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 ?
But some MSPs have warned that retailers are also looking at removing quantity discounts but then marking down single bottles to whatever the price would have been as part of a bulk-buy deal.
WHEN shopping in a supermarket, beware of the bulk-buy bargains.
One way the Scottish government could help would be to bulk-buy fuel on behalf of hard-up customers, they said.
Good franchisors can also help secure funding for your invest- ment as well as discounted bulk-buy supplies for outlets when you are in operation.
THE Scottish government are to bulk-buy electricity for the whole public sector in a move to save taxpayers' money.
CONSUMERS who bulk-buy nappies can end up paying over the odds, a new survey has revealed.
Ray Boulger, of John Charcol, said: "The real boon of bulk-buy is that the deals just keep getting better as borrowers act together to drive rates down.
Initial bulk-buy mortgages being offered include a two-year discounted deal from Birmingham Midshires Building Society.