Both in regard to the red festive cups (which
have a designated count-down site anticipating their return) and the drinks
themselves, their popularity stems from the scarcity principle -
referred to as the “rule of the few” (Cialdini, 2007). People don’t know what
they have until they realize they can lose it. Be it the “reduced to clear” tag
on a product in the grocery store, or a “limited time offer” claim in a “buy-one-get-one-free”
scenario, Starbucks acknowledges that something becomes more attractive when
there is a limited availability. Like a diamond over a rock - if it’s rare or
unique, its more valuable (Mittone & Savadori, 2009). According to Robert
Cialdini, the scarcity principle works on 2 major sources: a “weakness for
shortcuts” – where we assume, that what is rare is more valuable, and an “unwillingness
to lose freedoms” – where if scarcity interferes with our ability to acquire
something we previously could have, we fight against it (Cialdini, 2007). By
that logic, we value a toffee nut latte higher than we do an all-year-round
available latte, and we refuse not to engage in a freedom (purchasing the
festive drink) which we know will eventually be taken away from us. Consequently,
we end up making decisions on an internal timer - purchasing lower-quality
items at a reduced price in the clearance aisle for fear that this bargain will
never come again, and buying absurdly sweetened drinks promised to taste like holiday
joy even if we have always been black coffee, no sugar.
Cialdini, R. B.,
& Cialdini, R. B. (2007). Influence: The psychology of persuasion (pp.
173-174). New York: Collins.
Mittone, L., &
Savadori, L. (2009). The scarcity bias. Applied Psychology, 58(3),
453-468.
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