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Alex Moore is a Business Management graduate with a burning desire is to make it as an expert writer in the field. If you have any suggestions for him, do not hesitate to leave a comment or get in touch on Twitter.

How To Profit Off An Escape Room In A Competitive Market

Did you know that the first escape room was unveiled in 2007 in Japan, but the concept has Hungarian roots? Surprisingly enough, by 2015, more than 1,700 of similar businesses have sprouted around the world, bringing a new meaning to the terms of ‘teamwork’ and, of course, ‘puzzle-solving.’ Albeit a testament to their popularity, the rate of growth can also be construed as a sign that you may have some tough competition to overcome. To get a better idea of what you’re up against, you should definitely research your competition, to see how the market is divided. This will not only help you develop an effective business strategy to profit from your business venture in a highly competitive market segment but will also give you a general idea of what your clients expect from an escape room. 1....