Business · 2
Costco has reportedly capped its profit margin at what percentage, prioritizing member value over maximizing profit?
Answer
11%
Costco executives have kept the company's profit margin capped at 11%, a deliberate choice to keep prices low for members rather than chase maximum profit.
💡 Did you know?
Costco's CEO deliberately keeps the company's profit margin capped at 11% because executives believe prioritizing member value over maximum profits builds loyalty.
Other options people guess
- 20%
- 25%
- 30%
Topics
- costco
- retail
- pricing-strategy
- business-strategy
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