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	<title>Comments on: The Law of Scarcity</title>
	<atom:link href="http://www.jimkukral.com/the-law-of-scarcity/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.jimkukral.com/the-law-of-scarcity/</link>
	<description>Small Business Consultant</description>
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		<title>By: pat</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12838</link>
		<dc:creator>pat</dc:creator>
		<pubDate>Fri, 01 May 2009 22:10:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12838</guid>
		<description>stupid if someone wants to buy two </description>
		<content:encoded><![CDATA[<p>stupid if someone wants to buy two</p>
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		<title>By: Freelance sales</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12763</link>
		<dc:creator>Freelance sales</dc:creator>
		<pubDate>Tue, 14 Apr 2009 16:05:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12763</guid>
		<description>I don&#039;t think it&#039;s BS - particularly the &#039;scarcity of time&#039; angle i.e. act now while stocks last, or &#039;offer ends saturday&#039; - these calls to action are great for motivating people who would otherwise dither to spend their money... 
 
Rob </description>
		<content:encoded><![CDATA[<p>I don&#039;t think it&#039;s BS &#8211; particularly the &#039;scarcity of time&#039; angle i.e. act now while stocks last, or &#039;offer ends saturday&#039; &#8211; these calls to action are great for motivating people who would otherwise dither to spend their money&#8230; </p>
<p>Rob</p>
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		<title>By: Jim Kukral</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12761</link>
		<dc:creator>Jim Kukral</dc:creator>
		<pubDate>Tue, 14 Apr 2009 02:30:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12761</guid>
		<description>So if it works, how can you say it&#039;s bullshit? Maybe you think the intent of using it to sell something is a bullshit tactic, but don&#039;t try to tell me it doesn&#039;t work. It works, well. </description>
		<content:encoded><![CDATA[<p>So if it works, how can you say it&#039;s bullshit? Maybe you think the intent of using it to sell something is a bullshit tactic, but don&#039;t try to tell me it doesn&#039;t work. It works, well.</p>
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		<title>By: Jim Kukral</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12760</link>
		<dc:creator>Jim Kukral</dc:creator>
		<pubDate>Tue, 14 Apr 2009 02:28:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12760</guid>
		<description>Thanks for the large comment Heidi. Great examples. </description>
		<content:encoded><![CDATA[<p>Thanks for the large comment Heidi. Great examples.</p>
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		<title>By: Stephen Tiano</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12759</link>
		<dc:creator>Stephen Tiano</dc:creator>
		<pubDate>Tue, 14 Apr 2009 00:49:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12759</guid>
		<description>Like much of marketing, scarcity is bullshit. Just a tool, based on the pretense that&#039;s necessary to move inferior products. Something that&#039;s done or made well may move faster using scarcity, but ultimately, a quality, product that people have a use for will tend to move. </description>
		<content:encoded><![CDATA[<p>Like much of marketing, scarcity is bullshit. Just a tool, based on the pretense that&#039;s necessary to move inferior products. Something that&#039;s done or made well may move faster using scarcity, but ultimately, a quality, product that people have a use for will tend to move.</p>
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		<title>By: LilaTovCocktail</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12758</link>
		<dc:creator>LilaTovCocktail</dc:creator>
		<pubDate>Mon, 13 Apr 2009 23:06:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12758</guid>
		<description>I&#039;ve never thought about scarcity as a tool, but it clearly works:  I reached this post by  following hacool&#039;s tweet: &quot;RT @jimkukral: I&#039;m only allowing 5 people to read this post, then I&#039;m deleting it. &lt;a href=&quot;http://tinyurl.com/ccaal4&quot; target=&quot;_blank&quot;&gt;http://tinyurl.com/ccaal4&lt;/a&gt; - Scarcity as a benefit.&quot;   
 
Not only did I feel completely compelled to click the link but as I waited for it to load I caught myself actively hoping I was one of the first five.  
 
In part I clicked through based on hacool&#039;s authority/reputation.  But part of it was the desire to be among the elect.  As a marketing tactic, does scarcity have an appeal regardless of the value of what is being offered ?  </description>
		<content:encoded><![CDATA[<p>I&#039;ve never thought about scarcity as a tool, but it clearly works:  I reached this post by  following hacool&#039;s tweet: &quot;RT @jimkukral: I&#039;m only allowing 5 people to read this post, then I&#039;m deleting it. <a href="http://tinyurl.com/ccaal4" target="_blank">http://tinyurl.com/ccaal4</a> &#8211; Scarcity as a benefit.&quot;   </p>
<p>Not only did I feel completely compelled to click the link but as I waited for it to load I caught myself actively hoping I was one of the first five.  </p>
<p>In part I clicked through based on hacool&#039;s authority/reputation.  But part of it was the desire to be among the elect.  As a marketing tactic, does scarcity have an appeal regardless of the value of what is being offered ?</p>
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		<title>By: Heidi Cool</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12757</link>
		<dc:creator>Heidi Cool</dc:creator>
		<pubDate>Mon, 13 Apr 2009 22:35:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12757</guid>
		<description>I&#039;ve not used scarcity in my own business or blog, but did use it on occasion at Case Western Reserve and the Cleveland Museum of Natural History.  
 
For the former we used it for event promotion, making sure people knew that seating would be limited for popular speakers or guest lecturers.  
 
