SHRINKFLATION EXPOSED: How Companies Secretly Increase Profits
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- Опубліковано 15 бер 2024
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Dive into the stealthy world of corporate tactics with 'Shrinkflation is Out of Control'! As we navigate through the murky waters of price hikes and shrinking product sizes, this video peels back the curtain on how companies are silently boosting their profits under the guise of inflation. From deceptive packaging to the sneaky reduction of product quantities without lowering prices, discover the clever yet infuriating strategies businesses employ to make you pay more for less. With a mix of humor and insight, we expose the truth behind these practices, urging viewers to stay vigilant and informed. Join us as we explore the phenomenon that's so pervasive, it's made its way into the dictionary. Say goodbye to being a passive consumer and hello to becoming a savvy shopper who knows exactly what's going on behind those price tags and product labels. Don't miss out on unraveling the secrets of shrinkflation - a watch for anyone tired of corporate greed overshadowing consumer value. Tune in now and arm yourself with the knowledge to fight back!
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If you "request" to have your data deleted from a broker, do they have to comply? Who ensures that they comply? How long does it take? What if they say they did but did not? Who is stopping them from buying and selling it again the next day? Love your videos!! Other than boycotting, what can we do when we "need" a product and can no longer afford to buy it? ☮️💟
More soulless people than ever before and money is their God
I work manufacturing, sad truth is salty snacks, nonwovens and bottled drinks, the packaging costs more than the product. So why they shrink the product and not the packaging is weird.😅
Marketing literally just boils down to "how can we lie effectively and get away with it"
I hate this world. Nobody cares about anyone. Money is the only thing that matters to people
Me too... im an 85 model and i never dreamed this would be how america would be as an adult
More soulless people than ever before and money is their God.
Wealth inequality was allowed to get out of control with the end of the gold standard. It's true people should care about people rather than money, but the inflation makes that difficult to do too. Just get rid of the fed. If you don't believe me, look up wealth inequality in a graph that goes past 1970. The gold standard ended in 1971-1974. Case and point.
@@caryphillips4885good point! The inflation is keeping us ..the sheep distracted in trying to survive...its hard to find the time to riot or care about it
I'm 43 years old and feel the same. This World is straight trash. Just glad I never had future sl@ves. I mean kids. 😂
This does suck for essential goods, but everything that Pepsi and Coca-Cola make is not essential. Stop buying that garbage and help them "be competitive."
There are so many life hacks, like use sponges or towels not paper towels, use a bidet not tp; drink water. Cook your food and buy it in bulk. Repair shoes. Mend clothes. Tighten up, people! If you think the price is too high, they call it a market! You don't have to buy!
I stopped buying Gatorade when they made the bottle size switch (they also apparently watered down the flavor in the process). I stopped drinking soda entirely in 2023 when 2-liters went above $2. I stopped buying packages of instant potatoes when they reduced the size in half and doubled the price. I stopped buying frozen burritos when the price doubled. I'm just not going to keep paying such high prices. I can make my ow burritos for way less. Water is fine. Tea is fine. I can buy bulk instant potatoes and add my own flavorings and spices. These greedy companies lost profits from me and I sure hope I'm not the only one saying "no, no more greedflation".
@@MmmmJuicy this is the way.
Essential to whom? Joe average with soda addiction? What does essential even mean? Anything that isn't ultra processed? Items in the rawest form possible?
@@worldhello1234 if you're not going to die if you don't have it then it's not essential. It's not like it's water.
You should make a video about insurance companies' greedflation. It is particularly egregious because in many instances having insurance on something is either a per-requisite or mandatory.
I can almost understand insurance costs going up, given the explosion in new car prices.
It costs more to replace a $90k F150 than the average $30k car from several years back.
@@absolutelynonameslefIt's not that it goes up that is the problem. Is how much it goes up by.
I used to insure a Mustang through Allstate, full cover and was paying 250 a month. Now recently I got a used Jetta with over 100k miles in it and they wanted me to pay 260+.... That's an astronomical increase. I gave them the middle finger.
I have no problem with the government mandating insurance where it makes sense, as long as they properly police those who are entrusted with providing such mandated services.
