What is the difference between great value

As the boys at AsapSCIENCE explain , studies have found that people often stay on course with generic brand drugs for longer, due to their significantly lower cost.

It's natural for us to opt for the brand name version of things - as humans, we've been conditioned to trick ourselves into thinking that the thing in the fancy packaging simply tastes or works better. The video above describes an experiment run with university students, where they were offered two different types of free coffee: one sitting on a silver tray with the milk and sugar in nice containers, and the other just came with styrofoam cups with haphazardly written labels.

As you might expect, the students overwhelmingly preferred the coffee on the silver tray, despite the fact that both were the exact same brew. Just as the placebo effect has been shown to have a very real influence on people in medical situations, it really can affect your taste preferences too. So, case closed, never buy brand name products again?

Well, not necessarily, and in some situations - particularly when you're dealing with specialised medical conditions - brand name products can be your only real choice. Go for the brand name Quilted Northern Ultra Plush version, and you will only have to pay 20 cents more. While you can save some serious bucks when choosing the cheap version over the brand name for big electronics, you won't be getting the bang you want. The extra money spent on brand-name TVs and other electronics is worth it, considering these items typically come with much better customer service and support than the cheaper options.

Yes, you can save a lot when it comes to buying the generic brand. But when you're powering items like speakers, generic batteries might not have enough juice to make them work properly. And the brand-name batteries will typically last you much longer. While good cheese can definitely be a bit pricey, it's one food product that is worth the extra money. For cheese lovers, the generic taste just won't cut it though, and as many of us know, there aren't too many things worse than bad cheese.

An 8 oz. Meanwhile, Sargento's 8 oz. It's only 3 cents more -- go with the Sargento cheese. Your taste buds will thank you later. Chrome Safari Continue. Be the first to know. Get browser notifications for breaking news, live events, and exclusive reporting. A generic food product might be of lesser quality to a store or name brand, but it might not. In fact, in some cases a generic products might be equal to anything else you might buy. And a generic might be a great way to save money if you are using the item as an ingredient in a home-made food item.

When it comes to drugs, there should be no difference between generics and name brand. To earn a Food and Drug Administration FDA certification, a drug has to have the same active ingredient as its name brand equivalent. You pay more for a name brand drug because the company spend lots of money on research and development, not to mention marketing.

But with food items, different rules apply. For example, Walmart's store brand is Great Value, with many of those products coming from a major food company, which produces its own version of those products under its own advertised brand names. Both products, however, usually come from the same factory. For obvious reasons major food companies that sell their own brands don't like to publicize the fact that they produce store brands for major retailers.

They're trying to sell their own products — usually for more money — and don't want to essentially compete with themselves, even though producing store brands is a very lucrative sideline. The link between Walmart's Great Value and food giant ConAgra burst into the headlines in February when salmonella-tainted peanuts made it into a ConAgra facility that produced peanut butter. The foodborne illness outbreak resulted in a massive recall of both Peter Pan — ConAgra's brand — and Great Value peanut butter.

There is nothing to suggest that generic products are inferior to store brands, though some consumers may be put off by the rather stark packaging. Generics may also come from a name brand factory, but they might not. There have been studies, however, that suggest store brands are, in most cases, every bit as good as their name brand equivalents.