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I like to compare it to the research done on olympics and their economic impact. Big investment in hopes of a strong injection in the economy. The opposite hap
by kkhire 11y ago
I like to compare it to the research done on olympics and their economic impact. Big investment in hopes of a strong injection in the economy.
The opposite happens, once the event is done, the facilities/stadiums/everything goes unused -- novelty and interest lost.
Same thing happens to these business when they worked with Groupon: make some money (oftentimes they don't even break even) during their promotions/deals, but as soon as it was over hardly any bothered to return.