Incorrect.
It is well known that Costco makes most of their net profit from membership fees.
Their net markup is no more than 15% on any private or branded product.
There are lots of case studies on them. Here’s one.
Incorrect.
It is well known that Costco makes most of their net profit from membership fees.
Their net markup is no more than 15% on any private or branded product.
There are lots of case studies on them. Here’s one.
