Do you believe that firms should lower the size of their products rather than raise prices?

[Shavkat]

I think it is an option, but the loyal customers will be disappointed. Besides, there are still some factors or processes that they need to consider.

 

[bestwriter]

The disturbing trend is they reduce the size of the product but raise the prices

 

[Ginger]

I don't mind paying more but mostly these companies start adulterating the product just to make profits

 

[MYC]

Both options are not desirable. If I really have to choose, I prefer the business to reduce the size of their products. I can use less.

 

[Cherry123]

No they need to increase the quality and increase the price. I'm a sucker for good quality product no matter the price.

 

[raaman]

No. Already, in India, some soaps are small in size. You want it to go still down?

 

[Shavkat]

No. Already, in India, some soaps are small in size. You want it to go still down?

I am not surprised that most products are reduced its size, especially during and after the pandemic.

 

[raaman]

No they need to increase the quality and increase the price.

Increasing the quality is okay. But, increasing the price is not good because poor people will suffer.

 

[Fidelia]

I think that it is best for a firm to engage with it's customers to find out which approach to take that would suit them. For me, I prefer a rational price increase than a reduction in quantity or quality.

 

[Stardom22]

I think it would sound good when they would reduce the quantity or rather the size of the products and maintain the existing prices.

 

[King Belieal]

I am not in support of reducing quantity. That's the measure that some business firms have taken in my country and it is almost like we are buying empty sachets of products. Marginally increase prices and maintain quantity/ quality.

 

[Cam]

If one or the other has to happen, I'd rather see the price go up. I hate this game of reducing package sizes. Instead you end up having to buy more than one package because there isn't enough product in the one package now.