It's too expensive to own a car anymore where I live. What's worse is that public transit is lacking and there are no other real options for transport here. Can't even walk or ride a bike without some idiot running you over. Where I am, insurance has gone up, registration has gone up, taxes have gone up, parts have gone up, gas has gone up, rent has gone up, groceries have gone up, literally everything has gone up, except pay, which conveniently for companies has lagged behind helping them keep their profits high. Every year, you have to spend more to do less.
I agree. I always realized whether it's healthcare or car insurance (or any form of insurance) they never reward good behavior, but will always penalize bad behavior.
It's because it is mandatory. They know we have no choice and they standardize the pricing to keep them "competitive". The one I absolute hate is the mortgage insurance.
Mortgage insurance protects the lender, not you
Mortgage insurance, no matter what kind, protects the lender - not you - in the event that you fall behind on your payments. If you fall behind, your credit score may suffer and you can lose your home through foreclosure.Sep 9, 2020
In short - it does nothing for the person paying it. (To avoid it you need about 20% down payment, and it's said you can have it removed after you reach that in the principal payments (about 10-15 yrs or so is my estimate))
2019 Coding josh,
2022 Career woke Josh,
I’m ready for the next arc
He could make a whole video about Indeed. How companies will post a job with a lower label/salary but asking for higher responsibilities.
I'm looking at one right now labeled as "executive assistant" but when you read the description you have to have a bar number..... aka they want a lawyer that will accept being paid as an assistant... unreal!
Coup or Cabal Josh
@user-tc4tz8ww1z They do this so that no one in the US will take the job and then they can legally outsource for that amount $. It's a legal loophole :D
@@stevebot2503 OOOoooh, that's sinister. I feel like I'm living in a Dickens novel lately.
You should see what they're doing in Automotive Insurance, especially high-risk insurance for elderly, teenagers, or people with previous accidents. People with $120 policies are now getting renewals for $300-600 per month. Were you late? Gotta pay 2 payments down to restart. Corporate Officers are seeing million dollar bonuses, expanding their real estate portfolio on golf courses in hawaii while telling their employees, "Sorry, your raise/bonus is reduced or removed because we projected 15 million profit over last year and we only hit 12."
First off, the state needs to increase dollar amount on minimum liability and enforce the requirement of having auto insurance. In the last year and a half, I've had my block wall damaged by someone with no insurance, a suspended driver's license and a failure to appear in court. The vehicle wasn't even hers. My homeowners insurance had to cover it, I had a 1k deduct. A few months later my mother, just minding her own business, gets hit , almost a direct head on, by a reckless driver who was speeding and crossed the solid double line. My mother's vehicle was totaled. The vehicle was barely three years old with 15k miles on it, and more than half paid off. My mother is 77 and she is still dealing with the aftereffects.The other woman didn't have enough insurance coverage, so my mother's insurance had to cover it. Last July I was hit by a guy making an unsafe U turn . I lost money there too. A week ago, my brother's truck was totalled, and his van was damaged by a woman who was smoking pot. Both vehicles were legally parked. She didn't have enough coverage, so my brother's insurance has to cover it. The police did nothing, no urine or blood test. It sounded like they didn't want to be bothered with it. My brother went to Bakersfield in a rented vehicle , he was at a stop light and got slammed into, did major damage to the rental, possibly totalled. The other driver drove off. It's been two days and BPD still has not come out to take a report. It's no longer an accident , it's a felony hit and run. The whole system is a joke !
@Fishseaofcortez technically correct. The minimum in most states is 15-25,000 liability. For property that should be enough, but most insurances are over-valueing repair costs to make back more on investment. Fines for driving without insurance are honestly lower than most premiums per year, this encourages reckless people are willing to make a payout for no insurance than pay 4-500 monthly for a minimum liability policy. And police are massively understaffed and due to corruption a lot of police are investing extra money into heavier equipment and munitions than they are interested in replacing exhausted cops. Most hit and runs are almost virtually impossible to track down the at fault party unless a plate has been secured and at least one witness.
Notice these companies have record profits and still feel the need to increase prices
81 million people voted for this. Consumers are simply getting what they asked for.
