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It's likely that the SaaS you want to clone is far more sophisticated than you think. Even if you clone the features, you still have to clone the customers, mar
by mmcconnell1618 9y ago
It's likely that the SaaS you want to clone is far more sophisticated than you think. Even if you clone the features, you still have to clone the customers, marketing, business models, etc.
Is there a niche of customers that use the product you could target with a more unique offering? Find a way to provide more value to the niche. Yes, cheaper offers more value for the same product but there is more money in solving a valuable problem and charging more based on that value.
Competing on price alone is a really tough road to take in business. You end up with everyone losing margin and it is a race to bottom. Only really sophisticated operators can drive cost out of their business fast enough to stay ahead. If you don't want to be the next Walmart, don't compete on lower prices.