Use FOMO to Create Urgency in the Booking Process
Abstract
Create a sense of urgency and “fear of missing out” (FOMO) to nudge people to book faster.
People feel more compelled to buy if they believe they are about to miss out on a limited-time offer or a good deal. This type of urgency is about creating “scarcity value,” a concept that OTAs have mastered and implemented systematically on their OTA websites to stimulate purchase behavior.