I was working in a wine shop when they introduced '3 for 2' offers. Coincidentally, they put the prices for those bottles up by a third as they did so... 🙄
...on goods packaged in smaller quantity. Ever notice how a triple roll of loo paper is the same size as a regular roll 10 years ago? Or a 1.1 kg can of coffee is now 891 grams (or less)?
It's a bit easier in metric countries but 0.9 l/kg packaging is widespread here, too. Plus odd-shaped containers that make it hard to assess how much stuff is in there.
My favorite retail factoid however is that ground coffee is consistently some 10...20% cheaper than coffee beans. Why would they grind at a loss? ...or perhaps it's not all beans.
I believe I had coffee retail in mind back then, and it works like this with other groceries as well, at least in our parts. Scheduled weekly discounts are often reaching 70%, which leaves us with the question — who is buying it at the “regular” price?
I was working in a wine shop when they introduced '3 for 2' offers. Coincidentally, they put the prices for those bottles up by a third as they did so... 🙄
...on goods packaged in smaller quantity. Ever notice how a triple roll of loo paper is the same size as a regular roll 10 years ago? Or a 1.1 kg can of coffee is now 891 grams (or less)?
Shrinkflation
It's a bit easier in metric countries but 0.9 l/kg packaging is widespread here, too. Plus odd-shaped containers that make it hard to assess how much stuff is in there.
My favorite retail factoid however is that ground coffee is consistently some 10...20% cheaper than coffee beans. Why would they grind at a loss? ...or perhaps it's not all beans.
Or maybe they know that grinding your own is an elite thing, for which they can charge more.
You're describing the healthcare industry.
I believe I had coffee retail in mind back then, and it works like this with other groceries as well, at least in our parts. Scheduled weekly discounts are often reaching 70%, which leaves us with the question — who is buying it at the “regular” price?