Everything in the freelance world is going to get saturated. More people are leaving the 9-5 to work for themselves. The creator economy is only getting started!
This is not a bad thing though. Competition will always exist.
Everyone will need to find ways to set themselves apart. Find where you can compete.
Often these services become commoditized. Video Editing is a commodity. Anyone can do that from a phone.
What do YOU do better than anyone else?
Don’t try to compete on price, it is a race to the bottom. Compete by being super specific about the audience you serve, providing superior quality, or combining skillsets.
Example:
Do video editing ONLY for other digital nomads. Focus specifically on that audience. You know the lifestyle, you know what they should show, focus on them.
Go the extra mile in how you provide your service. Add your own custom tracks, b-roll, make splash screens, add animations ,etc. Be the best quality.
Combine video editing and copywriting. Write the copy for the captions or descriptions of these videos.
I have seen many waves of new competition into a freelance field. I started as a freelance developer in 2012. I survived the builders, and AI, and all the other “web dev is dead”. The reason was that I didn’t just develop websites. I created a scalable platform that would increase your revenue. Others only built websites and for some businesses that was ok.
Now I am focused on growing my newsletter for freelancers. I talk about a lot of this stuff over there if you want to check it out!
Everything in the freelance world is going to get saturated. More people are leaving the 9-5 to work for themselves. The creator economy is only getting started!
This is not a bad thing though. Competition will always exist.
Everyone will need to find ways to set themselves apart. Find where you can compete.
Often these services become commoditized. Video Editing is a commodity. Anyone can do that from a phone.
What do YOU do better than anyone else?
Don’t try to compete on price, it is a race to the bottom. Compete by being super specific about the audience you serve, providing superior quality, or combining skillsets.
Example:
I have seen many waves of new competition into a freelance field. I started as a freelance developer in 2012. I survived the builders, and AI, and all the other “web dev is dead”. The reason was that I didn’t just develop websites. I created a scalable platform that would increase your revenue. Others only built websites and for some businesses that was ok.
Now I am focused on growing my newsletter for freelancers. I talk about a lot of this stuff over there if you want to check it out!