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Ryan Bridge: Is supermarket pricing as bad as we think it is?

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Manage episode 495916881 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This business with the supermarkets and their pricing...

Consumer NZ has launched a petition. They want change to stop prices being incorrectly labelled.

So you go to checkout and scan receipts, something's different to what you expected. Then we would get a refund on the product, and the product for free.

The idea is that if you make the punishment more than fit the crime, they'll stop doing it.

Which I get. But the supermarkets reckon and Consumer NZ calls this spin that there's just too many products and they honestly make mistakes.

More often than not the prices are out by a few cents - so $5.99 instead $5.95.

The key question here is whether we think the supermarkets are doing this on purpose, or whether they're just large organisation that occasionally get small things wrong.

And correct the errors when spotted. Refunds where necessary.

If we're saying they are deliberately doing this, that's a whole other thing.

I'm not saying the supermarkets should be given a Hall Pass here, but if we're talking about a few million dollars a year spread over a population of five million, plus the free products on top of refunds they'd have to fund...

You've got to ask if the potential payoff is worth the cost of pushing a policy like this.

See omnystudio.com/listener for privacy information.

  continue reading

4264 episodes

Artwork
iconShare
 
Manage episode 495916881 series 2098280
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This business with the supermarkets and their pricing...

Consumer NZ has launched a petition. They want change to stop prices being incorrectly labelled.

So you go to checkout and scan receipts, something's different to what you expected. Then we would get a refund on the product, and the product for free.

The idea is that if you make the punishment more than fit the crime, they'll stop doing it.

Which I get. But the supermarkets reckon and Consumer NZ calls this spin that there's just too many products and they honestly make mistakes.

More often than not the prices are out by a few cents - so $5.99 instead $5.95.

The key question here is whether we think the supermarkets are doing this on purpose, or whether they're just large organisation that occasionally get small things wrong.

And correct the errors when spotted. Refunds where necessary.

If we're saying they are deliberately doing this, that's a whole other thing.

I'm not saying the supermarkets should be given a Hall Pass here, but if we're talking about a few million dollars a year spread over a population of five million, plus the free products on top of refunds they'd have to fund...

You've got to ask if the potential payoff is worth the cost of pushing a policy like this.

See omnystudio.com/listener for privacy information.

  continue reading

4264 episodes

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