Figuring Out • 1y
Well that's possible in some other way. So there is a US supermarket called Costco where only Costco Membership Holders can shop. Now since they are getting good Lumsum money in name of Membership Fees, they keep their prices ultra low which forces people to buy the membership. Someone also made kind of an online Costco and sold it for a Billion dollar. So this is possible
Figuring Out • 10m
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
See MoreFounder & CEO at Bui... • 11m
How Audemars Piguet become the status symbol even among the richest. This is because the brand’s watches are so expensive that the last year they only sold 51,000 pieces as compared to other luxury watch brands. But still their revenue was $2.7 Bi
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