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One Response to “How does Costco and American Express benefit from co-branding with eachother?”
I don’t know the definite answer but I’m fairly sure that American Express pays Costco a large sum of money and in return Costco requires that all it’s customers obtain an American Express card. This way American Express earns more money because people are forced to use their card to go to Costco and Costco gets money from AE.
August 21st, 2009 at 7:29 pm
I don’t know the definite answer but I’m fairly sure that American Express pays Costco a large sum of money and in return Costco requires that all it’s customers obtain an American Express card. This way American Express earns more money because people are forced to use their card to go to Costco and Costco gets money from AE.