Costco - Why They're So Successful

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Episode Description:
There's no company out there quite like Costco. It continues to grow in popularity and that success can be attributed to some unique strategies. This video outlines these strategies and attempts answer why Costco is so successful.
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[@unleashedrider4309]

its actually $1.50 for a 1/4 lb hot dog and a twenty ounce soft drink plus a refill and you dont need a membership to buy one. when i was homeless and refused to beg, instead going dumpster diving in filthy disgusting dumbsters for cans. this was a life saver. i would only make $7 a day after 10 to 12 hrs of canning and im so greatful of having that food for the price.

[@marcusbassett7785]

unleashed rider salute to you for your progression,don’t look back .born to be a billionaire

[@CaneSugarCane]

How did you get out of the homeless situation?

[@user-ov6yp3kq1j]

@@CaneSugarCane prolly apllied for a job and slept close by

[@CaneSugarCane]

@@user-ov6yp3kq1j so many details to be had

[@LithmyB]

Castcos soda is dirt cheap same price at mcds but you get a hot dog for 50c

[@jebeda]

I think I read an article talking about how Costco has a significant number of executive and top managers who started out as low level warehouse employees. I believe they have a policy of trying to advance the employees through different positions and have programs for college and other training. Hiring from within helps to create a culture where the employees have a sense of loyalty and belonging.

[@tynao2029]

Have you ever worked there? There is no loyalty and belonging. It's the same as anywhere else, if you are close enough to the people in power they will promote you.

[@troubletrevy]

Ty Nao, No johann is right, my dad has been working at Costco for 21 years he stared off as a shopping cart guy now he owns a store in Colorado

[@troubletrevy]

He slowly made his way up and has moved from store to store I’ve moved like 7 times because he gets a job in a different town

[@tynao2029]

@@troubletrevy yeh well that's cus shopping cart guys have the easiest job in the whole store I would have killed to work pushing carts around, I had to work in the food court where you are set up to fail

[@LNSMITH-iq6ye]

@@tynao2029 shut up crybaby. You probably just didnt have what it takes.

[@FflawedMetalhead]

I used to work at Walmart, and now I'm a cart-pusher at Costco. Costco genuinely cares about their employees. Management actually listens to you and actively tries to come up with solutions, they are genuinely invested in your personal/familial health, and are incredibly flexible with schedules, as well as constantly offering training in other areas of the store (which usually means a $1/hr pay bump). I'm going on 2 years, and after 14 years of various retail stores, it's the best company I've ever worked for. I actually matter, even as a cart-guy.

[@munozcampos]

That's great. Its one of the reasons I feel great when I shop at Costco. High Quality products and employees.

[@CoasterMan13Official]

Seems to be the place Karens like to shop at the most.

[@christopherkilian9763]

Cart guy? How did you score that superb position?

[@andrewsalazar98]

@@CoasterMan13Official Karen’s know what’s up then.

[@CoasterMan13Official]

@@andrewsalazar98 no, it's because they get to be as b!tchy as they want without societal repercussions.

[@famousamos]

I've been to Costco in Asia and it's super popular there as well.

[@VK2GPU]

In Australia too!

[@kaimcdragonfist4803]

Costco in South Korea was one of my favorite places to shop when I lived there. Reasonably-priced western foods as well as other basic necessities under the same roof? Yes please.

[@hyunie16]

@@kaimcdragonfist4803 their membership prices are lower too!

[@ksc1406]

2 years late, but where in Asia?

[@shnolfy]

Ive never heard of it before.

[@WolfPackAlpha-sn2sw]

When I was like 7 I lost my parents in a Costco... one of the staff asked me why I was looking through an isle by myself soI told her what happened and they helped me find my parents in like 5 minutes... thanks Costco, I was fixing to have a panic attack.

[@lilyluvspink]

Me too! But I was 5 and got stuck watching a movie in the giant TV displays. Turned around and my parents weren't there anymore. It all worked out though :) I love Costco.

[@MaherandIbrahimsAvengers]

Same execpt it was my fault I was with my dad and told him that I wanted to check out the dispay phones and stuff like that and he told me he would he would come back for me after he is done shopping. Few minutes of playing Subway Surfers on the Iphone 9 display phone and I decided I was bored and went looking for my dad. I couldn't find him and started crying a employee saw me and I told him I am lost and he brought me to the front of the store and a few seconds later I see my Dad in line to buy the stuff and when I asked him where was he, He told me he was going to pick me up when he was done.

[@2ManyGoats]

They gave me a a whole pallet of new parents

[@GER-sm3gh]

Sounds like you all have parents that, at best are totally negligent, and at worst, couldn't give a shit about you lol

[@batman1776]

You lost your parents? You mean they lost you

[@YellRyan]

They tore down a Costco near me..... Just to build a bigger one 5x as big.. it was glorious.

[@ryanphan9819]

Episode 1: Doomsday Episode 2: Bloomsday

[@DoctorX149]

I think they did that to mine as well but I was too young to remember the original xD

[@sterlingdelrey]

*_top ten anime betrayals_*

[@jss27560]

They need to do the same for the one where I live. Always packed with long lines and no gas station.

[@DebiohTBT]

blYnk Hey!

[@heath8377]

Costco will probably never be in Arkansas. Walmart will never allow it and they have a massive influence over the state.

[@niiwo]

@KelMaster Construction we have everything in central missouri except for costco but i want a costco lmao

[@_trentonjo4105]

yeah but Walmart and Sam’s club are based out of Bentonville Arkansas so Walmart/Sam’s Club is all over Arkansas so no one would buy from Costco because they are used to Walmart/Sam’s Club

[@Audrey.May16]

I have Costco and sams club right across the street from each other lol

[@jacobwong2230]

They might have a rap battle.

