The psychology of time pressured sales

Very interesting article that I read here and reproduce below for an easier reading:

"During the holiday season, you can see several advertisements that are based on the psychology of time pressured sales and the “fear of missing out” or ‘FOMO’ mentality.   Phrases like “act now” and “limited time offer” are frequently used in advertising to prompt consumers to reduce speculation about the purchase, and pull the trigger to make a positive purchase decision.

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