"Inflation is hurting everyone....but us"
@@lucacrespi88 Corporatism is something embraced by both parties, They are the same in this regard
@@lucacrespi88 corporate greed is supported by both parties, This is well known
@@lucacrespi88 greedy companies donate to both parties, They both are the problem
When times are good.
Companies: “Price hikes due to high demand.”
When times are tough.
Companies: “Price hikes due to limited supply.”
*Clown world escalates*
You will have lower portions, lower quality, and higher prices, and you will be happy.
Companies typically used to claim that shrinkflation was making a choice between reducing product size rather than increasing price. Like your just getting less so they can keep it at the same price. But these days they do both, its all about increasing the profit margin as much as possible there is no other consideration at this point. Increase price and reduce product cost as much as possible. Its totally unsustainable.
What pisses me off is when companies destroy inventory and/or throw it away in locked dumpsters rather than donate it, even non food items such as clothing. All just so the poor can’t get/use it.
They do that because of liability. Give an expired product to the homeless or poor. If they get hurt, the company will get sued or have lousy PR. It is safe to do nothing.
@@mattrR678 I’ve been homeless and wouldn’t do that. But they need to change the laws to prevent that.
@@mattrR678true. When I worked at chick fil a in college, we had so much leftover in-opened food but we had to trash it. They wouldn’t even let the employees take it home if it was “free”.
@@mattrR678Remove tags and stuff and do not give unsafe stuff.
Would our whole economy collapse if most people suddenly started eating only simple, quick, bland, home cooked meals, such as beans, rice, raw meat, eggs, oats, granular sugar, and vegetables?
Would the managerial class respond by passing laws to mandate purchases or outlaw raw foods that need to be cooked for consumption?
My assumption is, if people get poor enough, they’ll just make a vat of stew every week, sit it in a refrigerator and carry around an insulated thermos container everywhere, for breakfast, lunch, snacks, etc. with no intention of ever stopping at the 7-11, 99 Cents Store or drive-thru 🤷🏽♂️
Theres enough obese people in 🇺🇸 to prevent that. Healthy eating is rare and most people are addicted to garbage food.
Companies are relying on the natural human trait of laziness. The average person will typically opt for what seems easier or faster. So long as the majority of consumers do this, these companies will continue their greed. I, for one, have said NO to a lot of products over the last few years. I'm just not going to pay that much. I stopped buying paper towels, for example, because they just cost too much. I use rags now. I've spent more time learning how to cook because I'm just not going to pay that much for convenience food. My stubbornness is saving me some money.
I'm pretty much like this already.😊
@@STScott-qo4pwyup
No, those food products would simply be marked up astronomically for, "reasons"
Ive just gone on a complete consumer strike. If I dont need it to survive I dont buy it. I have never been more free.
Me too.
Ive been moving in this direction as well. It is the only power we have. Boycotting specific products no longer works because a few corporations own everything.
The only way to fight it is to all make sacrifices and work towards whole food and home cooking only.
I want to be like you ☺️ I have to deprogram my cope buying
🎵🎶”Koombayah, my lord! Koombayah!” **sets Wal Mart ablaze**
@@Vid_MasterAlso, if you have a little bit of land to grow a garden then do so. Yeah it's more work and one has to learn how so one doesn't starve living just off one's own fruits and labor but it's also healthier because it gets one to exercise.
I'm amazed people are still buying processed foods in 2024. The only processed food I ever buy is a frozen pizza, a few times a month. I've definitely noticed the greedflation/shrinkflation with them and assumed people noticed it with everything else.
If only it was in processed food. Even toilet paper is being affected..
At some point we need laws to address this, This should be illegal
They pay off the government.
No laws are needed all the customer has to do is stop buying. And when the product stops selling the price will come down to restart demand.
@@dabirdaltonLiterally.
@@MatthewHensley8304 I'm a veteran 🪖 & licensed security officer. Cowards can & will arise when you least expect it. Be careful! 🚨
Ez, just stop buying food, gas, insurance, medical, and your rent, mortgage. Free market bb!
I just wish they didn't dilute the product. Meaning cheaper ingredients and it tastes like crap. If I wanted to eat something disappointing, I would make it myself.
