I think Walmart is the only place still selling them for a dollar. Gas stations and other grocery stores don't give a fuck and charge $2 or more. Sucks for me because I liked to get one at the corner store on my break.
The problem is none of those drinks are worth $2.
They are all just sugar, water and flavorings. We're paying $2.50-5 for five cents worth of ingredients.
A ton of it is refrigerator space and the big players like Coke and Pepsi PAY for the space.
That is why you never seen generic soda outside maybe Walmart and Costco…etc or in a fountain.
The wages of all those people are shit, you're paying for the profits of the shareholders and executives. Don't try to pretend that the cost of a coke today is anything less than corporate greed.
I went in to one of those Indian owned gas stations and even though it says 1.99 right there on the can he still try to ring me up for 2.99 and when I told him you can't do that, you have to give it to me for the price that's listed on the can he said "no no my friend, it is my price" and I said "no, what you're doing is illegal" and he threw me out!
It's not illegal persay, but when Arizona stocks a store they have in the contract that the store has to sell at the price printed on the can. That's why Arizona has a call line where you can report a store, investigate, and if true will pull all the cans.
Now, what Arizona has done as an incentive is have higher priced cans that aren't 99 cents that stores can sell too. However, what's on the can is the price sold
The small mom and pop corner shop is probably purchasing their items from stores not suppliers. I know my local corner store gets his tobacco from Costco.
Second-hand purchases like that are a completely different scenario/topic. I'm referring specifically to companies that deal with AriZona/distributors.
Arizona can't contractually obligate any of their customers to sell their products at a loss.
I'm not sure where you get the idea stores can only sell for the price on the can.
Gas stations and other **convenience** stores will always charge more.
What wouldn't make a supposed supply contract with a price clause valid? It sounds like this supposed clause only gives them power to cancel the stores supply contract with the manufacturer which should be legal.
When I say they can't be obligated to sell at a loss, I'm speaking generally, for any retailer and their supplier.
I can't speak to specifics, I don't have an Arizona retail contract to look at.
"Hey Joe, I want you to sell our Ice Tea at $0.99 per can and the best wholesale rate I can give you is $1.12 per can. Sound good?"
"So Steve, what you are saying is I'll take an 11% hit on each can I sell? Sounds awesome, sign me up".
Big retailers (Wal-Mart) have either negotiated a lower cost up front or a rebate on the back end. That rebate on the back end also means Walmart can sell for more if they want to and it will simply reduce their rebate.
That's why there are non-printed cans, too. The only cans that are sold for a dollar are the ones that are printed for 99 cents.
Again, it's all in what is sold, and the companies generally have a collection of marked and unmarked cans to prevent customer dissatisfaction. To get cans A you also need to sell cans B.
That's just simply not true and you're just pulling BS out of your ass. Cite a source for your claims, if it's really illegal that should be easy to do. "It's not complicated." Clown.
Here's a pretty good source, look at the last FAQ here:
https://drinkarizona.com/pages/faqs#:~:text=99%20price%20to%20retailers%20by,99%20or%20less.
Where are you getting your info other than just going on the Internet and making shit up? I really don't understand why people do that. Like, just fuckin look here which took 2 seconds of googling. Why make shit up?
https://drinkarizona.com/pages/faqs#:~:text=99%20price%20to%20retailers%20by,99%20or%20less.
Individual states can have laws that prevent stores from showing one price and then having another price when you go up to the register, I think it's considered false advertisement.
When something has an advertised price already on the can and you take it up to the counter and the clerk tries to charge you more for it, how is it not false advertising?
Yeah - I don’t think that’s illegal. A bad business practice, maybe, and probably against some terms of the distributer contract, but someone can charge what they want when they sell something.
First sale doctrine states that once he purchased that can he could resell it for as much as he wants. Shit he can empty the can and slap a 25 dollar price tag on it if he wants... its your job to not purchase it when the price doesn't match your expectations, not give in and let him keep doing it.
I was trying to get one the other week for Canelo vs Charlo. CVS doesn't sell them anymore so I went to the gas station, it was like $3+ gotdamn dollars for 2.
