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Qi Bing SIA's avatar

It's well written with nice examples from Robert Cialdini. I do think manufactured scarcity is one of the bedstone of modern marketing. Behaviour science textbook explaine at length on how this works. Fascinating stuff. Thanks for sharing!

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The School of Knowledge's avatar

Thank you, I appreciate you taking the time to comment.

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Qi Bing SIA's avatar

I am procrastinating.

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Tim Ebl 🇨🇦's avatar

Great article. I’ve fallen for the online course clock countdown trick 2 times. Two times! And I haven’t finished either course. My credit card was mad at me.

I recently felt the FOMO when we were looking at property and someone else showed at the same time. The realtor booked us just like you said. We didn’t buy, but I felt it.

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The School of Knowledge's avatar

It’s very easy to fall for. Before I was in the supermarket and I seen some discounted sushi. Once the lady who was looking at them decided not to buy I picked one up. She then went back after seeing me buy one and picked the other up 😂

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Darshan Halai's avatar

Great summary on the scarcity principle and how we all get trapped into a false sense of scarcity.

The question is do you really desire the item or is the scarcity principle at play!

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