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Blog · Board and management reporting

The product tail: revenue concentration by line, and what the long tail costs to keep

How to measure revenue concentration across product lines from the ledger, the same three measures used for customers, top-n share, the count to half and the index, applied to products, the tail of lines that together earn little, the customers who buy only tail lines, and the two decisions the tail forces: which lines to keep because a core customer needs them and which to retire because nobody does.

The short answerApply the customer concentration measures to product lines: top-n share, the count of lines to reach half of revenue, and the index. The tail is the lines below a stated share that together earn a small fraction, and its cost is what it takes to stock, maintain and quote them. Before retiring any of it, the report lists which customers buy each tail line and whether they are core customers, because a tail line bought by a top-ten account is the price of that account, and one bought by nobody who matters is a cost.

A product catalogue grows by addition. Every line was added for a reason and none is removed, because nobody knows who would notice. The ledger knows. This guide applies the concentration measures to product lines, sizes the tail, and lists who buys it, so the decision is about customers rather than SKUs.

The measures

Per period, across product lines:

Top-n share = revenue from the largest n lines ÷ total Count to half = lines, largest first, to reach 50% of revenue Tail = lines below the stated threshold; tail share = their revenue ÷ total

Per tail line:

Buyers, ranked by the buyer's total revenue; the tier of the largest buyer

The rows you need

  • Ledger: customer, product line or SKU, period, revenue.
  • Product master: line, SKU, status, cost to hold where known.
  • Customer master: customer, tier.

Identifiers only.

The identity

Σ lines' revenue = ledger revenue = Σ customers' revenue

A ledger line with no product code fails it and is listed; those are usually service or adjustment lines, and they are excluded from the concentration with a count.

A worked view

Measure This year Last year
Lines with revenue 1,840 1,720
Top 10 share 44% 46%
Count to half 14 13
Lines to reach 95% 310 290
Tail lines 1,530 1,430
Tail share of revenue 5% 5%

The tail grew by a hundred lines and still earns five percent. The question is not whether to cut it; it is which of the fifteen hundred lines a customer who matters would miss.

The tail, by buyer

Tail line Revenue Buyers Largest buyer Buyer's tier Reading
L-2207 $8,000 1 Customer 4471 Tier 1, $410,000 Keep: part of a top account
L-4471 $6,000 14 Customer 9034 Tier 4 Retire, or consolidate
L-9034 $11,000 3 Customer 1187 Tier 3 Review with the rep
L-1187 $300 0 in 12 months Retire

Line L-2207 earns eight thousand dollars and is bought by a customer worth four hundred thousand. It is not a tail line; it is a line item in a relationship. Line L-4471 is bought by fourteen small customers who could take an alternative, and the report suggests which.

Where it goes wrong

Cut by revenue alone. The top account's odd line goes and the account manager finds out from the customer.

Lines and SKUs mixed. The board sees lines; the decision needs SKUs.

Tail threshold moved. The tail's size cannot be trended.

Cost to hold ignored. A tail line with no stock and no maintenance costs nothing to keep. Where the cost is known, it ranks the retire list.

Every quarter, the tail by buyer

Mapped once, the ledger, the product master and the customer master produce the concentration measures, the tail and the buyer list per tail line every quarter. Covirage builds this from the exports as they are. The board reporting solution describes the setup, and the customer concentration guide covers the same three measures on the other axis.

Questions people ask

Is a product line the same as a SKU?

The measure works at either level, and the report says which. Lines for the board view; SKUs for the rationalisation decision, because the tail lives at SKU level and the customers who depend on a specific SKU are the ones who will notice.

What counts as a tail line?

Below a stated share of revenue, say a tenth of a percent, or outside the lines that together make up 95 percent. The threshold is on the report and the same each period, so the tail's size can be trended.

How is 'a core customer needs it' decided?

From the ledger: the tail line's buyers, ranked by their total revenue with the company. If a top-tier customer buys it, the line is part of that relationship and the decision is about the customer, not the line. The report shows the buyers; the category manager decides.