Right? I like hamburger helper, and it's become clear that they are giving less seasoning in the box, because it tastes like shit if you follow the directions on the box. What's funny is if you just use less water than the box says to use, it tastes great, but it's like they want to trick you into thinking everything is the same so they don't adjust the recipe, meaning millions of people think hamburger helper tastes like shit, when the recipe just needs to be adjusted
Why not mention harm to environment, producing two bottles filled in half instead of normal one.
Just stop buying their product entirely. Better for your finances, better for the environment, and can help your health too.
I live in Japan and they are very tricky with packaging too, the portions were always small compared to the rest of the world, but nowadays I feel like I'm literally buying almost empty plastic boxes... Ridiculous.
That's one thing that caught my eye in travel videos. The outright wasteful use of space and packing material in processed food products.
@@MarktheRude I'm a really good cook, and we have a garden so I rarely buy anything extra, but when I do I get furious!
Japan wraps a pair of carrots like they’re hors d'oeuvres
Its not shrink flation no more its now skimpflation and greed flation at this point
Love this channel! These corporations are simply criminal!
I stopped buying name brand soda because of the price.
I bought 2 Walgreens store brand soda, 2L: ginger ale. The flavor was not bad..better than many budget sodas. 2000s to 2020.
You know you can just drink water, right? And five minutes later you won't remember the difference, all you will know is that you are no longer thirsty.
Do yourself a favor and quit drinking garbage sugar water.
I stopped buying soda entirely.
@@Dusterdimmu81if only there was sugar in it. Try Coca Cola made outside of the US ( Mexican, for instance) and the domestic one. Huge difference. Most drinks from the same brand, but produced abroad still have actual pure cane sugar instead of cheap and harmful high fructose corn syrup. But I agree with you: between soda and soda chose water
Any advertisement tries to distract you from the weak point, ironically, highlighting the weak point.
"Eat Fresh" = Our vegetables are old and mushy.
"Save 100s" = Spend thousands of dollars.
Whatever it advertises, like, read the opposite.
If packaging changes, they changed the recipe (for the worse) or reduced the product size, or both. Ignore all stuff on the label other than ingredients, net weight, and nutrition facts.
Its even better with namming of communist countries like : "The Democratic People's Republic of Korea " as antidemocratic as it can be.Or People's Republic of China , neither republic nor peoples.
Shrinkflation is not uncommon as it started in the late 90's and early 2000's. I really noticed it with Dial soap bars in 2005. They started shaving the center of the bottom of the bar out for less soap at the same price. Then, they raised the price in 2006.
I remember products from the 1990s being double or triple the size of products today. You can see this in old commercials.
True.. I remember in 2005-2008 Mac Donald’s downsized the small cone but increased the price. The small was a large and the medium was like a an xl comes now they’re even tinier and 5 dollars
Happened long before that.
If we gonna do this, let’s talk about fast food restaurants doing surge pricing
I was better off in 2019 on food stamps
than in 2024 working for my food
Work harder
You've missed the point haven't you? ANY full time job should be more profitable for the worker than not having a job. Otherwise what's the point of having a job at all? @@Jedi007c6
It must be those $5 coffees and avocado toasts! /s
The customer has the power to put a stop to this money grab, all they have to do is STOP BUYING!
Exactly!! Just live in the forest and forage! No one buying gas, food, rent! Imagine price will be so low its free!
@@mattb5464 Thanks Matt. dabird is so dumb
@@mattb5464 that's a half assed attmept at gaslighting. try harder.
@@mattb5464 You don’t have to be so dramatic bro. Just stop buying from certain companies and buy everything off brand…purchase more used items, go to garage sales, swap meets etc.
@@mattb5464 Just buy everything off brand, go to garage sales, farmers markets, pawn shops, swap meets etc. It ain’t that hard
Ngl that ad switch @ 4:10 was wayyyy too smooth 😎
I fail to see how raising prices makes you more competitive. If a soda is 1$ and its competitor is 2$ then the 1$ one will sell more
EXCELLENT presentation
The Stuff he read out loud could literally be out of an SNL Sketch...WTH!? 😂
CEOs being greedy, who would have thunk
It's more than just CEOs.
