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Costco charges you a membership before you can shop there, and behold, they sell things at a markup.
by etchalon 6y ago
Costco charges you a membership before you can shop there, and behold, they sell things at a markup.
- bduerst 6y agoYou aren't buying the Costco store when you enter, just as you aren't paying a membership fee to use someone else's phone as your own. Members don't own Costco, Costco owns Costco, so Costco can dictate it's own shelfspace. You would not expect Costco to exclusively dictate what apps you can and cannot buy on your own phone or charge a premium to Costco competition.
- lotsofpulp 6y agoDoes Costco sell things at a markup? They are famous for having net income equal to the amount of membership fees they collect, so they must be selling products at however much it costs to obtain the products and operate the stores. https://www.fool.com/investing/2019/02/13/how-costco-actually-makes-money.aspx https://www.fool.com/investing/2019/02/13/how-costco-actuall...