3 ms·
My nich market sounds very similar to yours. I entered a market with 2 older competitors who were stagnating. We talked to a ridiculous number of people about
by leesalminen 11y ago
My nich market sounds very similar to yours. I entered a market with 2 older competitors who were stagnating.
We talked to a ridiculous number of people about what would make a better product. We then built that.
We charge ~40% more than our competition and have had remarkably few complaints about pricing.
My email is in my profile - reach out if you have questions!
- nicheqs 11y agoThanks for the inspiring answer. How have those competitors reacted?
- leesalminen 11y agoOur biggest/largest competitor is not happy :P. We've met with them a few times at trade shows now. They're decent people, but the founder (lead dev) told me point blank that he _will not_ write JS. We scared them enough to do a "rewrite". It took them nearly a year and consisted of installing Bootstrap and applying CSS classes. Oh, and copying a few (read: all) of my awesome (but super simple) features. They're yet to copy my difficult to build features. We're still switching people over from them every day of the week and not one of their customers has ever complained about the 40% increase in price. The only other company I would consider competition has done nothing to their product, message or marketing since we entered the market. There's a new competitor entering the market- but their product is far too simple. It's cute actually; reminds me of my concept for the product before talking to thousands of potential customers.