I knew I had competition even before I started API Bakery. After all, users already have some way of accomplishing their goal.
In the ten days after the public 1.0 launch (see earlier post), I found out about several more. The first one was kind of a shocker:
Then I found about a few more. Not competing product, but open source software accomplishing pretty much the same thing.
With each, I learn more about the "lay of the land" and think through what my unique value proposition is. After all, if I don't know about anyone else doing the same thing, how do I know what's unique about my value proposition?
Here's to more competition!