[@nolanneals2568]

This is lovely

[@richardgls11]

For all those people shopping at Costco, Thank you so much. This is from an employee that has been in the company for 16 years and I'm doing this on my day off. Thank you and thanks Costco for treating us very well, from the bottom of ❤

[@wendyokoopa7048]

Thank you for your service. I loved shopping at Costco. In fact I was watching this video on a TV I bought from a Costco.

[@Starscreamious]

"Welcome to Costco, I love you."

[@CommaV9414]

I worked at a relatively new Costco in Southwest Florida, where retired rich Midwesterners, Vietnam Veterans, and Canadians made up like 70% of our members. They were very friendly and prone to generous tips, which I would deny then take covertly when they insisted. Because employees can’t accept them. It was like their gathering place to talk and have hot dogs. They liked how everything is good, bulky, and reasonably priced. Mind you they mostly drove Corvettes, Mercedes Benz, BMW, Audi, Range Rovers, and even several Bentleys. I even saw some very rare cars like RHD MGs and Lamborghinis too. Many of my coworkers were also Midwesterners, not rich though obviously, and will retire in 10-15 years. I guess they asked to be transferred to that Costco to prepare for retirement in Florida. The greeters were genuinely like friends with a lot of the members, they’d ask them about their family and what they were up to. And a lot of times they would ask where they were from and would chat about their home states/citys especially if they were from the same one. Fond memories even though I got some wicked food poisoning from a hot dog once.

[@cadenr06]

Wauser wow

[@Rangernewb5550]

Yeah I have fond memories of a pizza I got there once. And the coinciding month I spent on the toilet.

[@ethansloan]

Getting tipped while working retail is always the best!

[@jnoah7537]

You had me in the clouds until you said food poisoning!!! That would have been my last day there for sure. I don't fu**s with food poisoning.

[@mikezerker6925]

I wonder what the Lamborghini drivers bought at Costco... it’s not like anything would fit in those tiny trunks those cars have!

[@ilovecodemonkeys]

Costco runs a company the way I would want to. Treating your employees well, keeping prices low, and making money with an alternate method that doesn't bankrupt shoppers. Definitely love Costco. Would shop there over WalMart any day!

[@fauxmanchu8094]

ilovecodemonkeys 👍👍👍

[@DarthAwar]

Yeap basic rules are: 1. Have enough people on the floor to do the work! 2. Give them all enough training so they can help each other out and not just worry about their job! 3. Give them decent wages and maybe even benefits (In AUstralia a boss has to pay 1/10 of what the employee has earnt into their superannuation (Retirement fund!) The Employee still gets every cent they earnt but the boss must pay an extra 10th into an account they can not access normally so they have at least some money when they retire! 4. Ask Employee's what you can do to make things better and than do it if it is practical! 5. Happy Staff = Happy Customers! 6. Happy Customers means return Business and better results! He did not talk about how Costco does Petrol something the rivals do no do!

[@madjayhawk]

I have never once have felt like I was getting screwed over on price or quality at Costco. We left Sam's Club because they raised the price on my Cherrioes and put up a sign saying that the price was the new lower price. Really p*****ed me off and I went to the manager to complain who looked at me like I had leprosy or something. We joined Costco the next day. Sam's Club hotdogs are better however.

[@wendyokoopa7048]

When I was buying my TV(which is still being used) I ended up buying it at Costco. 799.99 before taxes for a 42 Inch lcd 1080p TV with included extended warranty is a steal.

[@GPeterG-km1xj]

They provide value, affordable, cheap and quality in one package. Their low gas prices also is a key to attract customer to the door.

[@giladlevitz3283]

I hear they sell cars now.

[@greenboarder89]

the gas stations are safe too! that alone is worth it imo

[@softbatch1]

I'm inclined to give my business to a company like Costco that takes such good care of their employees. I'm all about good customer service. It's my favorite reason to return to a store or shop. It's upsetting to me when I'm handing over money to a sour faced associate who'd rather not be there.

[@tynao2029]

oh believe me, they would rather not be there. CostCo is one of the worst places to work

[@delta-76]

@@randomgaming8616 he's just a butthurt worker a thread above shows him spewing nonsense claims against a Costco worker on worker conditions and such

[@powerstarscreem3254]

@@randomgaming8616 lol. Hes lying. Costco gives bonuses to employees every 6 months after they top out. All the Costco's in WA hire at 15 bucks an hour, the benefits are unbeatable, I get glasses for free. And on top of all the small shit, like free food, gift cards that we win, and free merchandise raffles, I make 30/hr to cut meat. I'm willing to bet the fucking idiot above, was probably a shitty worker who was fired.

[@powerstarscreem3254]

@@tynao2029 hahahahahahahah. Awwwww I'm sorry, couldnt make it at costco? Go back to pushing carts you fucking pussy😂😂😂

[@powerstarscreem3254]

@@tynao2029 you belong at mcdonalds. Stay down there bitch.

[@hognigk96]

lol Costco opened in Iceland before Arkansas

[@supernovasbot3608]

Lmao

[@theccanyon]

Lmfaoo

[@Tech-cy9yo]

@Shay True Blue Aussie F

[@awsome4518]

Cries in Arkansan

[@Rainb0wzNstuff]

Lamo

[@asteri8299]

costo feels like its in another realm, time speeds up when you walk through those doors and i often feel like im in a video game when i shop there. its a good experience

[@giladlevitz3283]

I had not realized what I was missing out on before I walked into Costco, and saw TWO GALLONS OF DILL PICKLES. Whenever I go to Costco I feel as if I'm opening a door to infinite possibilities, whether that means pianos sheds bikes cars pickles or protein bars.

[@thebravegallade731]

@@giladlevitz3283 for the membership price of 60$ a year, they give you wholesale prices for... pretty much everything. so you end up buying more stuff at costco. and the more people buy at costco, the cheaper costco can get stuff. cosco is built upon a model thats mutually beneficial to all involved...

