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Using geoarbitrage to maximise value for money when shopping
If you’ve seen my cost of living breakdown and monthly reports, you’ll know that Bangkok can be a very affordable place to live. Basic expenses – rent, transport, utilities and eating out – are a fraction of what I would pay back home in London.
But beyond these essential monthly costs (and the occasional massage), Thailand often doesn’t offer great value for money. This might be a surprise to those who come to Thailand for cheap shopping and expect bargains. Yes – those fake Adidas shoes may be cheap, but they’re not made to last, which means having to make a repeat purchase. That’s not a bargain at all, and is a huge disservice to the environment.
Over the past seven years living in Thailand, I’ve learned tips and tricks to make the most of my trips back home to the UK to save money on shopping. I suppose this is one way of using geoarbitrage to maximise value and minimise spending.
Using geoarbitrage for better value shopping
What I take on my trips back home to London
Before I make each trip, I usually fill my suitcase with little treats that I know my friends and family would like, and that represent good value and novelty. These include:
- Mama noodles – creamy tom yum flavour (the BEST flavour)
- Tao Kae Noi seaweed snacks – soooo good
- Northern Thai coffee
- Thai cooking sauces – these are much more authentic that those in UK supermarkets
- Sheet masks – these cost much more in the UK than over here
After I distribute these gifts, I’m usually left with an empty suitcase because I have enough clothes still in the UK to wear when I’m there. I proceed to fill that suitcase with items that I know are much cheaper in the UK, or represent better value for money. Since the UK pound has dropped against the baht in the past two years, my money also goes further!
What I bring back to Bangkok from the UK
Markets in Thailand sell fantastic looking clothes for very little money. I myself was seduced by the cheap and on-trend clothes being sold in the various market stalls (it seems whatever appears on the catwalk is on Bangkok markets the following week).
After a couple of years of buying cheap garments and having them fall apart soon after, I learned to buy for quality and durability instead, which is often found in more recognisable brands. Unfortunately in Bangkok you pay a premium for this due to import taxes. Zara and Mango – which are not exactly known for their great quality either – are almost seen as premium brands in Thailand, and have price tags to match. Thankfully Uniqlo seems to deliver quality on a lower price price point, but I don’t like the fit of all their clothes.
Meanwhile, shops in London seem to be perpetually on sale. No matter the timing of my trip – around Christmas, spring, summer, or autumn, it seems there’s always a sale on. I buy little, I buy smart, and always with something in mind.
Bangkok is not kind to shoes what with the dirt, rain, uneven pavements. I walk a lot, so my shoes get a lot of wear and tear. Again, Bangkok offers great looking shoes for a few quid, but I want to be kind to my feet. It’s important to me to find quality shoes that are breathable, comfortable, and supportive (since I’ve had problems with plantar fasciitis).
I’ve tried buying shoes from Bata, which are everywhere in Bangkok, but they don’t really last long. So when I’m in the UK I go back to what I’m familiar and comfortable with – Clarks, M&S, or Adidas shoes. And since there always seem to be a sale on, I’m much more likely to find comfortable, quality shoes for a much lower price in the UK.
Good underwear is so expensive in Thailand!! As soon as I’m in the UK I head back to M&S to restock. Enough said.
Is it any wonder that as a Brit I fill my suitcase with teabags? I grew up drinking PG Tips, and it’s just one of those creature comforts I love to indulge in. A box of 40 PG Tips teabags in Bangkok costs £4.50. For the same price, I can buy 240 bags in the UK. That’s less that 1p per tea bag, versus 11p in Bangkok! I also stock up on herbal teas like peppermint.
Chocolate and biscuits
Everyone needs some chocolate or biscuits to go with their tea, right? Give me Cadbury’s over fancy Belgium chocolate any day. They do have Cadbury’s here, but it doesn’t quite taste the same, and they sell tiny bars for 50p. Whereas I can go around Sainsbury’s and pick up four bars for £1.
If I’ve bought any clothes in London, they’ll be stinky on their arrival in Bangkok because of all the cheese I’ve packed alongside. I looooove cheese, especially mature cheddar, stilton, camembert, and halloumi, all of which practically sell for peanuts in comparison to the mini fortune they cost Bangkok.
I had no idea how much cheaper chia seeds could be in the UK until a friend asked me to bring some back from London. You can buy 2kg of chia seeds from Amazon for £8.99. The equivalent in Bangkok would cost £45!! I also used to buy things like sunflower seeds and flaxseed from the UK. But I’ve since found some amazing vendors in Chinatown that are the equivalent of Holland and Barrett and have good prices.
Makeup and Toiletries
I’m not big on makeup, but occasionally I’ll need to replace my Mac concealer, which I’ll do at the airport duty free. I do invest in skincare however, and for some reason basic face creams in Bangkok cost much more. So if I see a good deal on products I use from Soap & Glory, or Botanics, I’ll pick them up. I also bring all of my contact lens solution from the UK. I have gas permeable contact lenses, and finding the solution and cleaner for them in Bangkok is too much of a challenge.
I realise that even after so many years abroad, I still crave the familiarity of recognisable foods and brands! It’s no wonder I miss home.
As I’m making the big move back to the UK this year, I won’t be needing these shopping hacks anymore. Instead I’ll be thinking of what I should be bringing back to the UK from Asia. I expect sheet masks and seaweed will be filling in the crevices of my suitcase.
Over to you – have you put shopping geoarbitrage to use? Have you found unexpectedly good deals or false bargains when shopping abroad?