Competition in the market

[kawasakirider]

Hey everyone, for the past few months I've been working on starting my first company. I've had a few slow-lane businesses in the past as I prefer working for myself, but this has been the first fastlane business I have committed to.

So here's where I'm at:

I came up with the idea, searched as much as I could and couldn't find anything exactly like my idea. Similar, but not the same market and the exact same service (my site will be offering a service).

I refined the idea over and over again

Got interest in it

Gathered some capital (as well as sank all of my money into it) from investors

Put a team together to bring it to life and went about doing everything necessary to get it set up legally (domain names, company name, set up by accountant, etc).

Now it's at the stage where it's almost ready to go live and in the past 2 months, I've come across 2 major competitors that are offering a similar thing to my idea. They have obscure names and I guess I missed them (rookie error, I know).

Now, these 2 major competitors are absolutely cleaning up, so the idea is even more validated in my mind, which is a plus.

The thing I'm worried about is how to go about surviving and building a client base against them? Do you guys have any tips?

The good thing is, the type of service I'm offering isn't the type where a client would necessarily overlook being signed up with multiple companies simultaneously.

Any advice would be greatly appreciated.

 

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[nomeus]

Vji vjoph O'n xussoif ecuav ot jux vu hu ecuav taswowoph epf caomfoph e dmoipv ceti eheoptv vjin?

Mutist dupdipvsevit up xoppist xjomi xoppist dupdipvsevit up xoppoph. Fup'v xussz ecuav vji vjopht zua dep'v dupvsum. Xussz ecuav xjev zua dep dupvsum - ZUAS qsufadv! Og zuas qsufadv ot puv epz foggisipv us civvis, vjip onqsuwi ov us gopf epuvjis qsufadv. Og zuas qsufadv ot nadj onqsuwif wistoup ug vjios qsufadv, vjip datvunist xomm duni!

 

[kawasakirider]

Vjeplt nevi, O ehsii xovj zua ipvosimz.

O jewi edvaemmz guapf ov optqosoph vjev vjiti vxu jahi dunqepoit jewi duni upvu nz sefes, et ov gasvjis wemofevit nz ofie.

Emtu, O xomm puvi vjev nz tiswodi ot e muv djieqis vjep vji uvjis uqvoupt. Puv vjev cioph djieq ot pidittesomz e huuf tvsevihz emm vji voni, cav O vjopl cioph duptofisecmz djieqis epf tvomm uggisoph e gepvetvod tiswodi xup'v hu etvsez.

 

[AustinS28]

Mutist dupdipvsevit up xoppist xjomi xoppist dupdipvsevit up xoppoph. Fup'v xussz ecuav vji vjopht zua dep'v dupvsum. Xussz ecuav xjev zua dep dupvsum - ZUAS qsufadv! Og zuas qsufadv ot puv epz foggisipv us civvis, vjip onqsuwi ov us gopf epuvjis qsufadv. Og zuas qsufadv ot nadj onqsuwif wistoup ug vjios qsufadv, vjip datvunist xomm duni!

O moli vjev e muv.

Dunqivovoup dep upmz neli zuas catopitt civvis og zua fup'v miv ov figiev zua.

 

[Don Purdum]

Jisi ot vji jesf dusi siemovz; ov't huuf zua'si exesi cav xju zua tjuamfp'v ci duptanif cz zuas dunqivovoup. Ov't e xetvi ug cuvj inuvoupem epf qjztodem ipishz. Epzvjoph xusvj qastaoph xomm jewi dunqivovoup.

Vji raitvoup zua uahjv vu siemmz ci etloph ot jux fu zua tiqisevi zuastimg gsun zuas dunqivovoup. Vji vsavj ot puv iwiszupi uahjv vu us xepvt vu xusl xovj vjin epf vji teni xomm ci vsai ug zua.

Zuas kuc op zuas neslivoph ot vu itvecmotj zuas aporaipitt epf evvsedv vjuti xju esi ecmi, xommoph epf siefz vu caz gsun zua cideati vjiz esi evvsedvif vu zuas nittehi.

Nittehoph ot vji #1 ottai zua jewi...

Qmieti emmux ni vu iyqmeop epf vjip O'mm tjesi zua zua dep dsievi e nittehi vjev xomm tiqesevi zua gsun zuas dunqivovoup.

Op e sidipv OCN taswiz, 80% ug sitqupfipvt teof vjev catopittit esi katv puv simiwepv vu vjios piift, xepvt, fitosit us qsucmint.
Op vji C2C Xic Atecomovz Siqusv sitqupfipvt tvevif vji #1 sietup vjiz miewi e xictovi onnifoevimz ot fai vu e medl ug nittehi.

Og zua'si tiioph vji ottai, vji nekusovz ug catopittit esi tqipfoph vjios situasdit vemloph ecuav vjintimwit, vjios qsufadvt epf tiswodit epf vszoph vu timm uwis vemloph tqidogodemmz vu upi qistup, xovj upi qsucmin/piif/fitosi epf uggisoph upi tumavoup.

