Any smart businessman will tell you that the secret of making profits is in knowing when to buy to in bulk a commodity. We are not talking about the concept of hoarding and creating a rapture of supply to create a devastating demand. Many unethical businesses employ such methods to make money unlawfully. When a product is in season, these merchants of doom pull their commodities out of the market, the buyers have a need and search it everywhere in the market. When people cannot buy the requirement and are tired from searching the product around, these greedy businesses open a tiny shop in the corner, telling people that the commodities are still scarce and charging a high amount of money for it. People who have nowhere to turn do not have an alternative option than buying small quantities of this product for a hefty cost.
The Ethical Side of the Business
Buying in bulk is not always immoral. If done right, it is entirely ethical and can benefit people and the business person. Take, for example, the low bed trailer manufacturers in UAE; you will see that they can carry bulk shipments from one place to another. People who can supply a product to remote areas where people have easy access can charge a little higher and make tons of rightful profits from this business model. In this manner, the people do not have to travel to faraway places for finding a quality product, and the business can find a place that has a high natural demand for their supplies. Most consumers prefer to buy from a business that is considerate and wants to leave a practice that has taken advantage of their vulnerability. Therefore, doing an ethical company is more profitable in the grand scheme of things.
More than 60% of businesses rely on the services of tank manufacturers in UAE. These vast vessels help the industry to shift large amounts of commodities from one place to another. It is almost impossible to hoard perishable goods like groceries, fruits, and vegetables; nevertheless, the market is full of people who will try to create an artificial shortage to make unnatural profits. The government officials keep a watchful eye on these businesses and confiscate and shut down such a company after legal action. The average consumer should be more educated and insightful about the current state of the industry and be careful about buying from unreliable companies.