In today’s digital landscape, everything has become politicized, and tribe and belief network effects have gone digital. According to digital strategy consultant Jeffrey Towson, this shift has significant implications for businesses, individuals, and society as a whole. By understanding these dynamics, organizations can develop a more effective digital transformation strategy that takes into account the complex interplay between technology, politics, and human behavior.
Category Archives: Direct Network Effects
Can You Get Network Effects from Belief? What About from Tribes, Expertise, and Language? (3 of 3) (Tech Strategy)
Digital strategy consultant Jeffrey Towson explains how network effects can be a powerful driver of growth and success in the digital age. By understanding the underlying dynamics of expertise, language, tribe, belief, and group psychology, businesses can create and leverage network effects to achieve their goals. In this article, Towson breaks down the different types of networks and how they can be applied to inform a winning digital transformation strategy.
ANE Logistics and Network Effects in Physical Networks (2 of 3) (Tech Strategy)
Ok. Let me see if I can impress you today. In Part 1, I wrote about ANE Logistics, an interesting Chinese company. But I really wanted to make a few points about the nature of logistics and physical networks: There is a difference between networks, platform business models and network effects. Physical networks are different […]
Ant Financial and the 3 Types of Network Effects (Tech Strategy – Podcast 86)
In this podcast, Jeffrey Towson discusses the three types of network effects: direct, indirect, and standardization and interoperability. He explores how these different types of network effects can create value for businesses and consumers, and he discusses the challenges that businesses face in building and maintaining network effects. For example, he discusses how businesses need to invest in marketing and advertising to attract users, and how they need to keep users engaged with their products and services.