2,308 products where the "sale" price is the new normal.
Hi-lo pricing is when a retailer regularly alternates a product between a high shelf price
and a lower "special" price. The cycle repeats every few weeks, creating a constant stream
of "discount" tags. We analysed 112 weeks of price history across 76,000+ products and found
14,473 products actively cycling. For 2,308 of them, even the bottom of the cycle -- the best
price you can get -- is at least 15% higher than what the product actually cost a year ago.
The pattern
How a hi-lo cycle inflates prices while looking like discounts.
The tag says 29% off. The "sale" price of $6.00 is 85% more than the $3.25
this product cost a year ago. This cycle repeats every 2.2 weeks, 45 times in our data.
This pattern is based on real Lindt chocolate block data -- one of 25+ Lindt products
cycling identically at both Coles and Woolworths.
14,473Products actively cycling
2,308With inflated sale price 15%+ above historical low
~28%Of all cyclers are inflated
1,095At Coles avg +22% actual increase
1,213At Woolworths avg +23% actual increase
35%Avg advertised discount on products that cost more
How we detected it
Identify products with 2+ complete price cycles in the last 52 weeks (price swings of 20%+ between high and low)
Find each product's cycle-low price -- the bottom of the cycle in the last 26 weeks
Compare to the historical minimum from 6-18 months ago (before or during early cycling)
Flag products where the cycle-low is 15%+ above the historical minimum
Using the historical minimum (not the average or mode) means we're comparing today's best
available price to the best price consumers had access to before. If even the cheapest point
in the current cycle costs more than the cheapest point used to, the entire cycle has been
ratcheted upward.
See also: Illusory Discounts -- 230 products currently on
"special" at prices above their old normal price.
Worst-offending categories (top 200 shown)
The products below are the 200 most inflated hi-lo cyclers we found -- the ones where
the gap between the old price and the new "sale" price is largest. The full dataset
contains 2,308 products.
Coles 1,095 total -- 87 worst shown
Coffee
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Decaf Coffee Beans
$12.50
$38.00
$30.00 (31 cycles / 3.1w)
21% off
+140%
Organic Classic Medium Roast Fairtrade Coffee
$7.35
$18.00
$14.50 (9 cycles / 5.2w)
19% off
+97%
Organic Decaffeinated Medium Roast Fairtrade Coffee
$7.65
$18.00
$14.50 (9 cycles / 5.2w)
19% off
+90%
Organic Espresso Coffee Beans
$25.00
$64.00
$44.80 (39 cycles / 2.4w)
30% off
+79%
Supreme Coffee Beans
$12.50
$38.00
$22.00 (29 cycles / 3.3w)
42% off
+76%
Espresso Magic Coffee
$12.50
$38.00
$22.00 (29 cycles / 3.3w)
42% off
+76%
Cafe - Q Classico Coffee Beans
$13.00
$32.00
$22.00 (37 cycles / 2.6w)
31% off
+69%
Cafe - Q Cremello Coffee Beans
$13.00
$32.00
$22.00 (37 cycles / 2.6w)
31% off
+69%
Latte Beans Coffee
$20.00
$56.00
$33.00 (39 cycles / 2.5w)
41% off
+65%
Blend 43 Instant Coffee
$8.40
$23.00
$13.80 (18 cycles / 4.9w)
40% off
+64%
Espresso Ground Coffee
$24.00
$56.00
$39.00 (39 cycles / 2.5w)
30% off
+63%
Espresso Coffee Beans
$24.00
$56.00
$39.00 (39 cycles / 2.5w)
30% off
+63%
Sachets Classic Chai Latte
$4.00
$8.00
$6.50 (13 cycles / 5.9w)
19% off
+63%
Dark Roast Beans
$20.00
$40.00
$32.00 (31 cycles / 3.2w)
20% off
+60%
Medium/Dark Beans
$20.00
$40.00
$32.00 (31 cycles / 3.2w)
20% off
+60%
Noodles, Wraps & Prepared
