Fitness Business Podcast: Leadership, Innovation, and Profit cover image

481 Mindy Weinstein: The Power of Scarcity in Marketing

Fitness Business Podcast: Leadership, Innovation, and Profit

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Why Scarcity Is So Effective

People often talk about choice anxiety these days. One of the reasons scarcity might be so effective is that it can help narrow down choices. It seems easier to choose a certain purchase if we know there is a limited supply, or if it's available for a limited time. As consumers, do you think we value freedom of choice? Or do we really want the choices to be made for us?

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