Title | : | How Costco Became A Massive Members Only Retailer |
Duration | : | 22 minutes, 2 seconds |
Uploader | : | CNBC |
Added On: | : | 12 September, 2020 |
Views | : | 4.3M times |
Likes | : | 0 |
Source | : | YouTube |
Costco makes billions doing what in retail might once have been thought unthinkable charge people to shop there. The company draws most of its income from membership fees, and has a nearly 90 percent membership renewal rate. It charges very low prices on