Trickflation

Greedy companies have many different ways of gouging consumers.

There's inflation, shrinkflation, skimpflation, and crapflation, to mention a few.

Another one that has come to my attention is trickflation. Or you could call it sneakflation, or shiftyflation. 

You can file all these shady business practices under the overall category of greedflation.

In the example above, different packaging, exactly the same amount of product, and a new much higher price.

They are sneaky, and they hope we won't notice. 

But we are noticing, and we are getting tired of such dishonourable practices.

So tired, that we are quitting buying crappy products for good.

Demand destruction is always a possible outcome for greedy operators. People stop buying from you, and they never come back.

You can trick some of the people for a while, but you risk them finding out and deciding to keep their money in their wallets as a response.

We're not buying anything from dishonest entities.

And that's most of them.

Good riddance. We will do just fine without your trickery, and without your products.

Shrinkflation

Beware of shrinkflation. It typically rides with its partner, inflation.

With inflation, you pay more for the same thing.

Shrinkflation, on the other hand, you pay the same, but get less.

It is not new. 

Products have been shrinking for decades. If you don't recognize that portions have been getting smaller, you may not think you are paying more. 

But you are.

I first noticed it as a kid seeing chocolate bars and other candy getting smaller over the years, while the price either stayed the same or increased.

Over the years I started noticing it everywhere. Hand cream, packaged foods, beverages, toilet paper, ice-cream, all getting smaller while the prices were unchanged.

Many companies have been increasing prices hoping consumers don't notice, or care too much. 

They are wrong. People around the world are noticing that this is a stealthy way of increasing profits - less of the item, the same high price.

The obvious solution, if the items are non-essential, is to quit buying them. 

Goodbye shrinkflation - hello notbuyinganythingflation, a technique that inflates your bank account.

Don't buy their just as expensive smaller products, and save 100%.

Problem solved.