The “Economic Effect” is the ability for a networked product to accelerate its monetization, reduce its costs, and otherwise improve its business model, as its network grows. Workplace products, for example, often convert to higher tiers of pricing as the number of knowledge workers using them grows within a company. The more workers that adopt a product, the more advanced features they might want to upgrade into, particularly when the features are collaborative in nature—like Slack charging for the ability to search messages from all users across the organizations. Similarly, app stores and
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