Same goes for quality. Don't degrade your product. If it gets worse, chances are I won't buy it, no matter for what price you sell it.
If you instead keep the quality and increase the price then I might be willing to pay up just to enjoy my favourite brand of crisps.
That said, it is probably better for me that a regular sized bag of cripsps is now 175g instead of 200g.
There was a joke in eastern europe (after the berlin wall fell, and all kinds of fraud and high inflation were happening) - The average price of a liter of gasoline fell by 4% last month, the average volume of liter of gasoline fell by 7% ...
Completely agree: recently I wanted some peppermints, and I noticed the sugar had been replaced by "glucose syrup".
I didn't buy them, and I've done this for other products.
Are companies losing sales, which will make them "degrade their product" more as their revenues decline, which will lose sales, and so-on?
Yes! Which is why we'll market it as New Slurm. Then, when everyone hates it, we'll bring back Slurm Classic, and make billions!
Most people, most times, can’t tell