A brand called Set Active created a campaign with a 25% discount for only 30 minutes, which then dropped to 20% for the next 30, and finally 15% for the rest of the day. This tiered scarcity model compels immediate purchases by creating a fear of missing out on the best deal.
Sean Frank of Ridge advises against complex, multi-day sales promotions. Customers don't track your website daily, and varied offers create anxiety that they might miss the best deal. A simple, clear discount that runs for an extended period is more effective because it's foolproof and respects the customer's limited attention.
Urgency is the primary driver of marketing performance. If a product, discount, or piece of content is perpetually available, it lacks compulsion and is not a true offer—it is simply a static feature. To motivate action, you must introduce scarcity by making its availability finite.
E-commerce brands can replace static sales pages with an interactive 'build your own bundle' tool, like Four Sigmatic. As customers add items, they see progress toward unlocking tiered discounts (e.g., 40% off at $99). This gamifies the experience, increases engagement, and drives up average order value.
Offer a significant, permanent discount exclusively to customers who sign up before a product or location officially launches. This creates urgency and scarcity, driving a large influx of initial customers and ensuring immediate profitability from day one.
Move beyond generic discounts by framing offers around the customer's immediate, often unspoken, intent. For example, a "last minute hero finder" speaks directly to the urgency of holiday shopping, while a "donation impact calculator" targets the specific motivations of year-end charitable giving, making the offer more compelling.
Instead of a generic '20% off' coupon, framing a promotion as pre-existing store credit (e.g., 'You have $21.63 in credit expiring soon') is more effective. This psychological trick makes customers feel they are losing something they already own, creating a powerful motivation to buy.
Contrary to the 'value first, pitch last' model, present the full offer before your launch event even begins. Then, create urgency by offering a new, valuable bonus each day that expires within 24 hours. This strategy leverages peak attendance on day one and frames the purchase as an opportunity to gain extra value rather than a hard sell.
Brands can host multi-hour live stream sales events, mimicking the scarcity-driven format of QVC. By having influencers demonstrate products and announce real-time stock updates ('Only 10 left!'), companies create a fun, interactive, and urgent buying environment that drives significant sales in a short window.
Discounts are effective for closing customers who are already trying to solve a problem. But applying these tactics to prospects without genuine pull manufactures a bad deal, leading to poor implementation and churn. It's a tool for execution, not demand creation.
Brands running one static Black Friday deal all November see consumer interest wane. The most successful brands introduce a significantly better offer on Thanksgiving evening, creating a massive revenue spike by tapping into learned consumer behavior of waiting for the best deal.