As I shop for the holidays, I have encountered more than just by random chance items where the website claims “Hurry, Only 1 Left in Stock!”
I’m sure a randomized control trial somewhere showed that this message creates a sense of urgency and increases the conversion rate for those viewing the item.
However, I also find myself thinking that I don’t really care to frequent retailers that have such thin inventory where every purchase feels like a bidding war to get that last item, especially when we’re talking about relatively mundane, everyday items.
I prefer retailers that carry deep inventory in such items so that I can feel confident that the effort I put into visiting their website or store will give be rewarded with actually being able to obtain the item.
I predict that a second order consequence of this inventory messaging may decrease returning shoppers.