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Dr. Mindy Weinstein

πŸ‘€ Speaker
406 total appearances

Appearances Over Time

Podcast Appearances

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And so it was really with all of that, that made me think like, this is such great information for businesses.

1967.518 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So it's businesses and marketers, but really if you're just a consumer who wants to understand why you make certain purchases or why you're doing what you're doing, it's still, you'll get a lot from it.

1972.846 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

You can.

2252.722 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So that's a really good question, actually.

2253.443 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And so sales is the best example of that.

2256.327 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

You don't want to continue to do a sale over and over again.

2259.873 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And some companies do that.

2263.658 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And I think about like, there's even a restaurant out here that puts out a promotion of like

2264.72 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

you know, dinner for two and it's a certain price and it's you get this, this and that.

2270.208 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

Well, most people are now conditioned that they're going to only wait until that promotion happens because they know it's going to keep happening.

2274.835 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And so it can be overdone.

2280.223 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And so it's important if you are doing something like that approach that you are mixing it up.

2282.706 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

You're not doing it, you know, all the time because that's really going to get people a little bit more excited when they do see something that's, you know, scarce and you're taking some approach versus you're doing it all the time.

2287.674 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

Yeah, if they were going to do a sale, I mean, it's going to, of course, depend on the business.

2303.916 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

But, you know, a sale every quarter, general rule of thumb, that should be okay.

2307.92 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

But you might even change the products that you're going to have, or if it's services, the services you're going to provide.

2312.325 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

But then I also know some companies, like I'm thinking of a med spa that I've worked with, that they do different sales every month.

2317.831 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

But they switch them up.

2325.119 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So it's not the same thing every month.

2326.782 View full episode β†’
Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

It's a mix of things.

2328.846 View full episode β†’