Sangat Pedas

Startups And Obsession Over Competition

March 25, 2012 by Remco | 0 comments

Let’s talk about competition, in business or anywhere else. First intelligent thing that pops to my mind: there will ALWAYS be competition in any space where there’s money, power or status to gain. You might think DUUUHHH! but in emerging markets first movers tend to forget or not realize that. For a period of time some company is the only significant player in a certain space and then someone will show up and seriously challenge them.

Right now in Indonesia we see someone seriously challenging Tokobagus for the first time. After a long period in which Tokobagus dominated the market 701Search decided it’s enough and increased the marketing efforts to an unprecedented level for Berniaga. Rocket Internet is another player that’s basically challenging the whole e-commerce Industry striving for world-domination. And obviously the media portals are already much longer in a brutal fight for domination.

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