Basic praxeology: Every human being is greedy. The free market enforces that greedy exchanges just happen when both sides end up better than before
@@rothbardfreedom That's not true, greedy people are greedy
@@ennuiblue4295 Do you voluntarily take any action which you evaluate will result in you being in a worst situation than before?
@@rothbardfreedom except not everyone is greedy, that's just self projection
The trick is to stop buying processed foods. This is what happened in the late 70's and early 80's when coffee manufacturers raised the price of coffee so high their customers stopped buying until they brought the price down to reasonable levels.
That's already been thought of here at least. Fresh produce has the shelf life of milk sitting outside on a summer day. It's usually one step away from the garbage before you even buy it now. As for meats, You're practically paying restaurant meal prices for raw cuts.
Must be imagining it though, not like grocery stores are at all time quarter over quarter and year over year profits.
@@sakaraist find and buy from local farming co-ops if possible. buy local!
People now at days is addicted to food. Just look around.
Non processed food is often more expensive so unless you are personally willing to give me money I will ignore your advice
@@keithparker1346 BS. I buy my food from costco twice a month. I spend $300 to $350 on healthy food monthly.
We raised prices to stay competive. That's not what competitive means.. It's the opposite of being competive.
If they were competing they would be competing for the lowest price...... how are people so braindead these days?
“We cornered the market, so we raised prices and there’s nothing you can do about it!”
I get your point, but I still believe that their statement is correct.
Why? Because their competition is about being the most attractive investment for rich people. Higher prices = more profit = more cash from the investors.
Consumers don't have a say in this market - "just buy the stuff and shut up". Massive corporations do not need to compete over peasants.
They mean to keep their share prices up. That's the kind of competition they are talking about.
Thank you for highlighting the hypocrisy and blatant greed of the corp world.
It’s things like this that send me into an existential crisis. The constant being taken advantaged of by EVERY SINGLE FACET of society is exhausting. I just want to live somewhere affordable with people that I love on this fucking rock floating in space & die in peace. Always trying to milk me & my friends. When is enough going to be enough?
Never
Blame consumers for the problem. Accepting the scam. lazy.
M&M's - now using half a peanut rather than a whole peanut in their M&M's.
Seriously
woah is this real? its literally half a peanut what does that save them in the long run
@@eggshells652 It costs more to split individual peanuts than it does to grow more peanuts
This is just greed for the sake of greed
@@eggshells652It saves about 50% of their peanut costs
@@eggshells652 They use half the amount of peanuts. It would save them a lot.
Regulators need to step in honestly, nothing short of price gouging.
Luckily, EU mandates that there has to be also price per unit (100g / 1 kg / 100ml / 1 l ) next to the price for product…
However manufacturers partially go arround that by using inferior ingredients - like replacing sugar with fructose syrup…
we have that too, Americans just can't read.
Around 2008 it was NOT that they had raised the price on a box of diapers; it was that they had also LOWERED the quantity by 4 at the same time. Has gone on for some time now.
If companies want to save money. Stop putting so much sugar in everything.
But how will people get addicted to the products?
And have to actually improve the quality of the product? Hahaha! Naw, they don’t care about saving money when they can just pass the cost onto the suckers/peasants/consumers.
They are putting less sugar in it, they use high fructose corn syrup instead & yes there is a difference btwn both
@@bqhbqh4251 You know what I mean.
I noticed this crap right away as I cook all our meals in this house. When you lift an unopened box of something you always lift and it is lighter, you notice. I am fighting back by not buying the shrunken products as much if possible and making more by scratch in the kitchen. My UA-cam recipe video list is in the hundreds at this point!
The honey nut one had it's fill line marked on the box.
Food companies: "The weight loss drugs are making them buy less snacks!!!"
No, no. Lack of money is the reason why I cut out my one Pepsi a week.
I don't see how they don't realize they've already milked everything out of the economy...... This is so retarded....
whatever the reason, that's a good thing
Yeah. There's so much junk I stopped buying because of the corporate greed. Companies are really relying on those addictions they forced on us over the years to keep everyone throwing them money. America is still fat but millenials, gen Z and Alpha are way more aware of the bs that is going on in the food industry thanks to the internet. We aren't like the previous generations that were just shown a bs food pyramid and force-fed ads on TV or in newspapers.
