Usually means: Many niche products, few sales.
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We found 12 dictionaries that define the word long tail:

General (9 matching dictionaries)
  1. long tail: Oxford Learner's Dictionaries
  2. long tail: Collins English Dictionary
  3. long-tail: Wordnik
  4. long tail: Wiktionary
  5. long tail: Dictionary.com
  6. Long Tail, Long tail, The Long_Tail (book), The Long Tail: Wikipedia, the Free Encyclopedia
  7. Long Tail: Dictionary of Phrase and Fable (1898)
  8. Long tail: World Wide Words
  9. The long tail: Wikipedia, the Free Encyclopedia

Computing (2 matching dictionaries)
  1. Long Tail, Long-tail, The Long Tail: Encyclopedia
  2. the long tail: Netlingo

Slang (1 matching dictionary)
  1. long tail, long tail: Green’s Dictionary of Slang

Definitions from Wiktionary (long tail)

noun:  (marketing, sometimes capitalized) Sales made for less usual goods within a very large choice, which can return a profit through reduced marketing and distribution costs.
noun:  (mathematics, probability) Used other than figuratively or idiomatically: The tail of a distribution that represents the rare occurrence of extreme values.

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