The bad economy is affecting many people all over the world and football fans are no exception. This is apparent with the sad announcement that merchandising store Bucs and Bulls Heaven is closing down. The store, that sells merchandise for the Tampa Bay Buccaneers, has announced that due to fans cutting back and spending less money, they are having to close down. They are having a half price sale that will continue until everything is sold, when their impressive 16 years of business will come to a sad end.
As well as this, ticket sales for the Bucs have gone down in recent years, no doubt also a result of the bad economy. Fans just aren’t prepared to spend as much money on their team as before, with many choosing instead to watch their games from home where they can avoid high ticket prices and spend more time on other things like reading or playing on sites like OnlinePoker.com. It is getting harder for smaller, local businesses to compete with larger ones like Target or Walmart, so unfortunately many are finding it difficult to stay afloat.
However, Joshua Hall, an economics professor at the University of Tampa says that all hope is not lost. According to him, small businesses can use social media to their advantage, something that larger businesses find more difficult. They can tap into their target market and get in touch with potential customers, thus ensuring that they remain on the radar. There is more good news as well, as the owners of Bucs and Bulls have said that this is not the end for them. They have new ventures in mind and are planning on reinventing themselves in the sporting community. This is good news for Bucs fans and it will be interesting to see where their next move takes them.