bulk buying


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Bulk Buying

The act or practice of buying a large quantity of a good at once. This may occur at either the retail or the wholesale level. For example, a coffee shop purchases coffee in bulk because it needs to sell to its customers. An individual may buy the same amount simply because he/she does not want to go shopping for it very often. Bulk buying is often less expensive per unit because marginal costs tend to decrease the more a company produces or sells.

bulk buying

the purchase of raw materials, components and finished products in large quantities, which enables a BUYER to take advantage of DISCOUNTS off suppliers' LIST PRICES. A supplier may offer a price discount to encourage the placement of large orders as a means of obtaining extra sales. In many cases, however, the initiative lies with buyers, with powerful retailing and wholesaling groups exacting favourable price concessions from suppliers by playing one supplier off against another. See RETAILER, WHOLESALER, CHAIN STORE.
References in periodicals archive ?
The council gains a five per cent discount on bulk buying although the operators have offered them twice this incentive.
Like the chains that are growing in the secular market, Family Christian has the advantage of bulk buying and often gives discounts on its merchandise.
As momentum grows for performance-based contracting and bulk buying pools, drug companies will need new kinds of strategic ideas that simultaneously create markets and improve health outcomes.
Balance the cost savings you may achieve with bulk buying with the cost of having capital tied up in large volumes of dormant stock and storage space.
Asda stores will limit sales of the pounds 5 books to just two per person to prevent bulk buying.
Police recovered a bulk buying user's stash of cocaine and ecstasy when they raided his home.
Package size polarisation is also expected, with more small packs for snacking and large packs for bulk buying convenience, but fewer and fewer mid-range "family" packs.
NEIGHBOURS in Gibbet Hill, Coventry, have teamed up to beat the burglar - by bulk buying house alarms.
The Energy Aggregation Committee was created to take advantage of deregulation within the energy industry and to enable all BOMA members to receive greater savings and benefits by being part of a large bulk buying effort.
IntegraMed supports its physician practices with strong consumer-oriented marketing, software systems to enhance effectiveness and efficiency, and bulk buying of drugs and lab supplies to lower costs.
Includes extensive training, long term support, advertising, promotional, system support, inventory control & buying support - bulk buying.
A spokesman for the paper confirmed last night that they have no idea why this bulk buying occurred as they had covered nothing unusual.