How to Use Scarcity to Create Irresistible Demand for Your Products
- Create a hard limit on the number of products or services you sell.
- Use a waitlist to manage demand and create a sense of urgency.
- Announce to the market well in advance when the product or service will be available again.
- Stick to your commitment on the number of products or services you will sell.
- Create a sense of FOMO (Fear of Missing Out) by having a waitlist.
- Consider allowing customers to sell their spot to others for a higher price, reinforcing the value of your product or service.
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