According to today's Wall Street Journal, P&G will be raising prices on some "fancier" varieties of Tide by as much as 25%. The reason: To offset the hit to their margins from the introduction of Tide Simply Clean & Fresh.
The price of regular Tide liquid won't change.
If I'm reading the article correctly, anything marked "Tide Plus" (Tide Plus Bleach Alternative, Tide Plus Febreze, etc.) will start coming in a smaller bottle. The 100 oz. bottle will be 92 oz.; the 50 oz. bottle will be 46 oz. "The tactic has been a tried and true way for consumer-goods makers to sell less volume for the same price," says the WSJ.
Also:
"In some cases, P&G is also reducing the number of loads per Tide bottle, which amounts to a stealth price increase. The current 100 ounce bottle of Tide with Febreze scent now states it contains 60 loads. The new 92 ounce version will be good for 48 loads, according to marketing materials P&G has shared with retailers, a 20% drop in loads on an 8% drop in volumes. In P&G's lingo, it is 'harmonizing' the number of loads, using 48 loads as the standard for medium-sized jugs. A P&G spokesman says consumers had found the different load numbers on different Tide variations confusing.
"The net result is that shoppers in some cases will be paying up to 25% more for their Tide detergent. The average price increase that P&G is imposing on retailers for Tide Plus—which currently brings in around $1 billion a year in sales—will be around 13%."
The price of regular Tide liquid won't change.
If I'm reading the article correctly, anything marked "Tide Plus" (Tide Plus Bleach Alternative, Tide Plus Febreze, etc.) will start coming in a smaller bottle. The 100 oz. bottle will be 92 oz.; the 50 oz. bottle will be 46 oz. "The tactic has been a tried and true way for consumer-goods makers to sell less volume for the same price," says the WSJ.
Also:
"In some cases, P&G is also reducing the number of loads per Tide bottle, which amounts to a stealth price increase. The current 100 ounce bottle of Tide with Febreze scent now states it contains 60 loads. The new 92 ounce version will be good for 48 loads, according to marketing materials P&G has shared with retailers, a 20% drop in loads on an 8% drop in volumes. In P&G's lingo, it is 'harmonizing' the number of loads, using 48 loads as the standard for medium-sized jugs. A P&G spokesman says consumers had found the different load numbers on different Tide variations confusing.
"The net result is that shoppers in some cases will be paying up to 25% more for their Tide detergent. The average price increase that P&G is imposing on retailers for Tide Plus—which currently brings in around $1 billion a year in sales—will be around 13%."