The concept of limited edition artwork, collectibles, or ice cream relies on the principle of __________ to get customers to buy and buy quickly.

Name: The concept of limited edition artwork, collectibles, or ice cream relies on the principle of __________ to get customers to buy and buy quickly.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

The principle of scarcity is used in marketing limited edition items to create a sense of urgency among consumers, encouraging them to purchase quickly before the item is no longer available.

The Concept of Limited Edition Artwork, Collectibles, or Ice Cream