Hacker News new | ask | show | jobs
by bhoung 5384 days ago
Lowering costs to compete with the near free alternative makes your company a poor competitor in comparison to them. This is because you have much higher costs and probably are not sufficiently different to justify it.

Options: 1. lower costs and essentially adopt the crowdsourced model 2. increase costs and quality and sell a premium product

Either way, the main thing is that you have identified that you do not want to tread water.