EPISODE · May 15, 2025 · 1 MIN
Ep.204 Loss Aversion: Why FOMO Drives Sales
from Good Morning, Money! · host Rosha Entezari
Loss Aversion: The Brain Bias That Sells Out OffersHere’s the truth: People are more motivated to avoid losing $100 than to gain it.That’s called Loss Aversion—and it’s why FOMO (fear of missing out) works so well in sales.💡 Use it ethically with:Real deadlines: “Doors close Friday at midnight.”Genuine scarcity: “Only 3 spots left for 1:1 coaching.”Vanishing bonuses: “This bonus disappears in 24 hours.”🛑 Just don’t fake it. False urgency breaks trust. But real scarcity builds desire—and action.Because in the brain’s survival wiring? Losing out > Missing out > Thinking about it later.Where can you add real urgency to your next offer?Send us Fan Mail
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Ep.204 Loss Aversion: Why FOMO Drives Sales
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