Shrinkflation
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
- Posts must be about shrinkflation, skimpflation or another related topic where a company has reduced their offering without reducing the price.
- The product must be a household item. No cars, industrial equipment, etc.
- 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.
- 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.##
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They are probably just rounding up the 3.53 oz to 4 so make it more legible in the tag. It very well may have said 3oz if it had ended up being 3.47oz
That doesn't sound legal, but then again in the US it's okay to lie about prices on the label, so lying about weight should be just as fine.
Well there does need to be a cutoff somewhere.
If you were buying a cake you wouldn't necessarily need the price to say $.$$ per 30.54 ounces, 31 ounces is accurate enough.
Yes there is a much bigger difference between 3.5 and 4, but it easily could just be an error in their computer system since most things don't need to be that accurate.
I don't see why there needs to be a cutoff? In my country we list exact prices and weights. Of course there's room for error with the actual weight of the product in some cases, but that's unrelated to the label itself.
Listed is how many pieces, total price, as well as price per piece.
Same with weight, though gram instead of piece, as well as price per kilo, making any sort of conversion easy.
And same thing with volume.