More startups choose to start on digital track
But having a physical outlet remains an option to showcase unique strengths
Singapore
A BIGGER and more diverse crop of Singapore startups have been taking the digital track to sell their wares instead of setting up brick-and-mortar outlets - even though it is not necessarily a more cost-effective way, say observers.
Startups used to have to knock on doors, connect with retailers, distributors or influencers, and make pitches to get their product on store shelves; these days, it seems they just need to be "cool" in the digital space to pull in followers and customers.
TRENDING NOW
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
AI infrastructure can lead South-east Asia’s next growth story: UOB
MAS eases family office tax rules, widens AML checks as Singapore vies for global wealth