this post was submitted on 28 Aug 2024
103 points (81.6% liked)

Shrinkflation

289 readers
1 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 9 months ago
MODERATORS
 

Only 4 nuggets, and holy hell if that ain't a joke for a drink size! BTW, that's supposed to be sweet tea, but it's bitter as hell..

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 6 points 2 months ago (1 children)

Okay, so we're the same age. This is still a lot of calories. And $1.99 would be more expensive today. You have to think in real terms.

Also, I remember the Happy meals, and no you wouldn't. You would get a six piece chicken nugget with fries and a drink and no burger. Or a burger with fries and no chicken nuggets.

[–] [email protected] -4 points 2 months ago (1 children)

It's just enough calories for me, it fills my belly, and I'm not fat.

The point is it costs way too much for what it is.

[–] [email protected] 7 points 2 months ago (3 children)

$2 in 1990 is the equivalent of $4.81 now. So you're actually getting more than you would have in 1990 for the same price in real terms.

https://www.in2013dollars.com/us/inflation/1990?amount=2

[–] [email protected] 0 points 2 months ago* (last edited 2 months ago)

You only think you're getting more. To call back a previous comment of yours,

The burger is mostly bread. The meat patty is waifer thin.

I honestly think there might be more meat in the 2 nuggets you lose than the patty. At most it's an equivalent amount.

And that doesn't even get into ingredients and how they have and will continue to switch to cheaper ingredients without lowering prices which skews any inflation adjustments further obfuscating any true comparison.

Edited for spelling