When people weigh choices, the Presenter’s Paradox says they do so by averaging (not adding) the value of each item in a package.
This means if you add more items to a list or more products to a bundle, it could reduce the overall value perception (if the added items are deemed less valuable.
Research on this phenomenon is fairly scarce, though, so we decided to conduct a study through ConversionXL Institute.
We provide 3 perspectives: 1. we outline what products and lists two academic studies have tested, 2. we duplicate a product and list test with a larger sample size to try and replicate the findings, and 3. we then apply the test to six new products, three experiential products (travel package, hotel night, massage) and three physical products (camera, printer, kitchen mixer).
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