Member-only warehouses have grown rapidly across China in recent years.Fresh groceries, food, wine and even some luxury items.
There are hundreds of SLOT products available at stores like Sam's Club, Costco, and member-only warehouse retailers. their low price as a result of the implementation of a cost leadership strategy. It is a huge success in attracting customers.
They have operated in non-central areas where land prices are lower. And the products they offer can turn around quickly. All this allows them to offer products at reduced prices. And the membership-only format gives them confidence in their cash flow.
These are the main competitive points of those stores compared to regular stores,” said Roland Berger Principal Neo Li.comparison of success Some retailers have turned their hypermarkets into membership stores to gain a larger share of the emerging segment.