10min chapter

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7 marketing psychology tips you can apply today

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CHAPTER

The Power of Scarcity and Reciprocity in Consumer Behavior

This chapter examines how the psychological principle of scarcity can elevate perceived value and influence purchasing decisions, using historical examples like the rental of pineapples in 16th century England. It also explores the role of reciprocity in marketing, showcasing how personalized gestures and social dynamics can drive consumer generosity and loyalty.

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