Chapter
Strategies for Reinforcing Scarcity of Products
27:02 - 30:26 (03:24)
The guest speaker suggests that reinforcing the scarcity of a product, to an active audience, through repeated launches, is a great strategy for promoting tech businesses and generating attention among consumers.
Clips
The more often you reinforce the scarcity of a product to an active audience, the better.
27:02 - 28:32 (01:30)
Summary
The more often you reinforce the scarcity of a product to an active audience, the better. Some stores like to launch new products regularly to attract customers just like the launch of a new iPhone.
ChapterStrategies for Reinforcing Scarcity of Products
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
In this podcast episode, the hosts discuss the potential benefits of starting a subscription-based bread of the month business, citing its low start-up costs and strong potential for customer retention.
28:33 - 29:30 (00:56)
Summary
In this podcast episode, the hosts discuss the potential benefits of starting a subscription-based bread of the month business, citing its low start-up costs and strong potential for customer retention.
ChapterStrategies for Reinforcing Scarcity of Products
Episode#143 with Jeremy Cai of Italic - Influencer Coffee Making Millions, What Cold Chain Is and Why It's Booming, And Tons of Ideas
PodcastMy First Million
The popularity of banana bread is surging, thanks to home baking trends on social media platforms like Instagram and TikTok.
29:30 - 30:26 (00:55)
Summary
The popularity of banana bread is surging, thanks to home baking trends on social media platforms like Instagram and TikTok. Making brag-worthy products is key to driving adoption, and banana bread is a good example of a low-skill cap product that people are sharing on social media.