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 [email protected] for more details about how our services will best serve you.