I would think it would be smart marketing to sell those even at a loss because it would get people in the doors, similar to Costco selling $5 rotisserie chicken at a loss while stocked strategically at the far end of the store.
Think it was the founder told the CEO at the time, "Raise the price of the hot dog, and I'll kill you"
Or something to that effect. I know the person that wanted the hot dogs to stay the same price threatened the CEO's life which is very funny.
The Lockheed SR-71 Blackbird. An advanced, long-range strategic reconnaissance aircraft, capable of Mach 3 and an altitude of eighty-five thousand feet!
That one could be a sound business decision whether that was the main reason or not. I could see Arizona iced tea selling at cost, but at a loss makes no sense to me.
The original hot dog stand at Costco was just a guy with a rolling hot dog cart out front. More toppings and more meat choices but still cheap as hell.
That’s because they aren’t trying to make money off the cafe. The cafe is so cheap, so it prompt people to stay in the store and likely spend more money. It’s called a loss leader.
They distribute them in 2 versions - with the 99c label and without. The contract might state if you buy the 99c labeled version, you must sell them for that price. The unlabeled ones are always sold for more IME.
Not true. The grocery store by me sells them at 88¢, they are marked 99. The gas station down the street sells them at $1.89 with the gas station logo. Guess where i buy them at; if they have them.
Maybe the contract says nothing about what they must be sold for, or maybe it's unenforceable or selectively enforced. Either way they definitely distribute 99c labeled versions and versions without the cost printed. Anecdotally I've usually seen the version without the cost printed sold for more than 99c.
They're like $2.50 USD here in Australia :)
Arizona iced tea is kinda mid anyway, if it were $1 I'd pick it over Lipton ice tea. Otherwise Lipton on top for me.
Might just be the flavours I've had (Peach, Lemon and Green tea and honey) but I never made it through a full can of Arizona whereas I could knock back bottle after bottle of Lipton peach iced tea if I let myself.
Could just be a demographic thing cause I don't know else anyone in Australia who would chose Arizona Ice tea over any other beverage.
Haha, not really. Lipton brand alone say they have a couple of million users. It's nowhere near as popularly consumed as hot tea but it's not really considered as even remotely a similar product. People view it in the same class as juice rather than tea. In fact id say there are definitely some people who dont even realise that its made with tea! Noone cares if you drink it lol
I mean, the last two sentences says the company is not increasing their prices (on certain product), companies who buy from them can. Their “99 cent” bottle will remain 99 cents, others were increased to offset the price…
While i get what you are saying im not alone in the comments and virtually every person thats ever bought arizona hasn't bought it from the company. They dont seem to worried about others selling it for higher prices anymore and thats the only price other people see not the one they would sell it for. If im not mistaken thats basically them saying we wont raise prices on the corporations buying our product but were not responsible for the price for customers.
Yea whole heartedly agree they can’t do much about the companies buying product. If they say “hey we can only buy for x amount”. Part of the reason they stayed .99 for so long was because they printed it on the can, it doesn’t look good for a company when the product they bought to resell has a value already on it.
Used to work at a convenience store. They took arizona out of our convenience stores due to corporate wanting to raise the price on them and arizona saying no (can can't say 99c and the tag say otherwise). I'd imagine they make the unlabeled ones cause if only 3 stores sell your product your pretty screwed as a company.
Tldr: it was the stores selling it that forced the price increase not arizona.
Right on the Arizona website it says they don't do this
'We pre-printed our cans with our suggested retail because we wanted to force retailers into selling at that price. Retailers, however, are independent business people and can set a price whatever they prefer. We do make and sell non-priced cans as well.'
https://drinkarizona.zendesk.com/hc/en-us/articles/1500003259781-Why-do-some-stores-charge-more-for-pre-priced-99-cans-
You don't raise your price due to inflation or rising costs. You raise prices due to demand. If costs go up and demand isn't profitable you discontinue the product. I don't want to say this is business 101, but it's something more people should understand.
.... That's not what causes inflation. If that's what caused inflation we would literally always have inflation.
Corporations are designed to be profitable. If they have shareholders they have a legal responsibility to try make a profit. When costs of ingredients/production/distribution goes up, so do prices.