For the latter we use it for events and promotional giveaways. I&#039;m on the &lt;a href=&quot;http://www.cmnh.org/site/GetInvolved/BecomeAMember/NatureLeague.aspx&quot; target=&quot;_blank&quot;&gt;Nature League&lt;/a&gt; committee at the museum and we&#039;ll sometimes have events that are open to Nature League members only. These could include behind the scenes tours or special curator lectures that the general public wouldn&#039;t have access to.  
 
At public events we&#039;ll also sometimes have raffles in which one of the prizes is something like a private tour (food and bevvies included) of the museum (including non-public areas) led by a curator. 
 
These tend to be quite popular because the participants get to see something that is usually unavailable. There is a certain thrill derived from getting &quot;insider access&quot; and they have the personal ear of a curator who can give them indepth answers to whatever questions they may have. Such events are naturally scarce, because it would be impractical for the museum to offer such things on a regular basis.  
 
Convenience can be another benefit of scarcity. When Mars was close to earth in 2003, 750 visitors came to the museum one night to look at the red planet through the observatory telescope. The Nature League has a small party that same night, so about 30 of us got to see it first before they opened the doors to the public.  
 
On the one hand we saw an amazing site, on the other we didn&#039;t have to stand in the enormous line we saw waiting when we left the museum that night. While such events seem &quot;exclusive,&quot; the barrier to entry isn&#039;t high, in most cases one merely needs to become a Nature League member to reap these and other benefits.  
 
For those with an interest in science, the outdoors and related social activities, access to these &quot;scarce&quot; events adds real value beyond what the would get as regular museum members.  
 
The same principle can be applied to many fields, it&#039;s simply a matter of offering something unique that has a strong appeal to the audience in question.  </description>
		<content:encoded><![CDATA[<p>I&#039;ve not used scarcity in my own business or blog, but did use it on occasion at Case Western Reserve and the Cleveland Museum of Natural History.  </p>
<p>For the former we used it for event promotion, making sure people knew that seating would be limited for popular speakers or guest lecturers.  </p>
<p>For the latter we use it for events and promotional giveaways. I&#039;m on the <a href="http://www.cmnh.org/site/GetInvolved/BecomeAMember/NatureLeague.aspx" target="_blank">Nature League</a> committee at the museum and we&#039;ll sometimes have events that are open to Nature League members only. These could include behind the scenes tours or special curator lectures that the general public wouldn&#039;t have access to.  </p>
<p>At public events we&#039;ll also sometimes have raffles in which one of the prizes is something like a private tour (food and bevvies included) of the museum (including non-public areas) led by a curator. </p>
<p>These tend to be quite popular because the participants get to see something that is usually unavailable. There is a certain thrill derived from getting &quot;insider access&quot; and they have the personal ear of a curator who can give them indepth answers to whatever questions they may have. Such events are naturally scarce, because it would be impractical for the museum to offer such things on a regular basis.  </p>
<p>Convenience can be another benefit of scarcity. When Mars was close to earth in 2003, 750 visitors came to the museum one night to look at the red planet through the observatory telescope. The Nature League has a small party that same night, so about 30 of us got to see it first before they opened the doors to the public.  </p>
<p>On the one hand we saw an amazing site, on the other we didn&#039;t have to stand in the enormous line we saw waiting when we left the museum that night. While such events seem &quot;exclusive,&quot; the barrier to entry isn&#039;t high, in most cases one merely needs to become a Nature League member to reap these and other benefits.  </p>
<p>For those with an interest in science, the outdoors and related social activities, access to these &quot;scarce&quot; events adds real value beyond what the would get as regular museum members.  </p>
<p>The same principle can be applied to many fields, it&#039;s simply a matter of offering something unique that has a strong appeal to the audience in question.</p>
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		<title>By: mike power</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12756</link>
		<dc:creator>mike power</dc:creator>
		<pubDate>Mon, 13 Apr 2009 22:12:24 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12756</guid>
		<description>Cuban cigars are only scarce in the USA. Here in the UK I can buy as many as I want whenever I want and it doesn&#039;t affect their quality or my perception of it. As a US citizen you can&#039;t even legally smoke one of my Cuban cigars in my country. Did you know that?  </description>
		<content:encoded><![CDATA[<p>Cuban cigars are only scarce in the USA. Here in the UK I can buy as many as I want whenever I want and it doesn&#039;t affect their quality or my perception of it. As a US citizen you can&#039;t even legally smoke one of my Cuban cigars in my country. Did you know that?</p>
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		<title>By: Tim</title>
		<link>http://www.jimkukral.com/the-law-of-scarcity/comment-page-1/#comment-12755</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Mon, 13 Apr 2009 22:07:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.jimkukral.com/?p=1453#comment-12755</guid>
		<description>I hate to be that self-promoting dude, but at least this is totally relevant. I run a used t-shirt site called Teecycle.org, and each shirt has an inventory of just ONE. Itself. How&#039;s that for scarcity?   </description>
		<content:encoded><![CDATA[<p>I hate to be that self-promoting dude, but at least this is totally relevant. I run a used t-shirt site called Teecycle.org, and each shirt has an inventory of just ONE. Itself. How&#039;s that for scarcity?</p>
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