When do I buy? What is Scarcity?
6 Dec 2021 · 0 min

0:14
Scarcity makes people want things more. The speaker calls it the shrimp bowl effect: when something seems limited, you want it. Watch a cocktail party and you'll see it happen.

Scarcity makes people want things more. The speaker calls it the shrimp bowl effect: when something seems limited, you want it. Watch a cocktail party and you'll see it happen.
Now, there's also a technique called scarcity. I like to call it the shrimp bowl effect. And what this is, is that when something is less available, becomes more desirous. You can do it tonight or next time you're at a cocktail party or something like this.