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5:25 Sol Price, founder of FedMart Stores, 1954, and Price Club, 1976.

6:28 Costco, Sam’s Club, B.J.’s

8:58 Bruce D. Sanders, Ph.D., consumer psychologist and author of Retailer’s Edge: Boost Profits Using Shopper Psychology

How Do They Do It?

10:10 Treasure Hunt Atmosphere

10:19 The Alley/The Power Aisle

11:24 Feeling of Belonging

12:20 Warehouse Shoppers don’t Browse

How Clubs Operate

13:13 When I was writing for Women’s Day magazine

13:23 Kristy Reed, Sam’s Club Corporate Communications PR Manager Sept. 2007-Nov. 2011

13:32 Affordable Membership Fees

13:52 Richard A Galanti, Costco Executive VP, CFO, Director

14:09 Low Markups, Average percent markup

14:54 Volume Buying

15:20 Private Label

Survival Rules

19:30 Go with a plan or don’t go at all.

20:42 Shop with cash.

22:13 Justify the membership fee.

23:18 Don’t over-shop your storage space.

24:06 Create an appearance of scarcity.

24:47 Know your prices.

26:58 Get a shopping partner

Debt-Proof Living with Mary Hunt was created and hosted by, Mary Hunt. Produced by Julie Emerson, with Harold Hunt, Executive Producer.

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