Despite the benefits of a long-tail strategy, numerous challenges exist due to the number of data-related issues that can arise. Therefore, before embarking on a long tail-driven strategy or deciding on whether to create a private marketplace, it's important that retailers pay attention to the most common information challenges:
I suspect many of you are now familiar with The Long Tail strategy first coined by Chris Anderson in 2004. Essentially, the notion suggests “selling less of more.” I view it as the 80/20 rule in reverse, and it’s often the topic of heated discussion between direct marketers and their accountants.
The strategy focuses on the inherent competitive advantage of a B-to-B (or B-to-C, for that matter) catalog company stocking as many items as it can in order to compete with retail stores or “net gnats,” who pick off your best-selling items and sell them online at a discount. A retail store’s space is
Catalogers’ Updates Acquisitions Multichannel apparel and home products merchant Appleseed’s, a portfolio company of private equity firm Golden Gate capital, acquired in January apparel and home goods cataloger Blair Corp. The deal, expected to close later this spring, is valued at $173.6 million. Musician’s Friend catalog, a subsidiary of Guitar Center, in February acquired multititle musical instrument merchant The Woodwind and Brasswind. The $29.9 million transaction has been approved following a stalled purchase attempt in November. Finance Private equity firm Parallel Investment Part-ners in January completed the recapitalization of multichannel outdoor apparel and equipment merchant Moosejaw Mountaineering and Backcountry Travel. Furthermore … Multititle general merchandise cataloger Miles Kimball Co. will