This month we will be delving into the various costs, allowances, and discounts to consider before starting a program with Costco. Calculating your price is paramount to the success or fail of your product. A price that is too low may undercut your margin and result in a loss, while a price that is too high may be entirely overlooked by the buyers.
Before quoting to Costco, consider these costs that can pop-up in most programs:
· Costco Advertising Fees
· Costco Return Fees
· Costco EDI Fees
· Costco Retainer Fees
· Costco Allowances
· Costco Discounts / Markdowns
Building in these miscellaneous fees will allow you to obtain a practical margin and be successful long-term.
It is critical to secure a well-rounded cost structure before a program starts with Costco. To help ensure that you will be successful in this venture, contact sales@vendorco.com for more details about how our services will best serve you.
Comments
Post has no comments.