Tricks Supermarkets Use to Keep Prices Low during Inflation
Shrinkflation. have you heard of it yet? It is the new trend. Smaller packages for groceries in the same price as their full size equivalent was just 3-4 months ago. Crazy high prices in the supermarkets for groceries forced retailers and manufacturers to rethink how they will going to respond. They came up with some ... clever ways to hide the inflation. Downsizing in one of these new tricks. But it is a) legal, b) ethical, c) logical or d) intentional. Watch this video to discover all their tricks and be a savvier buyer.
⌚ Timestamps
0:00 intro
1.19 Trick 1 - shrinkflation
2.51 Trick 2 - small price hikes
3.32 Trick 3 - no more offers
4:54 Trick 4 - product placement
5:23 illegal, ethical or necessary?
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I am Tassos Koidis, Lecturer in Food Science & Nutrition at Queen's University Belfast based in Northern Ireland, UK. ** Here in YT, I am expressing my own views. **
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