Identifying Traps in the Marketplace
Identifying Traps in the Marketplace Have you ever had this experience: you’re watching an intense, exciting TV drama, and suddenly a commercial appears that leaves a deep impression about the product being advertised? This is no coincidence—it’s actually a carefully designed business trap. Today, let’s discuss how to identify and deal with these business traps in daily life, so you can become a smarter consumer. What are Business Traps? Business traps refer to the tactics companies use, leveraging principles of psychology and behavioral science, to guide consumers into purchasing their products or services....