Switch To Store Brands - Deepstash
Switch To Store Brands

Switch To Store Brands

Store brand products are often just as good as name brands. Make the switch to the bargain labels, and you'll slash 25-50 percent off of your weekly grocery bill. 

STASHED IN:

49

MORE IDEAS FROM Here Is a List of 7 Painless Ways That You Can Cut Your Spending

Use It Up

Before you buy something, see if you can find something you already own that'll meet your needs. This simple exercise will help you spend less and clear out some of the clutter in your home.

STASHED IN:

62

Ask For a Better Deal

Call all of your service providers —phone, Internet, cable, etc. — and ask them to give you a better deal. You may just be surprised at what they're willing to offer to keep your business. 

STASHED IN:

66

Shop To Save

Challenge yourself to save more every time you shop by looking for things on sale or clearance. When you're always on the lookout for a bargain, there's no end to the money that you can save; and soon it becomes a game that you look forward to playing.

STASHED IN:

53

Plan Meals

To be less tempted to eat out, plan what you'll make for dinner. Then, consult some free meal planners, shop for all of the ingredients, and try some new recipes. 

STASHED IN:

70

Shop With a List

To keep impulse shopping from taking hold of your budget, make a habit of shopping with a list. Jot down everything you need, and then only shop for those items.

If you are tempted to add an extra item to your cart, go home and think about it first. If you still want the item, add it to your next shopping list.

STASHED IN:

60

Carry Snacks

Eating out always costs more than eating at home. Avoid this cost entirely by keeping snacks on hand at all times. 

STASHED IN:

61

Deepstash helps you become inspired, wiser and productive, through bite-sized ideas from the best articles, books and videos out there.

GET THE APP:

RELATED IDEA

Myth: Shop Early for the Best Deals

While early holiday shopping can snag you discounts and the best selection, you are most likely to get the best deal just before holiday shopping.

Retailers need to move holiday-specific merchandise because they are seasonal items. You can probably score deals 20% and 30% deeper in December, while the same article will be slashed by 50% or 60% in January. Not every item should be left for the last-minute sale, but fun and unnecessary items can be bought as the holidays get closer or even post-holiday to stock up for other events.

STASHED IN:

170

Setting the right prices for your products

This is a balancing act. A low price isn’t always ideal, as the product might see a healthy stream of sales without turning any profit. Similarly, when a product has a high price, a retailer may see fewer sales and “price out” more budget-conscious customers, losing market positioning.

Ultimately, every small business will have to do its homework. Retailers have to consider factors like cost of production, consumer trends, revenue goals, and competitor pricing. Even then, setting a price for a product isn’t just pure math (numbers behave in a logical way; humans, not so much).

3

STASHED IN:

24

Brand name products

You don’t have to spend money on the big brand names.

Your local grocery or drug store might have a store brand or sell a generic version. In most cases, the ingredients are pretty much identical.

25

STASHED IN:

1.34K