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When Is it Time to Leave a Saturated Niche or Market?
Manage episode 354777822 series 3037037
Вміст надано Jim Galiano. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Jim Galiano або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
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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