I hate to spoil a good consciousness raising party but it’s still useful to understand why companies do this stuff:
raising prices leads to more backlash than anything else
when costs go up, wholesale prices (per unit of product) must go up to match or the product becomes unprofitable
redesigning the package to fit the smaller amount of product requires very expensive retooling whereas dialing down the amount of product is basically free
You might say “why do they have to be profitable at all?” But then why would they even bother making the product if they weren’t?
Shame that the record profits companies are having aren’t consistent with that “costs going up is what’s pushing shrinkflation” theory of yours but are absolutelly consistent with the theory that they’re trying to get away with increasing their profit margins by reducing material costs (by using less materials) whilst selling at the same price using tricks to deceive human perception of how much product comes in a package.
I hate to spoil a good consciousness raising party but it’s still useful to understand why companies do this stuff:
raising prices leads to more backlash than anything else
when costs go up, wholesale prices (per unit of product) must go up to match or the product becomes unprofitable
redesigning the package to fit the smaller amount of product requires very expensive retooling whereas dialing down the amount of product is basically free
You might say “why do they have to be profitable at all?” But then why would they even bother making the product if they weren’t?
Shame that the record profits companies are having aren’t consistent with that “costs going up is what’s pushing shrinkflation” theory of yours but are absolutelly consistent with the theory that they’re trying to get away with increasing their profit margins by reducing material costs (by using less materials) whilst selling at the same price using tricks to deceive human perception of how much product comes in a package.