Buying in bulkConsumer buying in bulk can definitely save money if they purchase products that they will use. The problems start when you purchase items that are on sale when buying in bulk but you really don’t need all of that product. For example the picture shows this consumer buying toilet paper. She is obviously getting a good deal and is stocking up on toilet paper. There is no question that she will use all of this product and save money at the same time. But what about other products that might not be used as quickly. For example, if you purchase 5 bottles of ketchup which have an expiry within one year? Will you use all of the ketchup within that time frame. If you do not and have to throw out some of the bottles, have you really saved any money?

Buying in Bulk When it Makes Senses

Items like toilet paper, paper towels, cans of fruit and vegetables, items you can freeze etc are usually good buys when you buy in bulk. Buying fresh vegetables in bulk makes no sense at all, nor does it make sense to buy fruit this way unless you can freeze some of the product for later use. We tend to purchase meat in bulk, separate it into reasonable portions and then freeze it.

The same applies to bread and buns. Soap for dish washing, soap for washing clothing and similar products can also be purchased in bulk. Occasionally we will purchase some products in bulk that have an expiry date in a relatively short time frame. We tend to give away some of the product to other family members who can use this product rather than see it spoil.

Before buying in bulk, ask yourself can I use all of this product prior to the expiry date and if I have to give some away or let it spoil will I still save money compared to purchasing the same thing at a regular price.

 

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