Corporate greed: Difference between revisions
m Minor Grammar improvement: Tactic 5. "to" -> "into", "give" -> "giving" |
Moved some of the "See also" links into "Common Tactics Used to Increase Profits" as they are a part of some of the sentences. |
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==Common Tactics Used to Increase Profits:== | ==Common Tactics Used to Increase Profits:== | ||
#A company simply increasing the prices on products & | #A company simply increasing the prices on products & [[Subscription service]]'s alike for no apparent reason. | ||
#Using targeted/personalized ads in order to gain more data on someone, only to sell that data to more advertisers & third-party websites. | #Using targeted/personalized ads in order to gain more data on someone, only to sell that data to more advertisers & third-party websites. | ||
#Purposefully decreasing the quality of some products to save money and/or to encourage consumers to buy newer & more powerful items to replace the older ones. (Also known as "Planned | #Purposefully decreasing the quality of some products to save money and/or to encourage consumers to buy newer & more powerful items to replace the older ones. (Also known as "[[Planned obsolescence]]") | ||
#Decreasing the average wages of some or all types of employees. | #Decreasing the average wages of some or all types of employees. | ||
#Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a paywall or digital lock). | #Retroactively restricting access to features on items that you've already bought/paid for to push you into giving more money to use previously freely accessible features (more commonly known as a paywall or digital lock). | ||
#Implementation of | #Implementation of [[False advertising]] or [[Bait-and-switch]] tactics in a company's commercials to bring in more customers.{{Citation needed|date=January 19, 2026|reason=Citation is needed for all 6 tactics listed above & to the left.}} | ||
==See also== | ==See also== | ||
*[[Buy now, pay later]] | *[[Buy now, pay later]] | ||
*[[Financial censorship]] | *[[Financial censorship]] | ||
==References== | ==References== | ||
{{Reflist}} | {{Reflist}} | ||
[[Category:Common terms]] | [[Category:Common terms]] | ||