product as a service

What Challenges Do Entrepreneurs Face with PaaS?

While the PaaS model offers numerous benefits, it also presents unique challenges. One significant issue is the need for substantial initial capital to create and maintain a fleet of products. Entrepreneurs must also develop robust systems for managing subscriptions, logistics, and customer service. Additionally, the long-term profitability of PaaS depends on maintaining high customer retention rates, which requires continuous innovation and customer satisfaction.

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