Build a business and earn and income with hundreds of training tutorials

Start Your Own Business or Grow an Existing One

Hundreds of step-by-step video tutorials and tools show you how to find profitable markets, get product ideas, source the best products to sell, build profitable websites easily, and drive qualified traffic. Plus, discover how to outsource it all.

Everything you need to start or grow your own highly profitable web business — regardless of size or model.

  • 1,000s of ready-to-sell products
  • Ideal for any skill level or business
  • Learn anywhere, anytime, 24/7
  • Use it risk-free for a full 30 days

Want More? Click Here For Details »


Written by Michel Fortin

Use Scarcity To Sell, Not Scare

shoppingTake­away sell­ing, for the unini­ti­ated, is a way to limit the sup­ply of a prod­uct or ser­vice in some way to increase scarcity of an offer. Because it’s a proven fact that scarcity sells.

It’s that age­less law of sup­ply and demand. The less the sup­ply is, the greater the demand will be.

Peo­ple don’t know how much they want some­thing until it’s about to be taken away from them. As Jim Rohn once said, “With­out a sense of urgency, desire loses its value.”

Why? Because pro­cras­ti­na­tion is the biggest killer of sales — par­tic­u­larly online where the chances of a prospect stay­ing on or return­ing to a web­site (in order to think about buy­ing), in today’s click-​​happy world, are just as scarce.

It’s like walk­ing into a depart­ment store and you see a shirt you’re inter­ested in. Since there’s none in your size, you ask the sales clerrk if one is avail­able. The clerk goes into the back­room and emerges a few moments later, say­ing, “I found one in your size…

… But it’s the only one we have left in stock.”

Now, how much more do you want that shirt?

That’s the power of take­away sell­ing. In fact, I’m about to make a shock­ing state­ment. One that will force you to look at things in a dra­mat­i­cally dif­fer­ent way. It even might shock a few copy­writ­ers and “online con­ver­sion” pundits.

It is sim­ply this: I’ve grown even more con­vinced over time that great copy is not meant to induce action, espe­cially online. Yes, your copy’s job is not to get peo­ple to act.

It’s really meant to pre­vent procrastination.

Why? Because copy should not sell peo­ple and pres­sure them per se. It should help them buy what you sell and pre­vent them from mak­ing a wrong decision.

Pro­cras­ti­na­tion is a deci­sion in itself, albeit a bad one.

Peo­ple go online for one rea­son above all: infor­ma­tion. They are search­ing for spe­cific infor­ma­tion. So they find your site through research, or they are land on it through some affil­i­ate pro­mo­tion, ad, or offer made else­where. They are ini­tially interested.

There­fore, to a large degree and unlike the offline world, they’re pre-​​qualified. Just like a shop­per who’s brows­ing in a retail store, the moment they hit your site they’re “in” your store. They’re brows­ing around. Lit­er­ally. So it’s safe to say they’re in the market.

(Granted, that’s not true all the time. But again, they are qual­i­fied to a great degree — at least to a greater degree online than a bunch of peo­ple on a direct mail list you have no knowl­edge of, other than some basic demo­graphic data.)

Nev­er­the­less, as the say­ing goes, “Peo­ple don’t like to be sold. But peo­ple love to buy.” So scarcity, used prop­erly, helps them buy — and not pres­sure them to act.

Some peo­ple will still buy from bad copy. So poor copy isn’t the great­est killer of sales, pro­cras­ti­na­tion is. Because it’s the nat­ural fall­back posi­tion when­ever we feel con­fused, insuf­fi­ciently informed, or coerced — whether the copy is to blame or not.

Even if the offer is out­stand­ing, the prod­uct is per­fect for them, and it’s exactly what they want, peo­ple will always — always! — pro­cras­ti­nate if given the chance.

(How many times have you bought from some­one who used scarcity but whose copy was less than desir­able? You prob­a­bly did it more times than you care to count.)

