Thursday, August 9, 2007

A word about competition

What will happen if somebody will come up with a competing product?

What is your window of opportunity?

Who are your potential competitors?

Well, my view is very simple: if you do not have competition it is probably a sign that your market is either too small or its revenue potential is too low.

We have heard again and again "how come nobody didn't think about it before?".
My view is that great ideas are very simple.

We are acting in an unlimited market. 20M+ players are active and this number is growing. There is a room for some players. My only focus is to bring the best value to our users. The rest will follow.

Our market has a long food chain. I am not sure competition is the most accurate word for this market. How about coopetition? (hmmm, new word cooperation with competition). We cooperate with the properties, we are recruiting poker affiliates and casino affiliates and we service our users.

Somebody is volunteering to compete?
Itay

1 comment:

Stephan said...

Hi there,

I play online poker tournaments regularly in a couple of rooms.
I have my rss feed reader open regularly and I have all the poker rooms' tournament feeds in there.
I wonder what benefit does your software provide me?

Thanks
Stephan