Should You Embrace or Avoid Competition(?)

i think that if you stand a realistic chance of attacking the competition then you should go for it - after all supply and demand dictates that if there is a lot of supply, there is probably equal demand.

it depends on how much you wish to invest though. for example if you intend on creating a long-term authority site it makes chance to hit a competitive niche, if on the other hand you want a flash in the pan quick earner, it might be easier to jump on short lived trends.

Depends how high the competition is and how much money you have.

This is what I thought.

Do not treat your competition as competitor. You and he got different product in same niche. So you and his product is COMPLIMENTARY.

Embrace him, ask to put your product in his thank you page, you can place his product in your thank you page also, and split the profit.

This way, every one wins, no one being competitor. Just friend.

I try to control the market as much as possible even if it means I have to "put down" others. I know lots of people have a "Well, competition can be good" - but I do not think I will ever agree with that. I'm in it to win it, and gain control so that I can continue making money.

So, I don't like competition because it means I have to spend money and energy, two things I am trying to Not spend. I don't know who would like competition, but I just know I do not.

Take out all competition by any means necessary mahahahahaha

Many poisons are nearly undetectable. Or, you could have a special gun created that fires ice bullets. The evidence melts away. Of course, you'd have to eliminate the gun creator and anyone he might have talked to. That's messier and more work for you.

Yep, I'd go with the exotic poison.

Good luck with it!

A person can learn a lot from competitors in large niches.
One of the lessons I have learned is that often times, since many of the larger businesses already have great cahsflow, they overlook small details. These overlooked details can often be your avenue to putting your site right in the middle of the big dogs.
Something else I have learned by doing this, when you become a pest to these dogs, they don't like it. And if they find that their competitor big dog has made an offer on your website to get the fly out of it's drink, you are set to start a bidding war that can be quite lucrative. Neither of the big dogs want the other to have this fly in the water. They want it for themselves, even though they most often just dissolve the purchased website and let it remain in cyber purgatory until the end of time.

Though that isn't quite on track about selling products in a large niche, it is a strategy for flipping websites that can create a fair chunk of change when the conditions are right.

Also, it doesn't take a large percentage of a multi-billion dollar industry in order to make some fair pocket change.

I don’t think that you can easily find profitable niches with low competition rates. Therefore, the high competition levels are practically unavoidable. What really matters is the demand. There is competition in almost all niches, but not all niches are in demand. It’s smarter to face competition but work in niches where you’ll easily find many buyers.

I zig when others zag. Try to be original in your service. Offer things that people want but your competition does not yet have so you can shine on. There are advantages to having a small company. OK, you are more nimble for one. Also, people are more afraid to make mistakes in big companies. Often you can make some money before they jump in.

The main thing here is that people like to speak in constants. As if the top guy will ALWAYS be in the top spot.

I think that was a good point made about "fast versus slower", getting the quick result NOW, you have to avoid the competition and find a unique thread to move through. The long run, I have seen the top guys fall down and the new guys fall into place.

So for the long run plan, embracing your competition is a good idea. The more you know about it the more you can integrate your plan for top spot; though it may take a little while. All depends on your campaign ethic really.

I think too many people try and impose their beliefs/skills on others who may not be in the same situation.

For people just beginning, low competition can allow them success on making their first $ online with their limited skills. This early success is generally considered to be a good thing .

But as skills and knowledge increase, it only makes sense to go after higher competition where there is probably more money to be made.

Marvin

I say embrace, because only competitive niches are profitable, am I wrong???

Lazy to read all the answers and posts already given so if I repeat anyone's points and thoughts I am sorry .

There is this thing called approach. Like with everything you do in your life, you gotta have the right approach. So if you are going for Adsense for example and are on a low or no budget at all, the most logical solution is to go for the markets with low competitions, chase all kinds of bizzare niches and stuff like that.

On the other hand, if you go for list building and email marketing, you obviously don't want to build a list in a "60 W neon bulb" niche - you will go for mid to high competitive niches like IM, bodybuilding, weight loss, hair removal, preventing baldness, stop smoking, self improvement, healthy food etc.

If you promote entertainment/fun sites, you'll obviously go for some celebrity gossip or something like that.

The only possible answer is that it depends on what you do and how you want to monetize your efforts and your assets.