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Are you sure about that? Their average markup is around 10%, so that would mean that the average member would be spending $600 or less in the store per year.
by queuebert 2y ago
Are you sure about that? Their average markup is around 10%, so that would mean that the average member would be spending $600 or less in the store per year.
- isk517 2y agohttps://www.forbes.com/sites/shelleykohan/2023/10/24/costco-members-loyalty-seems-immune-to-changes-in-leadership-and-price/ https://www.forbes.com/sites/shelleykohan/2023/10/24/costco-... I've seen the same numbers in multiple articles state that 72% of Costco's profits came from the membership fee in a year that they saw record sales.