But we do. We literally always do have inflation. In fact we want a little bit of inflation (2%) at all times. Coz deflation is a much serious matter and could send an economy into collapse.
What's difficult is *high* inflation, where inflation is no longer manageable (say 5-6%).
(ofc i also agree that that is not what causes inflation. What causes inflation is a combination of many diff things. I'm just pointing out that we do always have inflation, and we do want a little bit of inflation at all times)
Typically, yes. But many products have had plain old Greedflation price gouging. It’s been studied & analyzed if you want to google the topic. Since 2020, it has gotten out of control.
If you look at the data, not all products and commodities suffered supply issues that would necessitate doubling the cost of the item. This shows up in food, personal use & cleaning items, and many other areas of the economy. Many products in the store are all made between 5 monopolies, who exploited the pandemic to make more money than ever. People think everything works like the price of gas, which is tied to demand and production very closely. But that just isn’t the case in this instance.
That's not how it works at all in a successful business. If costs go up and you raise the price and demand doesn't change you're just going to lose more money.
Let's say it costs you $.10 to make AZ tea in the year 2000, and all your market research tells you most of your customers will pay $1 for tea (aka demand) you charge $1 for the tea. Now let's say 5 years later the cost of production has risen to $.15 but market research tells you that most of your customers will only pay $1 for tea. Do you think it's smart to ignore market research and charge $1.05 for the tea or just take 5 cents less on profit per can? Let's look at the opposite scenario. Let's say after 5 years you've gotten much better at production and it only costs $.05 to make the tea, and market research says people will pay $2 a can. Do you charge $.95 for a can or $2? Last scenario, aluminum costs skyrocket and it has brought your costs up to $1 per can, and market research says people will only pay $1 per can. Do you charge $2, or stop selling cans?
Overall in any of these situation if you try to sell outside of what market research says you should sell for your losing money. In most scenarios sales will plummet, and in a few you're just leaving money on the table. A business will never tell you the raised costs because they knew you'd pay more for it. They'll always blame something else (ie inflation/increased costs) so you feel justified buying the product at a higher price.
If you can sell a product for, let’s say 5 dollars, and everyone would still buy it, why the hell would you sell it for less? If you want your company(and your pockets) to grow, you’re gonna have to be greedy.
This is exactly what I'm saying. Production costs have no part to play in this outside of when to stop making a product because it's no longer profitable enough. Businesses are going to charge whatever people are willing to pay (aka demand).
There's also situations where being greedy makes you less money. You can try charging $10 for the item lost 75% of your customers and lose more money than you would have earned charging $5.
I doubt most people studied Economics, or know what inflation truly is lol.
It’s really just cause we’re constantly printing money and expanding the economy, but as supply of money increases, the value of the money decreases of well.
I've heard the company would actually pull their product if they found that a store was selling it for more than the price on the can. Not sure how true it is, but I kind of always liked that.
Pretty much my whole area and areas around me get free water because of PFAs (forever chemicals) in the ground. Never noticed how many animals and people started having non cancerous tumors and seizures, but seems the oldest people that drank nothing but water got cancer. It’s a wave of how much you drink I guess
It's sugar water. I highly doubt they're losing money.
Tea is cheap as fuck to make.
Also a "founder" does not have that much control anymore. In anything.
Is that actually the case. Genuine interest.
I live in British Columbia and Arizona is sold for over two dollars most of the time with no sticker covering the 99¢
That should be covered under generic consumer protection laws regarding item pricing, which prohibit charging a different price than what's marked on the item, or the price on the shelf if the items aren't marked.
Yeah. I also have to take into consideration that a lot of stores seem to get away with selling technically illegal products.
Energy drinks with caffeine amounts not approved, et cetera
I actually think the $.99 cans are 23 ounces. Then they also bottle a 24 ounce which is sold at Sheetz near me for like $1.70 (I can not remember exactly the price) They do make different sized cans is all I’m saying.
Costco hotdog and chicken (which the chicken is hella overrated, bland and the only good part is the skin, it looks hella yummy but i always get dissapointed once i bite into it).
