Costco Wine All You Need To Know Bob Cut Magazine
How did Costco become the largest wine seller in the world? Costco is a wholesale corporation that sells its products directly to consumers with membership at much cheaper prices than the regular retail stores. In some cities, you won’t even need a Costco membership for purchasing wine from Costco. Costco’s mark-up on alcoholic beverages is around 10-15 percent while regular retail stores have a mark-up of 25-45 percent. It means that Costco earns lesser profits on alcoholic beverages, which they cover with higher sales through loyal customers....