Y’all, remember this is sugar water and even at $1.06 there’s a significant profit margin.
Is not even sugar water, it’s corn tea with artificial flavors and colors.
Depends on the country. Corn syrup in everything is a distinctly American phenomenon
If you look at the picture you might be able to tell where it was taken. There are some pretty good hints.
Yeah, it certainly doesn’t seem like their production costs would increase much from inflation…
They don’t increase from inflation. The price increase is inflation and I think it’s an important distinction to make.
Drinking a Coke in 5 years:
Soda is such a fucking profitable scam because it’s mostly water and that resource is mostly free. The syrup and carbonation should be pennies compared to what it actually sells for.
Water is far from “mostly free”, especially at the amounts used by soda makers
Don’t know the situation in america so what you say may be true, but on some countries (developing ones where the power of the state is diminished) water is not free for everybody else, but multinational corporations get almost unlimited use concessions for their bottlers for a laughably low fee if any, drying out the area and sometimes literally leaving towns or regions with no public water left for other uses, forcing the people to have to pay for other sources. I don’t live in a place in that situation yet, but some other regions in my country are going exactly through that. In some cases, those beverages are for the american market.
It probably not that cheap anywhere in the U.S., but on the other hand, they probably get enough tax breaks to make up for it.
Here in Germany they can extract millions of liters for a symbolic euro, that is basically free and also far from a third world country. Coke has enough power to get through with this.
It’s usually very small, but here, prices must also show how much 100g/100ml of something costs
Where is “here” approximately?
In the U.S. retailers are notorious for having the “unit” price of similar items being listed as (for example) $1.57/oz in one case and $2.23/count in another.
Exactly this, they will put $/oz next to $/unit next to $/lb. It’s infuriating but I still take the time to do the math.
EU has a directive about it. Prices must be shown in the proper unit, including all taxes and any “before” price if it’s on “sale”.
Do they happen to make this kind of sales, too?
I once had a chance to tell our local pub that their Chinese New Year sale sign is incorrect. They decided to put the sign in Chinese but got confused over how the discount is written in Chinese, so they wrote a price of +50% instead of -15%.
but why?
In Chinese the sale price is stated as the remaining part of the original, and it is written in tens of percents (折), so the full price is 10折, and 15% discount is 8.5折, but they had a sign of 15折. Google translate seems to think 15折 = 8.5折 but I would guess that it’s just AI outsmarting itself again. Now, a real person would probably be able to guess what was meant anyway, but it’s nice to write things correctly and not rely on guesswork
The specific rules are implemented in local laws, so it probably varies a bit from country to country, but generally it’s illegal to market something as a special offer unless it actually is cheaper than before. The sign says “save more”, which would be misleading marketing.
There are other ways to work around it though. For instance by alternating between two similar products biweekly, or simply by not having that specific product before Black Friday, making it appear like a special offer even if it’s sold at full price.
Thanks for the info, I will now know of more schemes to try to avoid.
At least in California in grocery stores they always have a per weight tag too. Problem is that it’s not always the same weight…
California also has the benefit of being able to choose the more
confusingconvenient unit, i.e. showing price in $/ounce, $/lb, $/kg, k$/stone, ounces of gold/handful, etc.
Not sure where that commenter is from, but it’s the case for Germany. Pretty useful to compare
Well, since my instance is local I can just as well say that it’s Switzerland. Apparently it’s mandatory to label proces in a specific way. So far, I’ve never encountered the case that I wasn’t able to compare those prices between products of the same category.
Then you get shops like M&S where all the expensive varieties of (for example) tomato are £/kg and the cheap ones are £/unit so you can’t see the big price gap.
Nah, in places where you’re obliged to put the price/kg on display that would be illegal. But writing a price per unit in LARGE font and adding a really small price per kilo would be a legal, albeit shitty, move
FML, apparently it’s optional 🙄
It still happens in Scandinavia where these laws exist, with e.g. toilet paper, where some are listed per kg, some per roll, and others per meter.
They are missing a chance to also sell per m2 and per cm3
That’s a 2.24x price increase. That’s even beyond Argentina-hyperinflation levels of increase. Are we sure this is an apples-to-apples comparison? Like, was there a sale or bulk discount that made the shorter can relatively cheaper? I’m struggling to believe a retailer would engage in such a brazen markup in a single week. (Not to say it’s not possible, but it’s extreme enough that I’m not taking the word of some random hand-written graphic on the Internet.)
I mean… I’ll regularly go to the grocery store and see soda prices vary by 200-300% week-to-week. Sure, it’s all based around “sale” value, but it amounts to the same thing. If it’s $9 for 2 12-packs one week and then $11 for a 12-pack the next week, it isn’t an invalid markup because you had to buy 2 to get the first price.
It’s not an apples to apples comparison. This was a reddit post made by someone who went out of their way to buy things for different amounts to make ragebait.
It’s a dumb post and it is safe to ignore it. Sadly someone reposted it here.
It probably costs more to distribute the new can shape since our entire civilization’s can infrastructure is built around a standard can.
I’m more inclined to blame the manufacturer for the price increase (in this case Coke) as opposed to the retailer. Especially in this case, I kinda doubt a company as large as Coke would allow retailers to stray from the price they want by more that a few cents.
Fuck corporations but I don’t believe this for a second. People are just making this shit up now. Some dude scribbles some prices on a piece of paper and this whole website loses its mind.
This is testable. Go to the grocery store. Buy staple goods. Keep receipt. Buy the same products the next week.
Why not post with the receipts instead of marker?
I was going to say… who the fuck was paying $1.06/can for Coke to begin with? Hell, I saw one of those 32oz Big Gulp cups selling for $4 less than a week ago.
