A business with competition or one with less?

eldavis

Very Familiar
Member
Sep 4, 2022
15,114
665
Dex
$0.000
Raw Dex
$6.476
Do you think it is better to start up a business with lots of competition or would you rather go for a business with less competition. I think both have their advantages and as well as disadvantages. A business with competition means there are more traffic and more customers, while a business with less competition means its niche that is not too known.
 
AgoraForo - Digital Marketplace & Freelancer Forum

timewo

Notable
Member
Jul 30, 2022
2,792
212
Dex
$0.160
Raw Dex
$1.593
A business which has less competition will usually have less demand , so it may be difficult to find customers. For example it is very difficult to sell backlinks and guest posts now.
 

cherry123

Popular
Member
Sep 5, 2022
27,471
2,612
Dex
$0.591
Raw Dex
$0.101
I would go for a business with good amount of competition it would help me do better as I would strive to also be better so it better to be competitive and make more money
 

IB D

Well Known
Member
Jan 6, 2023
5,443
194
Dex
$0.000
Raw Dex
$0.101
You can start a competitive business in a location that has the need but the business is not saturated, avoiding competition to do better.
 
Back
Top