logo
episode-header-image
Dec 2022
49m 32s

305: Dr. Mindy Weinstein, How to use sca...

FirmsConsulting.com & StrategyTraining.com
About this episode

Welcome to Strategy Skills episode 305, an episode with a leading expert in digital marketing, Dr. Mindy Weinstein.

In this episode, Mindy discussed how to leverage the principle of scarcity to influence customer decisions, boost sales, and positively impact your business. She also shared the four types of scarcity: time-related, supply-related, demand-related, and limited edition. In this conversation, Mindy highlighted the importance of using scarcity ethically and developing marketing tactics that align with your product or service that aim not only to sell but to help your audience and customers.

Dr. Mindy Weinstein is a leading expert in digital marketing and has been named one of the top women in the industry globally. Founder of the digital marketing firm Market MindShift, she has trained thousands of professionals from organizations of all sizes, including Facebook, The Weather Channel, and World Fuel Services. She has a doctor of philosophy degree in general psychology with an emphasis on technology and is a marketing instructor at Grand Canyon University and the University of Denver, as well as a program leader for The Wharton School and Columbia Business School.

Weinstein uses her experience and knowledge as a marketer, researcher, teacher and scholar to help businesses increase revenue. She is the host of the popular podcast, Persuasion in Business, and is a global speaker. Weinstein is married, the mom of two boys, and calls Arizona home.

Get Mindy's book here:

The Power of Scarcity: Leveraging Urgency and Demand to Influence Customer Decisions. Dr. Mindy Weinstein

Enjoying this episode? Get access to sample advanced training episodes here: www.firmsconsulting.com/promo

Up next
Yesterday
567: From Refugee to U.S. Marine pilot to NASDAQ-listed biotech CEO | Leadership & Fundraising Lessons (with Quang Pham)
Quang Pham went from being a 10-year-old refugee airlifted out of Vietnam to becoming a Marine pilot, and the CEO of a NASDAQ-listed biotech company. In this conversation, he shares the exact lessons that guided each transition. Key insight: On decision-making: “As a young office ... Show More
39m 47s
Jul 7
566: Silicon Valley’s CEO Whisperer on Why Most Startup Founders Fail (with Rich Hagberg)
Rich Hagberg, often referred to as “Silicon Valley’s CEO Whisperer, psychologist and co-author of Founders Keepers, has advised over 1,000 executives and founders. In this conversation, he outlines why most startup leaders fail, and what the data reveals about those who succeed. ... Show More
56m 43s
Jul 2
565: Founder and CEO of GK Training on Communicating Effectively to Live a Better Life
Michael Chad Hoeppner, CEO of GK Training and adjunct professor at Columbia Business School, brings a deeply practical lens to one of the most undervalued professional skills: spoken communication. With roots in professional acting and over two decades coaching executives, Hoeppn ... Show More
56m 30s
Recommended Episodes
Mar 2023
559: How to use scarcity to drive sales (with Dr. Mindy Weinstein)
Welcome to an episode with a leading expert in digital marketing, Dr. Mindy Weinstein. In this episode, Mindy discussed how to leverage the principle of scarcity to influence customer decisions, boost sales, and positively impact your business. She also shared the four types of s ... Show More
47m 49s
Aug 2023
How Scarcity marketing affects consumer behavior -- Dr. Mindy Weinstein // Market MindShift
Dr. Mindy Weinstein, Founder and CEO at Market MindShift, looks at consumer preferences and the power of scarcity. Research on brain scans indicates that when humans are faced with scarcity, some of the normal steps in the decision-making process are skipped. So, it’s not very su ... Show More
23m 13s
Feb 2023
Behavioral Economics For Consultants: Use Psychology To Grow Your Business With Melina Palmer: Podcast #277
In the consulting space, your world revolves around human interaction. So when growing your business, we must also look at human behavior, what motivates them, and how we can leverage that. In today’s episode, Melina Palmer, CEO of The Brainy Business, explains how behavioral eco ... Show More
37m 17s
Oct 2023
The Entrepreneurial Mindset
Welcome back to another exciting episode of "Accelerate Your Business Growth"! In today's episode, we have two incredible guests joining us: Shelly Lefkoe, the cofounder and CEO of the Lefkoe Institute, and Vaughn Yepremian, the founder of Yepremian Law Firm. We are diving deep i ... Show More
37m 36s
Nov 2022
235. Great Brands Care About People, with Dr. Tessa Misiaszek
In today's conversation, I am joined by Dr. Tessa Misiaszek, coauthor of Branding That Means Business. Tessa is an instructor with Harvard Professional Development Programs, as well as a Professor at Hult International Business School. She brings extensive experience developing h ... Show More
48m 20s
Jan 2023
545: Redefining sales and personal brand (with Dr. Cindy McGovern)
Welcome to an episode with a top-rated speaker, best-selling author, and consultant, Dr. Cindy McGovern. Get Cindy’s book here: https://amzn.to/3Cys1ae Most of us view “sales” as a pushy, manipulative, and one-sided thing. But really, “sales” is understanding what others need and ... Show More
55m 46s
May 2024
674: Selling Services to PE Firms with Aimably’s Founder and Stanford Grad, Claire Milligan
Welcome to an interview with Claire Milligan, a Stanford graduate turned startup founder. Claire helps businesses grow by spending smarter and reducing their cloud costs. Her target market is PE firms. In this episode, we discuss what PE firms care about, how to approach them, th ... Show More
49m 54s
Sep 2023
611: The Experience Mindset: Changing the Way You Think About Growth (with The Global Customer Growth and Innovation Evangelist at Salesforce, Tiffani Bova)
Welcome to an interview with the author of The Experience Mindset: Changing the Way You Think About Growth, Tiffani Bova. This book details exactly how your company can adopt an Experience Mindset, at scale. It’s not enough to know that happy employees equals happy customers. You ... Show More
44m 13s
Jun 2023
Episode 626: How One Entrepreneur Went From $25 per Hour Sessions to $150k a Year in Digital Business with BBD 2022 Case Study Winner Maggie Gelin
Today I’m bringing you a conversation I had late last year with our BBD 2022 Case Study Winner, Maggie Gelin! In this episode, you’ll hear Maggie’s journey of her very humble beginnings working long days doing one-on-one sessions, to launching her first course and blowing past th ... Show More
58m 16s
Jun 2021
Find Out What Your Customers Can’t Tell You with Melina Palmer
Melina Palmer is the founder and CEO of The Brainy Business, which provides behavioral economics consulting to businesses of all sizes from around the world. Melina obtained her bachelor’s degree in Business Administration: Marketing and worked in corporate marketing and brand st ... Show More
30m 41s