Goodevening all,
So I've gotten quite a setback. Just when I wanted to give the green light for the development of my SaaS idea, I suddenly found out about a company that already developed a solution which should solve exactly the same problem. Also with let's say 60% the additional features that I thought of.
I've already mailed some trustworthy testers who are experts in the field to hear their opinion on the competitor's service. Furthermore I will be interviewing them if there are features of value that would be improving the service.
There are some small differences in which my concept is better, but I am currently having doubts about abandoning it or get it over with and move it. However, my seemingly USP is part of the core of the competitor's service. So right now I am really disappointed in the situation and frustrated in how I missed this.
The competitor has set up the service in a way that it isn't fully fastlane, because of the long buying process instead of buying and setting it up in 5 minutes. And apparently their marketing isn't on point, because my testgroup with people from different backgrounds had never heard of it.
What would you recommend me to do? Abandon, start from scratch on a new idea? Or try to make some changes and adapt?
So I've gotten quite a setback. Just when I wanted to give the green light for the development of my SaaS idea, I suddenly found out about a company that already developed a solution which should solve exactly the same problem. Also with let's say 60% the additional features that I thought of.
I've already mailed some trustworthy testers who are experts in the field to hear their opinion on the competitor's service. Furthermore I will be interviewing them if there are features of value that would be improving the service.
There are some small differences in which my concept is better, but I am currently having doubts about abandoning it or get it over with and move it. However, my seemingly USP is part of the core of the competitor's service. So right now I am really disappointed in the situation and frustrated in how I missed this.
The competitor has set up the service in a way that it isn't fully fastlane, because of the long buying process instead of buying and setting it up in 5 minutes. And apparently their marketing isn't on point, because my testgroup with people from different backgrounds had never heard of it.
What would you recommend me to do? Abandon, start from scratch on a new idea? Or try to make some changes and adapt?
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