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So what is network effect? A network effect is when each additional user adds value to the existing user base. So your users themselves are creating some value for the existing users. So ,to understand better understand that google is the only one
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The Bandwagon Effect vs Social Proof highlights two subtle yet powerful forces in consumer psychology. The *Bandwagon Effect* makes people buy something simply because โeveryone else is doing it,โ driven by the fear of missing out. *Social Proof*, on
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โThe IKEA Effect: Why We Value What We Buildโ The IKEA Effect is a psychological phenomenon where people place higher value on products they partially create themselves. The name comes from IKEA, where customers assemble furniture โ and end up lovin
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The Bandwagon Effect is a powerful psychological trigger where people adopt behaviors or products simply because others are doing so. In marketing, it drives trends, viral campaigns, and mass appeal by tapping into the human need to belong. Brands li
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โThe Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsessionโ The Veblen Effect is a psychological phenomenon where demand for a product increases as its price risesโbecause the high price signals status, not just value. Luxury bran
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