Erica joins this week’s podcast, and we discuss predatory marketing and sales tactics to avoid. We share the history of advertising and public relations and delve into everything from strategic marketing to unethical marketing to predatory marketing to illegal scams. We discuss aggressive upselling, high-pressure sales tactics, bait and switch, hidden fees and fine print, misleading claims, exploitative lending, Ponzi schemes, phishing emails, fake customer service numbers, and other internet scams. The more you know these tactics and manipulations, the better you’ll be able to protect your decisions and finances. Most importantly, we end with specific tactics and tips on how to avoid predatory marketing tactics and scams.
Show References:
- Book: Finance for the People: Getting a Grip on Your Finances
- Book: Bag Lady Papers, The priceless experience of losing it all
- Price of Avocado Toast Podcast MLM Mini Series podcasts:
- MLM Mini Series Part 1: You Won a Spa Day!
- MLM Mini Series Part 2: A Purpose Outside of Dishes & Diapers
- MLM Mini Series Part 3: The One Rule About Herbalife Is You Must Always Talk About Herbalife
- Inside Out Money podcast #003 – How and why to invest in index funds
- Places to report fraud:
- FTC Report Fraud
- Better Business Bureau
- US Postal Inspection Service
- Your local police station