Costco Wholesale app

Costco offers a wide variety of products, covering various fields such as food, daily necessities, home appliances, clothing, and electronic products, and often launches limited or exclusive products to meet the diverse needs of members. Costco's strict selection of commodity suppliers and bargaining power ensure high quality and low price of goods. Whether it's art, books and clothing, computer software, wine, furniture, appliances, electronics, even hot tubs, jewelry, as well as dairy products, baked goods, flowers, produce, meat and seafood, Costco offers it all.

About this app

The Costco Mobile App is the easiest way to save time and money on the go. We've completely re-thought our mobile app and made it easier for members to access the incredible values found only at Costco.

Feature

New! Your membership card is now available on the Costco app. Enter the warehouse and begin checkout at the register by using the Digital Membership Card on your phone.

SAVINGS: With the Costco Mobile App you'll always have the latest warehouse savings right on your device.

SHOP: Members can shop Costco.com’s unique, expanded selection, offering thousands of items not found at your local warehouse, delivered straight to your door.

WAREHOUSE INFO: See details about your nearest Costco including hours of operation and holiday hours, and navigate straight to the warehouse.

SHOPPING LIST: Keep track of the items you want to pick up on your next trip to Costco.

PHOTOS: Order prints, wall décor or photo gifts anywhere, anytime.

PHARMACY: Order prescription refills & check status on prescriptions. Get refill reminders, track your medications, manage family accounts, transfer prescriptions, and find a Costco pharmacy.

FEEDBACK: Costco is always looking for ways to improve your experience. Tap Feedback and tell us what you think of our mobile app, website or warehouse.

Costco Wholesale pricing strategy and membership system

Costco's pricing strategy includes large volume pricing, reverse blade + tool holder pricing and negative pricing. The bulk pricing strategy reduces the price per milliliter by increasing the volume of goods, which attracts consumers to buy more goods. The reverse blade + tool holder pricing sells the main product at a high price, but the subsequent services and consumables are low, which stimulates the continuous purchase desire of users. Negative pricing allows consumers to get a real financial return on their purchases by giving premium members a rebate. Costco's annual membership fee accounts for 80% of its gross margin and 70% of its operating income, which is one of its main sources of profit.

Market positioning and competitive advantage of Costco Wholesale

In the market, Costco is positioned as a high-end membership warehouse store, attracting a large number of loyal members with its high quality, low price and rich variety of commodities. Costco's competitive advantage lies in its unique membership system, select merchandise strategy and efficient operation system. The membership-based business model ensures that Costco can continue to provide members with valuable services and products, and enhance member loyalty. The select product strategy enhances the shopping experience of consumers by strictly controlling the variety and quality of goods. An efficient operating system reduces operating costs and improves commodity turnover through optimized supply chain and logistics distribution.

Development history and important events of Costco Wholesale

Costco's history can be traced back to the founding of Price Club in 1976 and Costco Wholesale in 1983. In 1993, Price Club and Costco merged to form Price Costco, which changed its name to Costco Wholesale Corporation in 1999. In the process of development, Costco has experienced a number of important events, such as the opening of the 100th store in 1992, the official resumption of the Costco name and stock symbol in 1997, and the acceleration of the layout of the Chinese market in recent years. These events not only mark Costco's rapid development and expansion, but also its ability to constantly adapt to market changes and optimize its service and merchandise mix.

What’s new

Bug fixes and improvements