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Discover Ludwig'network effect' is a correct and usable phrase in written English.
It is used to describe a phenomenon in which a product or service becomes more valuable when more people use it. For example, when a social media platform increases its user base, it increases the potential for users to connect with others, which in turn increases the platform's value.
Dictionary
network effect
noun
The higher growth rate of businesses with higher market share in those segments of economy in which the value of a product or a service depends on the number of existing users of the product or a service, as is the case with telephone networks.
Exact(43)
It's a network effect.
Talk about a network effect.
So I'm counting on the network effect.
This is a potentially large network effect.
A clip from the "Network Effect" website.
"It's a network effect," he says.
Similar(17)
Negative network effects.
Social networks grow from network effects.
This is due to network effects.
In search, network effects do not apply.
You should create network effects.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com