How Costco Actually Makes Money | Costco’s Business Model Explained скачать в хорошем качестве

How Costco Actually Makes Money | Costco’s Business Model Explained

With over 114 million loyal members worldwide, Costco is the world's second-largest retailer behind Walmart. But in the age of Amazon, what makes Costco so successful? In this video, I look at Costco’s journey since its early days and how it uses its “members only” strategy, innovative inventory management, the in-house label Kirkland Signature, and customer service excellence to beat the competition and become the big winner in retail. Chapters: 00:00 Introduction 01:11 Costco’s Origins 03:00 What Defines Costco 03:50 The Magic of Membership 05:25 Low Pricing 07:13 Smart Inventory Management 08:48 Membership Services 09:20 Kirkland Signature 10:10 Customer Service Topics Covered: How Costco Actually Makes Money, Costco’s Business Model Explained, How Costco Gets You To Spend, Why Costco Works, Why Costco Is So Successful, Costco Business Model., How Costco Became A Massive Members Only Retailer, The Rise Of Costco