Fear of Missing Out (FOMO) as a Psychological Strategy in Digital Marketing

Authors

  • Gunawan Gunawan STIE Amkop Makassar

Keywords:

Fear of Missing Out, FOMO, psychological strategy, digital marketing, consumer behavior.

Abstract

This study aims to analyze the use of Fear of Missing Out (FOMO) as a psychological strategy in digital marketing and its impact on consumer behavior. FOMO is a psychological phenomenon characterized by an individual's fear of missing out on valuable experiences or information that others are having, and it has become increasingly relevant in the digital era filled with instant information and social media. FOMO strategies in digital marketing are often implemented through techniques such as limited-time offers, countdown timers, user testimonials, and product exclusivity. This research employs a descriptive-qualitative method with a literature study approach and content analysis of digital campaigns from various brands. The findings indicate that the application of Fear of Missing Out (FOMO) strategies in digital marketing effectively increases consumer interest and purchase speed. Consumers are more likely to make immediate purchases when offered promotions with time limits, limited stock, or exclusive services for first buyers. Additionally, positive testimonials and recommendations from previous buyers further strengthen trust and influence purchase decisions. Thus, FOMO strategies have been proven to significantly increase conversion rates and strengthen the relationship between consumers and brands.

References

Akbari, M., Seydavi, M., Palmieri, S., Mansueto, G., Caselli, G., & Spada, M. M. (2021). Fear of missing out (FoMO) and internet use: A comprehensive systematic review and meta-analysis. Journal of Behavioral Addictions, 10(4), 879-900.

Alutaybi, A., Al-Thani, D., McAlaney, J., & Ali, R. (2020). Combating fear of missing out (FoMO) on social media: The FoMO-R method. International journal of environmental research and public health, 17(17), 6128.

Ardiansyah, W. M. (2023). Peran Teknologi dalam Transformasi Ekonomi dan Bisnis di Era Digital. JMEB Jurnal Manajemen Ekonomi & Bisnis, 1(1), 12-16.

Barry, C. T., & Wong, M. Y. (2020). Fear of missing out (FoMO): A generational phenomenon or an individual difference?. Journal of Social and Personal Relationships, 37(12), 2952-2966.

Dewayani, Y. I. (2024). Analisis Diskriminan Pengaruh Budaya, Gaya Hidup, E-Wom, Dan Fomo Terhadap Keputusan Pembelian Online Berdasarkan Platform E-Commerce Pada Mahasiswa FKIP UNS. Innovative: Journal Of Social Science Research, 4(4), 10236-10244.

Dursun, M. T., Argan, M., Argan, M. T., & Dinç, H. (2023). Sensation seeking and conspicuous consumption in event-based activities: the mediation role of fear of missing out (FoMO). International Journal of Event and Festival Management, 14(4), 488-502.

Elhai, J. D., Yang, H., & Montag, C. (2020). Fear of missing out (FOMO): overview, theoretical underpinnings, and literature review on relations with severity of negative affectivity and problematic technology use. Brazilian Journal of Psychiatry, 43(2), 203-209.

Hodkinson, C. (2019). ‘Fear of Missing Out’(FOMO) marketing appeals: A conceptual model. Journal of Marketing Communications, 25(1), 65-88.

Ifadhila, I., Rukmana, A. Y., Erwin, E., Ratnaningrum, L. P. R. A., Aprilia, M., Setiawan, R., ... & Setiawan, H. (2024). Pemasaran Digital di Era Society 5.0: Transformasi Bisnis di Dunia Digital. PT. Sonpedia Publishing Indonesia.

Istiqomah, N. H. (2023). Transformasi Pemasaran Tradisional ke e-Marketing: Tinjauan Literatur tentang Dampak Penggunaan Teknologi Digital terhadap Daya Saing Pemasaran Bisnis. Jurnal Ekonomi Syariah Darussalam, 4(2), 72-87.

Kang, I., & Ma, I. (2020). A study on bandwagon consumption behavior based on fear of missing out and product characteristics. Sustainability, 12(6), 2441.

Milyavskaya, M., Saffran, M., Hope, N., & Koestner, R. (2018). Fear of missing out: prevalence, dynamics, and consequences of experiencing FOMO. Motivation and emotion, 42(5), 725-737.

Przybylski, A. K., Murayama, K., DeHaan, C. R., & Gladwell, V. (2013). Motivational, emotional, and behavioral correlates of fear of missing out. Computers in human behavior, 29(4), 1841-1848.

Rahmatullah, T. (2021). Teknologi Persuasif: Aktor Penting Media Sosial Dalam Mengubah Sikap Dan Perilaku Pengguna. Jurnal Soshum Insentif, 4(1), 60-78.

Sugiyono, S. (2016). Metode penelitian kuantitatif, kualitatif, R&D. Bandung: Alfabeta, 1(11).

Tanhan, F., Özok, H. I., & Tayiz, V. (2022). Fear of missing out (FoMO): A current review. Psikiyatride Guncel Yaklasimlar, 14(1), 74-85.

Yulianah, S. E. (2022). Metodelogi Penelitian Sosial. CV Rey Media Grafika.

Downloads

Published

2024-09-04

How to Cite

Gunawan Gunawan. (2024). Fear of Missing Out (FOMO) as a Psychological Strategy in Digital Marketing. Jurnal Ilmiah Multidisiplin Indonesia (JIM-ID), 3(02), 112–120. Retrieved from https://ejournal.seaninstitute.or.id/index.php/esaprom/article/view/7211