Costco built a $250 billion empire by breaking all the rules:
- 14% max markup.
- $4 billion in membership fees.
- Just 4,000 products.
Here’s how Costco redefined retail—and the pricing strategy that turned customers into die-hard fans:
Costco’s
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Anonymous 3
Hey I am on Medial • 5m
Most retailers go way higher, but Costco builds trust by sacrificing short-term profit for long-term loyalty. That’s a flex
Can somebody guide me how I can manage my finances? and where to invest for short term profit
1 replies7 likes
Only Buziness
Business enthusiasti... • 5m
How to Build a Loyal Customer Base
Explained with case study of MNC
Starbucks: Starbucks creates memorable experiences through its welcoming ambiance, consistent service, and Rewards Program, offering personalized perks like free drinks and exclusi
The AI race is about accuracy now. Being the least wrong.
Whoever builds the model that hallucinates the least will win. That’s what business needs. That’s what everyone will trust. I expect to see massive urgency around this.
Consistency is a Must in anything you
👉 One-hit wonders fizzle out.
👉 Consistent effort builds trust.
👉 Success favors the persistent.
👉 Daily actions create habits.
👉 Consistency outlasts motivation.
👉 Small steps, big results.
👉 Reli
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0 replies4 likes
Prince Gupta
thevisualediting.in • 13d
Building trust in Tier 2 & 3 markets: The underrated growth hack
If you’re trying to scale in India and ignoring Tier 2 & 3 cities, you’re missing out on long-term loyalty.
Because here, trust isn’t a luxury—it’s the currency.
Big ads don’t conver
Micro-Influencers: Your Startup’s Hidden Asset
Micro-influencers have smaller but highly engaged audiences. Their followers trust them like friends, not celebrities. This results in more genuine interactions.
Engagement rates with micro-influencers
Did you know India’s wholesale and retail market in the grocery/food sector is valued at a whopping $586 billion? Yet, 85% of this market remains unorganized, creating challenges for wholesalers and retailers alike.
Here are the problems:
😔 Wholes
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0 replies4 likes
Poosarla Sai Karthik
Tech guy with a busi... • 1m
There’s a big gap between what people want to eat and what they trust. Even though more are moving towards organic and clean eating, most brands still fail to gain that trust. With rising concerns about harmful ingredients and malnutrition in kids, p
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0 replies6 likes
Nawal
•
SELF • 1y
Let's talk about User Communication 🔥
Learning from Real Insights :
- Successful founders engage in meaningful conversations with real users to gain invaluable insights shaping product development.
Building Trust and Loyalty :
- Direct connection
Familiar Wins: How Repetition Builds Brand Trust Through the Mere Exposure Effect”
The Mere Exposure Effect is a psychological phenomenon where people develop a preference for things simply because they are familiar with them. In business, repeated