In most European countries, it is mandatory for stores like supermarkets and drugstores to list the per volume price so that consumers can just see the difference instead of having to take out our calculators and do the calculations on our own. Maybe we can also do this in Sg!
@user-bi8ko7kc6h2 жыл бұрын
But most people won't notice if the final price stays the same and per volume increases for the same product overtime. Unless they make a note of price per volume, most people only remember the final price.
@imgood65352 жыл бұрын
What is per volume lol 😂 it's should be per unit volume .
@jamestaylor85772 жыл бұрын
This is the same in Australia. It's a really good thing for consumers.
@jamestaylor85772 жыл бұрын
@@user-bi8ko7kc6h The pricing tickets state how many grams per 100grams or how many mls per 100 mls your getting of the product. It's very noticeable and easy to make comparisons.
@davisholman81492 жыл бұрын
@@user-bi8ko7kc6h Same in the USA - they have for decades - it is small print & folks do not bother reading it very often. I watch it because I am a bargain shopper. But it is more a matter of comparing brands than keeping track of what brands are giving us less product.
@mxkaka2 жыл бұрын
Steven is a gem of a host!
@Lampuunion99892 жыл бұрын
Nah bro
@kitokid864002 жыл бұрын
Funny thing is I always notice this kind of changes all the time. Cause I love to check the weight on the bottle, visual aspect of the product etc. How the fried dumpling from hawker center get smaller.. how the biscuit doesn't need to break in half to dip into coffee anymore.. really enjoy your talking point series.. keep on the good work team 🙂
@nicholasbolas2 жыл бұрын
The worst ones are increasing price AND downsizing the product. Like certain curry puffs... practically all the fastfood brands selling burgers... And the incoming GST.... Good luck to us peasants...
@user-bi8ko7kc6h2 жыл бұрын
Finally, I'm not the only one who noticed this 😂😂. I notice this yearssss ago. Companies want to keep the price low or stay at the same price so they have to reduce the volume of product.
@sugarashley2 жыл бұрын
I’ve been telling people this for years! I first noticed it when the Mars bar shrunk. Then I started spotting it everywhere
@arissajoan2 жыл бұрын
Yes!! They really think we consumers are stupid and not noticed 😑
@iawarenow6582 жыл бұрын
@@arissajoan yes found best thing was to stop eating branded products all together or anything made in a massive factory.. is healthier for everyone too..
@NoMoneyG2 жыл бұрын
Thank you for this! Unfortunately shrinkflation is happening on almost everything! Now the prices are rising & not by a small amount, by 20-30%!! That's outrageous. I've listened to to many corporate profit calls & they laugh that their profits are through the roof! Profit year over year. It's disgusting & disgraceful corporate greed.
@laraantipova3892 жыл бұрын
So wait a minute. Why did companies suddenly become more greedy. Wouldn’t they be consistently greedy?
@leannebishop78802 ай бұрын
Yup Pure greed their greed is insane
@contenteater2 ай бұрын
@@leannebishop7880But why now ..
@JKSNsensei2 жыл бұрын
Before watching, I’m just going to make a bold guess… … because profit.
@JKSNsensei2 жыл бұрын
@naggers jaggers second guess was Space monkeys. It has to be one or the other!
@Happy-v3f5d2 жыл бұрын
living space also shrink. It will be interesting to look at why balcony is bigger than living room in new condo..haha
@dodieodie4982 жыл бұрын
The most obvious for me have been the product sizes in Dollar Tree stores. They have to have that set price, so it is easier to compare what is there today to what you would have seen just a few years ago. The latest packages are almost cute as they appear child sized.
@dwichiesa2 жыл бұрын
So funny to think that they actually care about their customers. It's all about the shareholders
@clementihammock75722 жыл бұрын
Likewise politicians only care about their party.
@eavyeavy28642 жыл бұрын
So funny you think you are truthsayer when you just coping
@izharfatima52952 жыл бұрын
Ironically, when they say that they want to win the brand loyalty by not cheating on consumers the strategy is to deceive them unknowingly. Paradox it is!
