Network Effect - Unlocking the Power of Networks Navigating Success in the Digital Age

Fouad Sabry

Summary

What is Network Effect
 
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.

Available since: 02/03/2024.

Print length: 247 pages.

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