Want to stop overpaying for foam every single month?
What every expanding foam-using business desires are the same things. Quality materials at a cost that won’t devour your margins. Because lower material expenses mean:
- Bigger profit margins
- More cash to grow
Here’s the problem:
The majority of small businesses purchase foam one order at a time. Sure, it feels safe. What it actually does is quietly cost you a small fortune each year. If you want to trim costs, you need to be purchasing bulk foam board supplies.
Small orders mean big bills.
Learn exactly how bulk savings work, and how to bulk wisely.
Time to dive in!
Here’s what’s inside:
- What Are Bulk Foam Board Supplies?
- Why Rising Costs Hit Growing Businesses So Hard
- 5x Ways Buying Foam In Bulk Cuts Your Costs
- How To Buy Bulk Foam The Smart Way
What Are Bulk Foam Board Supplies?
Bulk foam board refers to wholesale quantities of foam board, sheets of foam purchased together. Normally these larger orders come at a cheaper price per sheet. PVC foam board, foam core board, polystyrene foam and polyethylene foam can all be bought in bulk.
Sign shops use them for signage and displays. Packaging companies use them to package products safely. Builders use rigid foam insulation. And on and on…
Massive. The worldwide market for foam boards will be valued at $75.3 billion by 2026.
That’s a lot of foam.
However…where you purchase it is equally as important as how much you purchase. Partnering with a reliable bulk foam board supplier will allow you to buy foam sheets at wholesale prices, ensure uniform quality between orders and give you the exact foam boards your business requires, frequently cut to size, ready to go. Finding the correct bulk supplier will make foam boards go from a monthly hassle to an easy, inexpensive component of your business.
Why Rising Costs Hit Growing Businesses So Hard
Running a business is expensive right now. And it’s not getting any cheaper.
A recent poll found that 82% of small business owners are being impacted by rising supply/inventory costs. This same poll revealed that 64% of businesses experienced an increase in expenses over the past 3 months.
Ouch.
It really stings when you are growing. More customers equals more orders. More orders equals more materials. If you’re still buying foam by the small batch, your expenses increase right along with your revenue.
This is why cost cutting is the number one priority for so many owners. 42% of small business owners report that reducing costs to grow profit margins is their New Year’s biggest resolution, according to a SoFi survey.
Think about it:
Materials are one of the few expenses that you have control over. You can’t magically change your rent or interest costs. However, you can adjust how you purchase foam.
5x Ways Buying Foam In Bulk Cuts Your Costs
Did you know that buying in bulk isn’t just convenient, it saves you money in more ways than one. Here’s a look at the Big 5…
Lower Price Per Sheet
This is the obvious one.
Buyers are incentivized to place large orders by suppliers because they get lower prices that way. The greater the quantity of sheets purchased, the cheaper each sheet costs. This concept is known as tiered pricing, and it stacks up quickly.
For instance, assume a sheet is $20 when purchased 10x. Bulk up and buy 200x sheets and you may get the price down to $15. That works out to 25% savings on every sheet you use.
Bigger orders = Lower cost per sheet.
It really is that simple.
Cheaper Shipping
Every order that you place has a shipping charge. Small purchases means you are paying for shipping repeatedly.
Bulk orders reverse this trend. One large delivery will cost you much less per sheet than 10x smaller deliveries. Delivery may even be free for large orders with some suppliers.
Fewer trucks. Fewer fees. More money in your pocket.
Protection From Price Hikes
Here’s something most business owners forget…
Material costs fluctuate daily. Raw material prices increase. Tariffs are applied. Suddenly the foam you purchased last week is more expensive.
Bulk buying allows you to set today’s price for several months of inventory. This protects you from unexpected price spikes. It also allows you to confidently budget and quote to customers.
No More Stockouts
Running out of foam in the middle of a big job is a nightmare.
You rush an order. Pay more for expedited shipping. Tell a customer their order is late. That loses you money and damages your reputation.
Bulk foam board storage means you’ll never run out. Large project arrives? No Sweat. You’ve got it covered.
(Happy customers = repeat customers.)
Less Time Wasted On Orders
Time is money, especially for a small team.
Each small order requires you to check availability, quote, place the order and follow up on delivery. Do this weekly and the hours stack up.
One bulk order will replace ten or more small ones. Freeing you up to concentrate on what’s important… Growing your business.
How To Buy Bulk Foam The Smart Way
Bulk Purchasing will only save you money if it’s done carefully. Purchasing too much incorrect foam will just leave you money invested in inventory you can’t sell.
Follow these simple steps:
- Monitor your consumption: Review how much foam you consumed in the past 3-6 months. This indicates how much foam you will need to order.
- Begin with your best sellers: Purchase your most commonly used foam types and densities in bulk quantities first. Save smaller quantities for the infrequently used products.
- Inquire about cut-to-size: Some suppliers will cut sheets into your specified sizes. Saves waste and time for your team.
- Plan your storage: Store sheets flat in a cool dry place. Improper storage can warp and ruin your inventory.
- Evaluate suppliers: Compare pricing tiers, shipping costs, and quality. Lowest price does not always mean best value.
Disclaimer: Remember cash flow. One large order equals more money upfront. See if your supplier will work with you on payment options or timed deliveries so you can get wholesale pricing and still have money in the bank.
Pretty straightforward, right?
Time To Stock Up
Bulk purchasing of foam board supplies is one of the simplest cost savings methods a growing business can employ. Saves you:
- Money: lower prices per sheet and cheaper shipping.
- Time: fewer orders to place and track.
- Stress: no more running out mid-job or getting hit by surprise price hikes.
To quickly recap:
- Work out how much foam you actually use
- Buy your most popular foam types in bulk
- Pick a supplier you can trust
- Store your stock the right way
- Rinse and repeat
Expenses are increasing for just about every small business. Foam doesn’t have to be one of them. Buy smarter today and watch your margins grow.
