"World of DaaS" cover image

Dr. Robert Cialdini - 7 Principles of Influence Explained

"World of DaaS"

00:00

Scarcity and Competition Drive Customer Conversion

Scarcity and competition for a scarce and desirable resource have a significant impact on customer behavior. A study of 6,700 online commercial sites revealed that scarcity, especially limited numbers available, was the top factor prompting visitors to convert into customers. This finding highlights how human nature responds strongly to the idea of competition for scarce resources.

Play episode from 20:46
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app