Costco’s markup on jewelry can vary depending on the specific item and brand. However, as a general rule, Costco tends to markup their jewelry items by around 14-15%, which is lower than the industry standard. This is because Costco operates on a low-margin business model and aims to provide value and affordability to its customers.
Additionally, Costco’s jewelry products are typically sourced directly from the manufacturers, which helps to reduce the cost and increase efficiency.
Overall, Costco’s lower markup on jewelry is one of the reasons why it is known for offering quality products at a lower price.
