{"id":132521,"date":"2016-08-07T19:15:33","date_gmt":"2016-08-07T17:15:33","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=132521"},"modified":"2016-08-05T19:35:24","modified_gmt":"2016-08-05T17:35:24","slug":"how-much-money-you-save-when-you-buy-household-goods-in-bulk-in-sa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/finance\/132521\/how-much-money-you-save-when-you-buy-household-goods-in-bulk-in-sa\/","title":{"rendered":"How much money you save when you buy household goods in bulk in SA"},"content":{"rendered":"

With a tough economy leading South African households to pinch their pennies at the till, consumers are looking at more ways to save money on groceries and other household products.<\/p>\n

One way to cut costs is to shop smarter – by purchasing some of the most-used household items in bulk, and subsequently cutting down on having to stock up on the products every week or so.<\/p>\n

Some smaller communities and social groups have even turned to “bulk-buying clubs”, where everyone pays in to get specific items in bulk, saving money in the process.<\/p>\n

There is some debate over whether or not bulk buying is an effect cost-saving tool – with analysts arguing that having an abundance of a specific item may lead to heavier consumption, or that shoppers simply by items that they wouldn’t typically use.<\/p>\n

It has been suggested that it’s more cost-effective to simply use less, or to switch to a cheaper brand.<\/p>\n

However, for those who are sticklers for specific brands – and know which products they use regularly – buying bulk could help you save money in the long-run.<\/p>\n

BusinessTech looked at the prices of bulk costs (from Makro) versus individual costs of some popular most-used products in South Africa, and determined how much shoppers would save.<\/p>\n

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Product<\/th>\nType<\/th>\nAmount<\/th>\nBulk Price<\/th>\nBulk Per item cost<\/th>\nIndividual Price<\/th>\nTotal at bulk amount<\/th>\nSaving (%)<\/th>\n<\/tr>\n
Cereal<\/td>\nKellogg’s Corn Flakes, 500g<\/td>\n28<\/td>\nR779.95<\/td>\nR27.86<\/td>\nR29.99<\/td>\nR839.72<\/td>\n7.1%<\/td>\n<\/tr>\n
Coffee<\/td>\nFrisco, 250g<\/td>\n6<\/td>\nR188.95<\/td>\nR31.49<\/td>\nR31.99<\/td>\nR191.94<\/td>\n1.6%<\/td>\n<\/tr>\n
Flour<\/td>\nSnowflake Self Raising Flour, 2.5kg<\/td>\n8<\/td>\nR260.00<\/td>\nR32.50<\/td>\nR34.99<\/td>\nR279.92<\/td>\n7.1%<\/td>\n<\/tr>\n
Laundry<\/td>\nOMO Multiactive, 500g<\/td>\n36<\/td>\nR626.95<\/td>\nR17.42<\/td>\nR18.99<\/td>\nR683.64<\/td>\n8.3%<\/td>\n<\/tr>\n
Nappies<\/td>\nHuggies Dry Comfort Size 4<\/td>\n4<\/td>\nR589.95<\/td>\nR147.49<\/td>\nR168.90<\/td>\nR675.60<\/td>\n12.7%<\/td>\n<\/tr>\n
Spread<\/td>\nBlack Cat Peanut Butter No Sugar, 400g<\/td>\n14<\/td>\nR333.75<\/td>\nR23.84<\/td>\nR26.99<\/td>\nR377.86<\/td>\n11.7%<\/td>\n<\/tr>\n
Rice<\/td>\nTastic Parboiled rice, 2kg<\/td>\n10<\/td>\nR263.95<\/td>\nR26.40<\/td>\nR26.99<\/td>\nR269.90<\/td>\n2.2%<\/td>\n<\/tr>\n
Salt<\/td>\nCerebos Table Salt, 500g<\/td>\n20<\/td>\nR248.00<\/td>\nR12.40<\/td>\nR13.89<\/td>\nR277.80<\/td>\n10.7%<\/td>\n<\/tr>\n
Sugar<\/td>\nSelati White Sugar, 2.5kg<\/td>\n10<\/td>\nR343.95<\/td>\nR34.40<\/td>\nR38.99<\/td>\nR389.90<\/td>\n11.8%<\/td>\n<\/tr>\n
Tea<\/td>\nFive Roses tagless teabags, 100s<\/td>\n48<\/td>\nR1 546.95<\/td>\nR32.23<\/td>\nR32.99<\/td>\nR1 583.52<\/td>\n2.3%<\/td>\n<\/tr>\n
Total<\/strong><\/td>\n<\/td>\n<\/td>\nR5 182.40<\/strong><\/td>\nR358.15<\/strong><\/td>\nR394.72<\/strong><\/td>\nR5 569.80<\/strong><\/td>\n7.0%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n

Overall, buying the listed items on an individual basis in the same quantity would be 7.5% more expensive than buying the items in bulk.<\/p>\n

Of course, the value of bulk buying extends only so far as consumers are able to pay the up-front cost of buying in such large quantities.<\/p>\n

Notably, in hunting down the prices for the comparison above, it must be noted that several promotions were taking place on individual items (prices presented are non-promotional for comparative purposes).<\/p>\n

This reinforces sentiments that, if saving money is your ultimate goal, looking for good deals can sometimes yield better savings than simply buying in bulk.<\/p>\n

But because promotions and deals are temporary and not always consistent, consumers may need to shop around to benefit.<\/p>\n

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Do you buy products in bulk to save money?<\/strong><\/p>