Our next blog post within the #WaysToSave series look less into how you save money, but rather how you spend it. We give some useful tips about how you can save money on the products you buy, simply from buying in bulk.
For consumers today, technology has made it incredibly easy access bulk-buy savings.
When you think of your regular shop, how much of the products you buy are actually perishable? Take your average supermarket with 20 aisles, its likely only about 5 of the aisles have fresh products like fruit, vegetables, meats etc.
This means that you can get away with buying the large proportion of the products you buy in bulk and storing them at home, then you’re not paying the premium for having the supermarket store these goods until the point you want to consume them.
The list of products you can buy in bulk is endless, nappies, wipes, cleaning products, tinned goods, drinks, alcohol and more…there really is no limit (except the amount of space you have in your home) to save money from buying in bulk.
If you’re up for giving it a go, there’s a number of ways you can do it:
Capitalising on Supermarket Offers
When you do your weekly shop, sometimes retailers do really desirable offers on products that they likely run to purely clear inventory. If you see something that you regularly use and the use by dates are good for a year, maybe bulk buy it at a great price to see you straight for the next few months.
One example I recently saw was Nestle Azera being sold at £2.89 a can, down from £5.89 – a pretty good deal. Think about it like this, our house would go through a can a fortnight, so by buying 26 cans for the year you will save yourself £76 for the year!
Whilst supermarkets often have great deals, they are really set up for regular visits and the amount of bulk buy options are limited. If you want to take bulk buying seriously why not sign up for Costco, Makro or a wholesale discount store.
Historically many of these chains with for small businesses only, requiring you to have a registered business, however in recent years they’ve let, for a price of around £60/year, the general public in.
If this is the route for you, here’s a tip! Set your list of what you want to buy and stick to it! Otherwise you’ll end up walking about with great priced items that you really don’t need.
Subscribe and Save
Lastly, Amazon (as well as other eCommerce providers) offer a service called Subscribe & Save. The premise is simple, you get big savings from subscribing to the products you regularly use. According to Amazon you “[can] save up to 15% when receiving 5 or more subscriptions in a single delivery”.
Whilst its labelled a subscription, there’s no commitments so you can cancel when you like, but rest assured Amazon try super hard to keep you engaged with timely reminders to ensure your deliveries are full!
Personally, as a family of four with 2 under 4, bulk buying doesn’t just help me save money, but time too, giving me more time to spend at home with my kids, rather than dragging them round Tesco’s of a weekend!
If you’ve got a story about how you save money by buying in bulk we’d love to hear from you. Simply email is at email@example.com.