Just stop drinking it entirely. After a few months you'll wonder why you even drank it in the first place.
@@DrSpooglemon you're so right. Even the sugar free options kinda make you addicted somehow.
I at the moment am drinking every now and then a coke, but it gets more and more over time until I break the circle and don't drink it for months.
My goto is to have a bottle of lemon juice in the fridge and to put some in my water. I need to start that again
Lack of competition.
See, price inflation is only at 4%😂😂😂😢
Tillamook Ice Cream did this too
Fun addition to your regular fare!
People need to pay attention smh 🤦 .
Prices don't follow the laws of physics: Once prices go up, most of the time they won't go down!
good and true phrase, its just like what the airlines did after 9/11
Haven't bought muffins from one of the grocery stores lately but glanced at them on my way out. They used to be 6 to a pack but now are 4 for a slightly higher price than before. been noticing this more and more in the past couple of years where prices will stay the same or go higher with less being provided.
record profits, yet they raise prices and shrinkflation and tell their employees that a raise isn't in the budget... i notice that the shrinkflated products use a lot more plastic... guess the corporations don't care about the environment anymore
When did corporations care about the environment?
Its always been like this, they say they care about the environment and that the plastic can be recycled but its pretty hard to and its not cost effective to. it hurts to see that consumer packaging goods are being manipulated to the current extent
@@rogueinvestor2375 Never. It's not their job. That's why the government has to enforce it.
They want a master/slave system. That's it.
Maybe people should realizise what corporations do to us and stop purchase theirs garbage!
Good video, Josh. Hey what kind of chair do you have? I need a new one 😢
You need a new ass
"Oh no, we might only make $30bn this year, we must raise prices or else we'll be poor!" is essentially their mindset.
'Parasitic' is usually how I think of these large corporations anymore.
thanks for calling out greedflation. it's not just shrinkflation, but you also get less quality of the ingredients. shoes are glued rather than stitched, cerial contains more and more oatmeal, your pair of jeans disintegrates after just a few months and in general you get less of the more valuable ingredients and components.
Greedflation is a dumb term. It’s just greed plain and simple.
We had certain rules in the EU that made contents only in predetermined sizes available some years ago.
That got abolished and ofc the industry was like: now we can deliver you a better offer.
What this .. obviously resulted in is, you need a doctors degree to read prices properly in a grocery store.
This also is the groundwork that allows the 'shrinkflation' to even exist.
Good job politics. Again you served your people well.
Seen this happen to often, in the UK (my market). They increase prices and drop sizes.
Like Dove soap used to 125g. I often buy the 6 pack (as it better value vs single bars)
Mid 2023, they cost £2.50 for 6 bars of 100g, then the upped the price to £3.50, for 6 bars of 90g. 2 weeks ago now £4 for the same pack. So in 1 year 60% price increase and 10% less soap.
more like greedflation, they can't just make a lot of money, they have to make ALL the money
exactly. Did this with gas prices to. Just an exscuse to raise prices and keep it there.
More like tearflation. Companies shrink items to reduce need to raise prices. If you don’t like inflation vote out Biden who just prints money and stop demanding minimum wage raises
@@christopherknox7009prices don’t come down when wages go up
this is the problems of having shareholders. Shareholders were for once for upstart companies that needed funding. Not for billion dollar companies that are already established and profiting well. Shareholders should be banned or be forced to be paid out after a company becomes successful and remains profitable/stable for 5 years and the companies be private or have shareolders but with a profit cap. So they cannot force or pressure companies to bring them more profit.
the real issue is CEO comp being tied to stock value, if they didn't have an incentive to crank up revenue at all cost we wouldn't see so much customer abuse, they don't do anything for shareholders, they do it all for themselves, plenty of CEO's have screwed over shareholders in attempts to line their own pockets, just go look at the recent Unity engine fiasco@@jhnyjoejoe69
Fluke, is that an wedding band on your hand? 😁
This has been going on for decades. The only difference is these days companies don't even bother to try and hide it anymore. Probably because with the help of good people like you keeping track of these things and letting everyone know. Unfortunately we're all so beaten down that we just shrug and go on with our day.