[@giladlevitz3283]

@@thebravegallade731 I like CostCo.

[@angelofino14]

I just tried Costco pizza not too long ago for the first time. It was honestly life changing

[@TheRealBigface]

Yep

[@tynao2029]

Just don't watch how and where they make it you might start throwing up

[@TheRealBigface]

@@tynao2029 It is just robots

[@raptorfromthe6ix833]

havent ate the pizza there for along time but the hotdogs and the turkey sandwich are pretty good wished they built one near my school

[@tynao2029]

@@TheRealBigface Nah its kids with no gloves dirty ass booger hands and blowing snot all over the pizza dough trust me I used to work at the food court

[@lukeweaver5794]

when I go to Costco the employee would often write smiley faces on the receipts.

[@jonathanbeck7580]

sameeeee

[@Audrey.May16]

They used to but my Costco got really busy and they don’t have time anymore

[@namikkou]

I always liked that, it made me feel happy c:

[@thebravegallade731]

@@Audrey.May16 eh that happens.

[@jmonty1595]

Growing up, I went to Costco with my parents every Friday night. When I was younger, the receipt checker would always do this, but they stopped around when I was a teenager. Still have very fond memories of those times. :)

[@ErossMcCloud]

$1.50 Hot Dogs Enough said.

[@lunarlancer]

Eross Van Leer don't forget the drink that comes with it too

[@MysteryMii]

Lunar Lancer That drink also comes with a free refill.

[@youtubasoarus]

I've tried them several times, not a fan. Cool that they're so cheap though.

[@James-ip5gz]

MysteryMii215 Can't beat it

[@axirnindar4171]

youtubasoarus they are not only cheap but they are all beef too.

[@jerrykelley9475]

I've been a member of Costco since 1984, only back then it was known as Price Club. I've found the employees to be very helpful and friendly. I noticed many of them began working there and retiring 30 and 40 years later. I've seen more happy employees there than any place I've shopped at.

[@funnehsfan1122]

Jerry Kelley if only you invested in their stock then u would be a millionaire

[@sashaa.d3421]

Jerry Kelley I would venture to say that the employees were happily frolicking through the isles having a gay ol’time eh.

[@tynao2029]

CostCo food court was the worst job I ever had, by far. Maybe good for employees if they don't have to work and have the easy jobs

[@TheJudge064]

@@tynao2029 shut up dude. I saw you on an other comment too, and your just talking to yourself honestly. Not every Costco is the same, and I'm sorry the one you worked at was bad, but all these guys are doing is telling how their experience was. You don't have to be an ass dude.

[@downandforget5228]

Ty Nao Honestly you seem to have a lot of time on your hands to comment over and over again about how much your job sucked. Look, you aren’t special. I’m sorry that your job sucked but a million other people have to work harder jobs than food court and they don’t complain.

[@lostintime8651]

I took a nap in a Costco parking lot the other day. No membership fee required.

[@tynao2029]

Damn someone should have robbed you

[@getpoked2498]

I went and brought my Starbucks water cup and quickly refilled it with soda at Costco. No membership fee required.

[@tynao2029]

@@getpoked2498 there will be soon lol, get lall of your soda fill now idiot

[@wildcardactual3110]

Ty Nao Mate, considering that you've been at this for a year, Im more convinced someone's paying you to smear. The hell did Costco do to you?

[@joshuajoe1419]

Wildcard Actual ikr I Cafe back to this video one year later and he’s still hating on it.

[@allnamesaretakenful]

I always feel bad for the regular Wal-Mart employees. Costco isn't depressing like Wal-Mart.

[@alexisramos4055]

Tbh i work at costco and i feel bad for other retail employees

[@tynao2029]

Ever worked there idiot? CostCo is actually much worse to work than WalMart. AT least at WalMart you get to leave when your shift ends

[@tynao2029]

@KelMaster Construction kind of like construction...

[@giladlevitz3283]

The reason I like Costco is because when I walk in, I don't feel like a bad person.

[@8jaytee]

@@tynao2029 stores literally cant force you to work OT without your permission. stop spreading bullshit

[@ScipioXII]

To be honest, 2008 and 2009 was pretty rough for everyone

[@User31129]

Understatement of the week

[@Kevine7001]

Ugh not my favorite years

[@RandemNJ]

Elaborate please.....

[@gaijinoverseer950]

Im a young boi please explain

[@ScipioXII]

Randem NJ the recession

[@TheNLHunting]

I worked at costco, the company is basically built on two major pillars; 1) the environment of the store - simplistic, not cluttered, neatly organized and efficient. 2) Fairness - they get membership money and in return they sell the items as cheap as they can and at a high quality as well as offering other benefits like gas. Memebership fee's also keep out wal-marts pajama wearing trailer park clientele which contributes to improving the environment of the place. Basically they have a business model of everyone, including employees, are treated fairly and it builds loyalty. Basically I can confirm to you that yes, their intentions were pure, its not a scam, they do want to treat their members well.

[@BicyclesMayUseFullLane]

I mean, it's still self-interest in the sense that membership fee is actually how they make money. But since everyone is better off (barring any negative externalities, like cars idling for hours while trying to actually get the cheap gas), nobody really cares.

[@michelleinfo-vlog2449]

With Executive Membership at Costco, you can get special pricing on luxury cars/SUVs. Email me for more information!

[@dariusdafigga]

I always did hate seeing pajama wearing trailer trash at Walmary

[@cbly]

haha, I've been saying for years that WalMart reminds me of a trailer park

[@bearworldwide101]

You do see the difference in Wal-Mart to a target too with the clientele because targets prices are a bit higher even cents make a difference you don't see a lot of trashy folks hanging there. And Costco it's a whole new level of different clientele they don't trash the place up for cheap single products. They sell by bulk and usually at a reasonable price but for those who know math well can tell that difference. Hell even Sams club same thing the membership is about 10 to 20 bucks less than Costco and you don't see as many trashy folks as Wal-Mart. And they're the same company and in some cases have both connected together like the one in evergreen park.

