Give us as much choice as possible - said no consumer ever
Strawberry, Root Beer, Bubblegum, Buttered Popcorn, Cappuccino, Caramel Corn, Chocolate Pudding, Cotton Candy, Dr. Pepper, French Vanilla, Island Punch, Kiwi, Very Cherry, Tutti-Fruitti, Toasted Marshmallow, Pink Lemonade,…The more choice the better; give us as much as possible!… Said no consumer ever (unless you’re a Jelly Bean affinado of course). Although consumers seem to be attracted by more variety, this isn’t reflected in their purchasing behaviour and therefore often reduces their motivation to buy. This can be explained by the fact that an extensive amount of choice is enjoyable because there is a higher chance of choosing the right option. At the same time it is overwhelming due to the amount of information and limited time and energy available in this fast paced world. As such the fear of later regret comes into play; more attractive options go hand in hand with more lost opportunities.