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Aug 13, 2019 11:51:30

Community-based model

by @keni PATRON | 208 words | 289🔥 | 293💌

Keni

Current day streak: 289🔥
Total posts: 293💌
Total words: 65788 (263 pages 📄)

As I was looking into what I need to do for my business, a few creative and wonderful people from here and in person advised me to focus on building a  community... Something like 200wad.

Besides social media, I have never been a part of something like 200wad so I was curious about why this place worked so well.

Why is it that a lot of businesses are now shifting gears towards a community based model? Even on the show Shark Tank, the successful businesses are the ones that didn't waste too much money with Facebook ads or big marketing campaigns. It is the ones that had a community that is truly engaged. The popular wisdom to find your 1000 loyal fans is becoming the goal a lot of entrepreneurs are chasing.

It makes sense to tweak a product using the feedback of the few dedicated users. Like a few of us are with Basile.
So looking at what makes this site work, I distilled these features:

1) Addresses(or resolves) a need
2) Allowing audience feedback/interaction helps build a tribe
3) Adding a gamification piece (e.g. streak)
4) Provide a free and a premium version to allow for a free trial feel. 

Anything I didn't capture?



  • 🙌 2
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    @keni yes agree about community being key. For gym memberships, people joined for the facilities but stayed on for the relationships. I believe this is what's sticky about 200wad too - people came for the streak but stayed for the social. At least for me... I can easily count my own streak on a self hosted blog, but it'll be harder to replicate the social aspects of comments, discussion and reply writing that the platform catalyses..

    Jason Leow avatar Jason Leow | Aug 14, 2019 20:08:21
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    @keni I truly believe there is no product without a community. It's not a trend, but a first principle :) We are just getting increasingly aware of the social aspects of building a business because it gets harder and harder to compete for attention, but the underlying principle has always been there.

    Basile Samel avatar Basile Samel | Aug 13, 2019 18:15:35
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      @keni @basilesamel

      +1 to sentiment of this principle always having been there and it just now being easy for even common folks like us to see.

      Just like the microscope allowed new perceptions of the physical world.

      our understanding of systems and tehcnologies has enabled us a new view of how products, businesses, and orgs work. It's all about community... and it always has been.

      It's great to be able to watch this community grow because it's like a how-to-do tutorial.

      Sir Abe avatar Sir Abe | Aug 14, 2019 16:09:23
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      @keni @abrahamKim "it's like a how-to-do tutorial" yes totally!!! If one day I manage to make a living from my products it will definitely be thanks to my users. There is no "self-growth", it's always a team effort.

      Basile Samel avatar Basile Samel | Aug 14, 2019 16:34:08
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      @keni @basilesamel

      https://200wordsaday.com/words/re-re-how-do-i-make-a-million-dollars-2-250115d54167c6ce14

      One of these days I want to send you 1095 packets of ramen once a year

      Sir Abe avatar Sir Abe | Aug 14, 2019 16:35:18
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      @abrahamKim 😂 reminds me of my Vietnamese roomate and his big boxes of ramen packages

      Basile Samel avatar Basile Samel | Aug 14, 2019 17:02:36
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      @basilesamel

      Ramen profitability!

      be careful what you aim for.

      Sir Abe avatar Sir Abe | Aug 14, 2019 17:04:21
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