The Reasons Online Businesses Fail: 3
Business : Online Business Competitors entering the market place. This is quite a common one, and nothing could be more frustrating! Imagine the scene: you spend years building up a nice little niche site with good site traffic, then a major company comes along and announces it is launching a rival service. The result can be devastating, and you must either try to adapt to occupy another niche, try to compete (which is virtually always impossible) or else move on, as hard as it is.
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