meta_pixel
Tapesearch Logo
Log in
Dan Lok Show

How to Use Scarcity and Urgency to Increase Sales

Dan Lok Show

Dan Lok

Careers, Management, Entrepreneurship, Business

4.8826 Ratings

🗓️ 7 May 2019

⏱️ 8 minutes

🧾️ Download transcript

Summary

Have you noticed that people love to buy things they don’t need, just because someone else has it?

Say I show you a watch. You don’t think it’s a big deal – you already own lots of watches. But what if I said that there are only ten of these exact kind ever made in the world?

Suddenly the value of this watch goes up.

One of the ways we persuade people to buy is with psychological triggers such as scarcity and urgency. When there aren’t many of something, or you have a limited time to buy something, you feel more pressured to take action. Knowing this tactic, how can business owners use scarcity and urgency to get people to buy?

Ready to unlock life-long financial confidence and become unstoppable?
Pre Order Unlock it Here
http://www.unlockitbook.com/

Join The Next Free Masterclass By Dan
https://www.highticketcloser.com/masterclass

Show notes and free resources
https://danlokshow.com/

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, this is Dan Lockett.

0:07.0

Welcome.

0:09.0

Dan has been educating and inspiring individuals, entrepreneurs and leaders for decades.

0:18.0

He's helped millions of people to move past the mental barriers that were holding them back

0:24.6

from stepping into their power to become a better version of themselves and live a kick-ass life.

0:32.6

I know this firsthand as I'm Jenny Dan's wife.

0:41.5

And here's your host, Dan Locke.

0:46.6

How can you use urgency and scarcity to increase sales in your business?

0:52.7

Today, Dan shares a story about the diamond empire and how scarcity was used to drive up the sales of diamonds and simple strategies you

0:55.6

can use in your business.

0:57.3

Ethically of course.

0:58.9

Now here's your host, Dan Lowe.

1:01.8

For proven systems, cutting edge tools, and world-class education or just some cool

1:06.9

swags, visit DanLockshop.com. If you like the Danlock show, you'll love the Danlock shop.

1:14.5

Again, go to Danlockshop.com now.

1:20.5

If you want a whole new way to increase your value to the world

1:25.1

while earning a lot more money in life, Go to www.unlocketbook.com and that is

1:32.2

www.un-U-N-L-O-C-K-I-T-B-O-O-K dot com and get a copy of my new book. Within Unlocket,

1:43.9

you'll discover a set of unique strategies

1:47.0

to building personal wealth in ways you have never imagined.

1:51.0

Again, go to www.unlocketbook.com.

1:57.0

So seven psychological triggers to sell high price products

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Dan Lok, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Dan Lok and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.