Please I need ideas to be shared so one can find a solution to problems like this. And others who has intention of going in to business won’t be a problem or look like they’re being a competitor to the already existing business owners. this is the reason for this trend
If you think establishing an existing business seems like competition, then you are not ready, and you will find it very difficult to start up a business because there is no business idea you will think of that no one is doing already, and any business you think you want to start has already been in existence before. Any business you want to do, just look for a good location and start it up. The reason for the best location is to know if there is not much of the same business you want to start there, so establishing a business should be a competition unless you see it as competition.
try to study the price they are giving to buyers in that area to know how to fix your price to have more customers because customers use to consider price and quality of the product when buying the products, and if your price is cheaper than other sellers in that area and your product is good, you will definitely going to make progress in that area.
I don’t know if you want to sell at lost, but to be sincere, when you are in this type of place, they almost always sell at the same price, especially if they both have something in the same place. You know everybody sells based on how they bought it from a company or store that is bigger than their own, so if you think lowering your own price will help you, what if, regardless of how low your own price is, you will sell at lost? The thing is, just look for where the same business as your own is not too much and open your own store.