Less Food, Same Price
By fortknox75
@fortknox75 (842)
Philippines
June 30, 2008 9:38am CST
I read in the news today about how manufacturing companies would do to cope with the high cost of raw materials to stay profitable and be competitive in the market. I learned from the article that some companies are quietly putting fewer ounces in the package instead of raising prices.
What's your opinion on this? Does this really help us (both manufacturers and consumers) cope with the high prices of goods?
3 people like this
8 responses
@Gargoyle0134 (1257)
• United States
30 Jun 08
I only have a few things to say here. Buy from local farmers and it'll save you money. And ALWAYS clip the Sunday paper coupons! Buy what is on sale and then figure out your meals. This economy is horrible!
I do not care what anyone says, don't believe most of what I hear anyway (all excuses for bad management,) and do not bother to read government propaganda. I have to feed my family and keep in budget, and that is my only concern. I'd bet most of America feels as I do?
Coupons work. Buying local from farmers is fresher and less expensive. Go for it!
2 people like this
@fortknox75 (842)
• Philippines
1 Jul 08
That's a better alternative gargoyle. Thanks for sharing your idea. I'm sure members will be happy with your smart idea about this. Thanks!
1 person likes this
@PearlGrace (3171)
• United States
30 Jun 08
I have noticed that food manufacturers are reducing the amount of food they put in a package. I guess it's their best way to save money and fight rising costs for their companies.
However, I don't think it really helps the consumer as we will have to buy 2 instead of 1 item if they have reduced the amount in a package and we need a certain amount for a recipe.
Everything at the store is getting more and more expensive and I do worry about people who may not have enough money to cover for the rising costs.
PearlGrace
1 person likes this
@roxanne271 (2034)
• Trinidad And Tobago
30 Jun 08
Personally, I don't feel that this is truly a new trend. I have noticed with some products that the package would have less and the price would be the same, the box would state it has the same quantity but in reality just by looking at the contents of the package you know it isn't true. Sometimes with condensed milk the cans aren't filled to the brim anymore, I can open the can without a drop spilling out now.
Now I live in Trinidad but I believe this goes on all over the world or will start to if it hasn't already started.
I feel it is a good way to help poorer people cope with the food prices although you are getting less and it is annoying to be getting less...
But who knows what would really be the best solution. Everyone has their own view of what would work and what would not. I personally can't decide fully on this one. When I think of the families that can't cope with rising food costs it isn't a bad idea but at the same time they now have to settle for even less food than they were probably eating before. See the dilemma here?
This is seriously getting out of hand all over the world.
1 person likes this
@moonlitmagikchild (22181)
• United States
1 Jul 08
doesn't surprise me and i don't have the money to afford to get jipped
1 person likes this
@saundyl (9783)
• Canada
1 Jul 08
I'm sure it does save them some money but...using less packaging would also save them money. So often packages are way to big for the items within them or several layers deep.
I like purchasing bulk items and the storing them in my own plastic containers - less to throw out and I choose how much i want to take home.
@padmameera (952)
• India
1 Jul 08
Hi
I have also seen a newspaper report on how the manufacturers cope with out increasing the price of the products. For example they will pack 900gms instead of 1 Kg and selling price will be the same they used sell the product before the price hike and on the cover they mention the weight as 900gms. In this way customer does not feel the change they think that they are purchasing the same quantity they used buy before with the same price.
This will help the manufactures not the customers. Customers are paying more than they used to pay and thus the net result is that they have to spend more if they want to buy the same quantity of commodity.