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Mirin Seasoning
$1.60
$4.40
$3.50 (13 cycles / 6.8w)
20% off
+119%
Yaki Nori Seaweed Sushi Sheets
$1.60
$4.00
$3.20 (13 cycles / 6.8w)
20% off
+100%
Tempura Batter Mix
$1.60
$3.95
$3.15 (11 cycles / 8w)
20% off
+97%
Sushi Seasoning
$1.60
$3.60
$2.85 (13 cycles / 6.8w)
21% off
+78%
Cooking Sake
$1.60
$3.60
$2.85 (13 cycles / 6.8w)
21% off
+78%
Teriyaki Marinade
$1.60
$3.60
$2.85 (13 cycles / 6.8w)
21% off
+78%
Sushi & Sashimi Soy Sauce
$1.60
$3.60
$2.85 (13 cycles / 6.8w)
21% off
+78%
Ramen Tokyo Shoyu Noodles 5 Pack
$4.25
$8.50
$6.80 (5 cycles / 18.2w)
20% off
+60%
Ramen Kyushu Black Noodle
$4.25
$8.50
$6.80 (5 cycles / 18.2w)
20% off
+60%
Beauty & Personal Care
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Shockwaves Extreme
$2.50
$6.00
$5.00 (19 cycles / 4.3w)
17% off
+100%
Firm Hairspray
$3.00
$6.00
$5.00 (6 cycles / 9.2w)
17% off
+67%
Extra Firm Hairspray
$3.00
$6.00
$5.00 (4 cycles / 7.5w)
17% off
+67%
Illusions Body Spray
$3.00
$6.00
$4.80 (19 cycles / 3.2w)
20% off
+60%
Women's Merely Musk Body Spray
$3.00
$6.00
$4.80 (19 cycles / 3.2w)
20% off
+60%
Fresh Produce & Meat
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Pink Lady Apples Medium
$0.60
$1.78
$1.18 (5 cycles / 9.2w)
34% off
+97%
Ready To Drink Apple & Raspberry
$1.75
$4.50
$3.00 (10 cycles / 8.1w)
33% off
+71%
Baby Cucumbers
$3.50
$6.90
$5.90 (3 cycles / 10.7w)
14% off
+69%
Pink Lady Apples
$3.50
$8.90
$5.90 (3 cycles / 16.7w)
34% off
+69%
Capsicum Green Loose
$1.08
$3.06
$1.74 (3 cycles / 12.7w)
43% off
+61%
8 Months+ Blueberry & Strawberry Corn Sticks
$1.25
$2.50
$2.00 (45 cycles / 2.2w)
20% off
+60%
Chocolate & Confectionery
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Excellence Roasted Almond Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence 70% Smooth Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence 78% Cocoa Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence 90% Cocoa Dark Chocolate Block
$3.25
$9.75
$5.95 (3 cycles / 4.3w)
39% off
+83%
Excellence Sea Salt Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence Sea Salt Caramel Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence 95% Cocoa Ultimate Dark Chocolate Block
$3.25
$9.75
$5.95 (3 cycles / 4.3w)
39% off
+83%
Excellence 70% Cocoa Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence Raspberry Intense Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence 85% Cocoa Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Extra Creamy Excellence Milk Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence Milk Sea Salt Caramel Milk Chocolate Block
$3.25
$8.50
$5.95 (35 cycles / 2.7w)
30% off
+83%
Excellence Orange Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Excellence Mint Intense Dark Chocolate Block
$3.25
$8.50
$5.95 (39 cycles / 2.5w)
30% off
+83%
Dark Chocolate Baking Chips
$2.50
$7.50
$4.50 (30 cycles / 2.6w)
40% off
+80%
Baking 70% Cocoa Dark Chocolate Block
$2.50
$7.50
$4.50 (30 cycles / 2.7w)
40% off
+80%
Milk Chocolate Baking Chips
$2.50
$7.50
$4.50 (30 cycles / 2.6w)
40% off
+80%
Baking Dark Chocolate Melts
$2.50
$7.50
$4.50 (30 cycles / 2.6w)
40% off
+80%
Milk Chocolate Melting Buttons
$2.50
$7.50
$4.50 (30 cycles / 2.6w)
40% off
+80%
Baking White Chocolate Block
$2.50
$7.50
$4.50 (30 cycles / 2.7w)
40% off
+80%
Baking Dark Chocolate Block
$2.50
$7.50
$4.50 (30 cycles / 2.7w)
40% off
+80%
Milk Chocolate Baking Block
$2.50
$7.50
$4.50 (30 cycles / 2.7w)