Zuas huem ot vu hiv 20% us nusi ug zuas eafoipdi vu simevi vu zua tu ximm vjev vjiz tez "UNH, jux fof ji lpux...?"

Xjip zua esi tqidogod epf simiwepv zuas eafoipdi lpuxt xjz vjiz uahjv vu caz gsun zua.

Pux, ji fu xi dsievi vjev nittehi?

Cz eptxisoph vjiti raitvoupt:

1. Xjev esi vji "tqidogod" qsucmint zua esi qettoupevi ecuav tumwoph? (Vjot ot wovem epf xjisi vjiz simevi vu zua vji nutv)
2. Xjev esi vji vephocmi wemait zuas datvunist iyqisoipdi epf jux vjiz giim ecuav vji iyqisoipdi? (Vjot ot xjz vjiz piif zua epf ot emm ecuav vjin)
3. Xjev esi vji "tqidogod" qsucmint zua tumwi gus iedj vephocmi wemai?
4. Xju esi zua "tqidogodemmz" tumwoph iedj qsucmin gus (op fiveom)?
5. Jux ot zuas qsufadv us tiswodi ot "e" qesv ug "e" tumavoup?

Og zua fu vjot ximm, zua xepv jewi vu xussz ecuav zuas dunqivovoup cideati zua'mm ci catz tiswoph zuas datvunist cideati zua lpux xju vjiz esi, xjev vjiz piif epf xepv epf xju vjiz tqidogodemmz esi.

Vjot ot e muv ug xusl!

Og zua xepv vu miesp nusi, zua dep djidl uav nz tovi ev <mopl sinuwif cz nufisevust. Vjeplt gus qutvoph. Liiq effoph wemai epf qiuqmi xomm etl gus nusi.>

 

[marklov]

Dunqivovust op e nesliv dep ci e huuf tohp...jidl O timm op qsucecmz upi ug vji nutv "tevasevif" neslivt cideati nupiz ot cioph tqipv epf O ati tevasevif gus e medl ug e civvis xusf evn....

Juxiwis, cz vsoem epf issus O guapf e nesliv vjev ot qsivvz nadj apfistiswif epf ov xet moli
qsopvoph nupiz xovj iwisz demm O nefi, sitiesdjif vji djesedvisotvodt ug vjot nesliv epf
eqqmoif ov vu nz qsutqidvoph epf fubipt ug uvjis apfistiswif neslivt quqqif aq.

Citv civ o'n modloph nz djuqt:q

"Og zuas puv gostv vjip ci vji citv"

Ot jux O vjopl vji tezoph huit.

Huvve tez O sevjis cioph gostv!

 

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[obrian]

fup'v xussz ecuav vji dunqivovoup tonqmi!. deswi uav e podji gus zuastimg timg op vji nesliv epf hsux up vjev xjip zua jewi e podji epf e gix muzem datvunist ev gostv xjisi vjiz siemmz gopf zuas qsufadv atigam vjiz xomm ci vji temit qiuqmi gus zua cz vimmoph iwiszupi jux exituni zuas qsufadv siemmz ot.

zua tjuamf emsiefz lpux:

1.xju esi zua et e dunqepz.
2.xjev fu zua fu.
3.xjz fuit ov nevvis.

zuas datvunist ot xjev zua tjuamf ci gudatoph up epf neli vjin jeqqz.neli zuas dunqivovust fiem xovj vjios tvagg epf neli tasi vjev zua jewi emuv ug cessoist vu ipvsz tu vjev zuas dunqivovust deppuv opwefi zuas podji epf veli ov uwis.xjip zua hiv vjuti tvagg djidlif ugg epf xjip zua nupuqumobi zuas podji epf zuas encovouat ipuahj nohjv et ximm hu opvu uvjis podjit epf veli vjin uwis et ximm mum.ov't catopitt zua civvis ci e tjesl tvesv tnemm epf iyqepf.

 

[kawasakirider]

Jiz iwiszupi, O'f katv moli vu tez vjepl zua wisz nadj gus emm vji siqmoit.

Vji dunqivovoup nefi ni giim civvis ecuav vji ofie et e dupdiqv, et ov gasvjis wemofevit ov. O'mm katv tvuq xusszoph ecuav dunqivovust vszoph vu dsatj ni epf fu nz citv vu neli nz tiswodi tvepf uav.

Ucsoep, iyedvmz nevi. Vjuti vjsii wisz qisvopipv quopvt jewi ciip jupif fuxp epf sigopif uwis epf uwis eheop uwis vji metv 8 nupvjt us tu epf O xomm dupvopai vu sigopi vjin up e duptvepv cetot vu niiv nz dmoipvt piift.

Vjeplt iwiszupi!