Why Costco Is So Successful: A Look at Its Unique Business Model (And Why It Works)

Costco is the second-largest retailer in the world, with over 100 million members. So how does it work? How can Costco sell products at such low prices and yet make so much money? In today's Money Therapy, we will explain to you the unique Costco business model you need to know about.

[@user-cc4zb3ci5f]

Great summary.

[@chiqelle60]

Informative

[@KhandokarRobi]

love the info

[@rahulbindhu]

Nice

[@GunnyPhillips]

Nowadays I believe Costco's real advantage is customer service. Their real competitor, Sam's Club, beats then in almost every other area. I shop at both but would only buy big ticket items from Costco, even though they both have ostensibly identical refund policies.