[@jamsbong]

I have been a Costco member for 5 years. It is worth everything! It make sense if your expenses is for a family. Everything you spend earns a 1% reward and every year the reward pays for the membership itself so it is free for me. I pay for cheaper goods and I spend enough so that the membership is effectively free. They also have incredible level of customer service. You can return anything you’re not satisfied with and they never hassle you. Makes your purchases stress free, since you can always return if it doesn’t fit, if it doesn’t work properly. Etcs. I also have the Costco credit card which gives me an extra year of warranty for electric or electronic goods. Example, I bought a TV for $400 which include extended warranty from square trade and credit card totaling up the TV warranty to 7 years. Even if you don’t buy anything from Costco. Just filling up gasoline from Costco saves you tons of money! BTW, Walmart has a copycat version of Costco but they can’t match Costco price nor the customer service.

[@sujimtangerines]

Yeah, Sam's customer service isn't the same...I work for the sample company in Sam's and they usually treat us like we're shit on their shoes. Now that we're not doing the samples (covid) we are cleaning the stores and it's slightly better since the employees don't have to do as much of the deeper cleaning.

[@Emerald_Night]

You actually forgot one detail about the rotisserie chickens. They're located at the back of the warehouse under the idea that walking past all the other items in the store you might see something you want and end up buying it. They're bait to get you walking further into the building.

[@kewlman5417]

Big brain

[@Mister-kk7mk]

Costco is basically the Amazon of retail. They have a 90-day return policy, no re-stocking fee, products are generally cheaper, and for me, its the best place to buy electronics (e.x, computers,t.v.,etc) They extend your warranty by 2 years. And if you use their Citi Visa card, it gets extended by another 2 years. It is also a place to go to get free lunch (samples) or really cheap hotdog and pizza.

[@Halo1Light]

MegaCrasherMusic 🤔

[@kindlin]

Lol, but I think he means brick and mortar.

[@KevinJLyons]

I like to compare them to Burger King... Who's like the McDonalds of fast food.

[@kindlin]

McDonalds is the McDonalds of fast food. Burger King is the Burger King of fast food. I don't think one of us is doing this right.

[@wendyokoopa7048]

Mister I bought my tv from there

[@TylerAustin43]

Finally made the Costco video! Awesome thank you! Edit: I just Got to the part of the video with my comments, didn’t expect that Haha. thanks again!

[@AGFuzzyPancake]

I feel special just finding your comment.

[@User31129]

I was happy just to get replied to by a creator once, much less actually put in the video. Good for you!

[@KevinJLyons]

It's like yelling out a song at a concert... And they play that song!! But better, because 1,000,000 people will see it... eventually. Nice job!

[@badhazard]

TAP2K hey I work at costco also. CEO would never compromise our benefits

[@TylerAustin43]

Kevin Lyons hahaha nice way of putting it, thanks!

[@Real_Iron_Smith]

I love the idea of Costco because rather than operating as a retail company, they're a subscription service that can sell things almost at cost, undercutting almost every other competitor.

[@dinopet67]

What I love about Costco is that my wife purchased a sweeper about 3 years ago worked fine until on day it stopped working. Went to Costco spoke to them & they said bring it in and we can replace it at no charge. What other places does that? Another benefit is I purchased a 70" tv from Costco it come with a 2;yr warranty from Costco & if you purchase it with a Costco credit card you get another 2 yrs along with the 1 year warranty from the manufacturer.

[@powerstarscreem3254]

I work at Costco in the meat dept making 30 bucks an hour. With bonuses every 6 months. Everyone said it was impossible to have a consumer friendly company 🤷‍♂️

[@wendyokoopa7048]

I made a joke about watching this video on Costco on a TV I bought from a Costco. That included warranty is what got them my business. 📺 outlasted my relationship.

[@mumbojumbo88]

Maybe I missed it, but Costco's CEO also doesn't take home an exorbitant amount of money compared to their competition. Knowing employees are compensated well and the CEO isn't raking in money makes me happy to support them even as a single dude

[@SH-pm3dm]

Jerry Lee, you'r right about Costco CEO's pay. It's lot different than most of the big company CEO's. It's very admirable. I guess it's part of the reasons of Costco's success.

[@technicolorbipolar6244]

Good ol wholesome Costco

[@GER-sm3gh]

Whatever it is, he’s still in the 1% and you’re still in the 99. You think making 14 bucks an hour is making a lot of money? That’s less than 30K a year, hardly anything these days, but for single people it’s ok as long as you don’t start a family, don’t have expensive tastes, and aren’t too materialistic. And why are you as a “single dude” supporting Costco anyway, where most everything is purchased in large volumes and bulk?

[@mumbojumbo88]

It's all relative. $14/hour with benefits and a presumably steady work schedule and low turn-over rate is a whole lot better than Costco's competitors offer (most notably Walmart), even if it doesn't make you rich. I support Costco because I want them to do well. I don't take advantage of their return policy and I'd rather give them my money than a company who treats their employees like crap. Not to mention people like me can still get non-perishables and gas there. Where do you prefer to shop and why?

[@GER-sm3gh]

It depends on what I’m buying, but three rules persist: a store must have what I want, it must sell it at a good price, and it must have an inviting atmosphere. Having knowledgeable employees helps too. They are in business to serve their customers, not the other way around. They will do well if they keep their customers happy, and if employees don’t like their compensation, they should terminate their employment. I realize it’s often not possible to find all three of my rules under one roof, But if I’m shopping for a laptop for example, I’ll go to Best Buy rather than Costco, because I will get better customer service and more product choices. Same with men’s clothing. I’ll go somewhere there are more choices instead of one or two tables of piles of clothes. For groceries, I like to keep it locally owned and operated. I haven’t been to a Starbucks in years because my area has better alternatives that serve much better coffee. Costco and Sam’s Club, (not Wal-Mart, I know Sams and Wal-Mart are the same company but they’re not the same thing), don’t meet my needs but apparently a lot of other people love them and that’s good for them.

