Running your own business or working from home? Have you considered buying office supplies in bulk to save? Will it help? Chances are office supplies are something you rely on each and every day, and they probably make up a significant amount of your expenses as well. Because of this, you might be tempted to purchase them in bulk to save money and ensure you always have what you need on hand.
But is it the best choice? Many recent studies have indicated that buying in bulk isn’t always the big money-saver we think it is. To figure out if buying in bulk will save you money, keep the facts below in mind.
When you buy wholesale, you are buying in bulk. But when buying in bulk, you are not necessarily buying wholesale. Bulk retailers, such as SAMs and Costco, allow you to purchase a lot at once for a discount, but you are still paying retail prices. If you can buy your office supplies wholesale, the savings should be enough to make the purchase worth it. If not, you need to look at other variables.
When purchasing from bulk stores, rebates are almost never an option. However, office supply stores frequently offer rebates that can significantly reduce the price of the supplies you need. If there is a rebate available, you are likely to be better off just buying the items at the office supply store. If not, you need to price compare between the office supply store and the bulk store.
You might think that office supplies are a safe item to buy in large quantities because they don’t go bad like food. Well, you might be surprised. The ink in pens can become dry, as well as the ink in your printer cartridges. The adhesive on your post-it notes can become less effective, and your paper can start to yellow. If you do not go through supplies quickly enough, you could be wasting a significant amount of money.
Can purchasing office supplies in bulk save you money? Yes, it absolutely can. However, it all depends on your situation