Look at it this way: give a chance for your prospects to pro­cras­ti­nate, and they will.

Guar­an­teed.

So use take­away sell­ing in order to stop peo­ple from pro­cras­ti­nat­ing rather than get­ting them to take action now. In other words, shape your offer — and not just your prod­uct or ser­vice — so that it is time-​​sensitive, quantity-​​bound, or event-​​based.

Even pre­ven­ta­tive scarcity works really well, such as one tied to less­en­ing the poten­tial aggra­va­tion of a cur­rent, unde­sir­able con­di­tion, or to elim­i­nate the fear of some immi­nent prob­lem, dan­ger, or ill-​​favored circumstance.

Either way, the impor­tant thing to remem­ber is to always give a rea­son­able, believ­able, and log­i­cal expla­na­tion to jus­tify your sense of urgency, or else your sales tac­tic will be appear disin­gen­u­ous and be instantly discredited.

So how do you apply scarcity? I’ve used one of three ways. You can:

  1. Limit the time
  2. Limit the quantity
  3. Or limit the offer

The first is done by adding a dead­line on the offer.

Add a real dead­line, and not some script that changes the date every­day. How many times have you come across a saleslet­ter where the offer had a dead­line that seemed to “mag­i­cally” bump ahead each time you vis­ited it? Peo­ple are not stupid!

On the other hand, scarcity done very well is when the prod­uct or the price is chang­ing after the dead­line, or sim­ply no longer avail­able or tem­porar­ily inaccessible.

(By the way, there’s an inter­est­ing take on the use of take­away sell­ing. I remem­ber one site that held a rab­bit hostage on its way to a slaugh­ter­house by a cer­tain date — unless you donated money or bought mer­chan­dise. Per­son­ally, I’m not too keen on the approach. It’s crude. But as an exam­ple of take­away sell­ing, it’s quite creative.)

The sec­ond is lim­it­ing the quan­tity of sales you can make.

Whether it’s a finite num­ber of units in stock, or a lim­ited num­ber of open­ings, always back it up with a real­is­tic rea­son. Some­thing log­i­cal. Some­thing real.

Per­haps it’s a “fire sale” (i.e., prod­ucts dis­counted because of min­i­mal cos­metic dam­age, for exam­ple), or per­haps it’s a way to deplete old stock to make way for the new.

Another way to apply scarcity is to raise the bar­rier of entry, such as through an appli­ca­tion and selec­tion process, longer wait­ing times, or higher prices and price increases. A great exam­ple of this is Aus­tralian den­tist Paddi Lund.

What­ever the rea­son, as long as it’s cred­i­ble and log­i­cal, and of course as long as it’s real, scarcity can become a pow­er­ful tool to dras­ti­cally boost sales.

Peo­ple buy on emo­tion first, then jus­tify it with logic. In fact, give them log­i­cal expla­na­tions in your copy fur­ther down, and many will actu­ally use your sug­ges­tions — be it con­sciously or uncon­sciously — as a way to back up their buy­ing decisions.

You make the excuses for them, in other words. And when you do, they will “own” your rea­sons for buy­ing now. (Even though those rea­sons came from you first.)

If you sell ser­vices, you can apply scarcity by lim­it­ing the num­ber of peo­ple you can take on as clients — either because there are only so many hours in the day (the most log­i­cal rea­son), or because overex­tend­ing your client base will dilute the value of the service.

(Again, you don’t have to stop tak­ing on new clients. You can sim­ply increase the bar­rier of entry, because if you have to work harder to serve more clients, then you cer­tainly deserve to get paid more. After all, if you’re busy, you’re in demand!)

Also, mak­ing the offer some­thing that’s secre­tive, exclu­sive, or oth­er­wise unavail­able to the gen­eral pub­lic, can arouse stronger motives in the psy­che of your readers.