@happycook67372 жыл бұрын
This is also happening in the USA. Bacon was 16 ounces 500g.Now 12ounces! Cost summer 2021 $3.50USD. Now $6. McDonald's quarter pounder meal in medium size was $6.70 now $10. 500g ground beef (mince) was $3.50 now $5.25. Some things stayed same like sack of flour. 5pounds 2.5 kg for $1.97. Bananas 500g for .79 cents. Cooking oil doubled in price. We are now only eating at home and cooking cheap recipes. I also learned how to make restaurant clone recipes like famous coffee shop, pizza place, etc. If anyone is looking for a fabulous easy cookie try the 1970's "ice box" log cookies. I keep the log in my freezer and can have fresh chocolate chip or sugar or spice cookies in 12 minutes using toaster oven. Slice and bake. Microwave mug cakes are our other "new" favorite.
@CKing-3882 жыл бұрын
My 13yr old daughter noticed how much less she gets in lunchables now. 3 chicken bites instead of 4… 5 slices of meat and cheese instead of 7… etc.
@chantaltq2 жыл бұрын
Thanks for sharing the tips on some of the ways we can save on groceries. Most of the time though, when I’m pressed for time, I might just get the things I want from a single supermarket instead. In most areas, the “budget shops” aren’t always in close proximity. If time is money, then I feel like I’m actually indirectly “spending money” for wasting the time going through different stores just to save a few bucks..unless the saving is significant of course
@pfever2 жыл бұрын
If stores labeled the products with the price per 100 grams, it would be obvious to spot which product is becoming more expensive
@patriciachoy56072 жыл бұрын
In the US and Canada, prices at supermarket includes price per unit measurement (e.g. price per ounce), so that it's easier to compare if a revised packaging affected the volume and to compare between products.
@sunnyraingene2 жыл бұрын
Same for most European countries!
@simmonslack90882 жыл бұрын
Hi CNA producers and Steven Chia, keep up the good work ! You guys are awesome.
@pjpororo3232 жыл бұрын
Finally a program to talk about this! I have noticed and lamenting, the inflation didn't just happen now, we have this issue for quite a while!! When times are better, the manufacturer doesn't increase back the volume, should reduce the cost isn't it?
@Redsunns2 жыл бұрын
about 20 years ago, my Chips Ahoy shrinked so much that i avoided it till now...
@gotmyonu10272 жыл бұрын
Can you do a series on shrinking salaries of typical Singaporeans... Locals? We used to be able to buy kopi for 70¢... Now is 1.50...obviously our salaries are shrinking....
@lucretius80502 жыл бұрын
General rule is when you see the packaging has changed it is almost always shrinkflation or sometimes a change in which country it is produced where you might also experience a change in quality. (With sometimes the rare instances of changing to greener packaging due to trends) No company in the right mind would purposely invest in new machines as it costs a lot of money. There's also one more trick which is to sell "fun/bite size" which costs more by weight but it looks more.
@bsommer17172 жыл бұрын
they key though, is once they decrease quality, or make the product smaller, they are never going to go back to the old way...its here to stay.
@emailant2 жыл бұрын
Great Episode! I’ve always noticed shrink flatiron and am really that it’s being brought to light for the masses. There is another peculiar thing I’ve noticed too and hope you can dive into it if possible. Brands do sell a different flavour of their products regionally. You’ll only notice if you use the same product alot over and over. For example, I used to drink Season’s Iced Lemon Tea and different cans have different taste. (Yes, bottled and canned have different taste too but this can versus can). Like one packaged for Singapore and one for Malaysia. Even water. Ice Mountain.. I’ve encountered differences and the only obvious tell is, the height of the cap is shallower for one of them.
@mountainguy47102 жыл бұрын
Jacob's cream crackers in the tin used to be filled full. Now it's only 2/3 full.
@isabellapermatasari19572 жыл бұрын
This has been classified as business strategy called "just noticeable difference" so instead of increasing the product price every year (due to inflation etcetc) they'll just deliver less..
@hazellxh2 жыл бұрын
Thanks to the team and host for this insightful video!
@kellyprince25522 жыл бұрын
This should be illegal and the company's fined!!!!
@bowlampar2 жыл бұрын
Most of the world go through inflation recently, while shrinkflation is silently works its way into my super big Mac, triple cheeseburger, big size French Fries n beef jerky daily.😳😳
@laurarules36422 жыл бұрын
Foods are indeed shrinking but why do things taste so different now to how they did 20 to 30 years ago? I can't think of any products snack wise (junk food and drinks basically) that taste the same.
