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How to Use Scarcity and Urgency to Increase Sales
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Manage episode 278564992 series 2458248
Have you noticed that people love to buy things they don’t need, just because someone else has it?
Say I show you a watch. You don’t think it’s a big deal – you already own lots of watches. But what if I said that there are only ten of these exact kind ever made in the world?
Suddenly the value of this watch goes up.
One of the ways we persuade people to buy is with psychological triggers such as scarcity and urgency. When there aren’t many of something, or you have a limited time to buy something, you feel more pressured to take action. Knowing this tactic, how can business owners use scarcity and urgency to get people to buy?
Ready to unlock life-long financial confidence and become unstoppable?
Pre Order Unlock it Here
http://www.unlockitbook.com/
Join The Next Free Masterclass By Dan
https://www.highticketcloser.com/masterclass
Show notes and free resources
https://danlokshow.com/
1173 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on August 01, 2022 20:45 (). Last successful fetch was on February 04, 2021 22:55 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 278564992 series 2458248
Have you noticed that people love to buy things they don’t need, just because someone else has it?
Say I show you a watch. You don’t think it’s a big deal – you already own lots of watches. But what if I said that there are only ten of these exact kind ever made in the world?
Suddenly the value of this watch goes up.
One of the ways we persuade people to buy is with psychological triggers such as scarcity and urgency. When there aren’t many of something, or you have a limited time to buy something, you feel more pressured to take action. Knowing this tactic, how can business owners use scarcity and urgency to get people to buy?
Ready to unlock life-long financial confidence and become unstoppable?
Pre Order Unlock it Here
http://www.unlockitbook.com/
Join The Next Free Masterclass By Dan
https://www.highticketcloser.com/masterclass
Show notes and free resources
https://danlokshow.com/
1173 episodes
All episodes
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