Why do most new startup focuses on solving problem for tire 1 cities?
This is the question I had for very long time. In past few years I've come across many new startups that solves problem for tire 1 cities. Why is it? But of course it has reasons
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Anonymous 5
Hey I am on Medialย โขย 8m
Targeting Tier 1 cities first makes sense due to higher disposable income and market readiness, which helps startups refine their models before scaling to Tier 2 and 3.
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Can you win the Tier2/Tier3 market? ๐
Opportunities are much higher in Tier 2 and Tier 3 cities. But the penetration rste into these cities are very low.
This is majorly because its expensive to market in Tier2 and Tier3 cities, and the tradition
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