B2 – Upper Intermediate
During times of inflation, companies usually increase the price of their products, but some don’t. They choose to sell the product at the same price, but with less contents inside of their containers or packaging. This is colloquially known as “shrinkflation”.
This might sound like a normal thing for companies to do, but after the periods of inflation are over, companies typically don’t go back to their old ways.
To find out more, let’s watch this video about shrinkflation.
Discussion Questions:
- What are your thoughts on shrinkflation?
- In the long run, do you think that this practice would be a problem? If so, how could we spread awareness?
- Have you personally experienced shrinkflation? How did you feel about it?
- Are you meticulous/savvy when it comes to the products you buy? What are some things you do to make sure you are getting value for your money?
- Now that you have heard of this practice, would you be a bit more mindful about buying products, their prices and contents? Why or why not?
- What are other ways to help companies deal with inflation without passing the burden to their customers too much?
- How did companies you have worked for in the past try saving money?