40% off
+80%
Chocolate Chip Bar
$1.75
$4.00
$3.00 (11 cycles / 5.8w)
25% off
+71%
White Chocolate Macadamia Bar
$1.75
$4.00
$3.00 (11 cycles / 5.8w)
25% off
+71%
Pascall Chocolate Coated Clinkers Lollies
$3.00
$7.00
$4.90 (21 cycles / 4.6w)
30% off
+63%
Baking
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
White Choc Baking Chips
$2.50
$7.50
$4.50 (30 cycles / 2.6w)
40% off
+80%
Organic Mango & Banana Coconut Melts
$3.25
$6.50
$5.20 (11 cycles / 4.6w)
20% off
+60%
Pantry Staples
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Natural Style Muesli
$4.50
$9.50
$8.00 (8 cycles / 6w)
16% off
+78%
Superb Chicken Stock Powder
$2.00
$4.00
$3.50 (16 cycles / 3.4w)
13% off
+75%
Crunchy Peanut Butter Bar
$1.75
$4.00
$3.00 (11 cycles / 5.8w)
25% off
+71%
Australian Sunmuscat Sultanas
$3.00
$6.00
$5.00 (3 cycles / 10.3w)
17% off
+67%
Natural Almond Butter
$3.50
$8.00
$5.60 (13 cycles / 5.5w)
30% off
+60%
Crunchy Natural Almond Butter
$3.50
$8.00
$5.60 (13 cycles / 5.5w)
30% off
+60%
Household & Cleaning
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
General Purpose Refill
$3.15
$6.30
$5.30 (26 cycles / 3.7w)
16% off
+68%
Anti-bacterial Liquid Handwash Aloe Vera
$2.75
$7.00
$4.50 (11 cycles / 5.2w)
36% off
+64%
Anti-bacterial Liquid Handwash Grapefruit
$2.75
$7.00
$4.50 (11 cycles / 5.2w)
36% off
+64%
Wizard Duster
$4.80
$9.65
$7.70 (13 cycles / 6.8w)
20% off
+60%
Yoghurt
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
High Protein Yoghurt Pouch No Added Sugar Vanilla
$1.50
$3.20
$2.50 (3 cycles / 11.7w)
22% off
+67%
High Protein Yoghurt Pouch No Added Sugar Mango
$1.50
$3.20
$2.50 (3 cycles / 11.7w)
22% off
+67%
High Protein Yoghurt Pouch No Added Sugar Mixed Berries
$1.50
$3.20
$2.50 (3 cycles / 11.7w)
22% off
+67%
High Protein Yoghurt Pouch No Added Sugar Strawberry
$1.50
$3.20
$2.50 (3 cycles / 11.7w)
22% off
+67%
Perform High Protein Yoghurt No Added Sugar Strawberry
$1.85
$3.90
$3.00 (5 cycles / 5.8w)
23% off
+62%
Perform High Protein Yoghurt No Added Sugar Banana
$1.85
$3.90
$3.00 (5 cycles / 5.8w)
23% off
+62%
Perform High Protein M/passionfruit Yoghurt No Added Sugar
$1.85
$3.90
$3.00 (5 cycles / 5.8w)
23% off
+62%
Perform High Protein Yoghurt No Added Sugar Mixed Berry
$1.85
$3.90
$3.00 (5 cycles / 5.8w)
23% off
+62%
Organic Strawberry & Banana Yoghurt Melts
$3.25
$6.50
$5.20 (11 cycles / 4.6w)
20% off
+60%
Perform High Protein Yoghurt Pouch No Added Sugar Mixed Berries
$1.85
$3.90
$2.95 (3 cycles / 6.3w)
24% off
+59%
Baby & Kids
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Organic Banana Bread Oaty Bars
$3.00
$6.65
$5.00 (13 cycles / 3.5w)
25% off
+67%
Carrot Cake Oaty Bars
$3.00
$6.65
$5.00 (13 cycles / 3.5w)
25% off
+67%
Baby Organic Cotton Pads
$2.50
$5.20
$4.15 (17 cycles / 2.9w)
20% off
+66%
8 Months+ Banana & Mango Corn Sticks
$1.25
$2.50
$2.00 (43 cycles / 2.3w)
20% off
+60%
Tea
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Bengal Spice Tea Bags 20 pack
$3.70
$7.50
$5.90 (20 cycles / 4.1w)
21% off
+59%
Woolworths 1,213 total -- 113 worst shown
Beauty & Personal Care
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Revlon Super Lustrous Lipstick Soft Silver Rose
$5.00
$29.00
$14.50 (20 cycles / 4w)
50% off
+190%
Toni & Guy Natural Bristle Brush
$5.00
$24.00
$12.00 (31 cycles / 2.9w)
50% off
+140%
Revlon Super Lustrous Lipstick Blushed
$5.00
$29.00
$10.00 (29 cycles / 3.2w)
66% off
+100%
Skin Control Glass Skin Face Mask Hyaluronic Acid
$3.25
