible
Focus On Marketing Your More Popular Products
Do Not Be In A Haste To Direct Customers To Your Long Tail Products
Offer Niche Products To Loyal Customers
The Long Tail Method Requires Significant Creative Thinking
Conclusion
This is must-have knowledge for entrepreneurs and business model analysts, and consultants if you want to dominate business models, this super guide was made especially for you.
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