generic brands http://www.wisebread.com/taxonomy/term/9795/all en-US Market Clones: How to Pay Drastically Less for Pricey Products http://www.wisebread.com/market-clones-how-to-pay-drastically-less-for-pricey-products <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/market-clones-how-to-pay-drastically-less-for-pricey-products" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/5219364058_89897a75d2_z.jpg" alt="checkout" title="checkout" class="imagecache imagecache-250w" width="250" height="166" /></a> </div> </div> </div> <p>A recent question posted to &ldquo;AskMeFi&rdquo; &mdash; the popular crowd sourced question and answer subsite of Metafilter.com &mdash; <a href="http://ask.metafilter.com/232782/Stepping-around-marketing-markups">asked users to suggest products that were priced differently</a>, depending on market and intended use. The example offered was food-grade mineral oil, which is costly when marketed and sold as butcher block oil, but inexpensive when marketed and sold as a laxative (as much as $1.74 per ounce versus as little as $.29 per ounce).</p> <p>Same product, different market, different intended use, different price. The next time I buy a bottle of butcher block oil, I'll visit RiteAid instead of Williams-Sonoma.</p> <p>How many other bargains like this are out there? (See also: <a href="http://www.wisebread.com/21-disposable-products-you-can-reuse">21 Disposable Products You&nbsp;Can Reuse</a>)</p> <h2>True Market Clones</h2> <p>The community came up with several clear market clones as well as a bunch of money-saving ideas that didn't <em>quite</em> satisfy the rules of the question (buy generics, look for private label alternatives, <a href="http://www.wisebread.com/couples-save-money-by-using-the-same-scents">use men's shaving cream instead of women's</a>, etc.). Here are a few of my favorite bona fide clones from that AskMe.</p> <p><strong>Super Absorbent Towels</strong></p> <p>Super absorbent towels <a href="http://www.speedousa.com/sports-towel.shtml">marketed to swimmers</a> cost more than super absorbent towels <a href="http://www.cleantools.net/products/mini-absorber/">sold to car owners</a>. If you don't mind drying off with a towel sold at the auto parts store, you can save as much as $5 per travel towel.</p> <p><strong>Sleeping Aids</strong></p> <p>Diphenhydramine, the stuff that makes you drowsy, costs more in sleeping pills such as <a href="http://www.drugstore.com/nytol-quickcaps-caplets/qxp15873?catid=183129">Nytol</a> ( $.25 per 25 mg tablet), than it does in antihistamines such as <a href="http://www.drugstore.com/benadryl-allergy-relief-ultratab-tablets/qxp11391?catid=183018">Benadryl</a> ($.21 per 25 mg tablet). Of course, generic versions are even cheaper.</p> <p><strong>Kitchen Twine</strong></p> <p>Cotton cord sold as baking twine or kitchen twine at the fancy kitchen supply store costs more than cotton cord sold as regular cotton cord at the hardware store &mdash; often two or three times as much per foot. Just make sure you get 100% cotton twine and <a href="http://www.foodbanter.com/general-cooking/167198-what-substitute-kitchen-twine.html">nothing with wax or artificial colors</a>, and your roast should come out fine.</p> <p><strong>Headache Medicine</strong></p> <p>Excedrin Migraine and Excedrin Extra Strength <em>are exactly the same product</em> except that Excedrin Migraine costs a dollar or more per 24 caplet bottle. Again, generics can save you even more.</p> <h2>Market Cousins</h2> <p>While not quite market clones like those above, these products are essentially the same, but are priced differently, depending on where they are sold and who they are sold to.</p> <p><strong>Gasoline</strong></p> <p>All the gasoline in your neighborhood &mdash; branded and unbranded &mdash; most likely comes from the same refinery, and meets the same federal standards for quality. Several major brands tout the efficacy of proprietary detergents they add after the product leaves the refinery, but the reality is that the distribution system <a href="http://blogs.platts.com/2010/08/23/unbranded_vs_br/#more-624">inevitably mixes additive and non-additive gasolines</a> alike. It's pretty much all the same gas.</p> <p><strong>Beauty Products</strong></p> <p>When I mentioned to my wife what I was working on, and that I needed more ideas, the first thing out of her mouth was &quot;<a href="http://www.wisebread.com/25-cheap-multi-purpose-beauty-products">beauty products</a>.&quot; Apparently there's a whole cottage industry devoted to this topic. So I'm not going there.