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what defines competition?

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(@abanoub-emad-nosehy)
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(@abanoub-emad-nosehy)
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I have a product that has 150 competing sellers, for around 150:300 pieces sold per month for the average seller, the bid for the most relevant keywords varies around $1.2:1.5, what is the maximum number of sellers that is not defined as a high competition for this product?

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Bradley Sutton
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(@bradley-sutton)
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Id say its who is ranking at the top of search for most of the top 10 keywords

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