Complete the sentence to define network effects in marketing.
Network effects occur when the value of a product or service increases as more people [1] it.
Network effects mean a product becomes more valuable as more people use it, like social media platforms.
Complete the sentence to explain a direct network effect.
A direct network effect happens when each new user [1] the value of the product for all existing users.
In direct network effects, every new user increases the product's value for others, like more friends on a messaging app.
Fix the error in the sentence describing indirect network effects.
Indirect network effects occur when the value of a product depends on the number of users of a [1] product or service.
Indirect network effects happen when a product's value depends on users of a complementary product, like apps increasing smartphone value.
Fill both blanks to complete the example of network effects in marketing.
On social media, as more users [1], the platform attracts more advertisers who [2] to reach the larger audience.
More users join social media, attracting advertisers who pay to reach them, showing network effects.
Fill all three blanks to complete the dictionary comprehension showing network effects.
value_map = [1]: [2] for [3] in users if users[[3]] > 1000}
This comprehension creates a map where each user_id maps to their score, but only for users with scores over 1000.