</p> <p>However, these <a href="http://wellnessmama.com/1409/seven-natural-homemade-substitues-for-conventional-beauty-products/">seven natural substitutes</a> for toothpaste and lotion and so on come close to the rules of this game.</p> <p>And here's something interesting. After Proctor &amp; Gamble bought Clairol a few years ago, the base (but not the fragrance) of P&amp;G's pricey Pantene Ice Shine Conditioner was <a href="http://thebeautybrains.com/2007/06/24/are-you-cheated-when-a-company-sells-you-the-same-product-under-different-names/">exported to the cheaper Clairol Herbal Essences</a> Hydration Conditioner. Pantene performance at an Herbal Essences price.</p> <p>How many other beauty product manufacturers share formulations across product lines, I wonder?</p> <p><strong>Silver Cleaner</strong></p> <p>This is more of a DIY substitute, but the chemistry is cool (as is how easy it is), so I've included it in this list. <a href="http://www.wisebread.com/how-to-clean-silver-naturally">Baking soda, aluminum foil, and water</a>. You can't get more inexpensive than that.</p> <p><strong>Wraps vs. Tortillas</strong></p> <p>What's the difference between a <a href="http://whatever.scalzi.com/2012/01/27/todays-interesting-commerical-discovery/">wrap and a flour tortilla</a>? Only the price!</p> <p>This one is old news by now, but it's a good reminder that the ethnic aisle in your grocery store is usually a good place to find <a href="http://www.wisebread.com/16-cheap-low-cal-condiments-to-brighten-up-boring-food">spices and seasonings</a> at lower prices than the same or similar products stocked elsewhere in the <em>very same store</em>.</p> <p><em>Anything I've missed? What other common products are priced differently depending on market and use?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/lars-peterson">Lars Peterson</a> of <a href="http://www.wisebread.com/market-clones-how-to-pay-drastically-less-for-pricey-products">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-delayed-spending-tricks-that-help-pay-off-debt">7 Delayed-Spending Tricks That Help Pay Off Debt</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-kitchen-luxuries-that-are-worth-it-and-5-that-arent">5 Kitchen Luxuries That Are Worth It (and 5 That Aren&#039;t)</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/sure-savings-at-the-supermarket-how-to-save-25-on-9-staple-items">Sure Savings at the Supermarket</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/top-seven-reasons-why-i-use-my-credit-card-for-everything">Top 7 Reasons Why I Use My Credit Card for Everything</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-5-credit-cards-for-groceries">The Best Credit Cards for Groceries</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping ethnic food generic brands substitute Thu, 31 Jan 2013 11:24:35 +0000 Lars Peterson 967565 at http://www.wisebread.com 5 Kitchen Luxuries That Are Worth It (and 5 That Aren't) http://www.wisebread.com/5-kitchen-luxuries-that-are-worth-it-and-5-that-arent <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-kitchen-luxuries-that-are-worth-it-and-5-that-arent" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/luxury_kitchen2.jpg" alt="Two girls in a kitchen" title="Two girls in a kitchen" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>I love cooking. It's frugal, yes. But for me, it's more than that &mdash; cooking is a way to release stress, show people I love them, and (perhaps most importantly) feed myself delicious, healthy food.</p> <p>While I try to keep a pretty minimal and inexpensive kitchen, over the years,&nbsp;I have realized that there are certain luxuries that are well worth the cost. Here are five of my favorites &mdash; and five items that aren't so necessary. (See also: <a href="http://www.wisebread.com/7-time-saving-kitchen-tips-from-an-insider">7 Time-Saving Kitchen&nbsp;Tips From an&nbsp;Insider</a>)</p> <h2>Kitchen&nbsp;Luxuries That Are Worth It</h2> <p>There are some of my favorite things to keep in my kitchen.</p> <p><strong>1. Good Cookware</strong></p> <p>There are a couple of pieces of great news about quality cookware &mdash; first of all, you don't need a lot of it, and second of all, it's often easy to find second-hand. In fact, especially when it comes to baking supplies, I tend to prefer older baking sheets and cake pans &mdash; I've found that newer non-stick baking sheets almost always burn the bottom of my cookies. As for what you're putting on the stove top, a good cast iron skillet can do wonders. And if you do want a non-stick pan or pot, I recommend something from&nbsp;Calphalon &mdash; it's good quality, scratch-resistant, and long-lasting.