Filed under: Marketing & PR
One of the great things about most Webmaster World of Search Conferences is the diversity of presentations. Having attended other conferences where speakers start repeating the same content and ideas by the afternoon of the first day, the range of content and opinions are refreshing. The recent New Orleans conference was no exception - an attendee’s biggest regret had to be only being able to attend one of the three simultaneous sessions at a given moment.
In this environment, one of the interesting challenges is to try to distill some commonality between diverse presentations. While it was hardly a pervasive thread, one idea that came up in different contexts was the long tail.
In another article, we’ll go into more discussion of power law distributions and the long tail. For the moment, let’s simply state that many web statistics don’t follow a normal distribution (the infamous bell curve), but a power law distribution. A few items have a significant percentage of the total resource (e.g., inbound links, unique visitors, etc.), and many items with a modest percentage of the resources form a long “tail” in a plot of the distribution. For example, a few websites have millions of links, more have hundreds of thousands, even more have hundreds or thousands, and a huge number of sites have just one, two, or a few.
One context the “long tail” came up in was in pay-per-click keywords; instead of focusing on a small number of expensive, high-volume keywords, PPC experts are increasingly suggesting that it is more profitable to “work the tail”, i.e., bid on thousands of low-volume (and low cost) keywords. Even though each keyword may only generate a few clicks a month, in aggregate they create a large volume of cost-effective traffic.
Of course, “organic” search results have the same issues - while competing for high volume keywords can be very time consuming and expensive, creating content that can rank for many uncommon search terms can be much more economical.
Even inventory can show a long tail effect. An interesting article in Wired magazine, The Long Tail, explores how markets like book-selling are shifting from concentrating on a few huge hits to generating sales from a huge list of often low-volume titles.
Last Note: Beating your head against the wall trying to out-market competitors with far more resources? Start working the tail instead!
Add this post to: del.icio.us - Digg it - Stumble it - Furl - Yahoo MyWeb 3 Comments so far
Leave a comment
[…] In the past, conventional wisdom for successful businesses was to focus on your best customers, and take a hard look at eliminating time-wasting little ones. Recently, though, there has been a lot of focus on the long tail - i.e., the portion of a distribution that is small in individual impact but very large in number. Examples include complex search terms that are rarely searched but which exist in millions, customers who don’t spend much but are numerous, etc. Yahoo’s move certainly addresses that kind of market, since now many small businesses that might have been put off by a monthly minimum have been welcomed back into Yahoo’s pay per click arena. (The SearchViews blog suggests that an even more lucrative tail for Yahoo to chase would be cheaper keywords, i.e., keywords that clients don’t purchase now at the 10-cent minimum but would purchase at a 5-cent minimum.) […]
Pingback by » Chasing the Tail? Yahoo Dumps Ad Minimum - rogerd’s notebook 10.24.05 @ 8:27 pmAwesome blog you have. I enjoyed reading it this evening.
Peace
TreeFrog
Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

[…] This appears to be twice as many web objects indexed as arch-rival Google claims. The practical implication of this feat still isn’t clear. It seems unlikely to affect competitive searches, which tend to be dominated by well-linked pages and sites that are probably in all of the major search engines. It could affect “long tail” searches, though, i.e., uncommon combinations of words that are searched infrequently and may occur on a comparatively small number of web pages. No Comments so far Leave a comment RSS feed for comments on this post. TrackBack URI Leave a comment Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong> […]
Pingback by » Search Wars: Yahoo’s Big New Index - rogerd’s notebook 08.10.05 @ 6:40 pm