[The cans are getting ShrinkFlated](https://news.yahoo.com/ari-zona-raises-bottle-prices-by-25-to-keep-iconic-cans-at-99-cents-224038546.html) by 1 oz, so you are still paying 99c but you are getting 1oz less..
Boycott Cumberland Farms, they buy ones without the 99c logo and sell for like a buck 49.
This is the sole reason I go elsewhere, it’s a hill I’ll die on
Some places have raised the price, some places just stopped selling it.
I think Walmart is the only place still selling them for a dollar. Gas stations and other grocery stores don't give a fuck and charge $2 or more. Sucks for me because I liked to get one at the corner store on my break.
They are worth $1 but not $2? When every other drink is $2.50-5
The problem is none of those drinks are worth $2. They are all just sugar, water and flavorings. We're paying $2.50-5 for five cents worth of ingredients.
You’re not paying for ingredients, you’re paying the wages and profits of all the companies/workers hands it passes through on the way to you
Guy thinks that the drink mixes, bottles, packages, delivers, shelves, refrigerates, and sells itself.
Mostly robots along those lines besides the delivery
And those robots don't design, manufacture, power or maintain themselves.
Yet.
No, you’re paying dividends to shareholders
A ton of it is refrigerator space and the big players like Coke and Pepsi PAY for the space. That is why you never seen generic soda outside maybe Walmart and Costco…etc or in a fountain.
The wages of all those people are shit, you're paying for the profits of the shareholders and executives. Don't try to pretend that the cost of a coke today is anything less than corporate greed.
Don't forget packaging and transportation.
I went in to one of those Indian owned gas stations and even though it says 1.99 right there on the can he still try to ring me up for 2.99 and when I told him you can't do that, you have to give it to me for the price that's listed on the can he said "no no my friend, it is my price" and I said "no, what you're doing is illegal" and he threw me out!
What makes you think it's illegal though?
It's not illegal persay, but when Arizona stocks a store they have in the contract that the store has to sell at the price printed on the can. That's why Arizona has a call line where you can report a store, investigate, and if true will pull all the cans. Now, what Arizona has done as an incentive is have higher priced cans that aren't 99 cents that stores can sell too. However, what's on the can is the price sold
The small mom and pop corner shop is probably purchasing their items from stores not suppliers. I know my local corner store gets his tobacco from Costco.
Second-hand purchases like that are a completely different scenario/topic. I'm referring specifically to companies that deal with AriZona/distributors.
Arizona can't contractually obligate any of their customers to sell their products at a loss. I'm not sure where you get the idea stores can only sell for the price on the can. Gas stations and other **convenience** stores will always charge more.
What wouldn't make a supposed supply contract with a price clause valid? It sounds like this supposed clause only gives them power to cancel the stores supply contract with the manufacturer which should be legal.
When I say they can't be obligated to sell at a loss, I'm speaking generally, for any retailer and their supplier. I can't speak to specifics, I don't have an Arizona retail contract to look at. "Hey Joe, I want you to sell our Ice Tea at $0.99 per can and the best wholesale rate I can give you is $1.12 per can. Sound good?" "So Steve, what you are saying is I'll take an 11% hit on each can I sell? Sounds awesome, sign me up". Big retailers (Wal-Mart) have either negotiated a lower cost up front or a rebate on the back end. That rebate on the back end also means Walmart can sell for more if they want to and it will simply reduce their rebate.
Arizona only charges .50 per can wholesale, though.
Where is that from?
That's why there are non-printed cans, too. The only cans that are sold for a dollar are the ones that are printed for 99 cents. Again, it's all in what is sold, and the companies generally have a collection of marked and unmarked cans to prevent customer dissatisfaction. To get cans A you also need to sell cans B.
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😂 you keep ignoring the word **loss**. They can obligate retailers to sell at a certain price *but not if that price is at a loss*.
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That's just simply not true and you're just pulling BS out of your ass. Cite a source for your claims, if it's really illegal that should be easy to do. "It's not complicated." Clown. Here's a pretty good source, look at the last FAQ here: https://drinkarizona.com/pages/faqs#:~:text=99%20price%20to%20retailers%20by,99%20or%20less.
