Tailings

January 2, 2005

Blame the 80/20 rule. Miners in the California Gold Rush waterblasted the hills, grabbed the nuggets, and let the tailings silt the bottoms of the rivers that flowed to the sea.

For a long time now, business has sought profits from what I’ll call the big middle. Segment the market (i.e. chop it into pieces), analyse the pieces, pick the ones you want, and focus your energies there. Make money off the big sellers, the hits, the fads, the stuff with mindshare. Go for volume.

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: