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How can we overcome the competition associated with online business ?
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[QUOTE="Mika, post: 223892, member: 29399"] There are many ways to survive the competition associated with online business. I will share a case study associated with facebook and tiktok, the two most popular social media platforms. Since facebook was well established social media, Tencent, the owner of toktok decided to create a new platform with a completely new feature, the short videos. Toktok was able to survive. When tiktok gave fierce competition, facebook decided to add short videos on its platform. You can see, toktok created new product, where as facebook implemented the feature that was getting popular with the audience. You can over come the competition by introducing new products [/QUOTE]
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How can we overcome the competition associated with online business ?
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