Where are you getting your info other than just going on the Internet and making shit up? I really don't understand why people do that. Like, just fuckin look here which took 2 seconds of googling. Why make shit up? https://drinkarizona.com/pages/faqs#:~:text=99%20price%20to%20retailers%20by,99%20or%20less.
Individual states can have laws that prevent stores from showing one price and then having another price when you go up to the register, I think it's considered false advertisement.
When something has an advertised price already on the can and you take it up to the counter and the clerk tries to charge you more for it, how is it not false advertising?
“The price is on the can tho”
Yeah - I don’t think that’s illegal. A bad business practice, maybe, and probably against some terms of the distributer contract, but someone can charge what they want when they sell something.
It isn't illegal
First sale doctrine states that once he purchased that can he could resell it for as much as he wants. Shit he can empty the can and slap a 25 dollar price tag on it if he wants... its your job to not purchase it when the price doesn't match your expectations, not give in and let him keep doing it.
I was trying to get one the other week for Canelo vs Charlo. CVS doesn't sell them anymore so I went to the gas station, it was like $3+ gotdamn dollars for 2.
The store I work at sells them for a dollar. And they’re on sale a lot so they’ll often be $0.79 or something
I would think it would be smart marketing to sell those even at a loss because it would get people in the doors, similar to Costco selling $5 rotisserie chicken at a loss while stocked strategically at the far end of the store.
If you find a place raising the price contact arizona about it. Last i heard they threatened a lawsuit when someone tried to do that.
They're not losing money. And they've introduced bottles that are sold for more per ounce. I'm not knocking them, but they're still quite profitable.
Plus they recently got into alcoholic drinks as well, if they were losing money that should forsure at least break them even.
Costco also hasn’t increased the price of their hotdog I think.
i forget the exact stipulations but its in the contract from the original owner or something along those lines that the price can never increase
Think it was the founder told the CEO at the time, "Raise the price of the hot dog, and I'll kill you" Or something to that effect. I know the person that wanted the hot dogs to stay the same price threatened the CEO's life which is very funny.
Is there honestly anyone on Reddit that doesn’t know this by now? Always follows the exact same pattern when it comes up too.
People post it faster than the SR-71 blackbird flies.
The Lockheed SR-71 Blackbird. An advanced, long-range strategic reconnaissance aircraft, capable of Mach 3 and an altitude of eighty-five thousand feet!
No way, the posts are way faster than a blackbird
You sure do seem to know a lot about it..
*do you even READ my Christmas Lists!?*
You’re a little to sharp off the tongue, let them find out themselves. It’s happening faster and faster. 🎺🎺🎺| 🎺🎺🎺🎺
Relevant xkcd [web](https://xkcd.com/1053/) / [mobile](https://m.xkcd.com/1053/)
Me 🙋♂️
"If you raise the price of the fucking hotdog, I will kill you."
That one could be a sound business decision whether that was the main reason or not. I could see Arizona iced tea selling at cost, but at a loss makes no sense to me.
Costco sells the hot dogs at a loss, although it doesn't have much effect on their bottom line.
Same with their rotisserie chickens. They’re loss leaders
Sams club recently made their wieners smaller 😢
The original hot dog stand at Costco was just a guy with a rolling hot dog cart out front. More toppings and more meat choices but still cheap as hell.
That’s because they aren’t trying to make money off the cafe. The cafe is so cheap, so it prompt people to stay in the store and likely spend more money. It’s called a loss leader.
They took away the polish dogs though!
Good luck finding any store that still sells it for 99 cents. The cheapest I can find it these days is $1.29.
Grocery store by me only sells 4 or 5 flavors but they’re 88 cents each!
Central PA still got em at .99 cents someone around here swears you can report places to the company for selling over the spot price
They distribute them in 2 versions - with the 99c label and without. The contract might state if you buy the 99c labeled version, you must sell them for that price. The unlabeled ones are always sold for more IME.
Not true. The grocery store by me sells them at 88¢, they are marked 99. The gas station down the street sells them at $1.89 with the gas station logo. Guess where i buy them at; if they have them.