@samanthahardy990310 ай бұрын
Things taste different because companies change the ingredients. E.g. Ovaltine tastes different now compared to when I was a child because they took out the malt and reduced the sugar.. So now if I want to taste the same Ovaltine I had as a child I buy the cheapest malt drink, add a couple of teaspoons of sugar and a teaspoon of the cheapest hot chocolate.
@xuanxuan232 жыл бұрын
This is the reason why I try to consume food that I can only get in bulk and no package. As this means I’m only paying only for the food.
@Jay-ru2cw2 жыл бұрын
Yes! I recently noticed that the processed sausages that I used to eat when I was younger became thinner… and I thought I remembered wrongly. This video confirmed my suspicion. Thanks team for always coming up with such interesting and insightful content! Looking forward to the next one!
@ylee2472 жыл бұрын
Strangely enough our waistlines continue to expand ...🚼
@rexang33152 жыл бұрын
Must be all the cheap pratas I am having for supper
@professorposh41462 жыл бұрын
Where's the proof?
@amosaiccosmos63022 жыл бұрын
Hahahahaha
@izharfatima52952 жыл бұрын
Well suited title shrinkflation. It stings when the bags/wrappers weight is also substituted to keep the profit margin same but the person at the end gets least out of it.
@M1dKnight1am2 жыл бұрын
Question is, can you sue these big companies? Or at least reduce the pricing for every ounce / grams / kilo they take out?
@maenad12312 жыл бұрын
Nope
@chickeabiddy2 жыл бұрын
Nice.. Steve's show is becoming our version of CBC Marketplace 😄
@garyholt83152 жыл бұрын
that is good. we need more marketplace programs to expose the greed. the government certainly doesn't care about the consumer.
@alvinmah61482 жыл бұрын
Mc Donald’s chicken patties and fish fillet have shrunk too. Shrunk alot
@XxXenosxX2 жыл бұрын
The answer is yes, even down to the size of bagels in stores. Noticed it a huge amount after COVID.
@eleanoraisyah9252 жыл бұрын
I don’t mind they shrink the products but make sure the costs shrink too. Instead we get smaller size with the same price or even higher price.
@Tammissa2 жыл бұрын
This is just the rich getting richer and the consumer suffering the cost. Filling the big companies pockets with more $$.
@caplin2 жыл бұрын
I remember few years back when i was in KL they put price per unit in each price tag. It was easier to compare the price. Now i have to manually check and calculate each one.. 😬
@w2385-i2s2 жыл бұрын
Smaller portion means smaller people. Good for the environment and earth.
@dwichiesa2 жыл бұрын
Am I the only one who always look at the nett weight of an item and divide it with the price? So that you'd get the best deal per gram.
@TemplarLove2 жыл бұрын
I noticed my fav chocolate bars shrink like crazy and now I’m doing it most of the time
@vavaiva40802 жыл бұрын
magnum icecream in my country… the regular and small ones only has little difference 😌
@RainRemnant2 жыл бұрын
This is a bit similar to KZbin cranking up the ads to now every 2 to 3 minutes
@gabevalen49192 жыл бұрын
Shrinkflation inflation been inflated and deflated so much that I wouldn't be surprised when you open a bag of chips you'd get just chip dust
@petersmith20402 жыл бұрын
Shrinkflation happens when manufacturers know that the customers who can’t afford to pay for the higher prices, if they increase their prices, will still be able to afford to buy their products. On the other hand, those who can afford to pay the higher prices will continue to buy their products despite shrinking sizes. It’s a very delicate balancing act to keep their customers.
@franknew90012 жыл бұрын
George Costanza talked about "shrinkage" on an episode of Seinfeld. 😊😊
@antman76732 жыл бұрын
Reversing the trend of unhealthily huge packages of junk food is good in my opinion. But is upsetting in daily use articles. Also this enables steady pricing in all economic scenarios.
@jessedorion97242 жыл бұрын
there is nothing good about it! nothing! it's a scam and everyone should rise up to send them a message!
@kellyprince25522 жыл бұрын
This should be illegal and congress should step in, it's price gouging
@tuapuikia2 жыл бұрын
I would rather pay more than shrink the serving size 😢😢😢
@izharfatima52952 жыл бұрын
Actually, as per the definition of mass production the cost of production varies inversely to the no of commodity manufactured but the game of varying inputs changes the equation.