Peo­ple are intrin­si­cally curi­ous. And peo­ple always love to get some kind of “insider’s edge” over the rest of the world. (If you want to learn more about this prin­ci­ple, I rec­om­mend Dr. Robert Cialdini’s book, “Influ­ence: The Psy­chol­ogy of Persuasion.”)

For exam­ple, there’s one pri­vate mem­ber­ship site, which cur­rently has an exten­sive wait­ing list. Once in a while, they “open their doors” to allow only a spe­cific num­ber of new mem­bers to join. Once they reach capac­ity, the sales page goes down.

The third is lim­it­ing the offer as it stands.

The way to do this is to limit other ele­ments that are part of the offer, such as:

  • The guar­an­tee – in other words, you offer a longer or more favor­able guar­an­tee, but only to a cer­tain num­ber of units or peo­ple or by a cer­tain date,
  • The bonuses or pre­mi­ums – this one is my favorite, espe­cially when the pre­mi­ums come from a third party, and I’ll come back to this in a moment,
  • The price – aside from typ­i­cal dis­counts, per­haps it’s an immi­nent price increase, per­haps to cover the extra costs in deal­ing with more customers,
  • The pack­ag­ing – per­haps since the prod­uct is bun­dled with other prod­ucts or com­po­nents that won’t be avail­able after “X” amount sold,
  • The extras – as in free sup­port, free instal­la­tion, or free ship­ping, etc),
  • And so on.

Nev­er­the­less, I like all three tac­tics, espe­cially when the prod­uct is truly limited.

But for con­ve­nience, flex­i­bil­ity, and cred­i­bil­ity, I pre­fer lim­it­ing the offer with bonuses and extras — espe­cially when they come from third par­ties. Because often, bonuses can be lim­ited and changed, with­out lim­it­ing the sales of the core prod­uct or service.

If they come from another source, they can be lim­ited at that third party’s dis­cre­tion. This projects more believ­abil­ity, because it reduces the per­cep­tion of the owner’s con­trol over the lim­i­ta­tion, which may appear as self-​​serving or manipulative.

Plus, and more impor­tantly, it reduces skep­ti­cism as the bonus may actu­ally be sold else­where, and there­fore it is scarce by being added as a bonus in the first place — let alone the fact that the third party may put a limit on the quan­tity to give away.

For exam­ple, I did this with Stephen Pierce’s copy I wrote, where Stephen was giv­ing away a soft­ware pro­gram that com­ple­mented his info­prod­uct he was sell­ing — one that was truly being sold by some­one else on another web­site at a real price.

Stephen man­aged to secure per­mis­sion to dis­trib­ute only a cer­tain num­ber of copies as a free bonus to his info­prod­uct, mak­ing the offer truly scarce and valuable.

In nego­ti­a­tion skills train­ing, they call this approach the “higher author­ity” or “third party” gam­bit, where the lim­i­ta­tion appears to be out­side of the owner’s con­trol — mak­ing the take­away truly a take­away, and not some con­spic­u­ous, manip­u­la­tive ploy.

This is cru­cial, because too many peo­ple use take­away these days as an unfounded tac­tic to induce action, and not as a real rea­son to pre­vent procrastination.

So add a dead­line — a real, honest-​​to-​​goodness end-​​date — to your offer, limit the num­ber of prod­ucts you sell (or the num­ber of new mem­bers you allow to join), or shape your entire offer so that one or more ele­ments are limited.

To make sure that peo­ple believe your need to limit the offer, give a real, rea­son­able, and log­i­cal rea­son why, or else your tac­tic will work against you. Always back up every claim you make. (Because, like it or not, apply­ing scarcity is mak­ing a claim.)

Here are some examples.

If you add a dead­line, limit the num­ber of sales you can make, or limit the num­ber of clients you can accept, then you must explain why you’re doing so. You can also be vague, sure. But a real, hard, tan­gi­ble dead­line is always best.