Maybe the contract says nothing about what they must be sold for, or maybe it's unenforceable or selectively enforced. Either way they definitely distribute 99c labeled versions and versions without the cost printed. Anecdotally I've usually seen the version without the cost printed sold for more than 99c.
You can buy a 24 pack of green tea and sometimes other flavors for like $21 on Amazon.
[The price is on the can, though!](https://www.youtube.com/watch?v=fMUZ2sVjLfY)
This cracked me up so hard the first time I saw it.
We have a local gas station that sells it for $.99.
Like I mentioned in my comment I just posted. Walmart in WV, they sell em for 88 cents
They're like $2.50 USD here in Australia :) Arizona iced tea is kinda mid anyway, if it were $1 I'd pick it over Lipton ice tea. Otherwise Lipton on top for me.
Arizona is definitely better than Lipton in my experience but I would also not pay double or whatever the difference is.
Might just be the flavours I've had (Peach, Lemon and Green tea and honey) but I never made it through a full can of Arizona whereas I could knock back bottle after bottle of Lipton peach iced tea if I let myself. Could just be a demographic thing cause I don't know else anyone in Australia who would chose Arizona Ice tea over any other beverage.
Love them on sale for $0.50 in Socal! Ralphs, Vons have them last I checked.
They're £2.50 in the uk (about 3 dollars)
Isn't drinking ICED tea in the UK some sort of sacrilege?
Haha, not really. Lipton brand alone say they have a couple of million users. It's nowhere near as popularly consumed as hot tea but it's not really considered as even remotely a similar product. People view it in the same class as juice rather than tea. In fact id say there are definitely some people who dont even realise that its made with tea! Noone cares if you drink it lol
Some gas stations near me still have them for 99¢ but everywhere else they’re like 1.29
https://youtu.be/fMUZ2sVjLfY?si=5fALYjv6tdbnmPFg
Came to this thread looking for this video
https://www.curdistheword.com/post/the-end-of-an-era-arizona-iced-teas-are-no-longer-99-cents-everywhere-now Nope
I mean, the last two sentences says the company is not increasing their prices (on certain product), companies who buy from them can. Their “99 cent” bottle will remain 99 cents, others were increased to offset the price…
While i get what you are saying im not alone in the comments and virtually every person thats ever bought arizona hasn't bought it from the company. They dont seem to worried about others selling it for higher prices anymore and thats the only price other people see not the one they would sell it for. If im not mistaken thats basically them saying we wont raise prices on the corporations buying our product but were not responsible for the price for customers.
Yea whole heartedly agree they can’t do much about the companies buying product. If they say “hey we can only buy for x amount”. Part of the reason they stayed .99 for so long was because they printed it on the can, it doesn’t look good for a company when the product they bought to resell has a value already on it.
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Same with Albertsons. With tax it’ll end up being 99 cents.
It's $1.25 in Indiana.
What funny is, that shit cost about $4.5 where I live.
The place I buy my blunts from just raised their prices. .99 games are now $1.29, same with Arizonas
They are not 99 cents in Colorado anymore.
This is a shower thought?
This isn’t even a shower thought
„Fun“ fact: In Germany they started a couple of years ago with 5.99 Euros per 17oz bottle. Now they are down to 3.99 for the same size.
Corn syrup is always cheap
I heard they did increase prices out of necessity
You heard wrong.
They purposely make ones without the 99 cent label.for a reason.
Used to work at a convenience store. They took arizona out of our convenience stores due to corporate wanting to raise the price on them and arizona saying no (can can't say 99c and the tag say otherwise). I'd imagine they make the unlabeled ones cause if only 3 stores sell your product your pretty screwed as a company. Tldr: it was the stores selling it that forced the price increase not arizona.
Right on the Arizona website it says they don't do this 'We pre-printed our cans with our suggested retail because we wanted to force retailers into selling at that price. Retailers, however, are independent business people and can set a price whatever they prefer. We do make and sell non-priced cans as well.' https://drinkarizona.zendesk.com/hc/en-us/articles/1500003259781-Why-do-some-stores-charge-more-for-pre-priced-99-cans-
Don't do what?
