Ep.204 Loss Aversion: Why FOMO Drives Sales

Loss Aversion: The Brain Bias That Sells Out Offers Here’s the truth: People are more motivated to avoid losing $100 than to gain it. That’s called Loss Aversion—and it’s why FOMO (fear of missing out) works so well in sales. 💡 Use it ethically with: Real deadlines: “Doors close Friday at midnight.”Genuine scarcity: “Only 3 spots left for 1:1 coaching.”Vanishing bonuses: “This bonus disappears in 24 hours.”🛑 Just don’t fake it. False urgency breaks trust. But real scarcity builds ...