11. The Power of Scarcity - Deepstash

11. The Power of Scarcity

People value what’s limited. Make your time, information, or offers seem scarce to increase their perceived worth and urgency to act.

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Similar ideas to 11. The Power of Scarcity

Scarcity

Scarcity

The Scarcity Principle states that opportunities appear more valuable when they seem limited in availability. This powerful motivator works because:

  • Limited availability suggests higher value
  • We hate losing freedoms and options we already have (psychological re...

SCARCITY

SCARCITY

  • Research shows that humans respond MORE to “fear of loss” than “gaining something“.
  • Companies will use “limited time offers” to make it appear products are in a short supply to increase buying frequency. 
  • The next time you’re sh...

The Power Of Scarcity

We have to make sure that we and our future generations understand what scarcity of money feels like.

We have to endow them essential skills for surviving without money, and help them realize what’s needed and what’s simply desired.

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