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When Is it Time to Leave a Saturated Niche or Market?
Manage episode 354777822 series 3037037
Sisällön tarjoaa Jim Galiano. Jim Galiano tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
I’ve noticed lately that many of the people who’ve been teaching online marketing for many are opting to leave the industry to pursue more profitable opportunities. It’s not a stretch to say that every popular market, topic, or industry has loads of competition today.
That’s most certainly a reality.
On the other hand, it also means that people are buying or spending money in that market. Competition isn’t a bad thing at all.
Market saturation, however, is another story.
Whenever we have a lot (or possibly too much) of anything, its value declines.
So, when do you stay, and when do you go? Do you decide? Or does the market decide for you? I would say – both.
More, along with real-life examples in today’s episode.
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