9 Questions
What should you focus on instead of the total price when shopping?
Unit price
What common signs of shrinkflation should you ignore according to the text?
Family size
What calculation is mentioned to determine the unit price of a product?
Total price / Total units
Why does the text suggest buying in bulk despite the higher up-front cost?
It helps in saving money in the long run
What advice does the text give regarding brand loyalty?
Choose the cheapest option regardless of brand
What is one key reason companies use to justify product downsizing?
Rising transportation costs
What does the text suggest about the price of cocoa in recent years?
The price of cocoa has fallen sharply over the last year.
What does the statement "A lot of shoppers are more sensitive to a price change than to a weight change" suggest?
Shoppers are more likely to notice a change in price than a change in product size.
What is one potential consequence of product downsizing mentioned in the text?
Improved health outcomes for customers
Learn how to make informed buying decisions by focusing on unit prices, being aware of common signs of shrinkflation, and considering bulk purchases. Discover the benefits of ditching brand loyalty and switching to generic products.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
