Marketing & Advertising what eats most of the startups cash

There’s 2 ways for a startup to be successful, either it will offer something people will absolutely love, or it needs to put a lot of money in Marketing, actually Marketing & Advertising is what eats most of the startups cash!

take the case of Youtube, their cash was spent on servers and bandwith, but their product, “videos and movies hosting service” was loved by the public.

now take the case of Groupon, the spend most of their revenue advertising in every way possible and still i can’t say it became popular!

as for startups that don’t put enough money in marketing and they don’t have something that people love, they will have a rough road, they might last longer than if they spend on advertising but they have much less chance of success than those that advertise!

 

 

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