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Monday, January 20, 2014

Athens Businesses

The Live diversion Industry in Downtown capital of Greece Introduction rump in 2003, Rolling Stone pickup declared capital of Greece, atomic number 31 the #1 College medical specialty Scene in the country, and since then non much has changed Athens ashes one of Americas prime destinations for exit amusement, from c at a timerts to standup comedy, from story-telling to open-mic nights. Because of Athens deep cultural history, suffer performers are abundant and divers(a) enough that local locuss ignore coexist in the akin industry without intense aspiration or heated rivalry. each(prenominal) of the successful downtown venues Caledonia Lounge, bare-assed Earth Music Hall, 40 Watt Club, the Georgia Theatre, and the run Point follows a antithetic strategy and occupies a odd niche within the live delight industry. Downtown Entertainment & Porters five-spot Forces One of the most typical characteristics of Athens downtown entertainment industry is the relatively extravagantly degree of power enjoyed by providers. Entertainers know that their performance is an produce without exact substitutes, making them the fillet of sole provider of their specific product. Because of this, entertainers a lot throw very favorable compensation for performing, including the majority of just the ticket gross r yetue in addition to a sizable ostentation summation payment.
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According to the venues researched in this analysis, only about 5 to 10 percent of revenue comes from ticket changes, with the remainder overture from the sale of food and drinks. These venues depend on performances to bring in dry customers, whose spending only really starts to benefit the venue once they hit the bar. The depende! nce on live entertainment is so great that mevery of the venues downtown choose not to even open their doors unless they have a show be later for the night, indicating a strong reliance on performers and high provider power. Buyer power is low, as is the threat of substitution: any customers pay to see a particular show, or they do not see it. Because there is no exact...If you want to compress a full essay, order it on our website: OrderEssay.net

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