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 ?
Mr Zikalala says the bulk buying and warehousing programme marks a significant achievement by the KZN provincial government and the people of KwaZulu-Natal at large.
"We will place restrictions on the quantities of goods purchased in order to control the phenomenon of bulk buying by smaller groceries looking to sell products at inflated prices." Kumar says a price freeze has already been implemented on certain products and will apply to all selected commodities by the end of next week.
And will you have a drink yourself?" The bulk buying that shrewd buyers are going for now has emphasis on long life.
Bulk buy: Whether you are buying drinks for the holiday season, sweets for stocking fillers or snacks for Christmas parties, you will be surprised at how much you can save by bulk buying products on offer.
But it has emerged "bulk buying" could be voided and discounted from overall chart figures.
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.
Police recovered a bulk buying user's stash of cocaine and ecstasy when they raided his home.
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.
They would rather have the savings without bulk buying.
Asda stores will limit sales of the pounds 5 books to just two per person to prevent 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.