The MEMBERSHIP ECONOMIC model has been very effectively applied by hundreds of companies of all industries around the world, of which Costco and Netflix are the two most typical companies. Costco is one of the leading retailers in the US. As of August 28, 2022, Costco generated $222.7 billion in sales. Of which, the cost of goods sold is $199.4 billion and selling and administrative expenses are $19.8 billion. Thus, Costco's gross profit from sales is $3.6 billion. Meanwhile, membership card sales brought Costco $4.2 billion with almost no additional costs, contributing up to 54% of Costco's net operating profit (7.8 million USD). billion USD). NetFlix is a subscription-based streaming service that allows NetFlix members to watch TV shows and movies at a very low monthly cost. 2022 revenue is $31.62 billion with $4.5 billion in net income and earnings per share of $11.24.

Because the MEMBERSHIP ECONOMIC model brings very good business results and is sustainable, many researchers have edited it into a book. One of the very valuable books is THE MEMBERSHIP ECONOMY - MEMBERSHIP ECONOMY by Author Robbie Kellman Baxter (American). Having gained the useless knowledge from this book, we feel it is our responsibility to spread the knowledge to the worldwide business community more deeply and this economic model to apply effectively, that's why. this course was born.

WHAT VALUES THIS COURSE
You will find a way to make your customers happy
You also find a way to make your associates happy
Finally make sure you are really happy
LEARNING ROAD

THEORY >>> PRACTICE ON REAL PROJECT >>> SUMMARY AND ACTUAL APPLICATION IN BUSINESS

Our mission in this course is to help you convert transactions into lasting relationships

and help you always have effective recurring revenue from your members