</p> <p><strong>2. A Quality Knife</strong></p> <p>One good-quality chef's knife &mdash; kept sharp &mdash; can be the only knife you'll ever need.</p> <p><strong>3. Silpats</strong></p> <p>As I mentioned above, I prefer regular baking sheets over non-stick ones, and I'll line them with Silpats &mdash; silicone liners. Silpats are easy to clean, make it so you don't need to oil your pans, and don't burn what you're cooking.</p> <p><strong>4. Garlic Press</strong></p> <p>In general, I'm against highly specialized kitchen tools.&nbsp;But I will admit my love for the garlic press &mdash; instead of trying to mince clove after clove of garlic by hand (I'm a big garlic fan), the garlic press smashes the clove with one easy squeeze.</p> <p><strong>5. A Few Nice Ingredients</strong></p> <p>Cooking is a lot cheaper than going out, even when you buy a few pricer ingredients.&nbsp;I love little items that can add big flavor &mdash; fresh herbs, finishing salts, miso, truffle oil, and good olives are a few of my favorites.</p> <h2>Kitchen Luxuries I Can Do Without</h2> <p>There are situations when some of these are worthwhile, but here are five kitchen luxuries that I generally pass on.</p> <p><strong>1. A Dishwasher</strong></p> <p>First of all, let me say that I'm writing this as someone who currently lives alone &mdash; the more people in a house, I think, the more useful a <a href="http://www.wisebread.com/how-to-clean-your-dishwasher">dishwasher</a> can be. At first, I was bummed to move into an apartment without one, but then&nbsp;I realized that I used fewer dishes and washed them faster if my dirty ones sat in the sink instead of the dishwasher.</p> <p><strong>2. Highly Specialized Appliances</strong></p> <p>Crepe maker. Quesadilla maker. Waffle maker. These all clutter up your kitchen for foods that you make &mdash; what, once a month? Crepes and quesadillas can be made on the stovetop, and that waffle batter will also make lovely pancakes &mdash; take your waffle craving to a restaurant.</p> <p><strong>3. Most Name-Brand&nbsp;Foods</strong></p> <p>Most name-brand foods are equal or very similar to generics in terms of quality; they just have a bigger price tag.</p> <p><strong>4. A Microwave</strong></p> <p>I know that the microwave is a hotly contended kitchen item &mdash; if you do certain tasks a lot, like defrosting things from the freezer, a microwave might be worth it. Microwaves do, after all, use less energy than ovens for certain tasks. For the way I cook, though, it's not worth paying for a microwave or having it <a href="http://www.wisebread.com/7-ways-to-make-the-most-of-a-tiny-kitchen">clutter up my countertop</a>.</p> <p><strong>5. Brand-New Storage Containers</strong></p> <p>I do covet those <a href="http://www.crateandbarrel.com/kitchen-and-food/food-containers-storage/oxo-pop-rectangular-1.5qt-container-with-lid/s267786">neat pop-top containers</a>. But if you're looking for countertop and cupboard storage, there are plenty of bargains to be found at thrift stores. Mix-and-match glass jars and containers of various sizes can make for a very chic (and inexpensive) countertop. One time I even found a <a href="http://joannafesto.blogspot.com/2010/08/vintage-tupperware.html">vintage set of flour and sugar containers</a> almost exactly like my mom had when I was growing up.</p> <p><em>What are your favorite kitchen luxuries &mdash; and what can you do without?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/meg-favreau">Meg Favreau</a> of <a href="http://www.wisebread.com/5-kitchen-luxuries-that-are-worth-it-and-5-that-arent">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/cooking-for-beginners-10-recipes-for-kitchen-newbies">Cooking for Beginners: 10 Recipes for Kitchen Newbies</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-reusable-straws">The 5 Best Reusable Straws</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-thermoses">The 5 Best Thermoses</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-aluminum-and-stainless-steel-water-bottles">The 5 Best Aluminum and Stainless Steel Water Bottles</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-5-best-air-fryers">The 5 Best Air Fryers</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Food and Drink Home Shopping cheap kitchens Cooking generic brands luxury Thu, 23 Feb 2012 11:36:32 +0000 Meg Favreau 903365 at http://www.wisebread.com 5 Ways to Save Money on Everyday Expenses http://www.wisebread.com/5-ways-to-save-money-on-everyday-expenses <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-ways-to-save-money-on-everyday-expenses" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000009438380Smallcr.