US consumers have been well aware of the 'shrinkflation' phenomenon in recent years, but now there's a new emerging trend: Some of the world's largest packaged goods makers are getting very creative by rebranding existing products for expanding uses, then marked up substantially, and marketed in a way to trick consumers about some new blockbuster innovation. This is happening at a time when consumers are pulling back spending, and the goal of the new sales tactic is to drive more revenue with less.
https://www.zerohedge.com/markets/major-brands-push-upflation-gimmick-drive-sales
https://www.zerohedge.com/markets/major-brands-push-upflation-gimmick-drive-sales
US consumers have been well aware of the 'shrinkflation' phenomenon in recent years, but now there's a new emerging trend: Some of the world's largest packaged goods makers are getting very creative by rebranding existing products for expanding uses, then marked up substantially, and marketed in a way to trick consumers about some new blockbuster innovation. This is happening at a time when consumers are pulling back spending, and the goal of the new sales tactic is to drive more revenue with less.
https://www.zerohedge.com/markets/major-brands-push-upflation-gimmick-drive-sales
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