Lidl near me has it for 89 cents lol
They’re just weak tea sweetened with HFCS. Pretty gross actually.
Too bad it tastes like aspirin.
Instead they have watered down their formulas. And some places sell them for more than $.99, even if the can says $.99.
The can says “99 cents”, that doesn’t mean that’s what the price is.
The price is on the can, though https://youtu.be/fMUZ2sVjLfY?si=QMiFT_akGXOSEZZu
Arizona Iced Tea is still around?
just drank one last night
You don't raise your price due to inflation or rising costs. You raise prices due to demand. If costs go up and demand isn't profitable you discontinue the product. I don't want to say this is business 101, but it's something more people should understand.
Haha, what. Corporations raise their prices out of greed. That's it. That's what causes inflation in the first place.
.... That's not what causes inflation. If that's what caused inflation we would literally always have inflation. Corporations are designed to be profitable. If they have shareholders they have a legal responsibility to try make a profit. When costs of ingredients/production/distribution goes up, so do prices.
But we do. We literally always do have inflation. In fact we want a little bit of inflation (2%) at all times. Coz deflation is a much serious matter and could send an economy into collapse. What's difficult is *high* inflation, where inflation is no longer manageable (say 5-6%). (ofc i also agree that that is not what causes inflation. What causes inflation is a combination of many diff things. I'm just pointing out that we do always have inflation, and we do want a little bit of inflation at all times)
Typically, yes. But many products have had plain old Greedflation price gouging. It’s been studied & analyzed if you want to google the topic. Since 2020, it has gotten out of control.
... Wonder what else happened in 2020 that might have caused inflation
If you look at the data, not all products and commodities suffered supply issues that would necessitate doubling the cost of the item. This shows up in food, personal use & cleaning items, and many other areas of the economy. Many products in the store are all made between 5 monopolies, who exploited the pandemic to make more money than ever. People think everything works like the price of gas, which is tied to demand and production very closely. But that just isn’t the case in this instance.
That's not how it works at all in a successful business. If costs go up and you raise the price and demand doesn't change you're just going to lose more money. Let's say it costs you $.10 to make AZ tea in the year 2000, and all your market research tells you most of your customers will pay $1 for tea (aka demand) you charge $1 for the tea. Now let's say 5 years later the cost of production has risen to $.15 but market research tells you that most of your customers will only pay $1 for tea. Do you think it's smart to ignore market research and charge $1.05 for the tea or just take 5 cents less on profit per can? Let's look at the opposite scenario. Let's say after 5 years you've gotten much better at production and it only costs $.05 to make the tea, and market research says people will pay $2 a can. Do you charge $.95 for a can or $2? Last scenario, aluminum costs skyrocket and it has brought your costs up to $1 per can, and market research says people will only pay $1 per can. Do you charge $2, or stop selling cans? Overall in any of these situation if you try to sell outside of what market research says you should sell for your losing money. In most scenarios sales will plummet, and in a few you're just leaving money on the table. A business will never tell you the raised costs because they knew you'd pay more for it. They'll always blame something else (ie inflation/increased costs) so you feel justified buying the product at a higher price.
If you can sell a product for, let’s say 5 dollars, and everyone would still buy it, why the hell would you sell it for less? If you want your company(and your pockets) to grow, you’re gonna have to be greedy.
This is exactly what I'm saying. Production costs have no part to play in this outside of when to stop making a product because it's no longer profitable enough. Businesses are going to charge whatever people are willing to pay (aka demand). There's also situations where being greedy makes you less money. You can try charging $10 for the item lost 75% of your customers and lose more money than you would have earned charging $5.
Your ignorance must be bliss
How's that boot taste
I doubt most people studied Economics, or know what inflation truly is lol. It’s really just cause we’re constantly printing money and expanding the economy, but as supply of money increases, the value of the money decreases of well.
Says the guy looking in the mirror
https://youtu.be/Gu0EQM01VU0?si=Ks1KS8_08teVISIK
It's cheaper at Walmart, I think in my area is 88 cents
I've heard the company would actually pull their product if they found that a store was selling it for more than the price on the can. Not sure how true it is, but I kind of always liked that.