This all just looks made up and hysterical, because Americans cannot handle not having their sugary treats.
500 mL,1 L, and 2 L of Coke all cost $3 here.
which is how they get you to drink MORE coke
Not from the US, Coke was always around 1.05 - 1.20 USD where I lived in the early 2010s. Haven’t been drinking too much of it since then so IDK. But Coke is irrationally cheap in the US apparently. Or it’s just the old before/after taxes shenanigans again?
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Dumbflation.
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Maybe you want to have a cup of tea instead? Way more cheap and healthy. Or buy some off-brand soda. It is just as much garbage as coca cola but at least it’s cheap.
Coca cola is a little below 3€ a bottle (1.5l if i’m not mistaken) house brand is what the price should be at most: 0.89€.
Or just water.
Yes, of course. Preferably tap water.
In America? Maybe not the best idea. Especially if you’re in, say, Jackson, Mississippi.
https://www.pbs.org/newshour/nation/in-jackson-the-tap-water-is-back-but-the-crisis-remains
Ok, in some places you might want one of those bubblers at home, I guess.
What’s the point of this comment? 99% of counties in the US have safe drinking water and the few that don’t get called out for it like this. This is probably a better situation than most countries - including yours
You may want to dig into the stat some more to get a handle on how bad the situation really is.
Where did you get that 99% figure from? Because I suspect you made it up.
Especially since:
One-fourth of Americans currently receive water from a source that violates the Environmental Protection Agency’s (EPA’s) Safe Drinking Water Act.
More information:
And then there are the substances which municipal water supplies don’t even need to get out of their water-
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I’m pretty sure that wasn’t my point what with my link being about tap water. The thing the person I was replying to was talking about.
What? No no no. Clearly soda is the healthy option. You can never be too cautious.
Got it. You’re totally ignoring my point that water straight from the tap is too unsafe to drink in multiple U.S. municipalities and are just trolling. Have fun with that.
I just need a sugar delivery medium. Preferably one that is socially acceptable.
Have you considered eating?
I agree soda dependence isn’t a good thing, but there’s not much evidence diet soda is any less healthy than tea.
Diet soda contains sweeteners that are suspected to cause cancer. Granted, you’d have to drink a couple of liters of diet soda a day before you need to be seriously concerned, but tea has one big advantage: It contains as much sugar or sweeteners as you add to it, so there’s that.
Wait a minute are you telling me that their isn’t a sugar fairy dumping copious amounts of sugar into my tea when I turn around?!?
Please tell me it ain’t so. Then I might actually have to take accountability for my actions and I can’t do that.
That particular fairy must be employed by the dentists’ lobby, I guess 😂
suspected to cause cancer
Except there’s been a ton of reasearch on it and the best/worst they can come up with is “results are inconclusive”.
I am not discussing if soda of any kind is more unhealthy than tea or not. You can drink as much soda as you want. Just don’t bullshit yourself or anybody else. You only have one argument: “I like soda, don’t take away my soda from me.” It is not a good argument but it is all you’ve got.
What a weird response to that….
Always purchase by volume/weight, not container
do other countries not have comparative price? here in sweden that’s listed right under the absolute price, e.g. a bottle of soda might cost 2 bucks and the comparative cost is 1.8$ per liter.
my dad drives me mad because he utterly ignores that and instead manually tries to estimate the comparative price, it’s baffling
I’m in the US where it’s not mandatory. It’s up to the consumer to do the math, just like sales tax.
It’s not always an available option. If an ink maker deprecates old containers and starts selling smaller ones for almost the same price you can’t just buy something else if you need consistency. Coca-Cola probably thinks that you can’t just replace Coca-Cola®™© with substitutes and I know some people would agree
Well, I meant within brands. Drug packages are the worst. I’ve seen two boxes of the same drug side by side and the smaller box had more tablets. That is to say, containers can be deceptive. Look at the volume and weight of the product.
Have yet to see those, but I met packaging for 1 (yes, one) capsule that was about half of a phone size, looked like the usual package for 20 something tablets. In this case it could be a matter of standard package though
But then there’s Velaxin that was cheaper in 20×75mg pack then 20×32.5mg, and this I cannot understand ¯\_(ツ)_/¯
I saw one of those thin cans the other day and thought, “that’s a weird can shape, I don’t know why someone would buy that.”
Now it makes sense.
Edit: Also, I forgot about this- https://moneynotmoney.com/historical-price-of-coca-cola-in-united-states/
Worked for Virginia Slims and other brands.
Remember the connotation was slim cigarette, slim figure. I imagine the same psychological trick is at play with the slim can.
One advantage of the tall narrow 12oz cans is they take up less horizontal space in the refrigerator
One disadvantage is that they’re harder to stack
Another advantage is that they take up less horizontal space in the refrigerator.
Sure, but one disadvantage is they’re harder to stack.
Another disadvantage is they tip more easily if set down on an uneven surface or whacked by the dog’s tail
The biggest absolute price decrease in the price of 2 liters of coca-cola was in 2015, when the price dropped by $-1.79, or -100%.
Coke was free in 2015? Or is there a script filing is these paragraphs and it’s counting missed data points as zero?
Lmfao I think it’s AI garbage
It dropped by -1.79 which means it became 1.79 more expensive.
AI is amazing lol
They don’t fit in my mini fridge like normal cans do either
Interesting website.
At least it’s still original taste …
What are you doing step inflation!?
We’ve had these types of cans for years and years and years where I’m from, but they were expensive before the switch too.
This must be that soft landing 3% inflation I’ve been hearing all about.
The great thing is you don’t need it.
Better off without it
