Costco ethical dilemma

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15 members have voted

February 10th, 2017 at 8:26:12 PM permalink
Pacomartin
Member since: Oct 24, 2012
Threads: 736
Posts: 8583
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.
July 16th, 2017 at 6:39:00 AM permalink
terapined
Member since: Aug 6, 2014
Threads: 38
Posts: 3217
I finally joined Costco. Bought the cheapest membership. What I like is walking around getting some exercise while snacking. Yup, the free snacking is the biggest attraction for me. They are just up the street from me so just a few minute bike ride. I often go up there just to walk around and check out the free snacks. Sometimes there are a lot of free sample stations, sometimes not so many. The only things I have bought is wind sheild wipers. They dont last long in the FL heat. Sugar, just slightly cheaper then grocery store. Gas but not much since I work from home so dont drive a lot. A dungeness crab. It was 17 bucks for a whole one. I steamed it up, delicious. A pack of bananas for 1.37. So cheap. Was eating one or 2 bananas a day. Thats it for bought items at Costco. I am pretty cheap, not interested in most of the products they sell.
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"
July 16th, 2017 at 8:08:46 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 50
Posts: 4825
high quality items are rarely offered as 'tasters', mostly junk food.
July 16th, 2017 at 8:08:47 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 50
Posts: 4825
Pharmacies are open to the public, not just cardholders.
July 16th, 2017 at 9:01:58 AM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 6784
Quote: Fleastiff
high quality items are rarely offered as 'tasters', mostly junk food.


Yeah, seemed like all highly processed frozen snack foods the 1-2 times I was there. I would not expect much else, the place has a monster frozen foods section. I just can't bring myself to pay to shop somewhere.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
July 16th, 2017 at 10:54:35 AM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 110
Posts: 11618
I joined Costco for the great rates they
have on rental cars sometimes. I rode
one of the electric scooters up and down
every aisle and could not find one thing
I can't get for the same price or cheaper
at Walmart. It was a Tue and the check
out lanes were jammed. 5 carts loaded
to the top in every one. A customer said
on weekends checkout easily takes 45
minutes.

Screw that.
If you take a risk, you may lose. If you never take a risk, you will always lose.
July 16th, 2017 at 11:37:28 AM permalink
AZDuffman
Member since: Oct 24, 2012
Threads: 103
Posts: 6784
Quote: Evenbob
It was a Tue and the check
out lanes were jammed. 5 carts loaded
to the top in every one.


This is one reason they can pay better than WMT. Their sales/employee ratio is very high as the stores are very bare bones.
The man who damns money has obtained it dishonorably; the man who respects it has earned it
July 16th, 2017 at 11:41:28 AM permalink
terapined
Member since: Aug 6, 2014
Threads: 38
Posts: 3217
Quote: Evenbob
I joined Costco for the great rates they
have on rental cars sometimes. I rode
one of the electric scooters up and down
every aisle and could not find one thing
I can't get for the same price or cheaper
at Walmart. It was a Tue and the check
out lanes were jammed. 5 carts loaded
to the top in every one. A customer said
on weekends checkout easily takes 45
minutes.

Screw that.

I do buy some items at Walmart even though I have a costco membership.
On the other hand
Never seen a 45min line at my costco.
They are very efficient and fast
2 employees to a register
One ringing up and the other moving items through quickly. No lag on large items due to this
Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World"
July 16th, 2017 at 11:50:30 AM permalink
Evenbob
Member since: Oct 24, 2012
Threads: 110
Posts: 11618
Quote: AZDuffman
This is one reason they can pay better than WMT. Their sales/employee ratio is very high as the stores are very bare bones.


They sell bulk items which Walmart does
not. But price wise they don't beat Walmart
for the things I buy. And Costco is just too
huge, it stupid huge.
If you take a risk, you may lose. If you never take a risk, you will always lose.
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