The Benefits of Buying in Bulk
When a particular product is bought at large quantities then its referred to as bulk buying. The unit price of products bought in bulk is much cheaper than usual. Wholesale is the selling of goods at a lower unit price to retail merchants. By using economies of scale to increase profits factories are also represented by wholesalers. While retailing is buying of good in a wholesale to sell them in small quantities at higher prices to consumers. Economies of scale are also captured by consumers in bulk buying by paying a lower price per unit in exchange for purchasing much larger quantities.
The consumer is able to satisfy their demands at a lower total cost by acquiring more use value per dollar spent. There are most items that are sold in bulk and they include; flours, grains, nuts, dry beans, seeds, spices and herbs, dry pasta, trail mix, dried fruits, ground and whole bean coffee, nutritional yeast, powders, cereal and granola. Some benefits have been realized by using bulk buying. The benefits include; its more eco-friendly, saves money, trying of new things, you only buy what you need and one is able to buy hard-to- find items. Bulk buying enables one to get only what they need as they get exactly what they need without having the rest of it that you may never use.
Bulk buying results to less waste since there is less individual packaging thus being eco-friendly. New things are tried put when using bulk packaging as testing of new grains without really committing to a whole package can be achieved. When buying hard-to-find items like nutritional yeast as an example then bulk buying is the rescue since its mostly found in the bulk section.
Bulk buying results to saving of money which is realized from the lack of individual packaging, labeling and advertising. Calculating the price per ounce, take your own containers or re-use containers and finally feel comfortable asking the workers when the bins were last changed, their cleaning practices among others these are some of the tips that can be used in order for bulk buying to be successful and profitable.
Aside from the benefits of bulk buying there are some disadvantages that are associated which are; lack of storage, lack of variety and perishability of some products. Lack of variety means that when you buy a particular product you are stuck with it until finish it completely and thus cannot use another. Perishability of some items is quite wanting and this is aggravated by poor shopping skills. A cramped up space is not ideal with bulk buying as it may result to causing of a big mess and clutter problems.