Dealing with new competitors
Hey,
For those who have a 1 year or older product in a niche, how do you deal with new competitors entering your niche?
Do you do anything special because of that or continue like before?
The niche is a bit small and won't support many competitors, that's why I'm a bit worried.
Why focus on variables you can't control? My only focus is the customer.
spending any time worrying about your competitors is nearly always a very bad idea. Double down on talking to your users and making them happy.
I quote @bentossell. Moreover, you can learn from them, like check what they do differently from you and consider implementing similar things. They certainly studied you, so it's part of the game. And, as always, competition leads to progress :)