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
Andrew Crapuchettes advises American workers to stay AI-enabled to face a tighter job market situation.
1 day ago
There were a total of 48,307 layoffs in February, down 55% from January.
2 days ago
There could even be a situation in which one may have to give away half of it as income tax.
2 days ago
The company even went as far as to make fun of McDonald's to promote their post.
2 days ago
The contestant was dealt a rather easy hand, and she took full advantage of it.
2 days ago
The survey found the tariffs were a 'financial challenge' for four out of 10 small businesses.
2 days ago
There are a number of reasons for this, but some are not complying with federal and state laws.
2 days ago
The X boss recently praised Grok for helping a woman get a higher refund.
2 days ago
The affected product was sold nationwide and contains undeclared wheat and soy.
3 days ago
The likes of Subway, Burger King, and Wendy's all joined in on the action.
3 days ago
While the president touted the tariffs as an economic weapon, numbers show they only hurt Americans
3 days ago
The decision was taken to prevent people from disturbing the peace of others in the plane.
3 days ago
Those who might have purchased the affected products must throw them away or ask for a refund.
3 days ago
“It can help ensure that items shifted on the shelf during busy shopping periods are accurately reflected in the inventory systems," Walmart stated.
3 days ago
The investment bank did not point its finger at AI as the reason for the mass dismissals.
3 days ago
Education, health services, and construction led hiring while other sectors saw weaker growth.
3 days ago
If it's a mansion, then it should have parking, right? Steve Harvey thinks so too.
4 days ago
Karla Lance, a school teacher, took home a huge haul from the 'Price is Right' because her husband is a wise man.
4 days ago
48% of small and medium-sized businesses (SMBs) are expected to raise prices during the next six months, up from 36% the year before.
4 days ago
Economists warn that taxpayers will be burdened with $20 million per day in interest for tariff refund delays
4 days ago