Are you tempted by products that are only available for a short time? What about the lure of something exclusive that only a few people have? Is it the product itself or the concept of scarcity of that product drawing you? The concept of scarcity in social psychology is that we are attracted to things that do not appear to be widely available. These things may be having a shortage or may just be accessible by fewer people. According to Robert Cialdini, scarcity influences our decisions. Don’t allow the concept of scarcity to obscure your actual feelings, opening yourself up
The Concept of Scarcity: Tricking You With “Limited” Stock










