bandwagon effect vs consequence

bandwagon effect and consequence both are nouns.

Word	Noun	Adjective	Verb	Adverb
bandwagon effect	Yes	No	No	No
consequence	Yes	No	No	No

As nouns, consequence is a hypernym of bandwagon effect; that is, consequence is a word with a broader meaning than bandwagon effect:

bandwagon effect: the phenomenon of a popular trend attracting even greater popularity
consequence: a phenomenon that follows and is caused by some previous phenomenon

Other hypernyms of bandwagon effect include effect, event, issue, outcome, result, upshot.

bandwagon effect (noun)	consequence (noun)
the phenomenon of a popular trend attracting even greater popularity	having important effects or influence
	the outcome of an event especially as relative to an individual
	a phenomenon that follows and is caused by some previous phenomenon