Are You a Maximizer or a Satisficer?

Here’s a fun little quiz. Let’s say you need to buy a blender. You want one that will let you make soup in the winter and margaritas in the summer. What do you do? (If you don’t care about blenders, substitute “computer,” “car,” or any other significant purchase.)

||A|| Go to your nearest appliance store, and choose one that looks good.

||B|| Go to your nearest appliance store, ask the clerk for a recommendation, and buy the one he recommends.

||C|| Search Amazon for “blender for soup and margaritas”, read the 3 best and 3 worst reviews of the top 2 options, and buy the one that seems best.

||D|| Start by googling “blender for soup and margaritas,” and read several personal blogger reviews, before going over to Amazon and reading every single customer review for each blender that made the top blogger ratings, as well as some that didn’t. Check Consumer Reports ratings and compare. Visit five different local shops to talk to clerks about what they might recommend. Show them the highlighted spreadsheets you have made of each blender, its pros and cons, customer ratings, and price variations. Two months later, decide that none of the blenders out there are exactly what you want, and so you will just wait until they make the right one. Continue Reading