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Price Smart is a California based operator of several membership warehouse clubs and is one of the largest of its kind in the Carribean and Central America. With operations starting as far back as 1997 the company has expanded beyond the Carribean and now provide their services across several countries in South America. The company has over 3 million active members and operates out of 40 warehouses in over 12 countries.
Smart Experience
The company offers its customers with services and products that rival their counterparts in the US, offering an authentic and quality backed shopping experience. The company manages to keep the pricing low by doing away with the overhead costs that arise from the handling and arranging the products. The company provides all services under a single roof. Their sell products including electronics, toys, groceries and computer components among others.
Membership Cards
Customers need to become a member of the club program to access the services provided by the company; the price for joining a membership program can go as low as $35. Price Smart provides wholesale services to its customers through membership cards. These cards come in two variants – Diamond Member and Business Member. Both these cards provide different benefits and are also priced differently.
A Different Experience
Unlike its counterparts in the US, the membership clubs offered by Price Smart are a bit different. The store size is smaller as compared to those in the US; this was done keeping in mind the size of the market being served. Lower membership fees for better affordability and Merchandise and products tailored to meet the preferences of the local population being served.
Quickly compare Pricesmart.com with other similar Amazon, Walmart, Target Corporation and others.
Category Ranking: #208 eCommerce Store
Ratings & Votes: 4/5 - Based on 66 Votes
Year Founded: 1994
Employees: 5000 to 9999
Annual Revenue: US$ 120.8 million
Avg Order Size: US$ 97 to 132
Daily Orders: 2.9k
Daily Visitors: 69k
Website: Pricesmart.com
