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The term "Buying Club" can refer to a variety of dissimilar entities, anything from a group of friends acting as a food co-op to periodic purchase agreements like "Book of the Month" clubs.

The buying clubs this page is about are operations that charge substantial fees in exchange for the opportunity to buy near-wholesale prices. This is not about the Costco or Sams Club chains... these operations have annual fees that are usually no more than about $100, generally provide prospective customers with the opportunity to see the products and prices available, and don't need to use high pressure or deceptive practices to obtain members.

The M.O. of the buying clubs we're warning about charge hundreds to thousands of dollars for membership, promise significant savings but are typically reluctant to let prospective customers verify product availability and compare prices before making a membership decision, and often tell customers that if they don't become a member immediately following the presentation, they will not be allowed to become a member for several years. Talk about high pressure!

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Revision r1.2 - 11 Apr 2005 - 04:27 by EliMantel web search for EliMantel
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