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Too Much Choice: Part IV

Christian and Sonya raised an interesting conundrum with their question in reply to my last post. “In a category like breakfast cereal, are the manufacturers hurting themselves by having so many brands and varieties within those brands?”… Too Much Choice: Part IV

Too Much Choice: Part III

When faced with a small choice consumers can deploy simple strategies to make a choice and feel better about the option they choose. Three options usually works well because customers can use extremeness aversion.  By… Too Much Choice: Part III