[@EMAN00619]

Yes I love costco, like other have said the free samples are great, I go in there and since there's no signs it's like treasure hunt every time. I go from free sample to free sample while looking for groceries in between. Also I have never had a negative experience with a costco employee

[@CommanderWiggins]

EMAN00619 There's always new stuff every time you go, it's great!

[@wendyokoopa7048]

EMAN00619 I'm watching a video on Costco on a tv I bought from Costco

[@thatrandombrayan4856]

Costco: loses money through multiple ways Also Costco: mega S T O N K S

[@Seven_Leaf]

The best part about CostCo is seeing Ty Nao freaking out when he//she is alone at the Food Court register.

[@francinev3971]

omg underrated comment lol

[@tinodethuong]

i love this comment

[@Audrey.May16]

Haha that’s funny

[@haraalmusawi]

comment underrated

[@katsudon2048]

Is he THIS angry?

[@CouchTfilms]

They’re not in Arkansas because that’s the HQs of Walmart. Bentonville is all about Walmart and nothing else

[@KiddBlack]

Couch Tomato Sam's Club specifically, in comparing to CostCo. I work for Sam's Club and the old man's face is plastered all over the place reminding us of the roots

[@issac9930]

Couch Tomato I lived in the Bentonville area. Pretty nice area. Lots of Walmarts and Sams Club's.

[@crankinbass5758]

I live in Arkansas

[@hellogoodbye2424]

Couch Tomato Seattle is where the first Costco was

[@johniii8147]

The income and population Demographic required to support a Costco just doesn’t exist in Arkansas in many states. It’s a high end operation

[@terrenceswiff]

I recently got a Costco membership and the entire process of getting a membership, getting groceries, getting food, it was all, like, enlightening. They explained everything perfectly well when I got the membership, and in perfect English too. I should probably say, I'm in JAPAN. I don't know if that's a standard or what but there was at least one employee who was fluent in English and walked me through everything nicely (despite there being some confusion at the start). By the way, the membership is like $20 less here, 4,400 yen per year. I wish I'd known about this place when I first arrived in Japan, cause it's practically a hop skip and a jump from where I currently live.

[@r.n.5416]

I'm so glad Costco came to Japan haha. I don't drive so my roommate and I take suitcases and check them in then, then when we're done shopping we just put everything in the suitcase and take the train home. Cheapest place to buy cheese, and eggs lol like for sure

[@KuRsAwow]

I am disappointed in myself for not visiting Costco while I was in Japan.. Honestly love the brand

[@roxcyn]

Congrats Terrance!

[@ChuggaaPyroJr]

The majority of things are cheaper in Japan after currency conversion

[@BicyclesMayUseFullLane]

Man, if I were to go to Japan, I'd visit a Costco just for shits and giggles.

[@endrankluvsda4loko172]

Welcome to Costco. I love you.

[@WC-mi1fj]

Costco is the cat’s pajamas. The CEO even refused a raise. Plus those $1.50 hot dogs.

[@tynao2029]

Another idiot who thinks 1.50 is a good price for hot dogs when you can buy a 6 pack for 1.00 at the grocery store. Stupidity is a powerful influencer

[@microsf121]

@@tynao2029 Did you seriously compare refrigerated hot dogs with food court hot dogs while calling someone else stupid?

[@tynao2029]

@@microsf121 hey dummy I worked in the food court the ones they use are refrigerated

[@microsf121]

@@tynao2029 And then they are heated up, put into a bun, and served hot and you compared that to a six pack of refrigerated hot dogs. I'm guessing your were fired and that's why you are so antagonistic towards Costco.

[@tynao2029]

@@microsf121 dude are you stupid you do all of that stuff to any hot dog. You aren't supposed to eat them raw. Both CostCo and refrigerated hot dogs are the same thing. They keep them in a fridge under the nasty old hot dog water.

[@tommynobaka]

If you drive a lot, the costco membership for gas alone IS worth it

[@michelleinfo-vlog2449]

With Executive Membership at Costco, you can get special pricing on luxury cars/SUVs. Email [e-mail] for more information!

[@michaelnorrisisdabesteva]

It saves me about 5 bucks a tank, makes a big difference over time

[@anthonygonsalves7020]

Interesting...*noted*

[@ernesto3998]

I use my mom's

[@christopheralvarado4544]

Especially here in SoCal. Driving is a must for me and Costco is a godsend.

[@miguelzavaleta1911]

One thing I've always found interesting about Costco is the quality of their store brand -- it's remarkable -- something you can't say very often about store brands.

[@TheCBurtz]

Miguel Zavaleta Kirkland is so good because it actually IS brand name. Their yoghurt is made by Danone, the coffee is actually Starbucks, the jeans are made by Levi's, the batteries by Duracell...The list goes on. You pay less for brand name things!

[@Big_Gulps_Huh]

Ray-Cara Burt Really????? Wow, it actually makes sense, now that I think about it.

[@williammagoffin9324]

Very common thing. At the store I work at some of our store brand electronics accessories are from the same factory as the Targus ones, the exact same item with different branding on it right down to the same box or blister pack.

[@toddfraser3353]

Costco is very customer serviced. So their own brand reflects their value to their customers. When they choose vendors for a product or service for them to brand. They are very focused on Quality and Service.

[@NathansWargames]

It's very common place for store brands to be made by brands in the same factory, just no branding on them and sold at almost production cost,

[@parsifal40002]

I was a member going way back to when Costco was called The Price Club in 1977. I'm still a member. I really love shopping there. Love buying stuff in bulk!!

