Whether the discount is offered on social media, via email or in a banner on your favourite website, if a business you’ve ever been a patron of is having a sale you can be sure they’ll find a way to tell you.
“Temporary sales events are aimed at leveraging FOMO,” says Jason Pallant, a senior lecturer in marketing at RMIT University. “The idea is to make consumers feel like they will miss out on a great bargain if they don’t buy something right away.”