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Question
a company advertises limited time offer - only 3 days left! to encourage immediate purchases. this marketing strategy primarily exploits which psychological tendency? * 1 point
confirmation bias
fomo (fear of missing out)
fundamental attribution error
hedonic adaptation
The 'Limited Time Offer - Only 3 Days Left!' creates a sense of urgency. FOMO is the fear of missing out on something valuable. Here, customers may be afraid of losing the opportunity of the offer, prompting immediate purchases. Confirmation bias is about favoring information that confirms pre - existing beliefs. Fundamental attribution error is about misattributing causes. Hedonic adaptation is about getting used to pleasure.
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B. FOMO (Fear of Missing Out)