Final answer:
OpenTable competitors have had a difficult time competing against OpenTable due to their early mover advantage, strong network effect, and continuous investment in technology and innovation.
Step-by-step explanation:
Open Table competitors have had a difficult time competing against OpenTable due to several factors. Firstly, Open Table was one of the first platforms to offer online restaurant reservations, giving them a significant advantage in terms of market share and brand recognition. This early mover advantage allowed Opentable to establish itself as the go-to platform for restaurant reservations, making it challenging for competitors to gain traction.
Additionally, OpenTable has built a strong network effect. As more restaurants and customers join Opentable, the platform becomes more valuable for both sides. This makes it difficult for competitors to attract restaurants and customers away from OpenTable, as they would have less selection and fewer potential diners. Lastly, OpenTable has invested heavily in technology and innovation, continuously improving its platform and adding new features. This commitment to staying ahead of the curve has made OpenTable the preferred choice for many restaurants and diners, making it challenging for competitors to match their offerings.