How to Understand my Competition

I have a question about online competitor analysis - I'm looking to start a custom printed clothing store targeted towards campus organizations, such as fraternities and clubs. However, I'm wondering what the competition would be like, since I've noticed that there's a fair amount of stores that operate exclusively online (such as this one). How would my new business fare against competitors online, especially when I don't have a local audience? Any advice is welcome, thanks!
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TJ
ShyEntrepreneur
http://www.shelterislandhideaway.com/