network effect

Social media platforms benefit from powerful network effects as each new user increases the platform's value.社交媒体平台受益于强大的网络效应，因为每一个新用户的加入都增加了平台的价值。

The network effect creates a natural barrier to entry for competitors in platform markets.网络效应为平台市场中的竞争对手构筑了天然的准入壁垒。