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Scarcity Message Effects on Consumption Behavior: Limited Edition Product Considerations
Author(s) -
Jang Wonseok Eric,
Ko Yong Jae,
Morris Jon D.,
Chang Yonghwan
Publication year - 2015
Publication title -
psychology and marketing
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.035
H-Index - 116
eISSN - 1520-6793
pISSN - 0742-6046
DOI - 10.1002/mar.20836
Subject(s) - scarcity , consumption (sociology) , product (mathematics) , psychology , advertising , marketing , economics , microeconomics , business , sociology , social science , geometry , mathematics
Recently, many luxury brands have begun to launch limited edition (LE) products. When this happens, advertisers implement two typical types of scarcity messages for LE products: limited‐time scarcity (LTS) versus limited‐quantity scarcity (LQS) messages (Cialdini, 2008). Prior research offered empirical evidence that these scarcity messages make consumers feel that LE products are more special, unique, and valuable, and thus, positively influence their evaluation of the product (Aggarwal, Jun, & Huh, 2011). The current study examined the differential effects of LTS and LQS messages on different types of LE products by focusing on consumers’ need for uniqueness.