Shelf space
Gaining shelf space is a guiding principle for most business enterprises. One strong reason why oligopolies are built is that the big boys have more access to the shelves. What do we mean by shelves? There are both literal and figurative shelves.In the conventional world of bricks and mortar, the physical limits on shelf space determine the volume and variety of goods that companies can display and sell at any one time. In every retail venue, the battle is all about who gets to use the most attractive, best-located shelf space. In the real world of grocery stores and other retail spaces, shelf space is finite -- even in the largest Wal-Marts. Only the most powerful vendors get the best space, and their power is defined ultimately by their ability to pull sales through the shelve
But shelf space also exists outside the physical world of supermarkets and shopping malls. Take the world of network TV, where time-slots for programming are the equivalent of shelves. In that world, the most desirable shelves are those that more viewers "visit." So “buying time” for an ad during prime time on a highly rated show is far more costly than buying time for the same ad at odd hours, not to mention at 3 a.m., when ratings are lowest. Likewise, even the broadcast networks have lost their dominance, they still have relatively high traffic; in that way, shelf space on ABC or CBS is more expensive than the equivalent times on the Golf Channel or Bravo.
There are plenty of other examples of this jockeying for prime slots on virtual shelves -- including newspaper front pages, magazine ad pages, movie cineplexes, Internet ad banners, and the play-lists of radio stations. All of these are empty grids that must be filled up, and the battle for the best slots at the right price is furious and constant. We deal with many of these “shelves” in subsequent chapters.
Note that all of these grids have limits. They aren’t expressed in terms of linear feet, but they involve a number of constraints that are no less real. These include:
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the amount of time available (no 25 hour TV days)
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the limits of reading material (for example, the cost of postage for sending out a catalog at some point limits its size, that is, the number of entries)
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the limited number of advertisers (the thickness of a magazine or a newspaper depends on the number of ads sold)
- the limited attention span of potential audiences (covered in the next chapter about mind space)