Sugarman Trigger #7 - Greed
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Ever notice how a big discount suddenly makes something irresistible? A person might not need another pair of shoes, but slap on a 60% off label and they’re reaching for their card like it’s a crime not to buy.
The Psychology Behind the Deal
That image of a stick figure sneaking off with a sack of bargains nails it: deep discounts trigger a rush that feels like getting away with something. It’s not logic—it’s emotion.
Why It Works
- Discounts create perceived value: “I’m saving money!”
- Scarcity adds urgency: “Only 3 hours left!”
- Social proof kicks in: “Everyone’s grabbing these deals.”
- The deal feels like a reward for being savvy.
Real-World Examples
- Amazon’s Prime Day hit $12.9B in 2023 by leaning on time-limited discounts.
- J.Crew Factory runs 60% off “today only” sales weekly—it keeps customers checking back.
- Black Friday 2022 saw $9.12B in U.S. online sales because the deals felt too good to miss.
Analyzed by Swipebot
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