Buying at large quantities of a particular product one time is referred to as bulk buying. 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. By using economies of scale to increase profits factories are also represented by wholesalers. 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.
By acquiring more use value per dollar spent then consumers are able to satisfy their demands at a lower cost. 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 are some of the items that are sold in bulk. Bulk buying has resulted to several benefits when in use. 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. Getting exactly what you need without having the rest of it that you may never use is meant by only buying what you need in terms of bulk buying.
Being eco-friendly is showcased by using less individual packaging which ultimately results to less waste. New things are tried put when using bulk packaging as testing of new grains without really committing to a whole package can be achieved. Bulk buying enables one to access hard to find items such as nutritional yeast which is only found in the bulk section.
Due to the lack of individual packaging, labeling and advertising then saving of money is realized. 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. One is unable to use other products till they finish the one they have which shows lack of variety as a disadvantage. A disadvantage of bulk buying is perishability of some items which is enhanced 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.