Should AriZona Tea Keep Its Price of 99 Cents?

AriZona Tea is a well-known beverage company that sells all over the world. It’s mainly known for its good-quality beverages that only cost 99 cents. Originally made in order to compete with Snapple, it has now become one of the most favored drinks of some people across the world. Some people believe that AriZona should change its prices according to the current inflation index. Some would rather keep it at its cheaper and original price since it has become what keeps it popular.

AriZona Tea started to market its products in 1992 in Brooklyn, NY. Since then, the company has let their many teas at the price of 0.99. The company has stated they keep it at that price because they believe that we, the consumers, are hard-working people. The Arizona Tea company wants to give back to those who work hard with a drink that is affordable, tastes great, and is made with high-quality products.

                At the time that the AriZona Tea company started to sell its products, the inflation index was at 3.01%. in 2021, the index was at 3%. That being said, if the price were to change in accordance with inflation, the cost would be $2.06. I believe that AriZona should keep its price because it’s part of its message and mission to keep the price of its beverages at a reasonable and attainable price. If AriZona keeps its price, people will keep on buying from them and will also keep the money coming in, which is the main goal.

 Do you like AriZona tea?

Do you think its smart for the company to keep it at 99 cents?

Would you rather it stay or go up with the inflation index?

 

 

sources: https://www.rd.com/article/arizona-iced-tea-99-cents/

https://www.usinflationcalculator.com/

 

You need to be a member of History 360 to add comments!

Join History 360

Replies are closed for this discussion.

Replies

  • Good topic choice and on that hasn't been done before so +5. Your summary is well done but be sure to reply back to students a bit more. -10 one day late

  • I personally think Arizona tea is pretty good even though I have bought it only once or twice I think it is kind of cool that through all of the changes that they can still keep their price at 99 cents. I would rather it stay than go up because of how long they have kept it at the same price.

  • I personally have never bought a Arizona tea, so I could care less its just a drink.  I think the company makes a lot of money beacuse its so cheap and a lot of people buy them to quench their thirst. I would not recommend increassing there prices. 

  • I think while to have the tea remain 99 cents is catchy and helps bring in demand, the company deserves to earn enough money for their product. As inflation increases, the price of everthing increases, so it is only fair that the company gets what they are owed.

  • Personally, I have never tried or bought an Arizona Tea. I don;t see why I would really care if they changed their prices. For the people who do buy it, I think that they shouldn't raise their prices. I think they should only raise it a bit higher but only if they can't survive without a price increase.

  •  I have never had Arizona Tea. I think it should stay the same price that it is right now. I think that if it went with inflation the price would go way up and no one would buy it. Or it gets too cheap and no one thinks it is good therefore not buying it. 

  • I haven't ever tried Arizona tea because I don't really like tea very much. I believe that the commpany should leave it at 99 cents because it is more affordable that way, meaning that more people will buy it. I would rather it to stay with the inflation index. 

  • I have never had Arizona tea and probably never will, but I have heard that they are pretty good and I have seen a lot of people drinking them. I think that the main reason that so many people drink them is that they are cheap. I think as long as they aren't loosing money, they should keep it the same.

  • I haven't tried AriZona tea because I don't like tea so I haven't tried it but I don't think they should change the price of it because people would be buying it and if they do raise the price the people would be buying a large amount, so I think that they should raise the prices.

  • I like AriZona tea. I think they should keep it at 99 cents because they would make more money because people would buy a larger amount since they are cheaper. Unless they are not making profit off of the tea, I think they should definitly keep it at 99 cents.

This reply was deleted.
eXTReMe Tracker