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The network effect is real. More users on Swiggy and Zomato mean more restaurants join, which in turn attracts more users. ONDC needs to break this cycle, which is tough. They might need to subsidize heavily initially to attract both restaurants and customers, but that's a costly strategy.
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Familiar Wins: How Repetition Builds Brand Trust Through the Mere Exposure Effectโ The Mere Exposure Effect is a psychological phenomenon where people develop a preference for things simply because they are familiar with them. In business, repeated
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Spotify didnโt just compete with Apple Musicโit built a network effect machine. While Apple Music pays artists more per stream, Spotify dominates with 675M users vs. Appleโs 93M. Why? Spotify made music social. Every shared playlist, collab, and fr
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Techsaga Corporationsย โขย 11m
My Habit App is sometimes not understandable by my users as I've a little conversation with them and that's the reason early of some users left the app but they pointed well. . I'm implementing tutorials in my app to help user learn what is happenin
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โPay Now, Forget Later: How the Decoupling Effect Increases Customer Spending Comfortโ The Decoupling Effect refers to the psychological separation of payment from consumption, making people more comfortable spending. Businesses use this to reduce t
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โAnchoring Effect: The First Price You See Changes Everythingโ The Anchoring Effect is a cognitive bias where people rely too heavily on the first piece of information (the โanchorโ) they see when making decisions โ especially in pricing. Businesses
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