Barriers to entry on the web are low and most good ideas can be quickly imitated.

Name: Barriers to entry on the web are low and most good ideas can be quickly imitated.
Brand: Quizplus
Rating: 5.0 (35 reviews)

Question

Quizplus · Accepted Answer

On the web, anyone can easily create a website or app, and there are millions of businesses and individuals with similar ideas. This makes imitation and competition very prevalent, and puts pressure on companies to constantly innovate and differentiate themselves in order to stand out.

Barriers to Entry on the Web Are Low and Most