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When Is it Time to Leave a Saturated Niche or Market?
Manage episode 354777822 series 3037037
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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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