Updated: December 7, 2020
The price of items is cheaper when they are sold in bulk. This is a fact in almost every case. Always remember this when shopping, especially at the grocery.
This is a real way to stash away some extra cash in your pocket. And here are some guidelines to help you start with your wholesale experience:
How to buy in bulk in save money
1. List it down.
List down the things that you often buy and determine which ones you can afford to buy in bulk. Usually, these are items that you use every day like tissue paper.
This list doesn’t have to be long, simply start with your necessities.
2. Be a member.
Enroll yourself in a warehouse club. There is a membership fee, but the items are sold cheaper. And those that are usually sold retail in groceries are available in bulk in these stores, such as canned goods.
Besides, these warehouse clubs regularly give away promotional items and freebies to their shoppers.
3. Buy generic.
Always purchase generics whenever you can because these are usually the ones being sold in bulk. Go through your list and determine which ones you can sacrifice on quality and invest in quantity.
Cooking condiments and seasonings such as vinegar, soy sauce, and salt are your best candidates for this category.
4. Mind the shelf life.
Be aware of the shelf life of your items. Avoid buying products which will spoil before you have the chance to use it. Always consider the rate of your consumption to be able to determine the quantity you need.
One strategy I use is to tell my neighbors and friends about my plans to shop and ask them if they’d like to share the expenses for some items.
Not only am I helping them save money on bulk prices but I’m also saving them the time and trouble of going to the grocery.
5. Prepare your space.
Prepare your home for the influx of stocks. This is a good opportunity to organize and clean up your house.
Be sure that you will have enough and appropriate space for storage or else you will be compromising the shelf life of your products.
6. Go big.
If you don’t have the budget to buy in bulk or if you don’t want to stock on a particular product then consider just buying the largest available size for the merchandise.
Personally, I often switch shampoo brands so I prefer not to buy these in bulk but I would always buy the biggest size available whenever I buy one.
Be aware though that because larger sizes would require more expensive packaging, some items are not cheaper in size.
Do some simple math by dividing the price of the item against its weight or volume and see which one is cheaper on a per-unit basis.
7. Do the math.
Lastly, try to compute if the items are really cheaper in bulk. Simply divide the price by the quantity and see if it’s less than the retail price.
You’ll be surprised that some items are actually more expensive (maybe because of the packaging) or they cost the same in retail.
Obviously, you can skip buying these products in bulk. I learned this the hard way when I bought a particular laundry detergent, but I’m much wiser now.
Do you have any more tips when buying in bulk? Please share them below in the comments section. Thanks!