Reported 4 months ago
Costco sees strong sales in gold bars and silver coins, estimating around $200 million per month in sales, with these high-value items helping to drive e-commerce growth. Despite low markups on these items, the appeal lies in their exclusivity and attraction for collectors. Costco's strategy of selling these metals online has paid off, with digital sales increasing by 20.7% compared to last year. The exclusivity of these items also serves as a way to attract new members, making them a valuable asset for the company's online sales growth.
Source: YAHOO