Clubhouse, the hottest new audio-only social media app, has been valued at US$1 billion.
Carmen Chung
Clubhouse attracted high-profile celebrities like John Mayer, Oprah & Ashton Kutcher to the app.
People could listen to them speak for free, from their own homes.
Step 1
Clubhouse is invite only.
This exploits the scarcity principle: the harder it is to get something, the more valuable it becomes.
Step 2
If you are invited on, you get one invitation to give to your friends. More interaction with the app will give you more invites - but you don't know how many.
This is called a variable award, and it is highly effective in keeping you hooked.
Step 3
If you can't get an invite, you can reserve your name on the app (iPhone only).
This is an anticipatory reward, which triggers a hit of dopamine in your brain.
Step 4
Carmen Chung
Want more tech news and reviews?
Sign up for free 👇