Bulk buying is buying at large quantities of a particular product one time. The unit price of products bought in bulk is much cheaper than usual. The selling of goods in large quantities at a low unit price to retail merchants is referred to as wholesale. Wholesalers are known to represent factories whereby goods are produced while at the same time use economies of scale to increase profit. Consumers are sold at high prices goods that have been bought by retailers from wholesalers. By paying a lower price per unit in exchange for purchasing much larger quantities consumers benefit from economies of scale in bulk buying as they eliminate retailers.
The consumer is able to satisfy their demands at a lower total cost by acquiring more use value per dollar spent. Items sold in bulk 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. There are several benefits as to using bulk buying. Bulk buying has resulted to some benefits and they include; 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. Testing out new grains without really committing to a whole package is enhanced by use of bulk buying as it results to trying out new things. Some items are hard to find like nutritional yeast which is only found in the bulk section an advantage of bulk buying.
Saving of money by bulk buying is realized from the lack of individual packaging, labeling and advertising. However there are tips in bulk buying in order to be profitable which are; calculate 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.
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. Poor shopping skills influences the perishability of some items since customers need to be aware on which products last longer than others. Bulk buying requires enough storage and having a space that speaks less can result to a big mess and clutter problems.