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a tactic sometimes called "artificial scarcity" by Veronica Summer





Article Author Biography
a tactic sometimes called "artificial scarcity" by
Article Posted: 03/20/2012
Article Views: 61
Articles Written: 9
Word Count: 310
Article Votes: 0
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a tactic sometimes called "artificial scarcity"


 
Blogs,Business,Sales
Now, he says, bloggers are a key advertising component: "They talk it up: 'Did you hear about the new Nike that's coming out? . You gotta be there.'"

Limiting the supply — a tactic sometimes called "artificial scarcity" — also fuels the demand in an age when young people are bombarded with products and looking for ways to stand out.

"It's harder and harder to make yourself different and Cheap Nike Air Foamposite One. Everybody has access to the same stuff," says Gary Rudman, president of California-based GTR Consulting, which tracks the habits of young people.

"They're constantly trying to update the brand called 'Me.'"

They do it with anything from clothes to electronic devices or even video game skills. For sneakerheads, it's all about showing off your shoes to gain credibility with your peers, he says.

Dina Mayzlin, an associate professor of marketing at Yale University, refers to this dynamic as "social signaling" — associating yourself with a hard-to-get brand to build status.

So companies are, in turn, limiting access to a product or service to create a buzz and reputation of Nike Air Foamposite One.

She and her colleagues have, for instance, studied Google and Spotify, an online music service — both of which have initially made some services available to consumers by invitation only.

"It's a bit of a puzzle — why would the company early on try to slow down the adoption of their product?" she says.

She found that the goal for Google, with Google+, or Spotify was to eventually try to draw in even more members who wanted what the initial members Nike Foamposite For Sale.

When you factor in what it costs to design and promote the limited edition shoes, Nike may not make as much money on them as it would if they were mass produced, Carberry says.

Related Articles - Nike Foamposite, Nike Air Foamposite, Cheap Nike Foamposite,

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