What is the best way to deal with copycats/competition? Is it just a cost of running an internet business?
The thing that comes to mind is that I need to improve my branding/deliver more value. also try to create a bigger barrier to others entering the market.
example:
importing/selling a product on amazon.
someone undercuts you on your product. takes market share and increases saturation.
Just wondering what everyone's thoughts are on this.
The thing that comes to mind is that I need to improve my branding/deliver more value. also try to create a bigger barrier to others entering the market.
example:
importing/selling a product on amazon.
someone undercuts you on your product. takes market share and increases saturation.
Just wondering what everyone's thoughts are on this.
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