Michael Kanellos over at CNet has a good post on the negative effects of our glut of choices.
Killing me softly with salad dressing choices
"Studies back this up. In a grocery store experiment, a table loaded with 24 types of jams got many visitors, but sales were ten times higher when only six jams were offered. In a study of the 401K plans at 1,500 companies, participation in retirement plans dropped 2 percent every time ten more investment choices were added to the mix. In speed dating, participants had a greater chance of hooking up if they met six, rather than twelve, people in a session."
They think that intelligent filters may help people narrow their choices, but how do you put an intelligent filter on a grocery store isle?
It's curious that I saw this today because I thin there is a lot of opportunity in the filtering business.