Creating Scarcity In Tickets And Merchandising

I am sure you have heard about how marketers often play with certain emotional triggers to entice people to act quickly. You can use the same principles of scarcity when selling tickets and merchandising to your audiences. Creating scarcity implies restricting the supply of the things that you are selling to create a perception of shortage. This becomes even more effective if it is bundled up with a promotional offer, such as a discount or bonuses.

Some people are indecisive or slow about making their decisions and often end up being too late. Scarcity puts them in a spot where they become more inclined to jumping for it rather than “thinking about it later”.

If they are on your lists, they already are interested in your services. Give them a great offer for a limited time and they might say “heck, why not”…

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  • bobbicknell
    Great post on scarcity to get people to act. It truly makes sense and you gave a great example of it by raising the ticket prices on the 900+ seats. Also if people know an event will sell out it does create a sense of urgency!

    This can be applied to all sales online with a limited amount of items for sale. The customer doesn't want to lose out so they will act quite often the moment they get the sales letter or video. Thanks Simon!
  • This makes perfect sense Simon for concerts and events with a specific number of seats. We have to recreate that same sense of urgency for virtual events that don't have the same limitations, since technology has expanded our reach so significantly with tools like BlogTalkRadio and various conferencing tools.
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