BizSugar.com › Startups › Is it True? The More Online Competition the Better for Your Online Business

It’s a common question – is more online competition better for your online business and the answer is absolutely yes! If you open a store in your city, the last thing you want is another similar store opening up on the same block or in a nearby vicinity. In fact, it’s generally agreed that less competition is better. So why is it when it comes to online business the more competition the better? Glad you asked.