How do you differentiate yourself when your niche is flooded with low-cost competition?

[Btaliat]

One of the issues that are likely to be faced by freelancers is being in a niche where there are many freelancers that are ready to go for low price. This will come with a lot of frustration. Because the moment you reject tasks, there are result available freelancers that are ready to take up the jobs that you are rejecting. In such a niche, how will you advise your audience? Can you share it in the comment section below.