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Hurry! Only 3 left in stock! When scarcity signals are most powerful
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Reference: ART-3397-E
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Number of pages: 6
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Publication Date: Apr 1, 2020
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Source: IESE (España)
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Type of Document: Article
Description
Many retailers disclose product availability to get customers to buy, but does it really boost sales and profits? By studying this effect in online retail, we identify the contexts where scarcity signals are most powerful.