2 ms·
Fashion companies like Patagonia and online social platforms like Reddit are radically different with how they interact with network effects. Fashion benefits
by pphysch 3y ago
Fashion companies like Patagonia and online social platforms like Reddit are radically different with how they interact with network effects.
Fashion benefits from exclusivity and brand identity. It behooves Patagonia to brand itself as "not evil" or "not capitalist" or whatever, it's ultimately a fashion statement.
Social networks suffer from exclusivity, and brand identity is an afterthought. I'd wager that most Reddit users have a neutral/negative view of the Reddit brand, but they use Reddit anyways because of network effects (everyone is there) and the brand doesn't really impact their favorite subreddits. There have been many attempts at "exclusive" social networks with carefully crafted brand identity, and they always fail.
There's a theory that social media also has fashion phases, but I don't think we have enough data to back that up. MySpace lasted about 6 years. Facebook is 19 and Twitter is 17 and both are going strong.