The Good End is a shopping event held in Mexico over four days, at the end of November. During this event, participating businesses offer discounts and promotions on a wide range of products and services.
Economic Impact:
The Good End has a significant economic impact in Mexico. In 2022, the event generated sales of 134 billion pesos, according to estimates from the Business Coordinating Council (CCE). This represents a 30% increase compared to the previous year.
The Good End benefits the Mexican economy in several ways. Firstly, it generates revenue for participating companies, contributing to economic growth. Secondly, it creates temporary jobs, as businesses need to hire additional staff to meet demand during the event. Thirdly, it stimulates consumption, as consumers take advantage of the offers to buy products and services they otherwise could not afford.
Social Impact
The Good End also has a positive social impact. Firstly, it allows consumers to access products and services that would otherwise be inaccessible. Secondly, it encourages competition among businesses, which can lead to lower prices for consumers. Thirdly, it generates an atmosphere of celebration and optimism, which can have a positive impact on people’s mood.
Challenges
The Good End also presents some challenges. Firstly, it can lead to an increase in debt, as consumers may spend more money than they can afford. Secondly, it can encourage consumerism, as people may buy products they do not need. Thirdly, it can lead to pollution, as people may travel more to purchase products.
The Good End is a shopping event with a significant economic and social impact in Mexico. The event has benefits, but also challenges that must be considered.
- Economic sectors that benefit most from the Good End: The Good End benefits a wide range of economic sectors, including retail, tourism, the automotive industry, and the service industry.
- Consumers who make the most of the Good End: The Good End is popular among a wide range of consumers, including families, students, and the elderly.
- Strategies used by businesses to attract consumers during the Good End: Businesses use a variety of strategies to attract consumers during the Good End, including discounts, promotions, and special offers.
Tips for making the most of the Good End responsibly:
- Make a budget: Before you start shopping, make a budget so you don’t spend more money than you can afford.
- Buy what you need: Don’t be swayed by the offers and only buy what you need.
- Shop local: Support local businesses by purchasing their products and services.
- Recycle or donate products you don’t need: Once the Good End is over, recycle or donate products you don’t need to avoid waste accumulation.
The Good End is a shopping event that can be a great opportunity to save money and purchase necessary products and services. However, it is important to make the most of the event responsibly to avoid the challenges it can pose.v