[@wendyokoopa7048]

My sister was a price club member

[@kenangedik3678]

The crazy part is that even while making you pay for a 60 dollar membership, you still save A LOT of money if you shop there often. Costco is one of the best brands for consumers

[@david_the_male5304]

why is your content so addictive? your videos are as good as costco samples. 🙂👍

[@youtubasoarus]

Agreed. his narration is on point. :)

[@MrTaylorcraft]

You should also mention the quality of Costco's merchandise, especially the house brand- Kirkland.

[@theccanyon]

Exactly. One of the biggest benefits Costco has over other stores is my trust in their product quality. Haven't gotten a flimsy, cheaply made, disgusting, etc. purchase in the years I've been a member with only one exception. And that's saying something, because I love me some Costco and have impulse control issues when I go there and buy way more than I came in there for 😅🤣. So yeah, if Costco has an item I need and it's not an outrageous price I won't bother price checking around or coupon clipping. Knowing that I'm getting what I paid for--and if not,I can return it, bcuz 100% refund policy--more than pays for the extra cents or dollar and change I could have hypothetically saved elsewhere. Less time, less hassle, less risk, and usually less cost per unit, though that's just a bonus at this day and age where it seems that products are made to break instead of last. And I know I'm one of many Costco members who shop there loyally for this very reason

[@Luke-xi2pq]

CJFAULKNER yeah, Kirkland is pretty underated, at least IMO, it's way better quality and a better price than others store owned brands like Walmart's brand.

[@tynao2029]

Its complete garbage Maybe not if you never had real quality

[@yeo9358]

Ty Nao go do something else other than commenting hate on a costco video that’s is over a year old

[@bananya6020]

@@yeo9358 he's also been doing this for an entire year and a half. maybe walmart hired him for $25/hr+benefits just to do this on every costco video 8 hours a day

[@Lazares222]

A pro-consumer company? They said it was impossible!

[@SKORPION11791]

Yeah. They're one of the few that have realized that business is a mutually-beneficial relationship that does not include only them and the shareholders.

[@joshuajoe1419]

And all the other retailers are confused why their losing

[@Kruppt808]

Costco was on the rise in the mid to late 90s when I first went there. Glad to hear in 2020 they are still of the rise.👍

[@roxcyn]

Hi! Could you do a Costco, Sam's Club and BJs combo video where you compare all three of their businesses?

[@chrisguardiano6143]

roxcyn Sams Club went into Chapter 7 bankruptcy last year and no longer exists

[@roxcyn]

@@chrisguardiano6143 - Sam's Club still exists.

[@VideoMask93]

@@chrisguardiano6143 Better tell my friend who works there that he's working at a nonexistent store. Maybe it'll get him to move to Costco finally.

[@roxcyn]

@Chris Schmelter - 😂🤣

[@Audrey.May16]

@@chrisguardiano6143 there is a sams club across the street from my costco

[@mexgeo86]

The gas fuel savings alone pay for the membership.

[@therealstubot]

If you're willing to sit in line for 20 minutes every time you need gas, sure. I'm not convinced its quality gasoline either. My GF won't get gas anywhere else, but my time is worth more than the $2 I'll save.

[@LouAntonioGiordano]

Jeff Stewart fact is a lot of people use their cars to get them from point A to point B are willing to sit in line for 20 minutes to get gas. That’s why there’s always a huge line-up. Also I drive a Honda Accord for commute every day. I also have an Infiniti Q60 for my girlfriend. We buy gas for the Infiniti at gas stations and I buy gas for my Accord at Costco. Most people don’t drive premium cars, so the quality of the gas doesn’t matter to them. But a few dollars saved do

[@therealstubot]

Ah hahaha Infinity a premium car lol... or were you talking about the honda? Regardless, if you are ok with trading 20 minutes for $2, then costco is heaven sent. I'm not. I'm not bashing people that want to wait in line for gas to save money, its just that the cost is too great for me. Now when I have to gas up my truck, I will brave the costco line, I can save quite a bit because the gas tank is 35 gallons. The savings is enough to justify the time sink. But once a week, getting commute gas... not worth it to me.

[@nihal85901]

At my local costco i found that going midday on a weekday makes it so that you have no line that you have to wait in, so I get cheap and quick gas

[@LouAntonioGiordano]

Jeff Stewart Do you still consider Cadillac and Lincoln as premium cars old man?

[@vizthex]

He forgot to mention the amazing free samples. I regularly buy these delicious microwave burgers because of those free samples

[@jentleblink9221]

Same... One thing for sure they know how to promote the products....

[@colingznetwork781]

vizthex I like the pizza

[@richardwilliamsiv3778]

Those aren’t Costco employees. They work for a company that has an exclusive contract with Costco for demonstrations. I work at the Costco in Sarasota and frequent the samples on my breaks.

[@Luke-xi2pq]

vizthex lol, those are awesome! It's the only reason if anyone says if I want to go shopping with them I actually go!

[@giladlevitz3283]

Who can forget the free samples? It's the icing on the cake really.

[@mikegkerr]

Annual memberships of $60-$120 keep out the riff-raff.

[@garywheeler7039]

Seriously. Which helps remove other expenses like theft.

[@tynao2029]

not at the food court although it is being required at the food court now

[@allenwatkins4972]

Sure keeps me out.

[@hsc894]

Good to know.

[@GER-sm3gh]

Most Costcos are in the outer suburbs anyway, where "riff raff" isn't as much of a problem. Really though, purchasing a membership just to shop somewhere isn't an alluring prospect to the average person, and doesn't make a lot of sense unless you're purchasing for a business. And those who have eclectic tastes and like variety won't be happy shopping at Costco.