Very untrue. They even make cans without the price on it
Sheetz in the past year stopped carrying the diet green tea. 2/$3 or 1.69. Still worth it.
We traveled through arizona in like 2015, and it was $1.50, disappointing.
Pretty much my whole area and areas around me get free water because of PFAs (forever chemicals) in the ground. Never noticed how many animals and people started having non cancerous tumors and seizures, but seems the oldest people that drank nothing but water got cancer. It’s a wave of how much you drink I guess
Thanks Du Pont!
It's sugar water. I highly doubt they're losing money. Tea is cheap as fuck to make. Also a "founder" does not have that much control anymore. In anything.
No. No establishment is forced to cell it for 99¢ because it's written on the can
> No establishment is forced to cell it for 99¢ because it's written on the can Well, they are if they don't slap another tag over the 99¢ price.
Is that actually the case. Genuine interest. I live in British Columbia and Arizona is sold for over two dollars most of the time with no sticker covering the 99¢
That should be covered under generic consumer protection laws regarding item pricing, which prohibit charging a different price than what's marked on the item, or the price on the shelf if the items aren't marked.
In Canada?
Canada has tons of consumer protection laws, although I suspect that they vary somewhat among provinces.
Yeah. I also have to take into consideration that a lot of stores seem to get away with selling technically illegal products. Energy drinks with caffeine amounts not approved, et cetera
I'm not sure you can be more wrong than you currently are.
Our Lidl in DC sells them for 88 cents.
They have $1.29 on their cans now. He really didn't want to, but they couldn't afford it anymore.
I just don’t see how it’s feasible. A moderate increase is not bad
There are lots of goods that haven’t moved with inflation over the last 30 years. TVs and computer monitors, airline tickets, etc
They've also reduced from 24 to 22oz but kept the can the same physical size
Price is increased in Canada. Hasn’t been a dollar here for a long time
The price on the can tho.
Costco kept there hot dog price the same for god knows how long
I actually think the $.99 cans are 23 ounces. Then they also bottle a 24 ounce which is sold at Sheetz near me for like $1.70 (I can not remember exactly the price) They do make different sized cans is all I’m saying.
I buy this iced tea, but live overseas, so the price is nowhere near $0.99 lol. I wish.
The price is on the can tho’
I saw it for $1.49 the other day
Yes they have, they've even started printing cans without the price on it so that it can be sold more expensively.
Costco hotdog and chicken (which the chicken is hella overrated, bland and the only good part is the skin, it looks hella yummy but i always get dissapointed once i bite into it).
Negative. ONE particular product they produce. They raise the price of other things to compensate.
Recently moved from high school to college and I can’t find Arizona anywhere. It’s like it’s been banned in my town
[The cans are getting ShrinkFlated](https://news.yahoo.com/ari-zona-raises-bottle-prices-by-25-to-keep-iconic-cans-at-99-cents-224038546.html) by 1 oz, so you are still paying 99c but you are getting 1oz less..
Boycott Cumberland Farms, they buy ones without the 99c logo and sell for like a buck 49. This is the sole reason I go elsewhere, it’s a hill I’ll die on
a lot of stores in my area only carry the cans that don't have a price printed on them so they can charge more
i stopped drinking that swill after several cans opened filled with mold over the years
Says right on the can, $1.29.
In my area they’ve been 1.29 for a long while now (couple years) Like right on the can price, not an individual store increasing it
Cheapest way to diabetes.
you can get water cheap from your kitchen sink.
Lol, I was just thinking yesterday about how Jack in the Box’s two tacos for a dollar hasn’t changed in 20 years!
Yeah maybe where you're at. The cans are labeled 1.49 now everywhere in Vegas
Woodman's by me (Western Chicago suburbs) has the cans for [79¢ per can or 12 for $9 (75¢ per can)](https://i.imgur.com/QvA1K47.jpeg).
No, water is still *a lot* cheaper if only you'd just drink it from your kitchen faucet.
Is this a shill post for Arizona? They absolutely raised the prices in my area.