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Post on Medial

PRATHAM
•

Apple • 7m

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 👇💬

32 replies16 likes

Replies (32)

Giggity

Stealth • 7m

Online services are different from physical product startups it's like comparing cars to trucks both offer different services u can't compare them product based startups and services based startups are important there's no use comparing them

1 replies

Shrawan jha

Stealth • 7m

[This post has been deleted by the creator]

1 replies

Adwait watkar

Stealth • 7m

[This post has been deleted by the creator]

1 replies1 like

Harsh Gupta

Stealth • 7m

Marketing: having physical product gives a psychological satisfaction that they had purchased something (majority of the Indian , exception are there ) . If I am wrong please correct me.

1 replies1 like

Abhinav Amarapuram

Stealth • 7m

It's a tough choice, but it seems like the advantages of online services outweigh the challenges, especially with the potential for global reach and scalability, what's your take on tackling the marketing aspect?

1 replies1 like

Anonymous 4

Stealth • 7m

Most of the online services are bleeding not generating much profit while chips companies they are booming compare the share of Varun beverage to Zomato

1 replies1 like

Havish Gupta

Stealth • 7m

Btw great post bro

1 replies1 like

Havish Gupta

Stealth • 7m

Well that's true but more better differenciation would be thats a startup which helps consumer, solves their problem or provides conceive would grow. Like no one actually wants to eat expensive chips just because of their brandname, but they are using Zomato for the convince they provide

1 replies2 likes

Anonymous 3

Stealth • 7m

Great post Pratham! 👏

1 replies1 like

SamCtrlPlusAltMan
•

OpenAI • 7m

Tech Startups potentially enter the market to disrupt globally. After spreading their arms and legs a little bit like experimentation with expansion they understand the true demand of the product/service.

2 replies

Anonymous 1

Stealth • 7m

Ofc. That’s why they get such high valuations in the first place.

1 replies2 likes

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