- ARPDAUPosted 4 years ago
- What’s an impressive conversion rate? And other stats updatesPosted 4 years ago
- Your quick guide to metricsPosted 4 years ago
Scarcity, or “why I should know better”
Yesterday, I gave a talk on self-publishing at a TIGA event. It was fun.
As I sometimes do, I took along a number of copies of How to Publish a Game to sell at a conference discount. A substantial conference.
I only sold three.
Half the time I sell ten. The other half I sell three. Do you want to know the difference between the two scenarios?
When I sell ten, I have only ten copies with me. I announce that there are only ten, first come, first served.
When I sell three, I have twenty with me. Twenty clearly doesn’t look scarce. It looks plentiful, as if there is no advantage to having more.
In short, the more books I have with me, the fewer I sell.
The annoying thing is that I know this. I have read Influence by Robert Cialdini. I know that scarcity is one of the six key sales techniques. And now I have clear evidence that it is true. Evidence that hits me in the wallet.
So from now on, I am bringing scarcity back. I will never offer more than five copies at a conference discount.
Get ‘em while they’re hot.