Costco ethical dilemma

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February 10th, 2017 at 8:26:12 PM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 677
Posts: 7744
Quote: stinkingliberal
Somebody did a study and determined that based on the price of membership and the savings derived from shopping at Costco as opposed to other places that offered comparable goods, you have to spend about $2500 a year to justify the cost.


Just to be clear the argument was not that Costco wasn't worth it, but that the executive membership for an extra $50 isn't worth it. The calculation is very simple (it is not a study). The Executive membership costs an extra $50 and you get 2% reward on most purchases in addition.

So the extra $50 means you have to spend over $50/2%=$2500.
February 10th, 2017 at 10:54:16 PM permalink
stinkingliberal
Member since: Nov 9, 2016
Threads: 17
Posts: 731
Quote: Pacomartin
Just to be clear the argument was not that Costco wasn't worth it, but that the executive membership for an extra $50 isn't worth it. The calculation is very simple (it is not a study). The Executive membership costs an extra $50 and you get 2% reward on most purchases in addition.

So the extra $50 means you have to spend over $50/2%=$2500.


The study I was referring to dealt with the costs of basic membership, which pretty much just gets you in the door, only.
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