Community Management in the Post-COVID Era: 5 Reasons Why ROM Increases
Hatched by Glasp
Aug 08, 2023
3 min read
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Community Management in the Post-COVID Era: 5 Reasons Why ROM Increases
In the ever-evolving world that demands speed and agility, communication and output speed become essential. The line between online and offline communities blurs, and being "fast" becomes the norm in our social and economic structures. In this dynamic world, individuals who do not contribute may face exclusion. Therefore, it is crucial to have a clear understanding of our "Why" and "What" as a community. Without clarity in our purpose and goals, discussing the "How" becomes futile, regardless of whether the community is online or offline. The design of participation and implementation is key to fostering engagement and ensuring the success of the community.
One effective way to maintain and grow a competitive advantage over time is through feedback loops, often visualized as advantage "flywheels." These flywheels create a momentum that strengthens and expands the community's moat. For example, in the Economies of Scale flywheel, low prices drive higher volume, resulting in increased margins and resources for further growth. Similarly, the Brand Habit flywheel reinforces the association of a brand with a specific quality or job-to-be-done, creating a loop of habit formation. In some cases, social proof can also play a role, where the success of a product attracts more users, improving its perception and desirability.
The most successful communities have multiple flywheels that work synergistically, reinforcing each other's momentum. However, it is important to note that flywheels are not immune to friction and limiting factors. Systems thinking teaches us that reinforcing feedback loops are often counterbalanced by a balancing loop that slows down growth. This means that growth cannot continue unchecked, and flywheels will inevitably encounter obstacles.
Two significant factors that can hinder the flywheels' movement are switching costs and network effects. When customers are locked into a product due to high switching costs, the incentive to improve may diminish, leading to a decline in product quality. However, if a competitive offering can deliver more value, it can overcome these switching costs. Similarly, direct network effects can cause a decline in the value users receive, potentially leading to an exodus from the community. Recognizing these potential limitations is crucial in developing strategies to maintain positive feedback and keep the flywheels in motion.
To overcome inertia and get the flywheels moving, it is essential to implement effective strategies. One approach is to embrace "doing things that don't scale." By focusing on personalized interactions and manual efforts, communities can create a strong foundation and build strong relationships with their members. Additionally, fostering a sense of exclusivity and creating a unique experience can attract individuals who seek to be part of something special. Finally, leveraging technology and data analysis can help identify patterns and trends, allowing community managers to make data-driven decisions and optimize their strategies.
In conclusion, effective community management in the post-COVID era requires a focus on communication and output speed. Understanding the dynamics of feedback loops and advantage flywheels is crucial in maintaining and growing a competitive advantage. However, it is equally important to recognize the potential friction and limiting factors that can impede the flywheels' movement. By implementing strategies such as personalized interactions, creating a sense of exclusivity, and leveraging technology, communities can overcome inertia and foster engagement. As we navigate the evolving landscape of community management, embracing these principles will be key to thriving in the "fast" world that lies ahead.
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