10 Top Tips for Smart Bulk-Buying
Discount deals are encouraging people to bulk-buy, but it’s important to be savvy if you want to avoid waste later on
Nine in 10 shoppers claim to be committed bulk-buyers, new research has found.
Across the world in the UK, one in 10 people are stockpiling grocery items as a reaction to Brexit and uncertainty over how it will affect prices. So far, these shoppers have spent an average of £214/AED1,001.60 on items for their “Brexit cupboards”.
The top 10 most popular items for people to bulk-buy are:
- toilet paper
- washing powder
- shampoo and conditioner
- baked beans
- frozen food
But for many, their bulk-buys can often end up going to waste, with 44% of consumers admitting they eventually throw away goods they’d previously stocked up on.
In terms of why, some say they simply forget about the extra items they’ve bought, while others miss the chance to use them before they go out of date. Bulk-buys can also end up in the bin because there’s nowhere at home to store them.
Adam Bullock, UK director of TopCashback.co.uk says: “Bulk buying is often not as savvy as it seems. Consumers are throwing goods in the bin and money down the drain by stocking up on items they either have no immediate use or space for.
“It can be done right when buying non-perishables and items like toilet roll, but it takes time and planning to make sure it works for you and you’re getting the best deals.”
Keen to stock up? Here are some top tips for being a clever bulk-buyer…
1. Do your maths
Special offer labels can be enticing, but work out the cost per item or per gram to see how much you could save by buying multiple items rather than just one or two – it may not be as much as you think or anything at all. Use the calculator on your mobile phone if you need to.
5. Make more use of the freezer and canned foods
Don’t bulk-buy perishable goods unless you’re able to use them immediately – or see if some can be frozen.
6. Check how much storage space you have before going shopping
A lack of space could result in having to throw items away to make room for new purchases.
8. Join forces
Pairing up with friends, family or colleagues means you can split the purchase and still end up with the same deal but without a large amount of stock to store at home.
9. Make note
Keep a note of sell-by-dates on items and make sure you are using products before buying more.
10. Only use the amounts you really need
Having an overflowing amount of items can encourage people to use bigger amounts in a more wasteful way, knowing they have a back-up.