SPECIAL SERIES: The First 20 Listeners Will WIN BIG | Bathroom Break #19
Sep 2, 2024
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Jay, a marketing strategist known for his insights on urgency, joins to explore how to make messages feel pressing—even when they aren’t. They discuss powerful tactics like limited-time offers and the impact of multiple winners in promotions. Jay delves into the 'fear of not first' (FONF) strategy, revealing how it drives consumer action. The conversation even takes a quirky turn into unconventional marketing in the spiritual realm, showcasing unique business practices that thrive on urgency and referrals.
Incorporating urgency in marketing, such as limited-time offers, significantly boosts customer engagement and prompt action.
The shift from FOMO to FONF highlights exclusivity in marketing, enticing early participation through the allure of being first.
Deep dives
Creating Urgency in Marketing
Incorporating urgency into marketing strategies significantly impacts customer response and engagement. For instance, a marketing campaign for a new platform offered exclusive swag to the first 200 registrants, which resulted in exceeding that goal and capturing interest in a short timeframe. By using a time limit or emphasizing a limited offer, marketers can enhance the sense of urgency and prompt quicker registration or participation. The distinction between single and multiple winners also influences engagement, as offering chances for multiple winners often increases customer sign-up rates.
Leveraging Fear of Not Being First
The concept of urgency has evolved from the fear of missing out (FOMO) to a more compelling idea called the fear of not first (FONF). This shift encourages marketers to highlight exclusivity and the benefits of being an early participant, such as limited product releases that create desirability. For example, companies release trendy colors of clothing, making customers feel they must act quickly to avoid missing out on the latest styles. Utilizing subject lines that emphasize new releases can further heighten this urgency and encourage immediate engagement.
Urgency Through Exclusivity and Value
Exclusivity plays a crucial role in creating urgency, making potential customers feel they are part of a select group. For instance, offering lifetime membership at a lower price points out that the cost will increase significantly after a limited time. This strategy not only demonstrates a clear benefit of acting swiftly but also taps into the human desire to be among the first to experience a new offering. By effectively communicating these unique advantages, marketers can encourage prompt actions from interested individuals.
Ok so… real confession…I may not have a prize for you Marketing Bestie, except for a little nugget of Marketing gold called urgency.
How do you make your messaging appear urgent, even if it’s really not? And how can you leverage the artistic powers of a good time crunch to boost user response? Jay and I break down everything you need to know about this vital tactic before things get a bit spooky and I dive into tales of the great beyond.