Big players like Amazon nail this with Prime's seamless opt-out process, but critics argue it toe the line between clever strategy and manipulation. 🤔⚖️
The lesson? Understanding consumer psychology can supercharge your biz—but should we be okay with strategies that skirt ethics? #BusinessPsychology #NegativeOptionBilling #ConsumerRights #SubscriptionTrap #EthicsInBusiness #PrimeDeals (2/2)
Your "smart" home just got a lot less smart! 🏠🧠
Futurehome customers who bought devices expecting lifetime functionality now face a $117/year subscription fee or their gadgets become expensive paperweights. Nothing says "future of tech" like turning purchased hardware into rental agreements! 💸
After filing for bankruptcy, Norwegian smart home company Futurehome abruptly transitioned its Smarthub II and other devices to a subscription-only model, disabling essential features unless users pay an annual fee. Needless to say, customers aren't too happy with the move as they bought the hardwar...
‘Piracy’ Scam Exploited Movie Fans For 20 Years, Suddenly Cited as Major Threat
#fakestreamingplatforms #fraudulentpiracysites #subscriptiontrap #PiracyResearch
What's next? Gotta have YT Premium to see more than 30 seconds of the video?Take click to cancel, the FTC's perfectly reasonable proposal that if you sign up for a recurring payment subscription with a single click, you should be able to cancel it with a single click.
https://pluralistic.net/2023/07/14/making-good-trouble/
A great read and a learning experience. #FTC #SubscriptionTrap