Name Brand vs. Generic: Is One Really Better Than The Other?

Name Brand vs. Generic: Is One Really Better Than The Other?Advertisements are what people use to help them make the decision to buy a product. However, brand loyalty comes at a price. And, in many cases, generic products are just as good as a brand name but at a much lower price to consumers.

Sure, a number of brand-name products do have something unique they can offer, but many other times they don’t. How do you know if you should stick with a brand name or go with a generic?

You have to learn how to properly read labels to determine if brand name or generic is the better product. You can do this by doing the following: have a brand name product in one hand and its generic in the other. Look at the ingredient list on the labels. If looking at over-the-counter medications, be sure to look at the “active ingredients”.

You can also do some user testing of your own for comparison. Buy the brand name product as well as the generic version. Purchase brand name Velveeta cheese block and the generic cheese block version to develop a conclusion for yourself. Is it worth the extra money you shell out just for a brand name product?

Here are 6 generic products you should consider purchasing over brand-name products.

Cereal

Generic versions of cereal are just as good and tend cost about $1 less than a name brand cereal. Store brands and even off-brands will typically have the same taste and look of name brand cereals. The difference between them often times is just the advertising costs.

Gasoline

Cheap gas, contrary to popular belief, isn’t bad for your vehicle. The additional additives in premium gas don’t improve your vehicle. So long as your vehicle is given the right octane level, you can use the cheapest gas available. The gas delivery truck drivers stop off at each station to deposit gas. It’s the same truck, it’s the same gas.

Over-The-Counter Medications

The U.S. Food and Drug Administration demands both brand-name and generic medications follow strict safety standards and that they have indistinguishable ingredients. Don’t think so? Go to a drug store and do a little comparison. What you’ll see is that both Ibuprofen and Advil have the same active ingredient. This applies to countless other over the counter meds like allergy or flu products.

Seasonings

Freshness matters when you purchase spices and herbs. However, just because a seasoning is a brand name does not mean it’s fresh. Consider the store’s generics to come to your own conclusion. If you want, purchase in bulk from a food cooperative and spice shop, but only what you need. This goes for salt, baking powder, soda and other condiments such as mustard and ketchup.

Sunscreen

When you buy sunscreen, be sure you look for products that have an SPF of 30 or higher and will protect against both UVB and UVA rays. If you can find an off-brand or store brand that meets these requirements, then you know the product is worth paying for.

Water

It’s not a good idea for the environment to add more plastic to the landfills by purchasing bottled water. But if you have to purchase bottled water, store brands are just as good as name brand ones. Of course, save yourself money altogether by drinking tap water only. If you don’t like how tap water tastes, then get a filter and run the tap water that way.

About The Author

Edwin is the creator and leader writer of Cash The Checks. He's been making money online since 1999. When he's not working on this blog, oh who is he kidding, he's always working on this blog! If you've found this post helpful, please share it on social media.

2 Comments

  1. Jonathan Dyer

    I completely agree with this list, although I will admit to questioning some certain gas stations. I don’t know why but that’s the hardest belief for me to shake.

  2. Millennial Money

    This fits nicely with your idea of not being influenced by your peers to make poor spending decisions. Brand loyalty should not sink your savings. You should be able to find suitable substitutes to meet your needs as well as your pocketbook. Thanks Jonathan.

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