What does confusopoly mean?
Definitions for confusopoly
con·fu·sopo·ly
This dictionary definitions page includes all the possible meanings, example usage and translations of the word confusopoly.
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Wiktionary
confusopolynoun
An economic condition whereby the market force of competition is evaded via intentional obfuscation.
Etymology: Coined in The Dilbert Future by Scott Adams. From confuse by analogy with monopoly and oligopoly.
Wikipedia
Confusopoly
Confusopoly (aka Dilbert's confusopoly) is confusing marketing designed to prevent the buyer from making informed decisions. The term was invented by Scott Adams in his comic strip Dilbert. Adams defined a confusopoly as "a group of companies with similar products who intentionally confuse customers instead of competing on price". For example, similar items like mobile phones are advertised at various price plans according to different combinations of available minutes, text messaging capabilities and other services, thus making these offers practically incomparable when it could be easy to price similar units of usage to allow informed comparisons. The term confusopoly also applies because confusion within the targeted consumer group is purposefully maintained, so choices are based on emotional factors. In reality the mobile phone market is a perfect example of Dilbert’s confusopoly. That is, various price propositions are on offer with different combinations of free minutes, texts, and other services, whilst in reality the same level of usage would result in roughly the same cost, leaving the user so confused that they simply choose the product with the name they like the most – a fact most notably recognised by the operator Orange with their animal-themed tariffs, such as Dolphin and Raccoon, and by LG who give their phone’s names such as Chocolate and Shine. Indeed, there has been a recent trend to take this a step further with co-branding of phones such as LG’s Prada, and Samsung’s Armani offerings.
Wikidata
Confusopoly
Confusopoly is an economic, market term referring to the purposeful act by seller to confuse the buyer's set of informations in order to ease the buying. A combination of confusion and monopoly or oligopoly, Dilbert's author Scott Adams defines confusopoly as "a group of companies with similar products who intentionally confuse customers instead of competing on price". By examples, similar items such mobile phones are advertised with various price propositions according to different combinations of phoning time, text messaging capabilities, and other services, thus making these offers practically incomparable whilst in reality it could be easy to price on similar units of usage to allow informed comparisons. The term of confusopoly apply since confusion within the target buyers is purposely maintained, so choices are based on emotional factors. In reality the mobile phone market is a perfect example of Dilbert’s confusopoly.
Numerology
Chaldean Numerology
The numerical value of confusopoly in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of confusopoly in Pythagorean Numerology is: 8
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"confusopoly." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/confusopoly>.
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