Current Events > [Serial] Could someone explain to me the idea of Costco?

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saspa 02/21/18 12:11:06 PM #12:	Tell me more about this buying gas --- http://i.imgur.com/0UFI0T9.jpg <cite>saspa posted [p:896497408] in [Serial] C... [t:76335705]...</cite> <quote>Tell me more about this buying gas</quote> ... Copied to Clipboard!
Darkman124 02/21/18 12:39:29 PM #13:	r4X0r posted... The same reason bars charge cover. More than half their revenue comes from the membership fees. They're a company that makes money by charging people money to sell them things. I had to do a massive 50 page case study on Wal Mart vs Costco back in college. i'm amazed you managed to mix up revenue and profit in your 50 page case study costco's membership fees produce ~$2.8b of revenue. their annual revenue is $129b. their net income (profit) is ~$2.7b. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. <cite>Darkman124 posted [p:896498942] in [Serial] C... [t:76335705]...</cite> <quote><cite>r4X0r posted...</cite> <quote>The same reason bars charge cover. More than half their revenue comes from the membership fees. They're a company that makes money by charging people money to sell them things. I had to do a massive 50 page case study on Wal Mart vs Costco back in college.</quote> i'm amazed you managed to mix up revenue and profit in your 50 page case study costco's membership fees produce ~$2.8b of revenue. their annual revenue is $129b. their net income (profit) is ~$2.7b.</quote> ... Copied to Clipboard!
Shuto-uke 02/21/18 12:40:16 PM #14:	saspa posted... Why do they make it so that you need to be a member to shop there? Isn't a business all about getting as much customers as possible? They make money off the membership more than then actual sales <cite>Shuto-uke posted [p:896498979] in [Serial] C... [t:76335705]...</cite> <quote><cite>saspa posted...</cite> <quote>Why do they make it so that you need to be a member to shop there? Isn't a business all about getting as much customers as possible?</quote> They make money off the membership more than then actual sales</quote> ... Copied to Clipboard!
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Darkman124 02/21/18 12:41:20 PM #16:	masticatingman posted... Clubs usually charge cover, most casual bars do not. Well, can at least attest that in my city, have frequented a lot. coincidentally costco is a warehouse club --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. <cite>Darkman124 posted [p:896499054] in [Serial] C... [t:76335705]...</cite> <quote><cite>masticatingman posted...</cite> <quote> Clubs usually charge cover, most casual bars do not. Well, can at least attest that in my city, have frequented a lot.</quote> coincidentally costco is a warehouse club</quote> ... Copied to Clipboard!
Shuto-uke 02/21/18 12:41:22 PM #17:	r4X0r posted... The same reason bars charge cover. More than half their revenue comes from the membership fees. They're a company that makes money by charging people money to sell them things. I had to do a massive 50 page case study on Wal Mart vs Costco back in college. Bingo <cite>Shuto-uke posted [p:896499057] in [Serial] C... [t:76335705]...</cite> <quote><cite>r4X0r posted...</cite> <quote>The same reason bars charge cover. More than half their revenue comes from the membership fees. They're a company that makes money by charging people money to sell them things. I had to do a massive 50 page case study on Wal Mart vs Costco back in college.</quote> Bingo</quote> ... Copied to Clipboard!
Deadpool_18 02/21/18 12:41:59 PM #18:	I learned something today. On CE of all places! --- We're whalers on the moon, we carry a harpoon, but there ain't no whales, so we tell tall tales, and sing our whaling tune. <cite>Deadpool_18 posted [p:896499091] in [Serial] C... [t:76335705]...</cite> <quote>I learned something today. On CE of all places!</quote> ... Copied to Clipboard!
thelovefist 02/21/18 12:43:55 PM #19:	saspa posted... Tell me more about this buying gas Costco sells gas --- N/A <cite>thelovefist posted [p:896499209] in [Serial] C... [t:76335705]...</cite> <quote><cite>saspa posted...</cite> <quote>Tell me more about this buying gas</quote> Costco sells gas</quote> ... Copied to Clipboard!
KiwiTerraRizing 02/21/18 12:58:14 PM #20:	The point for me is saving money by buying in bulk. I make up my membership just on milk and butter each year. --- Jake Peralta: World's Grossest Pervert <cite>KiwiTerraRizing posted [p:896500004] in [Serial] C... [t:76335705]...</cite> <quote>The point for me is saving money by buying in bulk. I make up my membership just on milk and butter each year.</quote> ... Copied to Clipboard!
Darkman124 02/21/18 1:16:21 PM #21:	dog food is another ultra-low margin item for costco --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. <cite>Darkman124 posted [p:896501065] in [Serial] C... [t:76335705]...</cite> <quote>dog food is another ultra-low margin item for costco</quote> ... Copied to Clipboard!
saspa 02/23/18 2:34:06 AM #22:	thelovefist posted... saspa posted... Tell me more about this buying gas Costco sells gas You mean like, that stuff for cars, or like the stuff to power bbqs and for cooking? --- http://i.imgur.com/0UFI0T9.jpg <cite>saspa posted [p:896608400] in [Serial] C... [t:76335705]...</cite> <quote><cite>thelovefist posted...</cite> <quote><cite>saspa posted...</cite> <quote>Tell me more about this buying gas</quote> Costco sells gas</quote> You mean like, that stuff for cars, or like the stuff to power bbqs and for cooking?</quote> ... Copied to Clipboard!
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Current Events > [Serial] Could someone explain to me the idea of Costco? (+) Yeah! (+)

Current Events > [Serial] Could someone explain to me the idea of Costco?