Switching costs describe how difficult or expensive it is for a user to switch from one product to another.
Multihoming costs explain how easy or likely it is to use multiple competing networks simultaneously.
In general, the higher the switching and multihoming costs, the more defensible a network typically becomes.
5
19 reads
CURATED FROM
IDEAS CURATED BY
Software engineer by 🌞 and sleepyhead by 🌑. Software architecture. Distributed systems. Personal productivity. Cats.
We all know that, the more a product is used, the more it will be used. The problem is that, our understanding of this phenomenon is quite limited. What if we tried to better understand the dynamics behind it? This article is a great read for anyone that would like more insights on this interesting topic.
“
The idea is part of this collection:
Learn more about cybersecurity with this collection
Understanding the basics of blockchain technology
The benefits and challenges of using blockchain
The future of blockchain technology
Related collections
Similar ideas to Switching and Multihoming Costs
Engagement rate is a social media metric that tells you much a post is motivating people to interact with it. It’s defined as (number of people who engaged with your post / number of people who saw your post) x 100%. Typically, a higher engagement rate means your post was more compelling (or at l...
How Self-Esteem impacts our daily life:
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates