Digital vs. Physical: Choosing Your Business Path

[Nomad]

Unless you aspire to work on a massive scale like Amazon, selling physical products may not be the ideal route due to build a business as it requires substantial investments and has operational complexities. Therefore, opting for selling digital products and services or selling physical products through print-on-demand or dropshipping method minimizes financial commitments. For small and medium-sized businesses, selling digital products and services is more feasible. With or without personal skills, creating products or hiring skilled individuals for creating digital products is more efficient.

 

[Grant]

Selling digital is likely the future, especially when it comes to most forms of media. We're already seeing physical media on the way out and digital media taking over. So at some point, we will have to move to digital.

 

[Nomad]

That's very true. Even if we are trying to sell physical products, we will have to use methods that do not require us to manufacture products, warehouse products and ship products. We will have to use methods that automates these things.