Membership fees are what make the products cheaper
Wondering how Costco can offer such competitive prices on their products? It’s not because the quality is worse or that your favourite cereal is expiring soon. It’s because of Costco’s membership fees. While most stores buy items for a certain price and tend to sell it for double that, Costco only marks up an item by 14 percent. They make up for that deficit in profit by charging customers an annual membership fee. Pay a fee once, and get access to hundreds of deals for a whole year!
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