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>&quot;There's no such thing as a free lunch&quot; is a phrase we often hear. That's certainly true, but even if you can't have it for free, any little bit of savings helps, right? Luckily for us, there are ways to spend less on practically everything as long as you look for proven strategies. Here are five ways to save on your everyday expenses.</p> <h3>Go Generic</h3> <p>Whether it's the brand of spaghetti that you are used to or a prescription drug that helps you feel better, chances are good that there is a generic brand that costs less. In the case of food, it might taste a little different, so weigh the pros and cons. But when it comes to something like pills, they are medically proven to work the same, so make a change and lighten the load on your wallet. (See also: <a href="http://www.wisebread.com/generic-drug-price-lists-for-six-major-pharmacies">Generic Drug Price Lists for Six Major Pharmacies</a>)</p> <h3>Get 0% Balance Transfer Credit Cards</h3> <p>This is only for those who already carry a high balance, but with credit card interest rates going up, it makes no sense to pay that ridiculously high APR when you can just apply for a credit card with a 0% balance transfer rate.</p> <h3>Refinance</h3> <p>Rates are creeping back up, but if you are still holding onto a 6%+ interest rate on your mortgage, then it's definitely time to look into whether you can refinance at a lower rate.</p> <p>You do pay fees in most cases, but as long as the difference in interest rates is big enough, the move will be worth it. With a $10,000 balance, you could be talking about $2,000 in interest payments every year!</p> <h3>Re-Shop Your Insurance Policies</h3> <p>With the help of the internet, it's painless to comparison shop. And when it comes to insurance premiums, it really pays to take a look at your policies regularly to see if a competitor can offer you a lower price, since your situation is always evolving.</p> <h3>Change the Way You Shop</h3> <p>Frugality is gaining ground in our society, but the majority of people still always pay full retail prices. Tricks such as shopping off-season, buying at <a href="http://www.wisebread.com/things-you-might-not-know-about-your-local-thrift-store">thrift stores</a>, clipping <a href="http://couponshoebox.com/">online coupons</a>, or limiting your shopping sprees to only outlet malls are all fairly easy ways to save money and still get the same quality that you are used to.</p> <p>It takes discipline to not just whip out your credit card whenever you see something you want at the store, but eventually, the money you are able to save will convince you to be patient. The key to success is to start somewhere and continue to make improvements.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/david-ning">David Ning</a> of <a href="http://www.wisebread.com/5-ways-to-save-money-on-everyday-expenses">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-0-balance-transfer-credit-cards">The Best 0% Balance Transfer Credit Cards</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/47-simple-ways-to-waste-money">47 Simple Ways To Waste Money</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/america-is-the-no-vacation-nation">America Is the No Vacation Nation</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/11-simple-rules-of-excellent-houseguest-etiquette">11 Simple Rules of Excellent Houseguest Etiquette</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-new-things-to-do-today">25 New Things to Do Today</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Lifestyle balance transfer cards generic brands refinancing Wed, 23 Feb 2011 13:36:13 +0000 David Ning 493689 at http://www.wisebread.com Save a $100,000 with a Do It Yourself Taste Test http://www.wisebread.com/save-100000-with-a-do-it-yourself-taste-test <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/save-100000-with-a-do-it-yourself-taste-test" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/34624584_8835307f59_z.jpg" alt="taste test" title="taste test" class="imagecache imagecache-250w" width="250" height="166" /></a> </div> </div> </div> <p>At Wise Bread we've written numerous times about the cost savings of buying store brand items instead of national brands. We've even discussed the fact that in Consumer Reports and on other surveys <a href="http://www.wisebread.com/losing-the-store-brand-stigma">store brands often outperform national brands</a>.