[brudgers]

Segmentation determines marketing strategy. [0] For some segments, FOMO works. For some it doesn't. For others it will have a negative correlation.

It is reasonable to be skeptical of advice on marketing from someone who is selling a product. Good luck.

[0]: Segmentation varies by product.

[kbr-]

> It is reasonable to be skeptical of advice on marketing from someone who is selling a product.

OTOH you should probably be even more skeptical of marketing advice from someone who did not successfully apply marketing to sell their product.

[brudgers]

I use segmentation. In the segments I focus on, buyers tend to be experienced, patient and aware of market alternatives. I set my price to filter against price sensitive customers. My marketing is based around “service” and supported by purchase experience. I enjoy the process because of those decisions.

Marketing based on FOMO can work. When FOMO sales works it will define the relationship with the customer. Customer relationships are what defines a business culture.

But it is good to be skeptical.

[kbr-]

Thank you for the insights.