this post was submitted on 11 Jan 2024
118 points (88.3% liked)

Shrinkflation

295 readers
2 users here now

A community about companies who sneakily adjust their product instead of the price in the hopes that consumers won't notice.

We notice. We feel ripped off. Let's call out those products so we can shop better.

What is Shrinkflation?

Shrinkflation is a term often coined to refer to a product reducing in size or quality while the price remains the same or increases.

Companies will often claim that this is necessary due to inflation, although this is rarely the case. Over the course of the pandemic, they have learned that they can mark up inelastic goods, which are goods with an intangible demand, such as food, as much as they want, and consumers will have no choice but to purchase it anyway because they are necessities.

From Wikipedia:

In economics, shrinkflation, also known as the grocery shrink ray, deflation, or package downsizing, is the process of items shrinking in size or quantity, or even sometimes reformulating or reducing quality, while their prices remain the same or increase. The word is a portmanteau of the words shrink and inflation.

[...]

Consumer advocates are critical of shrinkflation because it has the effect of reducing product value by "stealth". The reduction in pack size is sufficiently small as not to be immediately obvious to regular consumers. An unchanged price means that consumers are not alerted to the higher unit price. The practice adversely affects consumers' ability to make informed buying choices. Consumers have been found to be deterred more by rises in prices than by reductions in pack sizes. Suppliers and retailers have been called upon to be upfront with customers.

https://en.wikipedia.org/wiki/Shrinkflation

Community Rules

  1. Posts must be about shrinkflation, skimpflation or another related topic where a company has reduced their offering without reducing the price.
  2. The product must be a household item. No cars, industrial equipment, etc.
  3. You must provide a comparison between the old and new products, what changed and evidence of that change. If possible, also provide the prices and their currency, as well as purchase dates.
  4. Meta posts are allowed, but must be tagged using the [META] prefix

n.b.: for moderation purposes, only posts in English or in French are accepted.##

founded 10 months ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] doingthestuff 14 points 10 months ago (2 children)

My guess would be not malice, but incompetence. I see this in stores all the time. The product changes (in this case I would guess it went from 4 oz to 3.5 because 3.5/100g is more standard European size and it didn't make sense to make the larger size just for the US anymore) but although the company made a new tag, the staff at the store didn't get the new tag out. I see old tags at stores all the time even after products change. Recently it has been that the price goes up, but they still have the lower price tag on the shelf. It's illegal, but ridiculously common.

[–] shawwnzy 5 points 10 months ago (1 children)

They use metricification as an excuse to shrink packages in Canada a ton.

Bacon, butter and a ton of other products used to always come in pounds, labeled as 454 gram packages. Lately they've all shrunk to 400 or 350 gram packages.

[–] [email protected] 6 points 10 months ago* (last edited 10 months ago)

Yep the progress is 500g -> 1lb (454g) -> 400g or

20 US fl oz (591mL) -> 500mL -> 16 US fl oz (473mL) -> 400 mL -> 12 US fl oz (355mL), and so on and so forth

[–] Alexstarfire 2 points 10 months ago

All you have to do is tell the cashier the tag says otherwise. Once they verify the tag price they have to honor it.

This is how I got some weedkiller for like $2 from Home Depot. Apparently they had a sale on it like 4 months back and no one changed the tag. It rang up at line 10x the price and I told them about the tag. We walked back to it, they took the tag off, and I got the weedkiller at tag price.