Soft drinks 50% price increase-outrageous!
Since I usually buy soft drinks in large packs, I didn't know about the increase in soft-drinks price until late last week.
A lot of people can argue that an increase from 1 QAR to 1.5 QAR is nothing because what is 0.5 QAR worth, right?!
But if you look at the fact that the increase is 50% in price, then you can imagine what that means!
What if chicken, meat or coffee prices are up by 50%?
Just because it is a cheap recreational item doesn't mean that the manufacturers can increase the price 50%!
Profits will increase by far more than 50%.
The manufacturer claims that cost prices have raised during the past year, but do these costs really add up to 50% of the total selling price? Come on... do you take us for idiots?!
Let's make a small study:
Usually overheads and profits of an item are about 25% of the selling price, Manpower is around 15% and material cost is around 40%. The remaining 20% are spent on other issues including propaganda, delivery...etc.
So, only 0.4 QAR per soft drink was affected.
And I am certainly sure that not all the cost prices are up, but let us -for argument's sake- consider that the whole cost was affected by a 50% raise!
This means that 0.4 X 1.5 = 0.6 QAR would be the new cost of material production.
The remaining issues have not changed...!
So the new cost at the most should be 0.6 (material) + 0.2 (propaganda, delivery...ect) + 0.25 (overheads and profits) + 0.15 (manpower) = 1.2 QAR.
Remember this is assuming all material costs have raised 50% which is practically impossible!
Since Qatar does not have a smaller coin than 0.25 QAR, then the selling price would have to be set at 1.25 QAR.
This would mean a 25% increase in selling price which is still an outrage, but still more practical due to the minimum Qatari (and GCC) coins of 0.25 QAR.
By selling for 1.5 QAR per can, the manufacturer is more than doubling his overheads and profits, which is unbelievable!!!
How can the local authorities even believe and approve such a clear theft?!
The worst thing is that there is no such thing as a Consumer Protection committee, or is there? And where is it?
Please share your thoughts on this...
And please don't comment with negative attitude such as "if you don't like it, don't buy it!"... we are already sick enough to get contaminated with more viruses..!
... helps you burp and get rid of any air you swallowed during your meal :)
alumnar by sparkling water,do you mean perrier,or what other brand,and yeah green tea is good as well.
... after a heavier meal. That and green tea, let it cool, a slice of lemon in it... delicious :)
i agree with you,this increase in the prices of soft drinks is unjustified,though i wouldn't reccomend it all the time,but having a can of sprite is fine occasionally,but i still prefer to drink water and fruit juices,these are healthier options,although when you have had a heavy meal,you would certainly want to wash it down with these sodas,it gives you that temporary relief,but again switch to water,fruit juice and milk.
nothing wrong on it everything in Qatar increased for these pepsi/colas was only 1 riyal from more than 15 years?
Good for you... My daughter has bad teeth which runs in the family so I have also made changes to drinking habbits in my house a while ago! Cant beat a nice glass of cold milk!!!
... there are 8 (yes EIGHT) spoons of sugar in a can of coca-cola/pepsi. That should ring alarm bells.
I wish they were at least 10 Riyals per can, then I would have stopped drinking them longer ago! I am happy to say I have not touched a can in 2 months so I do not care about the price increase, but the amount of soft drinks I see some children (ok, and adults) drinking is horrendous!
I think we all need to take note at how much sugar is in those cans, not just the young ones....! Very bad for teeth and body....! I say raise the price more and people may start to drink more healty drinks....
My teeth have suffered a lot because of these soft drinks :(
... drink less soft drinks, specially when I see children these days drinking as many softdrinks as they like from a young age onwards. Just think of the sugar in those cans...!
I totally agree with you, sefri! These softdrinks companies and stores/resellers really S*CK!!!
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I didn't realized until I read this post....
No wonder I was wondering 3 days back when I pick a 6-can-pack at Lulu... I thought I was buying this pack at QAR 5.50, now it QAR 9??
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Spent third of my life Away From Home
Good drink beer there is actually a reduction and special offers at QDC..:)
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right on FS, long term consumption of soft drinks is not good for our health, switch to cold water or freshly squeezed fruit juices
www.live365.com/stations/thevault85
Anywayz..its not good for health....atleast people will reduce consuming soft drinks..