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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 is making a fixed profit from each customer as Membership fees, then can sell their goods at much lower prices and still end up making money.
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Medialย โขย 6m
Costco built a $250 billion empire by breaking all the rules: - 14% max markup. - $4 billion in membership fees. - Just 4,000 products. Hereโs how Costco redefined retailโand the pricing strategy that turned customers into die-hard fans: Costcoโs
See MoreEntrepreneur | Build...ย โขย 9m
The only people who think that Blinkit, Zepto, etc will beat Dmart are those who have never gone to Dmart. The person who shops in Dmart doesn't care about 10 minutes. Ul UX. glassmorphic design, cashbacks, reward points. He only cares about prices
See MoreFounder of social m....ย โขย 10m
Some people here have opened shops selling sandwiches and making pakoras, considering themselves big startups while trying to give advice to those who are actually bringing innovative technologies to the table. Many of them are inspired by Prafull Bi
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