Who will sell more?
A vendor who offers 24 different varieties of his product... Or a vendor who offers only 6 varieties of the SAME product?
In a classic study conducted by Columbia and Stanford University professors, the answer was shocking.
The researchers set up a stand at a
local grocery store. One week they offered 24 varieties of jam. 3% of
the people who stopped at the booth bought jam.
The next week they set up the same stand at the sames store. But this time they only offered 6 varieties of the same jam.
And 30% of the people who stopped bought jam.
REDUCING the number options by 75% increased their sales by 1000%!
It's seems counterintuitive, but it works.
Offering
too many options can confuse and befuddle customers. They prefer to
make no decision at all rather than risk making the "wrong" one...and
with so many options, the chances of making a wrong decision are
greater!
Limit their choices, lower their perceived risk, make more sales.
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