</p> <p>Yet, we (as a society) continue to spend billions of dollars on brand name items when the generic brand may be produced by the same company. According to Consumer Reports (via <a href="http://www.mainstreet.com/article/smart-spending/bargains/deals/store-v-name-brands-should-you-go-generic">Mainstreet</a>) this includes the makers of Reynolds Wrap, McCormick Spices, and Birds Eye Veggies.</p> <p>So, if we know the cost savings is guaranteed and others tell us the the store brand may be just as good, why do we still buy the national brand?</p> <p><strong>Well, I buy the national brand when I think it tastes (or works) better.</strong></p> <p>For items like milk, pasta, sugar, peanut butter, flour &mdash; pretty much any staple or baking product &mdash; I always buy the generic brand. Why? Because I bake or add these items to something else and don't notice the difference.</p> <p>But, what about cereal, soda, or ice cream? I, along with many others, tend to buy the national brand because I think it tastes better. In fact, these are items that I can save even more on &mdash; from <a href="http://www.wisebread.com/sure-savings-at-the-supermarket-how-to-save-25-on-9-staple-items">30-60%</a> by purchasing the store brand. (See also: <a href="http://www.wisebread.com/how-to-grocery-shop-for-five-on-100-a-week" title="How to Grocery Shop for Five on $100 a Week">How to Grocery Shop for Five on $100 a Week</a>)</p> <p>We're not talking about a few cents either. Using the <a href="http://www.savvy-discounts.com/calculate/family_budget/generic_brand_name_savings.html">generic store brand calculator</a> I ran some calculations. If an average family of four who currently spends $75 a week on groceries (the national average) switched to store brands on half of their grocery items, they would save over $100,000 over the course of a lifetime. (If they invested the savings at a 5% rate of return.) And that doesn't even include non grocery items like toilet paper, lotion, over the counter drugs, etc.</p> <p><strong>So, how do you actually save this much money?</strong></p> <p>I recommend conducting your own <strong>blind taste test</strong> for items that you currently think taste better.</p> <p>Personally, I refuse to buy generic brand Coco Puffs (my guilty pleasure). So, today when I went to Target, I purchased two boxes of chocolate cereal: one box of Coco Puffs for $2.54 and one box of Coco Comets for $1.75.</p> <p>We conducted a blind taste test in our house. In the end, I preferred (just slightly) the Coco Puffs due to their taste and texture. But my spouse preferred the Coco Comets.</p> <p>While the generic brand didn't win, had this been a frequently purchased item, I might have been willing to sacrifice my very slight preference for cost savings. Since I only buy this cereal a few times a year, I would rather indulge.</p> <p>Performing a do it yourself blind taste test is an excellent way to see if those national brands you <em>think</em> taste better, <em>actually</em> taste better.</p> <p>I think next on my list may be ice cream for a blind taste test.</p> <p><em>What national brand items do you think taste better? (And have you ever actually compared?)</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/elizabeth-lang">Elizabeth Lang</a> of <a href="http://www.wisebread.com/save-100000-with-a-do-it-yourself-taste-test">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-kitchen-luxuries-that-are-worth-it-and-5-that-arent">5 Kitchen Luxuries That Are Worth It (and 5 That Aren&#039;t)</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/sure-savings-at-the-supermarket-how-to-save-25-on-9-staple-items">Sure Savings at the Supermarket</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-make-moonshine">How to Make Moonshine</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/horizon-organic-milk-is-it-all-just-lies">Horizon Organic Milk: Is it All Just Lies?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/7-places-to-find-free-or-cheap-groceries">7 Places to Find Free or Cheap Groceries</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Food and Drink generic brands taste test Fri, 30 Oct 2009 15:00:02 +0000 Elizabeth Lang 3779 at http://www.wisebread.com Sure Savings at the Supermarket http://www.wisebread.com/sure-savings-at-the-supermarket-how-to-save-25-on-9-staple-items <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/sure-savings-at-the-supermarket-how-to-save-25-on-9-staple-items" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/2259224024_d5ac7518e5_z.jpg" alt="shopping cart" title="shopping cart" class="imagecache imagecache-250w" width="250" height="166" /></a> </div> </div> </div> <p>There's not much price difference on national brands among stores, but there is one way you can definitely save big.