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This is a follow up to Levering the World of Warcraft Long Tail Economy with Addons. http://www.wired.com/wired/archive/12.10/tail.html Microfinances x multitude > few expensive sales. Profiting in a long tail economy depends on your shelf space, your “factory floor” available, and your ability to implement just in time principles. Pareto’s 80/20 rule says that 20% of […]
A World of Warcraft virtual economy article An unusual situation is taking shape slowly and surely in World of Warcraft as the market matures, players gain more knowledge, more experience of the AH, of addons, and of items. The market becomes more saturated with items for sale, and the limiting factor in the number of […]
This is a follow up to Levering the World of Warcraft Long Tail Economy with Addons. http://www.wired.com/wired/archive/12.10/tail.html Microfinances x multitude > few expensive sales. Profiting in a long tail economy depends on your shelf space, your “factory floor” available, and your ability to implement just in time principles. Pareto’s 80/20 rule says that 20% of […]
A World of Warcraft virtual economy article An unusual situation is taking shape slowly and surely in World of Warcraft as the market matures, players gain more knowledge, more experience of the AH, of addons, and of items. The market becomes more saturated with items for sale, and the limiting factor in the number of […]
, this 80/20 rules is the natural shape of our culture, of humanity, and of our economics.
but on the niche products, the almost-out-of-print books, the music, and other products which comparatively less buyers want to buy, but for which there is still a market. Rare items, slow selling items, but still items that buyers want to own. He called this the Long Tail.