A great play that many marketers run is to lean into the scarcity of a product or promotion. When there are only a few items left or a short time left to act, a buyer that is on the fence may be more inclined to make the purchase.
The fear of missing out and the desire to own something that is in short supply can be strong levers to pull for buyers.
It’s important to be honest about scarcity and not manufacturing something that can lead to distrust. An average consumer will often lose trust in a company if they feel like they’re being misled.
What you highlight will vary based on what your site offers, but a few common examples include:
When there are only a few items left in stock, Amazon showcases this fact with the number of remaining items directly above the Add to Cart CTA.
Newegg uses the space above Add to Cart to highlight:
Similarly, the bright contrasting color lets buyers instantly know that if they ultimately want to buy this item but wait more than 8 hours, they’ll have missed out on 41% savings.
The cart page can be a good place to remind customers of product scarcity or time-sensitive offers. If there is any hesitation in purchasing an item, the reminder might push a buyer over the edge to make the purchase.
Test different ways of presenting this reminder (e.g. designs, placement, and text), for instance:
Amazon includes a note of the scarcity in red below the product name and description. They also include “order soon” language to encourage customers to click Checkout promptly.
Start converting more leads today.