Food manufacturers use clever pricing tricks - a financial expert exposes them!

Food manufacturers use clever pricing tricks - a financial expert exposes them!

According to a report by www.t-online.de,
Food manufacturers have various methods to get consumers to spend more money on their products. The most popular tricks include shrinkflation, in which the capacity of a product is reduced, the more-in-one trick, in which products with more content are sold at a significantly higher price, and the cheaper trick, in which both the capacity and the price are reduced, but not in the same proportion. Other tricks include the less-in-it-and-more-expensive trick, the dealer trick, the multipack trick, the skimpflation trick, the dosing trick and the brand switching trick.

These tricks can have a significant impact on the market and consumers. By reducing the filling quantity while keeping the price the same, consumers can quietly get more for less. Offering apparent bargains that are actually more expensive can undermine consumer trust in price transparency and fairness.

Using these tricks can also lead consumers to look for alternatives, increasing competition in the market. By uncovering these machinations, consumers can choose products more consciously and the demand for transparent prices increases.

Overall, these tricks can have long-term effects on consumer behavior and competition in the grocery and drugstore industries. It is important that consumers are aware of such methods and learn how to recognize them in order to make informed purchasing decisions.