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Do I need a membership card to enter Sam’s Club?
Everyone can enter, but you can only buy things with a membership card, so you can still browse casually.
Sam's Club:
1. It is a high-end membership store owned by Walmart, a Fortune 500 company. It is named after the legendary figure in the retail industry-Walmart founder Sam Wall. Mr. Dayton.
2. Since the first store opened in Midwest City, Oklahoma, USA in April 1983, Sam's has a history of more than 30 years. In the early 1990s, Sam began to enter the international market. Today, Sam has more than 800 stores around the world, becoming one of the largest membership stores in the world, providing a high-quality shopping experience to more than 50 million individual and business members.
3. In China, the first Sam’s Club store opened in Shenzhen on August 12, 1996. As of April 2016, Sam has opened 13 stores in China, located in Beijing, Shanghai, Tianjin, Shenzhen, Guangzhou, Fuzhou, Dalian, Hangzhou, Suzhou, Nanchang, Wuhan, Changzhou and Zhuhai.
Business model:
1. Sam’s Club has a cumbersome and complex supplier selection system. All products are purchased by “Sam’s Club” of Wal-Mart’s Global Procurement Co., Ltd. located around the world. The "Member Store" department does the purchasing on your behalf, with the goal of "high quality and good price". The purchasing department is responsible for price reduction, product selection and recommending suppliers, the factory inspection department is responsible for supplier qualification certification, and the inspection department is responsible for product quality review.
2. Business methods
Sam's Club stores operate in large packages and with low profits. Most of the goods sold are packaged in large boxes or combination packaging to reduce costs, so that customers can Enjoy low warehousing prices.
3. Membership system
Sam’s Club stores are only open to members. In the United States, there are four levels of membership in the store, each requiring an annual fee of US$40 to US$100 (the membership fee for Sam's Club in China is RMB 150 per year). In addition to enjoying discounted products, members can also enjoy various life conveniences and discounts provided by the "Member Rights Plan".
4. Promotional concept
In addition to high-quality, low-priced, and complete varieties of brand-name products, Sam’s Club also provides a variety of food and certain local restaurants and leisure entertainment Discounts at various locations and thereby proposing a “one-stop shopping” concept.
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