- By the time mainstream media pick up the problem the damage has been done…
- Consumers' criticise-praise ratio remains 10-1, when 'telling a friend'
- Never underestimate the consumer's ability to spot a downsize of a regular purchase
- 'Healthy eating' Telling them that content-reduction without price reduction is in the interest of healthier eating insults the intelligence of a savvy consumer, and can alienate the junk-food shopper...
- Consumer need: Telling the consumer that 'content reduction without price reduction' meets their need ignores the fact that a given-quantity-for-a-given-price represents the consumer's view of 'value for money'. Anything less for the same price, especially without explanation, can represent 'short-changing'...
- Consumers do not distinguish between imported vs. locally produced goods, unless importation is offered as a cause of higher prices...
- Perception, rather than fact remains a major driver of purchasing, especially in FMCG marketing
- When an explanation is required (like from day one), why not refer to the fact that 4 years of rising costs without a shelf-price increase has forced suppliers to reduce pack size to maintain shelf prices?
Thursday, 22 October 2009
Pack size reductions and the consumer, the short-change perception….
Recent press reports re pack-size reductions whilst maintaining shelf-prices raises several issues:
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