In the following ways used by manufacturers or sellers, consumers are exploited in the market.
False Advertising- The company makes false, fancy, and misleading claims in the advertisements of the products.
Wrong Pricing- Traders often charge deceptive and higher prices from their consumers than the prescribed retail price.
Deceptive Billing- Traders may sometimes sell fake or duplicate goods in the name of genuine goods.
Misuse of Customer Data- The customer’s details can be misused.
Poor quality – The traders may cheat the consumers by degrading the quality of the product and selling those in the market like expired products and defective items.
Final Answer:
False advertising, wrong pricing, deceptive billing, customer data misuse, and poor product quality are to exploit consumers in the market.