Sales happen when buyers fear missing out

Comments

• don@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Summary: self-proclaimed geek realizes that FOMO is very useful in monetizing people. Without saying so out loud, he quietly considers this strategy when factoring in what he feels he needs to do to be able to retire.

  An excerpt from one of the HN comments:

  FOMO is a horrible strategy when you expect to develop a long-term relationship with your customers. Self-respecting people won’t stand for it. They will either switch to a competitor out of spite, or blow aside your transparent sales tactic and keep pressuring you downward on price during negotiations.

  The trick to fighting the FOMO trick is to be self-respecting. Fuck FOMO and those who use it to make money off of others.

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