What are some emerging apps and their business strategies?
Some emerging apps include Clubhouse, which uses a subscription model, and TikTok, leveraging user-generated content for engagement.
How does TikTok's algorithm contribute to its success?
TikTok's algorithm personalizes content based on user interactions, keeping users engaged and encouraging longer app usage.
What business strategies do these apps use to monetize?
They often use a mix of advertising, in-app purchases, and subscription models to generate revenue.
Can you give examples of apps that have successfully scaled?
Sure! Apps like Zoom and Slack scaled rapidly by focusing on user experience and offering freemium models to attract users.
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