Mental Trigger #7: Scarcity | Travel Research Online

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Mental Trigger #7: Scarcity

Why is it that we seem to always want what we don’t have? I found this to be true years ago when a dance club in New York City became the “in” thing. Studio 54 had a reputation to be extremely difficult to gain entry, if not down right impossible.

The fact that it was so hard to get in only made it more intriguing. (I tried on numerous occasions to “bust a few moves on the Studio 54 dance floor” but never managed the secret to gaining entry.) I remained “outside the ropes.”

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Scarcity is a force that only makes our desire more intense. We might not even be interested in the subject, but if we can’t have it, “we want it.” This seems to be a built-in human tendency.

The way “scarcity” is associated with travel has much to do with limited space or the special pricing offered: “If you act by midnight tonight…” It can also involve special amenities or VIP Add-Ons. A time limit is usually promoted and enforced. It is your obligation to clearly define everything that is included in your program, and then stress the importance of responding quickly… or else.

A phrase that comes to mind is, “You snooze, you lose.” I will never forget my Studio 54 experience, or lack thereof. It regularly reminds me of the phrase, “He who hesitates is lost.”


Mike Marchev has lots more to share with you. Email him today to receive a Special Report titled, “THE BEST ADVICE I EVER GAVE TRAVEL PROFESSIONALS” at mike@mikemarchev.com Be sure to write the word “advice” in the subject box, and while you’re at it, include what you enjoy about reading Mike’s column.

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