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Post on Medial

Havish Gupta

Stealth • 1m

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.

31 replies36 likes

Replies (31)

Manisha

Stealth • 1m

Sounds like we have 'Best Price' where the only entry possible is through membership.

1 replies1 like

Bizibeast

Stealth • 1m

We already have it! Its called metro

1 replies2 likes

kamal p

Stealth • 1m

It can work well if it serves local retailers shops i.e local shopkeepers buy from you. If each area has such local branch shopkeepers will come to stock up for their shops. Huge gmv possible

0 replies

Samrat kesharwani

Stealth • 1m

Looks hard to me. but this kind of business is very thrill giving when thinking of implementation

0 replies

Luv G

Stealth • 1m

“Metro” is a similar service. People only with their membership card can shop there & the cost of products is usually less. but it’s not profitable till now.

0 replies

Vaibhav Bhatnagar

Stealth • 1m

Decathlon started with that, but it was only via corporate tie ups. It fell flat and they had to open up.

1 replies1 like

Ajinkya Khobragade
•

Growfitter • 1m

Everyone knows in India Subscription Model has never worked

1 replies

Vivek N
•

M&C Saatchi Performance • 1m

Metro is successful in tier 1 and its members only shopping. though it doesn't do much well compared to Dmart because of pricing. if Costco addresses it, they are a hit

1 replies

Anonymous 4

Stealth • 1m

there is a difference between the spending patterns of Americans and Indians. So I don't think this model would sustain in the long run

1 replies

Vaibhav

Stealth • 1m

d mart did not work

1 replies

Anonymous 3

Stealth • 1m

No. It won't work in any of the Asian and European countries. It only works in America coz Americans tends to buy a lot

0 replies1 like

Chintan Udani

Stealth • 1m

I've seen the Costco model but the thing is PPL needs to buy in bulk to get discounts on food and fuel

1 replies

yogi kukreja

Stealth • 1m

good idea for metro city

0 replies

Anonymous 2

Stealth • 1m

It works pretty well In my area, there’s a similar reliance wholesale store

1 replies

Anonymous 1

Stealth • 1m

Nope. Indians still aren’t used to buy a lot in wholesale

1 replies1 like

Aakash kashyap

Stealth • 1m

from my pov it can be successful in some tier 1 city but not other indian city because in India most of the people know the jugaad of everything.

3 replies6 likes

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