I just read a post by Ryan Carson, where he notes that someone has put up a job ad looking for a developer to make a clone of one of his products, Drop Send.
I think that job ad highlights one of more interesting things about web applications -- it takes very little effort for someone to check out and copy a successful product, especially since many web applications offer free trials and all you need is a valid email address to sign-up.
When you find people unexpectedly nipping at your heels, the old open source dictum "release early, release often" suddenly sounds like a good idea.
After all, the most obvious (though not the easiest) way to distinguish yourself from a sea of "me-too" players is to stay one step ahead by introducing something new and relevant to your application; existing users will find your product exciting again, and the buzz that the new features generates can bring in new users.
I am reminded of Joel Spolsky's blogpost where he came right out and said: "I can tell you that nothing we have ever done at Fog Creek has increased our revenue more than releasing a new version with more features."
Just goes to show how dangerous it is to rest on your laurels.
Showing posts with label Competition. Show all posts
Showing posts with label Competition. Show all posts
Friday, March 30, 2007
Stiff Competition
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7:35 AM
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Labels: Competition, Software
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