When you find out you’re the copycat
bbirnbaum.com
bbirnbaum.com
Highly recommend April’s book. As she puts it well, feature-rich might be considered complex, bloated while less features make it simple, elegant. It’s all in the messaging.
"We're like X, but cheaper"
"We're like Y, but designed for mobile"
What he meant was that competitors indicate there's a market.
It's unlikely that he meant that having competitors for competitors sake was useful in itself.
An interesting example is Airbnb vs. the existing "legit" homestay sharing companies.
The older companies proved there was a market, but Airbnb grew quickly without the older competitors being top of mind. And in fact, Airbnb actually illegally competed with hotels, not sharing homestays.
I was in a similar situation some time ago. I started working on an app with the main reason to teach myself Android programming. After a while I was quite content with the app and contemplated releasing it on the app store. I then started to become aware that this was a space were over a dozen other apps existed. I decided to go ahead anyway. Now it has grown to become a source of a bit of additional income and I dare to say meanwhile it's the most useful one of its kind on the app store (but still not the most popular one).
If there was only one instance of any sort of application or tool the world would be boring and we'd be stuck with only stale options.
They will help to build awareness of the need, and some users will not like their approach - possibly liking your more.
Keep going! :D