</p> <p>I've priced a market basket of 9 staple items at two nearby supermarkets &mdash; our two large regionals are Hannaford and Shaw's &mdash; and share the results here with you. I also invite you to price these items in your area and post the results here on Wise Bread.</p> <p>The great majority of Americans live within a few miles of competing grocery stores, so you expect their prices to be competititve, and they usually are. But, the savings really add up when you compare the prices of their <strong>store brands </strong>both to the national brands, and to each other. I've included store brand items in my market basket pricing so you can clearly see the savings. (See also: <a href="http://www.wisebread.com/5-things-other-grocery-stores-should-steal-from-trader-joes" title="5 Things Other Grocery Stores Should Steal From Trader Joe's">5 Things Other Grocery Stores Should Steal From Trader Joe's</a>)</p> <p>Before we check out the market basket, a word first about store brands, which are also called private labels. They are not offered on all products, but are certainly available on most of the staple items you buy week after week. We know you can save money buying store brands, so the question really is one of <strong>quality</strong>: Is it comparable to what you get with a brand label?</p> <p>I have always bought store brands, and with very few exceptions, have found them to be good quality, and a good value. Private labels traditionally have been produced by the name-label companies, usually to the <a href="http://www.wisebread.com/save-100000-with-a-do-it-yourself-taste-test">same standards</a>, although occasionally a private label may have its own product specifications. The one store brand item I have found repeatedly disappointing is dish detergent.</p> <p>Below is the list of market basket items, the name brand, that price at each of the two area chain supermarkets and the price for the store brand at each store. Pricing was done on Saturday, September 13, no sale prices were included.</p> <p>&nbsp;<img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u4/chart1.png" alt="food cost chart" title="food comparison chart" width="474" height="486" /></p> <p>While the difference between stores on national brands, and even on store brands, isn't terribly significant, the difference at&nbsp; either store between name brands and private labels <strong>IS substantial</strong>. These are the total market basket costs for the nine items:</p> <table border="0" width="500" height="84"> <tbody> <tr> <td align="center"> <p>Hannaford National Brands</p> </td> <td align="center"> <p>&nbsp;Hannaford Store Brands</p> </td> <td align="center"> <p>&nbsp;Shaw's National Brands</p> </td> <td align="center"> <p>&nbsp;Shaw's Store Brands</p> </td> </tr> <tr> <td align="center">&nbsp;$22.45</td> <td align="center">&nbsp;$17.84</td> <td align="center">&nbsp;$24.07</td> <td align="center">&nbsp;$18.16</td> </tr> </tbody> </table> <p>&nbsp;</p> <p><strong>The bottom line is clear</strong>. You can save approximately <strong>20-25%</strong> by buying store brands when they're available. Now, <em>that's</em> a good saving strategy!</p> <p>&nbsp;</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mary-webber">Mary Webber</a> of <a href="http://www.wisebread.com/sure-savings-at-the-supermarket-how-to-save-25-on-9-staple-items">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-8"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/supermarket-savings">Supermarket Savings Guide</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/25-low-cost-foods-packed-with-nutrition">25 Low-Cost Foods Packed With Nutrition</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-affordable-alternatives-to-the-grocery-store">10 Affordable Alternatives to the Grocery Store</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-best-and-worst-times-to-go-grocery-shopping">The Best and Worst Times to Go Grocery Shopping</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-only-15-foods-that-are-worth-buying-organic">The Only 15 Foods That Are Worth Buying Organic</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Food and Drink Shopping generic brands grocery shopping store brands supermarket Wed, 17 Sep 2008 15:10:34 +0000 Mary Webber 2435 at http://www.wisebread.com