Figuring Out • 9m
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
○─○─○ • 9m
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.
Yeah
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