Definition
FOMO Marketing, leveraging the `Fear Of Missing Out,` is a strategy to evoke anxiety that an exciting or interesting event may currently be happening elsewhere, often used to prompt immediate action.
Frequently asked questions
How the FOMO phenomenon is driving new trends in marketing?
FOMO makes people act fast to not miss out. Marketers use this to create buzz and get quick responses to their offers.
What is an example of fear of missing out FOMO?
A great example would be when a store says "Sale ends tonight!" It makes you want to buy quickly so you don`t miss the deal.
What are market trends and market drivers?
Market trends show where the market is going. Market drivers are reasons for these changes. Both can affect how companies sell and what you buy.