as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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give me an example of a loss-aversion strategy
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a loss-aversion strategy is a marketing tactic that leverages the fear of loss to persuade customers to make a purchase. for example, a company could offer free shipping if customers purchase within a certain timeframe, or they could offer discounts when purchases exceed a certain amount.
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