Here’s an exam­ple of what I put on some sales let­ters I’ve writ­ten — they sell mem­ber­ships to pri­vate sites and offer per­sonal con­sult­ing to their members:

Exam­ple #1:

“Let me be can­did with you. I don’t know how long I’m going to keep the doors open to new mem­bers since this infor­ma­tion is extremely sen­si­tive. I don’t want to dilute the value of this infor­ma­tion for my pay­ing mem­bers. If you were a pay­ing mem­ber, wouldn’t you want the same, too? So, I must restrict the num­ber of users for qual­ity con­trol purposes.”

In the above case, the rea­son is very true and the lim­i­ta­tion nec­es­sary. Specif­i­cally, the author sells access to an insider’s direc­tory of “hot” real estate oppor­tu­ni­ties he finds through his unique scout­ing sys­tem, which he also teaches his members.

If too many peo­ple get their hands on these oppor­tu­ni­ties or the sys­tem, it will invari­ably lower the value of the infor­ma­tion to the member-​​base, and con­tra­dict the whole pur­pose of the site, which is to gain access to little-​​known, avail­able real estate.

Oth­er­wise, why would one join?

Exam­ple #2:

“We’re only human, and there are only so many hours in a day and so many peo­ple we can phys­i­cally attend to! So, in order to limit the num­ber of hours of coach­ing we do pro­vide, we must put a cap on the num­ber of new mem­bers for obvi­ous rea­sons. We can only guar­an­tee that peo­ple who sign up through [date] will qual­ify for mem­ber­ship in this pro­gram, which comes with per­son­al­ized coach­ing, custom-​​tailored sup­port, and this incred­i­ble set of free bonuses worth over $[amount]! So, don’t wait and join today. I’d hate to put you on a mile­long wait­ing list…”

This exam­ple demon­strates the impor­tance of the sup­port they offer pri­vate mem­bers and, at the same time, dri­ves home the idea that such a ser­vice is limited.

I’m sure the own­ers can hire part-​​time help, if the need ever arose. But noth­ing can replace exper­tise that comes straight from the experts — the more peo­ple join, the more indi­vid­u­al­ized coach­ing they must pro­vide, and the less time they have.

Exam­ple #3:

“If you act by mid­night, Fri­day on [date], you will get the three bonuses included with your spe­cial offer. But keep in mind, these bonuses come from var­i­ous third par­ties, includ­ing [3rd party name], over which we have no con­trol, and can be removed at any time with­out notice. I’ve only secured per­mis­sion to give away [amount] copies of this bonus bun­dle. So the time to act is now!”

The above is an exam­ple of mak­ing the offer lim­ited through a bonus. You can also accom­plish this quite effec­tively by tai­lor­ing your offer as a spe­cial back­end or alter­na­tive offer to a list of non-​​buyers, after they’ve seen the orig­i­nal offer.

Ulti­mately, add some kind of con­straint. Even if it’s just inject­ing a sense of urgency. Because such lim­i­ta­tions implore at some uncon­scious level that they must take action now, even though you’re not directly push­ing them to act.

Above all, always make sure to back up your lim­i­ta­tion with a log­i­cal, gen­uine, and believ­able rea­son in order to avoid appear­ring mis­lead­ing or disingenuous.

For the more you make them feel that pro­cras­ti­na­tion is a bad deci­sion, the more peo­ple will feel com­pelled to buy of their voli­tion… and not pres­sured into buying.

About the Author

Last 5 Posts By Michel Fortin

Other Related Posts


Share
Category: Articles
You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed. You may reprint this article in your own publication or website, provided that you leave the content, the links, and the "about the author" section at the end intact.
Secrets From Masters of Copywriting

Secrets From Masters of Copywriting

New! Advice from top moneymakers Yanik Silver, Joe Sugerman, Dan Kennedy, Clayton Makepeace, John Carlton, Joe Vitale, and 38 others! Click for more »