HOW MUCH CAN YOU SAVE BUYING PRIVATE LABEL PRODUCTS?

Because of the recession, more and more of us are straying away from  expensive name brand products at the grocery store and buying cheaper, generic and private label products.  But, are we sacrificing quality for price?  The answer is probably no.  Many national brand manufacturers such as Heinz, Falstaff Beer, and Wonder Bread actually produce a lot of foods under private labels for supermarkets.  Actually, 40% of national brand manufacturers produce identical products under private labels for supermarkets.  And, there is a big price difference – 25% in fact – between national brands and private brands.  With this type of savings, a family that usually spends $432.00 a month on groceries can save up to $1,872.00 per year.

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