Private Labels Are the Secret to Saving More on Your Grocery Expenses
When you’re walking down the grocery store aisle, the choices can be daunting. On one hand, you see Store brand savings well-known brands, with their vibrant packaging and heavy advertising. On the other hand, there are generic items, which are often cheaper but less familiar. Choosing store brands can be a smart way to save money without sacrificing quality.
Private label products are manufactured by outside manufacturers, under the store’s brand. Often, these items are very similar to their name-brand counterparts. The main difference? Store brands don’t come with the high costs of advertising that name brands build into the price.
Many people think that cheaper products are lower quality, but research studies have shown that shoppers frequently can’t tell the difference generic brands and popular brands. In particular when it comes to basic pantry staples like canned goods, the product is practically identical.
For over-the-counter medications, the active ingredients are monitored and must meet the same standards, so whether you’re buying name-brand pain relievers or generic pills, you’re receiving a similar product at a fraction of the cost.
In additional areas like paper goods, it may seem more hesitant to switch to generics, though you might be surprised. In case a cleaner isn’t quite right, the savings will compensate over time. Many retailers even provide return policies on store-brand products, eliminating the risk to try.
The important thing is that you don’t have to go all-in at once. Swap out a few staples at first—such as baking ingredients, household items, or snacks. Over time, you'll likely notice how much you’ve saved. By being open to private labels, you can make a big difference in your household budget without feeling like you’re sacrificing quality.