Club

Club

Also called a warehouse club, it is a membership-based retail outlet offering a wide selection of bulk-sized grocery products, and general merchandise at reduced prices in a no-frills, warehouse-like setting.

Customers can fulfill most of their weekly shopping needs in one visit, benefiting from the economies of scale.

Related Terms

Coupon

A document or digital code that grants the holder a discount or rebate on a purchase.

Brand Loyalty

Refers to a consumer’s consistent preference for purchasing the same brand over competing ones, driven by