My go-to example: your local hairdresser may keep the same prices (adjusted for the official inflation or otherwise), but over the years, they may have stopped serving coffee and started offering only water. The salon used to be beautiful and stylish, and now looks dirty and furnished with cheapest bargain-bin business store furniture. Flowers are gone or replaced with cheap plastics. Toilets never have toilet paper in it, faucet always leaking. Waiting room sofas got replaced with cheap chairs. Even the magazines are gone, and in their place you just get leaflets. Etc.
Repeat the same for your local grocery store, parking lot, car dealership, bus stop, airport, cinema, everything.
The second half of the inflation is literally everywhere, in everything - it can be easily seen once you start looking for it. And after that, you can't unsee it.
Note that this is the most charitable interpretation where the customer deception is fairly minor(inflation happens, gotta sneak that price increase in there some how) Stuff like deceptive packaging(make it look like there is more than is actually present) punts it into the outright evil category.
computers i think are more affordable now than even 20 years ago, in bang for buck
Everything has been spreadsheeted to death.
Because that would fit a lot of people's perception of how food is going: you get less, but what you do get is worse for you.
I can guarantee you this is not “consumer demand”. Nobody goes to the store thinking “I wish shrinkflation was even more prevalent and that I’d get even less for my money”. Screw you corporate BS PR department, you’re not even trying.
Frank Mars founded the American company. His son Forrest invented Milky Way, but then eventually quarreled with his dad and was removed from the business. Forrest moved to England, founded his own company, and the Mars bar was his first product: a European version of Milky Way.
Later he inherited the original American business and merged the UK one into it.
Feel free to add what you have in your attic ;-)
And I realized, this is what people want, in the sense of this is what they will pay for, this is how they vote with their wallet. What I want is not this, but it is what society wants.
In the US we try to maintain inflation at a target rate of 2%. For commodities where the costs aren't able to keep pace with inflation you'd either expect prices to double every 35 years or for the product to be half-ish the size (assuming labor costs scale by size). It's a 99 cent candy bar so...
I think inflation rate and costs of lots of things due to oil has jumped so much in the last few years that both the costs have gotten mouth watering and sizes have gotten noticeably smaller. But I prefer either of those to leveraging even more low cost filler, which I assume is the other option.
I honestly think in the US portion sizes tend to be larger than I need here so I'd honestly prefer if they lowered prices and dropped sizes to something reasonable.
In the end it is like a sugar tax just that in this case the company itself did apply it and not the goverment.
I know people will buy it anyway also when its more expensive...
Just eat less processed food its harder to trick you and much more healthy.
Packaging was more expensive to manufacture and often made the product quite a bit more expensive overall. It was sometimes seen as a scam as in "packaged deal" where unrelated extra stuff was made a mandatory part of the purchase if you wanted to have the other part.
Seeing shrinkflation as a next step in packaging evolution, I think that the general direction can be described as quality of life decreasing as a result of laziness that could be met half-way with technology. The technology dropped the quality but at the same time freed more time to do other enjoyable things. Sometimes completely sealing the way back so that now even the other things aren't as enjoyable, there's no way of going back to the supermarkets where you could buy goods by weight.
The upside of shrinkflation is that you actually may have had great taste, it was the product that declined. It’s not just the portion size, the ingredients and flavor profile are much worse.
Also when I worked in a bar every year we got be beer glasses from the brewery. Every year they fit a little bit less. You could fill an old one to the brim, pour it into the new ones and yep it would overflow.
So sneaky and this has been going on year after year.
The business would like nothing better than you to buy nothing but hot air.
I imagine the CEO signing off on the changes - impressed with the designers, such impressive CAD tooling Baumol would shed a tear.
Slow shrinkflation, then one day "now bigger!" (with a price increase) and then repeat.
If you fed a lion the average American diet, it would die. And red meat isn't really the problem.
Don't kill yourself. Dont eat trash.
I guess perhaps we put a lot of shit on our bodies