The table above comparing Costco and Target financials is similar to one given in the course...

  

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The table above comparing Costco and Target financials is similar to one given in the course material. List at least three key differences between Costco and Target in the table and describe how they reflect Costco's pursuit of a two-part pricing strategy. Describe how the differences are reflected in Costco's business strategy. Complete Answer: List three or more differences and explain WHY those differences exist. Fees for Costco and none for Target Revenue twice as much for Costco Lower gross profit for Costco Cost of goods sold almost three times as much for Costco . Differences in operating strategies are reflected throughout: i.e. SG&A the same even though more sales for Costco Describe Two-Part Price Strategy Standard Model Costco in Practice Revenue (sales) Revenue (fees) Cost of goods sold Gross profit Gross profit margin SG&A expense Total net income Costco (September 2020) Target (February 2020) 163.2 77.1 3.5 0 144.9 18.2 11.2% 16.3 4.0 54.9 22.2 28.8% 16.2 3.2 in billions The table above comparing Costco and Target financials is similar to one given in the course material. List at least three key differences between Costco and Target in the table and describe how they reflect Costco's pursuit of a two-part pricing strategy. Describe how the differences are reflected in Costco's business strategy. Complete Answer: List three or more differences and explain WHY those differences exist. Fees for Costco and none for Target Revenue twice as much for Costco Lower gross profit for Costco Cost of goods sold almost three times as much for Costco . Differences in operating strategies are reflected throughout: i.e. SG&A the same even though more sales for Costco Describe Two-Part Price Strategy Standard Model Costco in Practice Revenue (sales) Revenue (fees) Cost of goods sold Gross profit Gross profit margin SG&A expense Total net income Costco (September 2020) Target (February 2020) 163.2 77.1 3.5 0 144.9 18.2 11.2% 16.3 4.0 54.9 22.2 28.8% 16.2 3.2 in billions

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Three key differences between Costco and Target in the table 1 Costco generates revenue from members... View the full answer