samedi 27 juin 2009

mercredi 24 juin 2009

Long Tail Concept

Does the Long Tail concept fit in the 'customer in charge' environment?


The long tail concept has been created by Chris Anderson, in the Wired Magazine. This concept defines all the products which are sold in small quantity but whose the sum of sales could collectively exceed the sale of the most sold products.
The Long tail is particularly adapted to Web distribution model because the cost of on-line publishing of a supplementary product is marginal and the virtual displays of e-commerce websites are infinite, unlike the physical stores which have to restrict themselves to propose only the best sales in order to make profit in a "small show room" (Fnac, Virgin, Wal Mart...)





In my opinion the long tail concept fit perfectly well with the customer in charge environment. Indeed, in the customer in charge environment the product has to adapt itself to its customers. And it's going to be more and more commun towards this news decades.

The concept of long tail is designed to fit in this environment, especially on the Web distribution model where there is no geographic restrictrition and very low publishing fees.


How does
MyMajorCompany understand those two concepts ?



MyMajorCompany is a community label which allows the Internet users to produce directly their artists.
It has for ambition to become the main discovery gate, in order to launch and follow-up of the new musical talents in France then in Europe
.

2 main objectives:
- To let internet users know a quality music. MyMajorCompany wants to gather the best of the non-signed artists and to allow the public to take advantage of their work.

-To involve the consumers in the artists selection and in their success. In MyMajorCompany, the Internet users become Producers. By deciding to bet on their favourite artists, they select those who will be produced, distributed and mediatized. They participate in the strategic decisions of their development and earn some money on the sales of the artists they support

By those two objectives MyMajorCompany fits with the customer in charge by let the customer to choose between several artists to be produced and apply the long tail concept by dealing with artists who have been left behind the mainstreams.



samedi 13 juin 2009

vendredi 12 juin 2009

Saturday's Assignment for E-business Class

What is a freemium ?

Freemium is a business model that works by offering basic services for free, while charging a premium for advanced or special features.


One Example of a freemium: Apps for smartphone: Paris Traffic
There is a very good application in the App store of Apple, it is called : Paris Traffic. Thanks to this apps we can have an overview of the road traffic in Paris. Which is very very usefull when you drive in the capital. Whereas, this fantastic apps is first sold for free. So you clic on it, donwload it on your Iphone and then open it to see if you're going to be on time for the dinner. It's magic it indicates you where to drive if you want to avoid traffic perturbation. You are just starting to be addicted. So you think of buying it to have new content such as the shortest trip for your home, you can save your favorite trip, you can regulate the update frequence of the traffic... In other word you have the feeling that you won't be a paris road expert without the Pro version... so you buy it 2,39 € That's a freemium !

According to a new report from Juniper Research:

Annual revenues from value-added services upsold through downloaded apps are expected to exceed US$14 billion by 2014, . The report found that storefronts are increasingly likely to offer the facility to upsell premium content from within the app itself (including the App Store). The result being that the freemium business model will become increasingly prevalent over the next five years.