The 3 Real Effects of Network Effects. Plus So-Young's Cool Marketplace. (67)
This week’s podcast is about network effects. And I argue they are actually three effects at the same time. Plus some stuff about So-Young's marketplace for services.You can listen to this podcast here or at iTunes, Google Podcasts and Himalaya.The 3-4 types of effects with network effects are:Competitive AdvantageBarrier to EntryOther Competitive Advantages such as switching costs.FlywheelHere is the article I mentioned:16 Ways to Measure Network EffectsRelated podcasts and articles are:7 Reasons Digital Platforms Fail (Jeff’s Asia Tech Class – Daily Lesson / Update)From the Concept Library, concepts for this article are:B2B Customer View: Necessary, Strategic vs. CriticalPlatforms: Marketplaces for Products and ServicesNetwork EffectsFrom the Company Library, companies for this article are:So-Young InternationalThis is part of Learning Goals: Level 7, with a focus on:35: Competitive Advantage and Digital CompetitionI write and speak about digital China and Asia’s latest tech trends.I also run Asia Tech Strategy, a podcast and subscription newsletter on the strategies of China / Asia tech companies.This content (articles, podcasts, website info) is not investment advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. Investing is risky. Do your own research.Support the show