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Economics Discuss Why must some companies make price increases that are sneaky--not straightforward? at the Political Forums; Originally Posted by FrancSevin What market research shows is that people do not read the volume on the box. This ...

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Old 09-11-2020, 02:26 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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Originally Posted by FrancSevin View Post
What market research shows is that people do not read the volume on the box.
This is probably true.

But that merely affirms my previous suggestion that this is a matter of deception.

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Originally Posted by FrancSevin View Post
[T]he instability of retail prices is more the result of inflationary pressures which are more extreme now that the dollar is no longer based on the gold standard and therefore easily printed.
I thoroughly agree.

This is one reason that I simply despise the divorcing of the dollar from gold.

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Originally Posted by FrancSevin View Post
Our government just invented two Trillion dollars out of thin air. What price pressures will that put on marketing and eventual prices at retail? Yeah, blame the producers right?
I never suggested that the "producers" are to blame for this.

It is the retailers who have chosen downsizing over a straightforward price increase.
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Old 09-11-2020, 02:42 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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Originally Posted by pjohns View Post
This is probably true.

But that merely affirms my previous suggestion that this is a matter of deception.



I thoroughly agree.

This is one reason that I simply despise the divorcing of the dollar from gold.



I never suggested that the "producers" are to blame for this.

It is the retailers who have chosen downsizing over a straightforward price increase.
What deception? They print the new volume clearly. Are they required to do any more?
Why.
Again, deception is not changing the net weight. Packaging lines need to maintain the same dimensions whenever possible. Otherwise they must re-tool. As a Co-Packer for 40 years, I can attest to that expense. Huge.

You blame retailers. Clearly you don't understand how things work. As I explained earlier, most retailers have little control over what's in the box. Big chains like Wal-Mart have some leverage. But generally, competition keeps them in line.

And you clearly did blame the producers. They own the marketing divisions of their respective companies.

Folger's coffee owns the mills, the roasters, the packaging lines, the sales force and inmost cases the production from bean to your pot. All of it.
Same with bananas, and most staples.

I never mentioned the farmers who produce the grains produce and coffee either. They suffer from other pressures most of which is rooted in the Chicago Board of Trade monopoly on manipulation of pricing on agricultural products.

However, in most cases the cost of raw materials is a small percentage of the retail price so such fluctuations have minimal impact on all but the most basic commodities. Sugar being an example.

Our resident expert here on that is 300H&H.
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Old 09-12-2020, 01:16 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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What deception? They print the new volume clearly. Are they required to do any more?
Well, this is clearly within the law--which is to say, it is within what these people are "required to do."

But it certainly is deception. Otherwise, why would they place their product in the very same, irregular-shaped container?

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Again, deception is not changing the net weight. Packaging lines need to maintain the same dimensions whenever possible. Otherwise they must re-tool. As a Co-Packer for 40 years, I can attest to that expense. Huge.
But they did not "maintain the same dimensions. (The new version is slightly smaller.)

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Originally Posted by FrancSevin View Post
You blame retailers. Clearly you don't understand how things work. As I explained earlier, most retailers have little control over what's in the box. Big chains like Wal-Mart have some leverage. But generally, competition keeps them in line.

And you clearly did blame the producers. They own the marketing divisions of their respective companies.
You are correct: I did blame the producers.

My bad, as the kids say nowadays.
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Old 09-12-2020, 01:44 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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This is probably true.

But that merely affirms my previous suggestion that this is a matter of deception.



I thoroughly agree.

This is one reason that I simply despise the divorcing of the dollar from gold.



I never suggested that the "producers" are to blame for this.

It is the retailers who have chosen downsizing over a straightforward price increase.
No, it's a matter of indifference. The boxes are clearly marked, and at least in Virginia the price/ounce must be posted on the shelf. The fact is most people don't care.

On a side note. Most people don't know or care that that green can of cheese contains sawdust, the salt box contains sand, and Corned Beef is pumped with 20% water. Check the box the next time you buy.
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Old 09-12-2020, 04:34 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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No, it's a matter of indifference. The boxes are clearly marked, and at least in Virginia the price/ounce must be posted on the shelf. The fact is most people don't care.
Well, if most people are indifferent to a downsizing, would they not be equally indifferent to a price increase (which, in the long term, amounts to the same thing)?
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Old 09-12-2020, 05:36 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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Well, if most people are indifferent to a downsizing, would they not be equally indifferent to a price increase (which, in the long term, amounts to the same thing)?
12.

I think people notice a price increase, which is printed in big black letters in a prominent place long before they notice a drop from 12.498 oz to 12.285, which is printed in small letters in a non prominent place.
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Old 09-13-2020, 10:33 AM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

the bottom line is many companies are intentionally lyi...-cough- "misleading" the public to pad their bottom lines.

Is there any evidence of companies ADDING more to a product without making clear note of it to the potential buyer?
Seems clear to me that "the love of money" is the problem.
The remedy is a MORAL check, in the form of personal and corporate integrity.
"the Fear of the Lord" is the primary step in that direction.
Capitalism, market forces, and consumer backlash ALONE is not enough.
Where do morals come from, where are they promoted most clearly?
Not the Corporate board room or stock holders meetings.
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Old 09-13-2020, 01:18 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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Is there any evidence of companies ADDING more to a product without making clear note of it to the potential buyer?
That is a very good point!

I have noted previously that a temporary addition is advertised in large letters--"25% More!"--but a decrease (and not just a temporary one, either) is entirely ignored.
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Old 09-13-2020, 01:42 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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Originally Posted by pjohns View Post
This is probably true.

But that merely affirms my previous suggestion that this is a matter of deception.



I thoroughly agree.

This is one reason that I simply despise the divorcing of the dollar from gold.



I never suggested that the "producers" are to blame for this.

It is the retailers who have chosen downsizing over a straightforward price increase.
Retailers don't control the packaging. Retailers sell what the vendor puts on their shelves.
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Old 09-13-2020, 01:49 PM
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Default Re: Why must some companies make price increases that are sneaky--not straightforward

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Originally Posted by mr wonder View Post
the bottom line is many companies are intentionally lyi...-cough- "misleading" the public to pad their bottom lines.

Is there any evidence of companies ADDING more to a product without making clear note of it to the potential buyer?
Seems clear to me that "the love of money" is the problem.
The remedy is a MORAL check, in the form of personal and corporate integrity.
"the Fear of the Lord" is the primary step in that direction.
Capitalism, market forces, and consumer backlash ALONE is not enough.
Where do morals come from, where are they promoted most clearly?
Not the Corporate board room or stock holders meetings.
Again, if you don't want to be misled, don't participate. It's not that hard to do.
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