Shaan Puri pitches a Costco-style membership clothing store. Charge $100 a year, then sell basics like a $25 shirt that costs $5 to make at just 10% markup. Members break even on the membership fee in one or two months.
You buy a shirt for $25, that shirt probably costs $5 to make. I think that somebody can go create the Costco for clothes. Costco's model is you pay $100-something-ish bucks a year for the membership, and then they give you all the groceries at cost plus 10%. Like, just give me the stuff raw. I'll pay the actual goods cost plus 10%, and I'll pay you the membership fee because, hey, for me, I make back the membership fee within my first month or two of shopping with you.
