TY  - JOUR
AB  - Purpose This paper aims to explore the functionality of long tail markets (LTM), where the consumers cannot be reached or are ignored by the traditional mainstream businesses, in new products and business development.Design/methodology/approach First, the authors review two Chinese entrepreneurial practices in the Fintech sector and low-speed electric vehicles (LSEV) and describe their stylized facts; second, they explore a possible theoretical LTM framework to underscore these practices; third, they make a connection between LTM and existing business models and analyze its significance and practical implications in business, in particular, in developing economies.Findings The LTM business approach has helped Chinese companies in the Fintech sector and LSEVs gain global attention. The success factors of LTM for businesses are identifying a specific customer base, being aware of localization products and playing skillfully with regulations; the LTM approach has several overlaps with existing studies on niche products and base of the pyramid market.Originality/value Based on some emerging and attractive business practices in China, this paper offers a valuable attempt to theorize them as long tail phenomenon. The LTM thesis provides a potential framework to reference for similar methods elsewhere and may illuminate entrepreneurship to be explored in similar markets.
VL  - 14
IS  - 2
SN  - 1750-614X
DO  - 10.1108/CMS-03-2019-0109
UR  - https://doi.org/10.1108/CMS-03-2019-0109
AU  - Dai Shuanping
AU  - Taube Markus
PY  - 2019
Y1  - 2019/01/01
TI  - The long tail thesis: Conceptualizing China’s entrepreneurial practices in Fintech and electric vehicles
T2  - Chinese Management Studies
PB  - Emerald Publishing Limited
SP  - 433
EP  - 454
Y2  - 2024/04/23
ER  -