Network Effect

Increased value of a product or service as more people use it.

Description

The Network Effect describes how the utility of a product or service grows as more users join the platform. Social networks, marketplaces, and collaborative tools thrive on this principle, as greater participation leads to enhanced experiences for all. Businesses leveraging the network effect can achieve exponential growth and create self-sustaining ecosystems that deliver enduring value to users and stakeholders alike.

Organic Search

Unpaid search engine results based on relevance and quality.

Conversational AI

Chatbots and voice assistants that simulate human-like interactions.

Storyboarding

Sketching a sequence of visuals to plan a video or animation.