{"podcast":{"title":"Something You Should Know","slug":"something-you-should-know-52651","podcast_index_feed_id":52651,"rss_url":"https://feeds.megaphone.fm/WWO9761275037","website_url":"http://www.somethingyoushouldknow.net","image_url":"https://megaphone.imgix.net/podcasts/c24d0a5a-b25b-11ea-bef6-ef68671ea875/image/88a8b82e5fae6701e778c1709b714e7a.png?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress","author":"Mike Carruthers | OmniCastMedia","episode_count":1308,"summary":"Sometimes all it takes is one little fact or one little piece of wisdom to change your life forever. That's the purpose and the hope of \"Something You Should Know.\" In each episode, host Mike Carruthers interviews top experts in their field to bring you fascinating information and advice to help you save time and money, advance in your career, become wealthy, improve your relationships and help you simply get more out of life. In addition, Mike uncovers and shares short, engaging pieces of \"intel\" you can use to make your life better - today. Right now.","last_synced_at":"2026-08-01T14:18:10.512389+00:00","page_url":"https://stenobird.com/podcast/something-you-should-know-52651"},"episode":{"title":"SYSK TRENDING - The Power of Scarcity","slug":"sysk-trending-the-power-of-scarcity","published_at":"2026-06-23T07:03:00+00:00","page_url":"https://stenobird.com/podcast/something-you-should-know-52651/sysk-trending-the-power-of-scarcity","show_page_url":"https://stenobird.com/podcast/something-you-should-know-52651","url":"https://www.podtrac.com/pts/redirect.mp3/mgln.ai/e/495/pdrl.fm/60a606/pscrb.fm/rss/p/tracking.swap.fm/track/bwUd3PHC9DH3VTlBXDTt/traffic.megaphone.fm/SBP9215696385.mp3","audio_url":"https://www.podtrac.com/pts/redirect.mp3/mgln.ai/e/495/pdrl.fm/60a606/pscrb.fm/rss/p/tracking.swap.fm/track/bwUd3PHC9DH3VTlBXDTt/traffic.megaphone.fm/SBP9215696385.mp3","summary":"Have you ever bought something because it was \"almost sold out\" or because a sale was ending at midnight? If so, you're not alone. Scarcity is one of the most powerful forces influencing human behavior. When something becomes difficult to get, we often value it more—even if we weren't interested in it before. Marketers know this. That's why you'll see messages like \"Only 3 left in stock,\" \"Limited-time offer,\" or \"Sale ends tonight.\" Sometimes those claims reflect genuine scarcity. Other times, they are carefully designed to create urgency and push you toward a decision. In this episode, we explore why scarcity is so effective, how it taps into fundamental human psychology, and the many ways businesses use it to influence what you buy. Joining me is Mindy Weinstein, 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. She is also author of the book The Power of Scarcity: Leveraging Urgency and Demand to Influence Customer Decisions (https://amzn.to/3QizF3u). What you'll discover: Why scarce products and opportunities instantly become more attractive. The difference between real scarcity and manufactured scarcity. How fear of missing out (FOMO) drives purchasing decisions. Why limited choices can sometimes make people more likely to act. Practical ways to recognize and resist scarcity-based manipulation. PLEASE SUPPORT OUR SPONSORS POCKET HOSE: For a limited time, when you purchase a new Pocket Hose Ballistic, you'll get a FREE 360 degree rotating pocket pivot and a FREE thumb drive nozzle! Just text SYSK to 64000 AIR DOCTOR: Head to ⁠⁠https://AirDoctorPro.com⁠⁠ and use promo code SYSK to get $250 off select AirDoctor air purifiers, including the 3500, 4000, and 5…","meta_description":"Have you ever bought something because it was \"almost sold out\" or because a sale was ending at midnight? If so, you're not alone. Scarcity is one of the…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1485,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/something-you-should-know-52651/episodes/sysk-trending-the-power-of-scarcity/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/something-you-should-know-52651/sysk-trending-the-power-of-scarcity.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}