this post was submitted on 27 Feb 2024
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[–] arc@lemm.ee 51 points 5 months ago (4 children)

Assuming someone by necessity needed to do that, then a bowl of porridge would be better than cereal. It would be cheaper to buy, more filling & nutritious. And someone that cash strapped shouldn't be eating Kelloggs cereals at all since the generic equivalent probably costs half the price and tastes the same.

[–] TheRealKuni@lemmy.world 20 points 5 months ago (3 children)

A roommate of mine who was an Econ major told me once that the knockoff bag cereals are often made by the same company that makes the name brand. That they’re the exact same product.

He said this is because there isn’t really much crossover between the market segments. People don’t comparison shop the bag cereal, they buy it because it’s cheaper and they wouldn’t buy the box cereal otherwise. And people who buy box cereal don’t really buy bag cereal. There’s no competition between the segments.

So if Kellogg’s or Post or General Mills makes the same cereal and throws it in a bag under a different brand name with a random title, they make more money than they would if they left that segment of the market to another player.

This is the same reason Costco and Sam’s Club brands have products that compare well with the brand names…they’re the exact same product, sold under a cheaper brand. Brew Dr can sell their kombucha under their brand at one price, but ALSO make kombucha and sell it under the Kirkland brand, and they’ll make money on both products.

[–] bradboimler@startrek.website 1 points 5 months ago* (last edited 5 months ago)

So a former home office employee of Walmart it is what's left after the name brand run it is what isn't up to snuff for the name brand that is why off brand vegetables have more stems and stuff etc in them.

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