How can small businesses utilize the illusory truth effect for their growth?

The potential ethical considerations when using the illusory truth effect in business practices include the risk of manipulation and deception. Businesses may use this effect to repeatedly present information, making it seem more believable to consumers, even if it's not entirely accurate or truthful. This could lead to consumers making decisions based on false information, which raises ethical concerns. It's important for businesses to use such psychological effects responsibly, ensuring they're not misleading consumers or using deceptive practices.

A startup can use the illusory truth effect to gain customer trust by consistently repeating their value proposition and key messages. This could be done through various channels such as social media, email newsletters, blog posts, and more. The more customers hear about the startup's offerings and their benefits, the more likely they are to believe and trust in them. However, it's important for the startup to ensure that their messages are truthful and ethical to maintain long-term trust.