Online Marketing Secrets – Secret #14 – Value Lies In Scarcity
Online Marketing Secret Number Fourteen: We all put more value on what we believe to be scarce. When the scarce item is a commodity, its price goes up – and we will pay it. The basic economic philosophy is that when supply is low, demand goes up. And when demand goes up, you as the merchant can charge whatever price the market will bear. Even better, the supply crisis can […]
