New Zealand OUTRAGED With Doubling Prices

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Story Snapshot

  • Cadbury Mini Eggs packaging change sparks backlash in New Zealand.
  • Price of Mini Eggs doubles amid global inflation and shrinkflation.
  • Consumers view changes as betrayal of cultural staple.
  • Cadbury faces backlash for not using Mini Eggs as a loss leader.

Cadbury’s Packaging Change Sparks Outrage

In an unexpected move, Cadbury has altered the packaging of its beloved Mini Eggs in New Zealand, moving from affordable cardboard cartons to smaller, more expensive plastic bags. Priced at $2.30, up from approximately $1, the change has incited public outrage, with many viewing it as a betrayal of a once affordable treat. This modification has become a symbol of the broader economic challenges faced by consumers, exacerbating existing frustrations over inflation and shrinkflation.

This shift also aligns with a broader trend of shrinkflation in the confectionery industry, where product sizes decrease while prices rise. Cadbury, facing a 33% global profit drop due to escalating transport and cocoa costs, has opted for this cost-cutting measure. Unfortunately, this has alienated many loyal customers, who now see Mini Eggs as a luxury rather than an affordable indulgence.

Impact on New Zealand’s Cultural Staple

For years, Cadbury Mini Eggs have been more than just a seasonal treat in New Zealand; they’ve been a cultural staple. Known for their affordability and nostalgia, Mini Eggs have served as a quick comfort at checkout counters. However, the recent changes threaten to erode this cultural icon’s status, transforming it from a staple to a perceived luxury. Consumers have expressed their discontent, with social media amplifying their grievances.

The outrage has been further fueled by comparisons to other global markets, such as the UK, where similar price hikes have been described as “daylight robbery.” This sentiment reflects a growing frustration with the loss of affordable joys amid rising living costs, highlighting a broader societal issue that extends beyond confectionery.

Economic and Industry Implications

Economically, this change represents a broader squeeze on household budgets, as shrinkflation and inflation impact everyday goods. For Cadbury, while the immediate goal may be to recoup losses, the long-term risk includes losing consumer loyalty. As Mini Eggs evolve from a budget-friendly option to a costly one, consumers may shift towards alternatives, damaging Cadbury’s position in the market.

Industry-wide, the implications are clear. The confectionery sector faces intensified price wars, with competitors like Whittaker’s potentially benefiting from Cadbury’s misstep. As the global chocolate crisis continues, this scenario underscores the need for more sustainable pricing strategies that maintain consumer trust while addressing economic realities.

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RIP Cadbury mini eggs – you used to be great

Mini Eggs cheapest price UK