Re:Ask HN: What is your strategy for significant passive inc...
by mattmanser on Monday March 08, 2021 @08:09PM
(#26394012)
I've worked with two startups in this space.
Restaurants are pretty bad customers. Not tech-savvy, high churn, can suddenly stop paying with no warning, don't have a lot of money.
They won't be seeking you out, so you've got to do phone sales or even in person, then you're only charging a few hundred bucks? Doesn't work.
It's one of the worst segments you can target, especially as you'll essentially be up against them simply having a Facebook business page or something like Wix with a PDF menu on it.
Restaurants are pretty bad customers. Not tech-savvy, high churn, can suddenly stop paying with no warning, don't have a lot of money.
They won't be seeking you out, so you've got to do phone sales or even in person, then you're only charging a few hundred bucks? Doesn't work.
It's one of the worst segments you can target, especially as you'll essentially be up against them simply having a Facebook business page or something like Wix with a PDF menu on it.