|
|
|
|
|
by hervature
1829 days ago
|
|
I think people expect the competition to be too perfect of a substitute when it comes to the internet. You are picking the most competitive market - burger joints - in an industry that everyone is forced to partake in: food. On a calorie basis, McDonald's and Burger King actually have some of the most cost effective foods. To me, it is like asking "who is the competitor to Costco? A membership bulk-only retailer, only Sam's Club!" If we relabel YouTube as "short segment internet video entertainment" than we have things like Twitch, Facebook, Instagram, Snapchat that all compete for our attention. I would even say that Netflix, Amazon Video, Apple TV+, Disney+, etc. all compete with YouTube. Of course, they are all unique, but that shouldn't be the bar of measuring "competition". When I used to run a university bar, I would say "we aren't competing with the other bars in town, we are competing with Netflix. How do we convince people to leave their rooms and walk across campus?" |
|