business-insight
Membership Fees Equal Just 2% of Sales: Where Does Costco’s Price Competitiveness Come From?
Analyzing Costco's fiscal year 2025 financial performance, this article examines the relationship between membership fees, product margins, and operating costs, and offers evaluation criteria for businesses designing membership models.

Analyzing Costco's fiscal year 2025 financial performance, this article examines the relationship between membership fees, product margins, and operating costs, and offers evaluation criteria for businesses designing membership models.
When describing Costco, a common refrain is that it sells products cheaply and makes its money through membership fees.…
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