ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

After Shrinkflation, Coca-Cola's New Can Design Sparks Discussion on 'Trickflation'

While trickfaltion is one explanation, there are several more behind Coca-Cola using the taller cans
PUBLISHED APR 10, 2024
 Cans of Coca-Cola are seen on the shelf at Tower Market | Getty Images | Photo by Justin Sullivan
Cans of Coca-Cola are seen on the shelf at Tower Market | Getty Images | Photo by Justin Sullivan

Amid rising costs of living and inflation, several new terms have been coined. Terms like shrinkflation, stipulation, tipflation and more have now become common. Amid this, a Reddit user (@inasimplerhyme) posted on the forum r/mildlyinfuriating about a new term “Trickflation”. The Redditor used the new slim cans of Coca-Cola as an example to explain the term which is for tactics that are used to trick users into paying more for the same product.

A Coca Cola can flattened in the road | Getty Images | Photo by In Pictures Ltd.
A Coca Cola can flattened in the road | Getty Images | Photo by In Pictures Ltd.

The post on Reddit featured images of two cans of Coca-Cola, each boasting 12 ounces of the drink. However, one of them was a wider shorted can which is the old can of Coca-Cola and the other one is the new can which is slimmer and taller. The Redditor claimed that while the shorter one costs $1.06, the new slim version costs upwards of $2.37 despite containing the same amount.

While the sources of the price are questionable, several users expressed their frustration with the so-called “trickflation”. One user (@aplascencia1997) shared a meme of a toddler to explain how Coca-Cola sees its customers and several users picked up on it suggesting that Coca-Cola may have hired marketers and psychologists to come up with the idea.

Image Source: Reddit | r/mildlyinfuriating
Image Source: Reddit | r/mildlyinfuriating

As Redditors expressed their anger over the whopping 123% increase in the price of a can of Coca-Cola, one user (u/Suturb-Seyekcub) suggested people that it is the perfect time to cut the sugary drink out of their life for good. To this, a user (@Healthy-Drink3247) even said that they had already quit soda because it got extremely expensive.

Image Source: Reddit | r/mildlyinfuriating
Image Source: Reddit | r/mildlyinfuriating

One user (@canadasteve04) who tried to point out that it may be just regular old inflation, got schooled. To the comment, one user (@ptvlm) explained that it would have been inflation if nothing changed about the product and the price increased. However, since the company purposefully made the can taller to fool people into thinking they’re getting more, it is ‘trickflation'.

Image Source: Reddit | r/mildlyinfuriating
Image Source: Reddit | r/mildlyinfuriating

Meanwhile, several other users had different explanations for making the cans taller and slimmer. One comment from an engineer stood out as it provided an elaborate scientific explanation behind the taller cans. The user (@Ok-Photojournalist94) explained that the taller cans are less likely to flare out during shipping which is why they are seen more overseas, and they marginally cost less to produce for the company.

Image Source: Reddit | r/midlyinfuriating
Image Source: Reddit | r/midlyinfuriating

The explanation was backed by users from Sweden and Germany who said that the cans had been in their countries for years. They also gave the same reasoning of better packaging and structural integrity behind the cans being taller.

Image Source: Reddit | r/mildlyinfuriating
Image Source: Reddit | r/mildlyinfuriating

This was also backed by a CNN report, which said that slimmer soda cans are gaining in popularity as manufacturers are looking for innovative ways to easily stock (and transport) more products. Thus, the slimmer cans can be better stacked for less space making transport less cumbersome.

A CNBC report also stated that the majority of Coca-Cola markets saw only a 3.5% increase in inflation for their drinks in the final quarter of 2023. Despite this, Coca-Cola’s global sales rose by 7% in the quarter while in North America its volume sales dropped by 1%.

MORE ON MARKET REALIST
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
15 hours ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
20 hours ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
20 hours ago
Members are now required to scan their membership cards simply to get inside a Costco store.
20 hours ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
1 day ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
1 day ago
The city's law dictates that all businesses using such surveillance tech must make it public.
1 day ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
1 day ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
1 day ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
1 day ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
1 day ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
2 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
2 days ago
The contestant took the advice of her man, who was in the studio audience.
2 days ago
Under this scheme, home buyers will have three years to pay the down payment.
2 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
2 days ago
The achievement puts the retailer in a list dominated by tech companies.
2 days ago
Sankar pointed out that there an incredible amount of fear around the AI boom.
2 days ago