$13.00
$6.50 (19 cycles / 4.9w)
50% off
+100%
GloEarth Recycled Plastic Paddle Hair Brush
$5.50
$11.00
$10.00 (2 cycles / 6.5w)
9% off
+82%
GloEarth Recycled Grooming Hair Brush
$4.50
$9.00
$8.00 (2 cycles / 6.5w)
11% off
+78%
Nivea Body Lotion Rich Nourishing 48h
$2.00
$4.00
$3.50 (11 cycles / 2.7w)
13% off
+75%
Carmex Minis Lip Balm
$4.50
$9.00
$7.50 (19 cycles / 4.9w)
17% off
+67%
My Soda Hydrate Nourishing Conditioner For Dry & Damaged Hair
$9.00
$20.00
$15.00 (16 cycles / 5.1w)
25% off
+67%
My Soda Smooth & Silky Shampoo For Frizz Prone Hair
$9.00
$20.00
$15.00 (16 cycles / 5.1w)
25% off
+67%
My Soda Hydrate Nourishing Shampoo For Dry & Damaged Hair
$9.00
$20.00
$15.00 (16 cycles / 5.1w)
25% off
+67%
My Soda Smooth & Silky Conditioner For Frizz Prone Hair
$9.00
$20.00
$15.00 (16 cycles / 5.1w)
25% off
+67%
Manicare Buffer 4 Way
$5.00
$10.00
$8.00 (10 cycles / 4.9w)
20% off
+60%
Fresh Produce & Meat
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Macro Organic Lebanese Cucumber
$2.90
$9.90
$6.90 (2 cycles / 15w)
30% off
+138%
Pumpkin Kent Cut
$1.05
$3.33
$2.38 (9 cycles / 4.7w)
29% off
+127%
Macro Wholefoods Market Organic Australian Mini Cucumbers
$2.40
$7.50
$4.90 (6 cycles / 8.8w)
35% off
+104%
Organic Pumpkin Butternut
$2.70
$6.90
$4.90 (2 cycles / 9.5w)
29% off
+81%
Fresh Kent Pumpkin Whole
$3.90
$9.45
$6.75 (29 cycles / 3.3w)
29% off
+73%
Macro Organic Red Capsicum
$6.50
$13.50
$10.90 (3 cycles / 24w)
19% off
+68%
Ozesauce Tomato Sauce
$2.00
$4.00
$3.30 (9 cycles / 10.3w)
18% off
+65%
Only Organic Strawberry & Apple Oat Bars With Wholegrains
$2.75
$5.50
$4.50 (31 cycles / 3.1w)
18% off
+64%
The Odd Bunch Strawberries Punnet
$3.00
$7.50
$4.90 (6 cycles / 9w)
35% off
+63%
Apple Royal Gala
$0.48
$1.26
$0.78 (9 cycles / 4.9w)
38% off
+63%
Woolworths 3 Colour Traffic Light Capsicums
$4.90
$9.90
$7.90 (5 cycles / 15.4w)
20% off
+61%
V8 Apple Berry Juice Multipack
$2.25
$4.50
$3.60 (30 cycles / 2.6w)
20% off
+60%
Only Organic Melty Corn Sticks Strawberry & Blueberry
Hygiene Plus Latex Gloves Disposable Powderfree One Size
$7.50
$15.00
$12.00 (19 cycles / 5.2w)
20% off
+60%
Tea
Product
Used to cost
Cycle high
"Sale" price
Tag says
Actually
Celestial Seasonings Bengal Spice Herbal Tea Bags
$3.70
$7.40
$5.90 (19 cycles / 4.5w)
20% off
+59%
What this means
The cycle IS the trick
When a product oscillates between $8.50 and $6.00 every two weeks, every second week
has a "29% off" tag. But the product used to cost $3.25. The cycle creates permanent
discount theatre on a product that costs nearly twice what it did a year ago.
Entire product lines move in lockstep
Lindt chocolate blocks, Nescafe coffees, Kellogg's cereals -- dozens of SKUs within a brand
cycle on identical schedules with identical percentages. This is programmatic pricing,
not supply-and-demand fluctuation.
23 cycles on average
The average product in this dataset has completed 23 full price cycles over the past year.
That's not a temporary promotion -- it's a permanent pricing structure designed to always
have a discount tag visible.
Methodology
Database: 76,000+ products tracked across Coles and Woolworths
Price history: 112 weeks (March 2024 -- May 2026)
Cycle detection: Products with 2+ complete high-low cycles in the last 52 weeks, with 20%+ price swing between min and max
Baseline: Minimum price observed in weeks 26-78 (6-18 months ago), requiring 12+ weeks of data
Threshold: Current cycle-low must exceed historical minimum by 15%+