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Join Date: Jul 2000
Location: Houston, Tejas
Posts: 43,433
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We Joined, but it was 3K. And I did the math, as we needed to fill a 4 bedroom house with new furniture, and the $3K was paid for with the first $10K in purchases. We eneded up spending about $20K, mostly on FUrniture. The furniture would have cost us a minimum of $40-50K if we had not used Direct Buy.

You definitely have to know the price/payback number.

But here is how the Direct Buy works and makes Money:

Corporate sells "Franchises".

Local stores sell memberships

Locals store keep the operation running, by charging a flat % on each sale to cover expenses (6% here).

Generally, anything with a very high markup is a very good deal through Direct buy:

Furniture (Low end, 40% off retail, high end %75 off retail, but you almost never pay retail. There is still a significant savings on High End Furniture. We did one bedroom for $800 for a complete bedroom set, queensize bed, mattresses, dresser with mirror and 2 end tables with lamps.)
Name brand luggage (75% off)
High End Clothing (yes they sell clothes)
Mall type jewelery (about 10 cents on the dollar)
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The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994)
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Old 07-31-2008, 07:40 PM
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