This tells about customers who spread the news or info that the products they bought are good so people also like to see the real thing and buy. It is an appeal to popularity which is fallacious. This argues that customers should purchase a product or service because everyone else uses it. The popularity of a product alone may not validate its value, but this fallacy creates an assumption that if many people use a product, it must be effective. This is a threat to good business centers whose sales are not soaring yet the products are genuine.
Business Fallacies
- Thread starter Starmix
- Start date
We live in an era where distinguishing between fake and genuine is quite tough. People are paid to write fake reviews. So, we can't be actually assured of the quality of the product by just reading the reviews. We will get to know it only after we have purchased and used it.
- Thread starter
- #5
There are people who are immediately carried by their emotions. they right away believe which is why many are scammed. Business fallacies may affect those businesses selling legit products. The people need to be very careful.
- Thread starter
- #7
That is the responsibility of both parties, the business owner and the customers. That is always the case if see people gather together in one section or department with an item they believed is legit, they all flock together. They failed to know it is not a legit product.
What can i say to this?
just be prayerful in your life and you will be able to stop some things from happening.
strike some things out from the root do not give any it any breathing space
just be prayerful in your life and you will be able to stop some things from happening.
strike some things out from the root do not give any it any breathing space
- Thread starter
- #9
Business fallacies though boom in some days but once people learned about the right quality of the product they bought they will no longer aspire to come back to the store. It's always good to be always transparent.
Right integrity and honesty are important for success in business. I witnessed a company grow rapidly from misleading promotions but their reputation was destroyed when the truth about the products quality was revealed.
- Thread starter
- #11
That is so bad for the business owner boomed instantly but defamation of his business will never last and the only way to escape shame is to close the business and move to other places.
I don't dwell on the popularity of the products to make purchases. I research deeper to how effective it truly is.
One fallacy about business is the belief that when you just set up a business, customers would come.
Business fallacy that is rampant is when motivational speakers tell you how they started their business with nothing and it blew up on just three years. Calm down. Tell us the whole story.
This is very rampant. They can even promote low budget Chinese brands that they don't even use at all.
