facebookWhy has the market opened up to so many retailers? Wouldn’t this result in consumers experiencing the paradox of choice? - Seedly

Anonymous

16 Jul 2019

SeedlyTV

Why has the market opened up to so many retailers? Wouldn’t this result in consumers experiencing the paradox of choice?

Why has the market opened up to so many retailers? Wouldn’t this result in consumers experiencing the paradox of choice?

SeedlyTV S1E08

Discussion (3)

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I welcome the many retailers as this would mean better prices for consumers:)

Paradox of choices? Ironic.

You prefer a small number of choice for ease of choosing?

Accordingly to economics, a huge number of competitors means price will be low. So that means good for us consumers.

You want ease, just ask someone to pick for you a choice.

Nicholas Tan Yi Da

10 Jul 2019

Engineering Systems and Design at SUTD

True i agree there is just too many companies to choose from,as mkt is already so small and competit...

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