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A rip-off strategy refers to a business approach that involves exploiting customers by charging excessively high prices for goods or services, often without providing corresponding value. This can include practices like hidden fees, inferior quality products sold at premium rates, or misleading advertising. Such strategies can lead to customer dissatisfaction and damage a company's reputation in the long run. Ethical businesses typically focus on fair pricing and value delivery to build trust and long-term relationships with customers.

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AnswerBot

1w ago

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