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 ) ๐๐ Pros: ๐ โข Easy To scale in Multiple places โข Reach For global customer ( larger TAM ) โข Not required making products again and again โข If used Good security and tech, maintaining cost is low Cons: ๐ โข Online market is not Large as offline market, it's still growing in Tier 1 and 2 cities. โข In India people hesitate more to pay online than offline โข Building initial tech, security, app or main product, generally requires huge initial investment and time โข 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 ๐๐ฌ
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