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Re:Love Song to Costco by shaftway on Monday July 11, 2022 @03:27AM (#32053282)
I strongly suspect it's the extra services that third parties sell through them. Like the vacation packages, air conditioning installation, etc. We almost got a Puronics filter through them, but stopped short when we found out that it was $9000 at Costco, but $6000 through an independent installer.
Re:Love Song to Costco by lotsofpulp on Monday July 11, 2022 @05:43AM (#32054047)
Costco’s profit is all membership fees. Everything else is (in aggregate) sold at cost. This is public information in their 10-K filings.

For the hotel and travel stuff, they get a commission like other travel agents/channels.