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 ?
Tesco have been slammed for continuing to offer bulk-buy deals to Scots over the internet.
Ioannou thinks that by adopting a bulk-buy "Wal-Mart style" of retailing he can capture the burgeoning e-commerce market at a time when PC use is still fairly low.
A new law aimed at tackling the country's drink problem means businesses in Scotland won't be allowed to offer cheap deals to customers who bulk-buy alcohol from today.
Members of the North East Trading Standards Association checked out bulk-buy meat bargains designed to tempt shoppers.
6m [pounds sterling] this year in lower prices, bulk-buy offers and a loyalty scheme for its Spar retailers in south Wales and much of the south of England.
HOUSEHOLDS will be able to save money on gas and electricity by clubbing together to bulk-buy at a discount under a new scheme.
There were a total of 13 of them and he had been assigned to bulk-buy cocaine for the weekend.
WHEN shopping in a supermarket, beware of the bulk-buy bargains.