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PRATHAM

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Apple • 5m

What I think is Startups having online services/app/website/digital products( eg: Zomato ) is way much better than startups having physical product ( eg: Chips ) 🚀🙂 Pros: 📈 • Easy To scale in Multiple places • Reach For global customer ( larger TAM ) • Not required making products again and again • If used Good security and tech, maintaining cost is low Cons: 📉 • Online market is not Large as offline market, it's still growing in Tier 1 and 2 cities. • In India people hesitate more to pay online than offline • Building initial tech, security, app or main product, generally requires huge initial investment and time • Technically skilled people are required not semi skilled, which increases expenses for salaries - I am confused about Marketing thing, reply what y'all think about this These are the points I found, let me know if I missed something 👇💬

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