Remove urgency
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Why and how to use loss aversion in email marketing (plus 4 examples)

Martech

Loss aversion works best when you use it to help your customers avoid a negative outcome, such as: Paying more because of a price increase. Loss aversion, urgency and scarcity These three concepts often get treated as if they are the same. Urgency is strictly time-based but there may not be a loss involved.

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How to Implement a Promotional Pricing Strategy the Right Way

Hubspot

One of the best ways to do that is through a practice known as promotional pricing. Let's get a feel for what that term means, some of the more prominent examples of it, and what you need to do to implement a successful promotional pricing strategy. Here are some of the more prominent examples of promotional pricing.

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34 Clever Scarcity Examples to Skyrocket Your Conversions

Optinmonster

Products are sold at higher prices during natural disasters because scarcity affects supply and demand. Cracku: Urgency Through Countdown Timers Countdown timers are the best scarcity examples in marketing. Wildist : 50% Discount for 2 Days Wildist offers people to sign up for its workshops at half price, but only for 2 days.

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Black Friday/Cyber Monday Deep Dive

eDataSource

There are no explicit references to featured merchandise categories. All are implicitly or explicitly price-promotional. Two carry explicit time-urgency; one exclusivity. Two carry explicit time-urgency; one exclusivity. Only one references a merchandise item or category.

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Our Favorite Singles’ Day Email Marketing Examples and Strategies

Litmus

In 2020, Alibaba sold $74 billion worth of merchandise on Singles’ Day, up from an already impressive $38 billion in 2019. The beauty brand offered 20% off their entire site for one day of “much-needed self-care,” To further add to the urgency, Herbivore included “today only” in the subject line. Image via Statista.

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Email Scale and Sophistication Key Drivers of Amazon’s Prime Day Success

eDataSource

That disproportionality is explained by this year’s much lower average campaign send size, and especially by this year’s much larger share of send sizes directing offers for specific merchandise items to the smallest, most targeted audiences. These messages feature very specific merchandise items or categories. Ends tonight!

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A Last Look at Black Friday/Cyber Monday

eDataSource

Only two make explicit references to featured merchandise categories. Most are implicitly or explicitly price-promotional. Three carry implicit time-urgency. Only three reference merchandise categories. Five offer various kinds of pre-Black Friday sale access, with wording like “early,” and “preview.”