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Results: Consumers are paying more for essential items in ways that might not show up at the checkout — thinner rolls, lighter bags, smaller cans and even more air - to offset rising labour and other costs without reducing profits or scaring off customers.

Published on 02/15/2022
By: DavKar
2425
Products
A new word has been introduced to describe this form of retail camouflage - “shrinkflation,” Those who track this expect it to become more pronounced as inflation ratchets up, impacting everyday items such as paper towels, potato chips and diapers. Must we accept it or can we fight back?
1.
1.
Consumers check the price when they buy, but rarely check net weight,. When the price of raw materials, like coffee beans or grain goes up, sellers are faced with a choice: Raise the price knowing consumers will see it and grumble? Or give a little bit less to do the same thing? Usually they think it's easier to do the latter and we consumers won't notice. Are they right? Do we only focus on price? Should we take time to check the "price per" before we put it in the cart or just the price at the till?
A favourite brand of chips for the family size went from 255gms down to 235gms and more air was added to keep the bag the same size. The price stayed the same. I was not aware of this .
33%
785 votes
A popular breakfast cereal box looks the same size on the shelf but it is about 1/2 inch narrower and the contents have gone from 650gms down to 565gms. The price stayed the same. I was not aware of this.
36%
861 votes
A typical recipe calls for a 16 oz can of whatever but the cans now contain only 12ozs The price stayed the same. I was not aware of this.
29%
693 votes
Other (please specify)
6%
144 votes
Not Applicable
40%
963 votes
In the examples above, would you respond to this "price increase" by buying more and paying more or by buying less?
  • Can't afford to even buy the same amount.
  • Buying less.
  • Quisp cereal
2.
2.
A subsidiary of Mars Inc. said it reduced product sizes "to keep up with unprecedented demand" during the pandemic, "The packages remained the same price, as the difference in amount of product is not significant and rarely impacts the number of packages being consumed,", The company is one of many retailers unable or unwilling to absorb higher manufacturing costs. Lower production, higher distribution costs due to carbon taxes and minimum wage legislation, fewer staff available throughout the process etc all serve to increase prices. Most if not all of these increases are caused by government influence on the free market due to covid and other factors. What can you do to protect yourself from these increases?
I can buy less of some items. (please provide details in the comments section)
28%
679 votes
I will switch to cheaper brands and possibly lower quality. (please provide details in the comments section)
35%
839 votes
I will protest against the factors I think caused these price increases. (please provide details in the comments section)
11%
271 votes
Other (please specify)
4%
84 votes
Not Applicable
37%
899 votes
How are you coping with these price increases?
  • Prices are going up 10% but my income is not
  • Buying less and just doing without these items.
  • just fine, thanks
3.
3.
Most people know what something should cost, but not how much is in a box. Manufacturers rely on this and have done so for years. Packages of coffee have slipped from 16 oz to about 12oz. Standard sizes for cans and bottles have gotten smaller too. Even a bar of soap has become more concave in a bid to disguise its shrinking form. The focus on cost over quantity also explains other pricing tricks. Craft beer comes in four-packs not the traditional six. Some items are priced by the 1/4 pound, instead of the pound because $9 for a 1/4 pound works when $36 per pound does not. Companies are constantly playing around with prices. Often companies pass off shrinking product sizes as "packaging innovations". How does this manipulation make you feel?
I didn't notice how consumers were being treated and I will pay more attention now to pricing games.
15%
359 votes
This it just corporate profiteering and I can't do anything about it.
34%
815 votes
I resent being disrespected by corporations and am not going to accept it. I will use my power as a consumer to resist these practices.
31%
736 votes
Other (please specify)
3%
60 votes
Not Applicable
27%
658 votes
How much influence does government have on pricing? It is too much or not enough?
  • Government is 505 to blame.
  • Too much. 'Taxes and regulations'
  • It's not worth squabbling about.
COMMENTS