When a particular product is bought at large quantities then its referred to as bulk buying. Bulk buying results to purchase of goods at a lower price than the 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.
By acquiring more use value per dollar spent then consumers are able to satisfy their demands at a lower cost. 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. There are several benefits as to using bulk buying. Being 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 are the benefits of bulk buying. 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.
Bulk buying results to saving of money which 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.
Bilk buying has both pros and cons and the cons include; lack of storage, lack of variety and perishability of some products. As a downer lack of variety means that one has to finish the products they have as they cannot use others. A disadvantage of bulk buying is perishability of some items which is enhanced by poor shopping skills. In terms of lack of storage means that if you live in a cramped up space then bulk buying is difficult this because the mess that can be caused might be quite big and also clutter problems.