The Costco’s consistent playbook over Amazon

#shorts

Acquired Podcast Episode: Costco (Audio)

Costco's business strategy embodies Jeff Bezos's motto, "your margin is my opportunity." With a lean 10-11% overhead compared to Amazon's 30%, Costco focuses on minimizing costs to offer lower prices and pass savings onto customers, emphasizing both operational efficiency and supplier negotiations.

[tjcampbell]

And the CEO takes a minimum bonus so he could pay his employees a livable wage😮

[everythingUTrealestate]

Correct me if im wrong but costco was the first wide spread subscription model business