[@southpark645]

“According to business insider, Costco was the 14th largest pizza retailer in the U.S. in 2015.”-Mashed. But I’m honestly surprised at how you mentioned the chicken, briefly mention the hot dog but barely mentioned the pizza when the pizza there has to be a large reason why they’re successful, that and the generally discounted gas prices. I live with my parents still, but I have a job and pay for my car, my bills, I even pay rent to my parents which I know is far cheaper than living on my own. But even so, I have the basic $60 Costco membership and will pay it because I figure, with the amount of money I save in gas throughout the year and the amount of money I’ll save buying not only pizza and other food court items from them compared to anywhere else, and the amount of money I’ll save on the select few groceries I will buy from there throughout the year. It all adds up to at least $60 if not more saved, so its worth it to have (in my Opinion) for the gas prices alone. Which is the main reason I like my Costco membership. But I’m honestly shocked at how you didn’t mention pizza as a reason to why they’re so successful, a sixteen inch pizza for $10? You really can’t beat that, and I’ll bet that it’s another reason members keep coming back, a family of 3-5 can eat off that one $10 pizza that tastes better than most pizza places that sell a 14 inch pizza for $15

[@shorewall]

For real, Costco Pizza is better than Little Caesar's and Pizza Hut, and cheaper than Dominos. Costco Pizza might be the best pizza on the market, at an affordable price.

[@southpark645]

@@shorewall I do like all those places you mentioned, and while little c’s offers a much cheaper priced pizza, not only is it smaller, it doesn’t taste nearly as good as Costco pizza. I’m honestly included to agree with you that it’s the best pizza on the market for an affordable price. It’s not my favorite pizza place, but I’d much rather pay $10 for a Costco pizza over $25 at my favorite pizza place

[@weeds526]

Congrats Company Man on the squarespace sponsorship, that means you've made it in the KZbin world

[@FloppyDisk893]

He's up there with "wendover productions" now

[@nath-wp7xp]

Welcome to Costco. I love you. Welcome to Costco. I love you. Welcome to Costco. I love you. Welcome to Costco. I love you.

[@-nathun8507]

Robert1811 ???

[@colyngautreaux1078]

Nathan McClure Idiocracy!!

[@averyunderhill4656]

Brawndo, it’s what the plants crave! It’s got electrolytes!

[@kevinhover461]

Get to the Time Maccheen

[@marycatherine4902]

Guys I think time stops when you're inside a Costco.

[@callum_maxwell]

3:47 whenever my family goes to Costco we buy allot. that one of the reason why it's so profitable. it doesnt need to sell things at an expensive price they just need a lot of that thing

[@Force05289]

My parents have been a member since 1999. I love Costco so much. It’s such a good store. The membership is a little annoying but you get really really really good service. And yes a Costco membership is worth it

[@tynao2029]

Stupid people travel in flocks

[@windowcleaner4724]

@@tynao2029 ok

[@giladlevitz3283]

They're so successfull that busses from JFK airport go to Costco every Sunday.

[@likeadino8580]

@@tynao2029 like you

[@Audrey.May16]

Wow mine have only been members since like 07’

[@chucknastyness]

Arkansas has Sam's Clubs because Wal Mart started there. They don't wanna piss off the Wal Mart family with the low low prices of Costco.

[@namingisdifficult408]

chucknastyness interesting

[@helana2203]

sams club pretty much the same anyways

[@chucknastyness]

Helana ! True but I don't think they pay employees like Costco

[@jinjiyoshi5548]

I'm from Arkansas and I can confirm this. However Walmart isn't the king of stores here, they tried to run out Kroger's in the 80's and failed. I'm really wanting costco to come to Arkansas because the minimum wage here is only 6$ and most of us are dirt fucking poor.... I also want those 1.50 hotdogs.

[@noralewis5390]

Sams clubs closed a lot of locations recently. All the ones in Washington state shut down this year.

[@abayady1]

I'd really love to see some comparison between Costco and Sam's club

[@antonberglund117]

And now there is, have you seen this video?😉 kzbin.info/www/bejne/oWabdaNpe9KMqMk

[@vjm3]

If you have a big family, then I imagine Costco is a dream come true. Your family works hard, and has a combined income, and by investing in a lot of food now for an overall lower price is worth it.

[@Hellamoody]

Aaaand you can't forget the free samples! 😋

[@KW145.]

Omg 😮 That’s right he didn’t even mention the free samples

[@olgaburachek1393]

You can literally have a meal with all of those free samples

[@patrickr.452]

Actually, the sample (demo) people are not Costco employees. They work for a separate company contracted by the different brands that they demo. The demos drive sales massively.

[@CorporateShill]

Patrick R. But they have costco badges Google should advertise their google home minis in costco so my mom would buy them

[@PGskizzEs]

1,000 SUBS WITH 2 VIDEOS a

[@mr.munger]

My wife and I have no kids, so initially we "ignored" joining Costco as we don't need a lot of bulk food, but eventually we crunched the numbers and just a couple nonperishables and their organic chicken breast (which we can freeze) made it worth joining just from the savings on those few items compared to a more traditional store. Those few items each month are enough to pay for the $60 membership multiple times over. They also have some great side services like the food and tire center.

[@steelytemplar]

I love Costco. It is seriously one of my favorite stores. And to the person who works there - don't listen to people who say that it's going to eventually be like Walmart. Costco's excellent treatment of their employees is a part of their reputation and, I don't doubt, a differentiator between them and their biggest competition - the Walmart-owned Sam's Club. I don't think that Costco will change their corporate culture anytime soon.

[@tynao2029]

have you ever worked at CostCo? I did at the FoodCourt and its the same thing as WalMart, they are both fascist who treat employees as nothing. All large corporations do this to their non-management shoes in the stores, the truck drivers and warehouse workers get all of their freedom and wealth

[@bananya6020]

@@tynao2029 idk i think it's your own case. in my experience the management can vary, because i've seen costcos who block people from entering since their card was one day out of expiry but also costcos where the employees literally give you free stuff because you forgot your card (and let you in too).

