"need to monetize" != Need to enshittify and squeeze every drop of blood from the stone.

There's a large spectrum of extreme profits before every getting to that point.

Your comparison is disingenuous.

In any case, folks are free to try local apps for their business and post results.

They're probably generating far less revenue now than if they started to kidnap and enslave people for profit. At what revenue does it start "working"?

Humoring your ridiculous comparison, no that’s not true.

Revenue maximization given mission constraints is usually the goal. SaaS is simpler, more economic and generally aligns incentives between parties better.

There are many things where a one time cost makes sense, though.

So you're saying they've reached peak revenue? The best they can do is stabilize? And that's why we've reached a point that it wasn't working but now it is?

When did I say they’ve reached peak revenue?

So what they are doing isn't working now? They are making far less revenue than they will be in the future.