How to leverage scarcity?

People want things that are hard to get. 

An ice cream cone from the place that only opens on Sunday and sells 100 cones a day will taste better to many people than an ice cream cone from the rundown corner shop that’s open every day of the week.

… Even if they’re both secretly the same ice cream.

There are more ways to communicate scarcity than shouting “limited offer!” though, and that’s why we’re writing this. 

How to leverage scarcity in creative ways

Here’s a list of a number of creative ways we’ve seen successful marketers use scarcity:

  • Volume: “Only 3 left!”
  • Volume ambiguity: “We keep our client list small. Limited spaces left.”
  • Time-based: “The sale lasts until Friday.”
  • Limited edition: “This is the only time we’ll ever sell this product.”
  • Rare: “We’re only making 50 of this product.” 
  • Geography: “Only available in Vienna.”
  • Disappearing discount: “Every day of the sale, the price increases by $10.”
  • Lottery: “Due to demand, we’re picking 50 people from our waitlist at random.”

There are other ways to use scarcity, but these are most of the big ones you’ll see in e-commerce and B2B. 

Pick your tactics carefully

Some, like the lottery option, are best when you want to collect lots of emails. 

Others, like disappearing discounts and time-based scarcity, are good for converting customers fast.

Just depends what your goals are! 

Continue Your Journey

Video Game Ads: How are they faring in 2024?

1. May 2024
6 min read

There’s an engaged audience and then there are gamers. Whether you’re a casual Candy Crush enjoyer, a competitive e-sportist, or enjoy a casual, epic, single-player saga it doesn’t matter. You’re equally immersed in the game.  Gamers are focused, attentive, and prone to emotional decision-making. Which should—in theory at least—make video games a great platform to…

How your media buyer and creative strategist roles should work together

22. March 2024
2 min read

Not many brands realize this, but your paid social advertising team needs both a creative strategist and a media buyer. Why? Because success on paid social platforms depends on creating strategic ad creatives. And while your data-driven paid media specialists can handle the accounts, you also need a creative strategist who develops and spots new…

Should you hire an agency or a freelancer?

22. March 2024
2 min read

So you need the help of a talented individual (or group of them) on a project. You’re talking to a few agencies that say they can help… but you also know a couple of freelancers who could get the job done. Who do you hire? Here are our generalized, quick-and-dirty opinions, assuming the agency and…