Network Effect: Unlocking the Power of Networks, Navigating Success in the Digital Age
About this ebook
A network effect is a phenomena that occurs in economics and in which the value or utility that a user obtains from a product or service is dependent on the number of users of products that are compatible with the product or service. Users are able to derive an increasing amount of value from a product because to network effects, which are often positive feedback systems. As more users join the same network, the value of the product increases. There are two impacts that may be attributed to the adoption of a product by an extra user: the first is an increase in the value of the product to all of the other users, and the second is an enhancement of the motivation for other people who do not use the product to use it.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Network effect
Chapter 2: Customer relationship management
Chapter 3: Externality
Chapter 4: Information good
Chapter 5: Product bundling
Chapter 6: Pricing
Chapter 7: Product life-cycle management (marketing)
Chapter 8: Porter's five forces analysis
Chapter 9: Barriers to entry
Chapter 10: Online shopping
Chapter 11: Long tail
Chapter 12: Information economics
Chapter 13: Open innovation
Chapter 14: Mobile commerce
Chapter 15: Referral marketing
Chapter 16: Two-sided market
Chapter 17: Incentive program
Chapter 18: Market environment
Chapter 19: Surcharge (payment systems)
Chapter 20: Economics of digitization
Chapter 21: Social media use by businesses
(II) Answering the public top questions about network effect.
(III) Real world examples for the usage of network effect in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Network Effect.
