grocery shopping
experts have long touted buying store brands as a great savings
strategy, consumers are finally paying attention. Maybe too much
attention.
Nearly 40% of shoppers purchased more store-brand items over the past year, according to a new survey from research firm Accenture. Two-thirds of shoppers say half of what they buy carries a store-brand label. The main reason: the prices beat those of the big brand names. In most cases, consumers aren’t sacrificing taste, either, because the same big brand producing say, canned veggies, is also responsible for packaging the store’s line.
Though
Nearly 40% of shoppers purchased more store-brand items over the past year, according to a new survey from research firm Accenture. Two-thirds of shoppers say half of what they buy carries a store-brand label. The main reason: the prices beat those of the big brand names. In most cases, consumers aren’t sacrificing taste, either, because the same big brand producing say, canned veggies, is also responsible for packaging the store’s line.
Though
MORE AT SMART MONEY
“Quality
has really gone up,” says Jill Cataldo, founder of Super Couponing
workshops. Stephanie Nelson, the founder of CouponMom.com, agrees. “Some
stores actually have several tiers of private labels,” including
gourmet and organic products, she says.
(See also: Here come the summer Facebook scams)
But in some cases, consumers are better off sticking with the brand names they know and love, experts say. Those trying out store brands should “start small,” Cataldo says. “Buy one, not 12, to make sure you like it.” Here are five product categories that may warrant caution:
Paper products
Store-brand paper towels, paper plates and other goods can be of varying quality. The toilet paper rolls are often smaller and lighter, says Teri Gault, founder of price-tracking site TheGroceryGame.com. Plates might be flimsier, and towels or tissues may be less absorbent, meaning you’ll need to use more than you might with a brand name, negating savings
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