we all took our eyes off corporations.
fun fact, where i live, below the 'per item' price of usually foods but sometimes other things, there is a 'per liter' or 'per kg' price, that is normalized. This way you always know if the actual price of the item has gone down or up, regardless of portions.
excellent video. I am totally aware of these tactics, but as I do not buy a cereal and chocolates, chips, etc. I was not aware how bad it was getting. I know about it with shampoo and stuff. I also moved from the US to Albania, so we don't have as much of that crap here.
Something they do in Albania though: They sell you the good toilet paper at cheaper than the other kinds, but the inner cardboard roll is about a 3rd bigger than the more expensive ones. I fell for that one time. Flip the extra dollar for the more expensive 10 pack. ;-)
Sooo... no different
Thanks for the update
Europe also is affected - i myself resorted to choosing one single, especially cheap line of products and only buy these and nothing else _(if possible)_ . There are "good" manufacturers out there which ignore shrinkflation trends - go and find them and *stick* to them. We all need to support proper businesses
I would love to see more of this.
stop buying that garbage simple
You can't stop. Because everyone does it.
@@saulgoodman2018 But at least you won't be the one paying marked up prices for some of the worst food that you can possibly put into your body
@@Deeptunester Every company does shrinkflation.
Unfortunately it doesn't appear to be happening with only garbage.
Is Shampoo garbage too? What about Parsely, a herb?
DAMN! I've always been disappointed with how much extra space there is in cereal bags and chip bags, but.. COME ON, Honey Bunches of Oats!
"I've got an idea! Let's give them only HALF a bag's worth of cereal and see if the the pleebs notice!😏😈"
"AAAND... we could tell them to eat CEREAL FOR DINNER!"
"BRILLIANT!"
Cereal for dinner makes sense because it's a dessert.
Yeah except this isn't even funny anymore
It's so funny watching people spin out over stuff like this.
Guess people will never understand.. "product sold by weight, not volume."
I think it’s time for our government to start regulating publicly traded companies. Greed is far too out of control.
how do you not understand the government and the huge corps are one in the same ?
@@adamgretzinger963 the sellouts need to be voted out too that’s all part of the process. There’s a reason these old farts that can’t even stand or put together coherent sentences anymore are trying SOOO hard to just die in there positions. They are hiding things they know there replacements will call them out for. Good times are coming and those people have max 5-10 years left on this world before the inevitable happens.
Oh my poor naive citizen. The government IS backed up by corporations. A lot of them are sponsoring their candidates in the various branches in the government, so later on these politicians can push laws and regulations that are beneficial to their sponsors. It's called "lobbying"
It’s on us when we know, yet continue to play their game.
If companies started giving us Fair products and a Fair price, it'd be almost like they actually work for us.
Some products are an absolute joke, the price to size ratios of some things now take the piss.
The thing is companies stock is determined by future growth. Once a company reaches market saturation either by buying out competition or simply providing quality good/service there is no more growth. It impossible to get more customers if everyone who can be a customer is a customer so the only way for the company to maintain stock value and/or grow is to lower the quality of said good or service. Like a crack dealer selling the good stuff to get you hookered and given lower quality later knowing they got you for life.
This been going on for at least 15 years.
Perhaps another interest rate hike will make them think twice.
These companies have become their own worst enemy.
I don't know if the Fabreeze Air line is the only ones to do the about half full bottles thing, but after I bought a number of twin packs of those, I noticed a full one feels much lighter than the aerosol fresheners in metal cans, and not just by the weight of the container materials, the gross weight feels so much lighter. I was wondering if, since it's a common thing around here, mostly limited to Wal-Mart, customers were using products and not buying them, I flipped it to check since the bottom is better visibility with the dimmer lighting I have to work with. I'm even finding wet food products sold in plastic bags now to also have air in them rather than having a vacuum seal on them since a thin plastic bag is much easier to pierce than a tin can or glass jar and I don't like that because I have to spend a minute or two smelling to gauge if it's possibly from bacterial contamination, but a lot of harmful bacterium don't produce gases with odors, like with salmonella and E. Coli, so it's still a gamble. And since some of those plastic bag wet foods are, like some I bought earlier today foods I haven't had before, I don't even know how to tell if the food spoiled before expiration date besides odors, I could tell being from mold growth or visual signs of contamination. -> My uncle once had a bad angle on a deer or elk he killed, and we had to cut a lot of bad flesh out and even through away some we packaged and later was able to see and or smell the contamination. Don't eat the green meat.
