TDAA Episode 29 | Drop Culture
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About this listen
One time only- drop culture! We talk its psychological implications on consumer behavior, the allure of limited releases, and the economics of contrived scarcity in marketing. The Doc analyzes historical examples of scarcity marketing, the influence of social media, and the value of dining experiences. Steve, Taylor and Kyle analyze how these factors contribute to consumer decisions and the emotional responses tied to purchasing behaviors.
Chapters
00:00 Introduction to Drop Culture 02:55 The Psychology of Accountability and Productivity Apps 05:41 New Year's Resolutions and Personal Goals 08:34 Consumerism and Limited Release Culture 11:18 The Thrill of Scarcity and Urgency 14:36 Historical Context of Branding and Scarcity 17:32 The Impact of Limited Editions on Consumer Behavior 25:00 The Craze of Collectible Toys 31:40 Scarcity and Demand in Consumer Culture 38:01 The Value of Culinary Experiences 46:47 The Allure of Unique Kitchen Tools 48:18 Understanding the Pre-MAC Principle 54:56 The Psychology of Limited Edition Products 59:14 The Evolution of Shopping Experiences 01:07:53 The Art of Buying and Returning
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