Case Interview Preparation & Management Consulting | Strategy | Critical Thinking cover image

559: How to use scarcity to drive sales (with Dr. Mindy Weinstein)

Case Interview Preparation & Management Consulting | Strategy | Critical Thinking

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How Scarcity Is Used in Marketing Today?

There's a lot of examples even from the past. I could even go back farther than 50 years. Like thinking about Coca Cola in the late 19th century, the founder of the company would send out handwritten notes that were really in essence coupons. But where we are now, because we're in a digital age, you see a lot more drops. You have to download the Nike app, you know, to get to it. Or you see different e-commerce stores using the technology that's available today, like countdown timers and things like that.

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