How to Beat Surveillance Pricing: Consumer Advocate Reveals Corporate Tactics
A new book by consumer advocate Lindsay Owen sheds light on the sneaky tactics employed by corporations to squeeze every penny from consumers.
Understanding Surveillance Pricing
- Corporations use software to change prices frequently
- Applications of opaque algorithms to manipulate prices
- Monitoring consumer behavior to tailor price strategies
Lindsay Owen, a consumer advocate, has written a book titled "Gouged" that reveals how corporations employ software tactics to squeeze money from consumers.
The Consumer's Perspective
Owen explains how surveillance pricing works:
"Corporations use software to change prices frequently, apply opaque algorithms to manipulate prices, and monitor consumer behavior to tailor price strategies."
Tackling Surveillance Pricing
In her book, Owen provides practical advice for consumers to combat surveillance pricing:
- Keep track of prices over time
- Shop around for better deals
- Use price comparison apps to find the best prices
<small>Source: Wired — read the original story there.</small>
