Talk of The Villages Florida - View Single Post - Is it true about Costco?
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Old 04-24-2024, 10:33 AM
ElDiabloJoe ElDiabloJoe is offline
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Quote:
Originally Posted by BOWRUNNER View Post
its nuts to pay to spend your money!
Many years ago, someone in my sphere wanted a certain pair of sunglasses for a gift (Birthday or Christmas - I can't remember). They were expensive for back then, something like $120. I told myself if I could find them cheaper at Costco (Price Club actually, before it was Costco) even after the membership fee of $30 or whatever it was then, I would join.

Well, they had the sunglasses for $80. So I paid the $30 membership plus the $80 item cost, and still saved $10. That type of saving for me has continued all these many years - especially with the 2% $120 membership. I save more than $60 on it each year so it is the same cost to me as the standard $60 membership, plus I save more.

Costco's primary business model isn't necessarily profit margin on selling things, it's selling memberships. That is why things are so much less, and that is why I continue to renew and shop there every year.

Ex: For the same price as the grocery store, I get a package of Charmin twice as big as that sold at the grocery store. I get new Michelin windshield wipers every year for $8 each, they are $30 at the auto parts store. For ten cents more than the half-gallon of milk I get at the grocery store I can get a full gallon at Costco. Just a few simple first-hand examples.

Truthfully however, I should delete this post. I mean, if I convince you to go there and join and shop there, then I have created even longer gas lines and a more crowded shopping experience than I would other wise get. So forget everything I said, you just keep shopping at Publix and BJs and I'll be perfectly happy!
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