How Costco's Membership-Only Model Works
So Costco is the 2nd largest supermarket in the world, operating 870+ stores globally.
What's different in Costco is that to shop in their stores, you need to buy their membership (available for $60-$120 ann
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Arcane
Stealth • 7m
I think this model would definitely work but not initially. Loyal and paying customer base is the foundation of this model. To attract initial customers, cheap membership fees and tier 1 cities is what we should aim for.
Do you think that the Costco model can work in India?
For those who don't know, Costco is an American Supermarket chain similar to Walmart and DMart. The Catch is that only those who have purchased Costco Membership can shop there. And since Costco
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How Costco's Membership-Only Model Works
So Costco is the 2nd largest supermarket in the world, operating 870+ stores globally.
What's different in Costco is that to shop in their stores, you need to buy their membership (available for $60-$120 ann
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