@plekkchand Жыл бұрын
Above all, insult your customers' intelligence and never be honest to them. Seems like a good plan for social harmony.
@grafito443811 ай бұрын
Supermarkets do the same thing. Sometimes the smaller version of an item is more expensive than the larger version. You have to calculate the price per litre or kilogram and then compare it.
@hweehoonlee64602 жыл бұрын
Sadly, shrinkflation and inflation are both practised for food served in restaurants and hawker stalls. Increase prices and reduce portions at the same time..., kaya toast in Toastbox? Chicken rice(only chicken and rice, no cumcumber slices)? Curry puff? Breadfrom breadtalk?
@michaelh73949 ай бұрын
We understand that companies have 2 choices (charge more or get less). But we also have 2 choices (pay for the item or purchase a different brand). What most people don't understand is the environmental damage being done, because you are purchasing more packages then before. Ice cream was 64oz and now 48oz a reduction of about 25%. before 4 carton = 256oz now 5 cartons = 240oz , Now you need to purchase 1 more package and you are still getting 16oz less.
@kirakowo2 жыл бұрын
because humans feel things logarithmically, (example: a difference between 6 months and 3 months seems huge (3 month diff) but a diff between 12 years and 12 years and 3 months is no longer significant, as the number gets larger, the difference becomes less significant), companies try to play by that rule when decreasing product quantity so that we dont feel it, until it happens over a long period of time and we eventually feel the difference
@thetreasonseason2 жыл бұрын
scheming
@MHSFL2 жыл бұрын
The magnitude of things and it's impact does make a day and night difference at times
@bvdtv123452 жыл бұрын
Good thing he went to that expert to show us the exact same products he did in the previous segment.
@tuinabao4608 Жыл бұрын
CNA can you pls do an updated on food price inflation n shrinkflation across foodcourt, hawker n fast food, restaurant food ? There’s so many complaints in social media of the pathetic portions amidst the lack inflated food prices. It’s a double blow to consumer having to pay more n getting less at the same time 😨
@silverdamascus20235 ай бұрын
In Brazil, there are laws obligating companies to warn customers of the reduction in weight, and changes to their formulas. But after some months, they can remove the warning in the packaging unless they do it again, and in the end, they just need to warn us and we can't do much if we still want their products and their old formulas.
@calvinfoo2 жыл бұрын
The Magnum ice cream now so small. Really not satisfying at all
@bizneat36102 жыл бұрын
I am recently very disappointed upon buying a tin of Julie's choc roll. It now comes in individually packed plastics, plenty of plastics! I just want a tin of densely-packed 750gm full chocolate rolls.
@debwilson52362 жыл бұрын
I love watching the programmes he does really informative and interesting this one is a shocker though,thanks to this young man I check what I buy now
@nela52502 жыл бұрын
This BEEN happening. Consumer ignorance hurts all of us.
@raychuang992211 ай бұрын
shrinkflation and skimpflation has been going for over 20 years ago , like japan for example it's always been like that , some people just don't realize it until now
@junetan1652 жыл бұрын
May I know where can I get the tianma voucher?
@catzhakury2 жыл бұрын
This is happening to Malaysia too... so sad
@IstanbulSanchestivansoon1238 ай бұрын
This happening worldwide
@mcnasty42072 жыл бұрын
Don't forget Lunchables. Soon you will open the package and there will be nothing in there.
@samesamebutnotsame11722 жыл бұрын
Packaging design from industrial engineering course.
@chrono94282 жыл бұрын
You see shrinkflation in properties too.
@ottomantaiga81182 жыл бұрын
But then price increase also :(
@n74wilson33 Жыл бұрын
Here in Canada the sizes are shrinking but the prices are way up.
@christophylax9862 жыл бұрын
Now, travel from store to store to get your best prices. But if you have to drive, add how much it costs to drive from place to place, the add it to your discounted items.. you will find you can't win.
@jahangiribrahimsingapore2 жыл бұрын
Wow I didn't know that....
@user-oy9zy4ds9m Жыл бұрын
The huge dimple on the bottom is the most sneaky and deceptive IMO.