The concept of shrinkflation doesn't have a simple "answer" in the traditional sense. It's a term used to describe a phenomenon where companies reduce the size or quantity of a product while keeping its price the same or increasing it. From a consumer perspective, being aware of shrinkflation can help make more informed purchasing decisions and be mindful of changes in product sizes or quantities.
You'd think they would save money by not using unnecessary packaging
The once 1 liter coke is now sold for same cost just shrink size. Same with the cans from 8oz to 6oz. Charging same cost just smaller.
I have a friend who loves when companies do this. He really believes companies do this stuff because they care about the consumer.
Borrow money from him and pay him back a deflated amount
Perfect response
What is the difference between profit and theft?
They get away with it because people buy it. Stop rewarding their malpractice with your money.
Also while laying off huge amounts of staff …
The CEO needs a new boat though.
Gatorade at gas stations went from 32 oz to 28 oz and they filled them less.
Welcome to America!
Know what can’t shrinkflate? Whole foods. Cheaper to buy potatoes and meat than potato chips and microwave meals.
This isn't nothing. Wait until the "we got you by the balls because you're so depended" rate hikes are the accepted new norm.
Generic brands are still competitively priced. Only way to stop them is to not buy their products. Enough people donit and they'll have to lower prices.
Joshua doing good work for society.
Candy bars, Twinkies, Pop Tarts (thinner), even Levi's (fabric thinner on preshrunk styles).
On some products - the ones which are not simply a quantity of some uniform item or substance (e.g., Gatorade) - shrinkflation yields an inferiror product, not merely Less of it (e.g.., the new skinny Pop Tarts taste weird, and thinned-out Levi's obviously wear out faster, and fit differently, etc.).
Companies doing this are playing a short game. By doing this and when you find out about / see it. The branding works both ways and you NEVER buy / deal with them again
Will you cover companies like Amazon trashing random products to keep supply down to keep prices up?
I recently noticed that in a lot of areas, Amazon is cheaper than my local Walmarts, somehow. Like, a can of chili I like is a solid 25 cents cheaper per can through Amazon. I can literally get it delivered to my door and save money compared to going to my local Walmart.
What? Explain this in depth please. Are Amazon negatively reviewing their own products
Humana had record profits last year. But just laid of 10% in January because they missed their targets.
I have a good one. Seapak now sells fake shrimp and they stuff the entire breading with tufu. GROSS
Ewww!
Thats why i am only buying no name products. They are cheaper and the taste is often better than the more expensive products
The solution is simple. Stop buying these companies products when they increase the price or are giving you less for your money. That's exactly what I do. They will have no choice but to lower the price again to increase their sales.
EGADS! THE GATORAIDE!
I HAD such a hard time getting gatoraide!
They were out of stock or .... how infuriating.
When they changed the size, they also changed the recipe or watered it down. I just stopped buying it. Not going to pay more for less and get a product that doesn't even have any flavor anymore.
@@MmmmJuicy Ohyeah I shall be switching to a different drink.
This is probably why people think inflation is worse than it really is.
It’s the same with governments more taxes less social benefits and returns. We as consumers and constituents need to voice and fight back to this financial rape.
In my country the shampoo companies seems to have changed format of bottles all at once to a smaller one, keeping same price. Not only that, the supermarket i go to changed the height of the shelf floors (they can easily be moved up and down through pre-placed holes) to make it more subtle.
But we had the old bottles. The old ones were 400ml, these are 300. This is insane.
If different companies not belonging to the same owner suddenly change packages to disadvantage of consumers what they practice is a market collusion.