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 ?
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.
The bulk buying that shrewd buyers are going for now has emphasis on long life.
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.
The 1960s saw a proliferation of self-service supermarkets, which, in turn, led to huge out-of-town superstores, encouraging one-stop bulk buying.
They would rather have the savings without bulk buying.
The Official Charts Company, which highlights any record bulk buying, began to monitor sales to combat irregularities first spotted in the 1980s.
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.
Within only eight months, Swig and Burris increased the annual income of the building by 102 percent, and with bulk buying and reworking the operation, expenses went down by 31 percent.
will completely avoid the type of waste and inefficiencies inherent in systems constrained by bulk buying and selling via rate cards.
According to Enersave executives, the firm expects to be able to deliver electricity to office buildings at a discount of 10 percent or more (the result of bulk buying for a pool of customers).
When the first warehouse clubs hit the streets more than 20 years ago, consumers were baffled by the new phenomenon of bulk buying.