@kohwenxu2 жыл бұрын
At 8:00 They talk about the chips, lowest one being 147g. I have Pringles with 134g net weight. Shrinkflation being pretty bad
@Temptation6662 жыл бұрын
When i was a kid my mother could feed 3 kids and herself on one paket of minced meat. Actually we dont have to go that far back. When my oldest son was smal 30+ years ago i could feed him. my hubby and me two days on the same packet. Back then there was 500gram in each packet. Today there are between 400 and 450g in each. That mean that the familie of 4 no longer can feed the familie on one packet. So they buy 2. Now they got lots of meat and therefor eat more meat per day than we used to do. Not only do the producers and sellers earn more per kg. they also sell more. Smart. Except when they claim to help people eating less, they are in fact doing the exact opposite and making people fatter.
@alexanderi.yudhistira71152 жыл бұрын
SG's version of CBC Marketplace.
@johannlaufenberg97982 жыл бұрын
So after watching this video, I scrolled through Facebook and immediately saw an advertisement for Scott’s TP. It touted how their package had extra while the other brand’s packages were shrinking. This ad targeting is getting a little ridiculous as well as the fact that major companies know more about you then you do yourself.
@deloreswilson17982 жыл бұрын
Yeah,cosmetics have gotten smaller too but cost more.Ladies,this has been going on for a while.They think our brains have shrunk too.But most of us girls notice sneaky stuff like this.You can't get past the average female.Size does matter,in commodities.🤔
@W3S33332 жыл бұрын
I've stopped purchasing Loma Linda "Big" Franks any longer because shrinkflation has turned the name of the product into a GAG. I feel like someone somewhere is wondering how much smaller they can get before they change the name.
@kennethnash5989 ай бұрын
vienna sausages used to completely fill can now they fit loosely.
@cadgamer7 ай бұрын
I wonder if the cola at the budget store contains the same amount of cola as the grocery store. Here in Canada, our equivalent of budget store (dollar store) tend to actually have less product in them compared to the grocery chains. This is actually intended.
@pamelabrandner75322 жыл бұрын
Let's call it what it is deceitful.
@xiaosen232 жыл бұрын
My fav potato chips too :/ lesser weight and increase price -.-''' worst
@kehidupankanada2 жыл бұрын
Scared that we ate food and cannot finish and when someone finds out its wasted -throw then it downsize the product. Im like what?!
@silverdamascus20235 ай бұрын
Much worse than shrinkflation is skimpflation, where companies change their formulas to swap their ingredients with cheaper alternatives, and make their food much worse. I knew that junk food was bad for me, but I kept eating it because it was tasty, simple as that, but then they changed their formulas and many of my favorite junk foods are no longer tasty, perfect opportunity to lose weight.
@silverdamascus20235 ай бұрын
Thankfully, with the sizes and portions shrinking, and the recipes getting changed to use cheaper ingredients, making these foods taste terrible, this is the perfect time to eat healthier and avoid those ultra-processed foods.
@nicolarollinson43812 жыл бұрын
Its better to pay more for the same weight/size because if the weight is less we still pay more because we buy twice to get the same satisfaction
@deloreswilson17982 жыл бұрын
Passing the blame for their unscrupulous activities.Padding their bureaucratic pockets.🤔
@MohdArif-pl3sy2 жыл бұрын
since i buy stuff based on weight not package size, shrinkflation is just another annual event.
@deloreswilson17982 жыл бұрын
That's okay..but the price hasn't SHRUNK!!!!!!!That's what ticks us women off.Dont cheat and rob us!!!!!🤔🤔
@cilaneloke98602 жыл бұрын
When they compare prices between brands, it's not right. Because they forgot the quality difference.
@HelloHaven2 жыл бұрын
I thought they were going to say save money by not buying all this package crap that passes for food.
@wilsontan88832 жыл бұрын
Lay's be like: What even is Shrinkflation, oxygen is better 😃👍🏻
@deloreswilson17982 жыл бұрын
The most expensive things and most of the public's favorites have shrunk.But like I said,the prices haven't.😗
@josephang99272 жыл бұрын
Included Charging cables get shorter and shorter.
@JohnDoe-mf5db Жыл бұрын
We want the uncensored version
@vishwateja2098 Жыл бұрын
worth to watch
@简澜 Жыл бұрын
Tbh I feel smaller portions are better, it’s just the price can’t be that ridiculous
@terence39082 жыл бұрын
wait... so nestle replied about maggi but chose to conveniently ignore the shrinkflation question on milo?