Question

What is costco's business model? is the company's business model appealing? why or why not?

Answer 1

Costco’s business model is to generate high sales volumes and rapid inventory turnover

by offering members low prices on a limited selection of nationally branded and selected

private label products in a wide range of merchandise.

Costco’s business model is built

upon customer memberships, who join and renew annually.

This directly shows

customer loyalty as satisfied customers will renew annually.

Costco’s business model is

great, all customers want to find good quality bargains and Costco is setup to keep their

customers coming back to find them.