Monday, May 14, 2012

Last Friday Night (TGIF)

 Mr. Feuer talked more about the challenges of running a stuffed toy business in today’s economy. He said in the last few years, since the economy is weaker then
it used to be, his business definitely been hurt. As he puts, when people go to the amusement park, which is the type of venue to which he sells most of his toys, people have a hierarchy of things they will spend money on. When the economy was better in the 90s, people weren’t as worried about how much they were spending. Now, however, they must prioritize. First they go on rides, since that is why the came to the park in the first place. Then comes food, since they have to eat. Last is always playing the crazy carnival games which are unbearably overpriced. It might cost five dollars to play a game where you try to bounce a ball into a bucket, and you might only win 20 percent of the time. What you win is probably only a small stuffed animal, that cost the amusement park a dollar. Thus, when the economy gets hurt, less people go to amusement parks and try to spend the least amount they can, which is often just rides a little food, maybe a carnival game or two, which doesn’t leave much room for stuffed animals. 




PS: Get the title? 

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