[@abdulelkhatib2674]

Sam's Club is like Walmart but bigger. Its like if Costco was on drugs.

[@chrisnotpratt1903]

@@tynao2029 cringe

[@beaviswealth]

Just came back from Mexico and Costco was bumpin' there too! Costco Fiesta 🎉

[@tiffanymarlow2399]

Brandon Beavis Investing I just got back from Mexico too! Though I didn't see any I was in Costa Maya and Cozumel. They were stops from my stay in the Norwegian Getaway (Cruise Ship)

[@5macvideos]

do you think there are many regional differences between the two? Like food court items?

[@Szophyas]

I just was in Cancun and they have one there, its in the more "residential" area not the tourist area and the food court is outside

[@Szophyas]

the menu is the same, tho the food court is outside (I went to the one in cancun)

[@Angel13691]

We love Costco here in Mexico, i save a lot of money, the potatoes and the pizza is great

[@mikalmmd]

Quality of Costco's Kirkland brand really high and consistent. Quality of prepared foods, baked goods, really high. And that Pumpkin pie for Thanksgiving and holidays - Yum!

[@bearworldwide101]

Some of there Kirkland brand products are even better than named brand products because of how strict and good quality they have yet sell at on average a few bucks less than name brands.

[@jentleblink9221]

Yes! And don't forget those huge muffins 🤤

[@ArtamStudio]

Agree...except for their TP, they obv changed suppliers a few years ago and their current TP is useless.

[@anthonyesposito2576]

Food truck that comes to my shop carries the Kirkland chicken bake roll things. Fucking heaven in a plastic wrapper lol

[@capnkringe4683]

It’s like the Lexus of pastry brands

[@megha1938]

What impressed me about Costco is superb customer service. A few months ago, I was at their food court and my drink cap came apart and the drink all over my shoes and socks. A young woman was cleaning nearby, she saw me and immediately came to help me clean up. The counter saw what had happened and he immediately brought out a new glass of the drink. They were really on the ball and took care of my needs in a completely professional way. They made me a lifer. We are executive members and generally get $ 400-500 because we also get our medicines there as well.

[@ThatSoddingGamer]

When I saw that picture with the cut-off head that only showed the smile I was like "That looks like Obama's smile, but nah, why would he be in a costco video?" It was Obama. Dude has a very recognizable smile I guess.

[@paulrepage]

I have an executive membership which means I get 2% back (a check in the mail) every year. I get about $170, give to take. One retail trick they use is to send your 2% check about 3 months before your membership expires, hoping that you'll use it to purchase some bigger ticket items with the 'extra money' you got back. Instead, I save mine in my wallet and until my membership needs to be renewed so I can use it on that day. Every time I do it, the cashiers remark something like "You mean you held on to this for 3 months?!"

[@lokyinphotography]

that actually sounds like a good idea. how much is the executive membership?

[@Souliset]

120

[@bobbarker1146]

Jesus. That’s like 8k a year. Touché Costco.

[@cutabunny504]

@@lokyinphotography $120

[@christianallen1379]

You know you can renew your membership at anytime and not lose days

[@BangMaster96]

Here is the one key to a successful business, it's your employees if you keep your employees happy, and not miserable, your business will automatically do better in revenues a lot of places like WalMart has terrible customer service, because most employees there are miserable ever seen a happy WalMart employee?, it's a rare sight while at Costco, most employees i see are pretty happy and glad to help the customers keep your employees happy, and they will run your business for you

[@ILovePancakes24]

employees are the backbone of the company. Keep your backbone in good shape and you'll be in good shape in general.

[@PudWhacker]

Yes 💪🏾💪🏾💪🏾💪🏾

[@navybluechilipeppers]

JoeAceJR they're not exactly "unhapppy" but they are not as cheerful as the Costco employees.

[@FishFind3000]

I don’t shop at Walmart since I can’t get any service. What’s the point of shopping somewhere when the employees won’t help you or give a shit when you ask for help and tell you to ask someone else.

[@mathiasvasconez]

but walmart is way bigger

[@ryanlesner4716]

You should mention that Costco accepts food stamps and allows card holders to enter as guest for NO CHARGE....

[@fersoto9176]

Here in Mx they also sell stuff you can't find anywhere else. Moreover, they sell cheaper gas. That's why I love them.

[@naughtycoin5902]

Costco: Your go to stop for when you need 200 gallons of car wash soap.

[@youtubasoarus]

Nah man, that's the small pack. Go for the 1000 gallon and get even a better deal. I mean you won't be able to carry it yourself and you'll need to rent a forklift but shit man, with these prices can you afford not to? LOL

[@madjayhawk]

@@youtubasoarus I get mine in tanker cars.

[@KylesDigitalLab]

YES I Love costco and their food

[@aegonthedragon7303]

Yes. The hot dogs and soda.. good. Pretty fun place and the free samples too.

[@AshTheNimbat]

SAMMEEE, they make the best Pizza, and faster. Great for a quick snack.

[@ThatDoodOnPC]

sammme best pizza evur

[@letsridesomeplanesd3534]

Chicken Bakes are so good

[@lvleslyy]

Kyle2000 yum I agree!

[@datchiman0952]

That’s crazy treating your employees well and the company is growing almost unheard of

[@LiberateYou]

Arkansas officially has one in Little Rock, just opened a week or so ago!

[@byteofbacon]

Costco: The store Sams club tries to be.

[@bradenross4182]

ok

[@dave-xp9qk]

6kvin10 you’ve obviously never been to costco.

[@wendyokoopa7048]

The Informed Duck I have

[@dave-xp9qk]

Amy Capen i was replying to the original comment.

[@TheNinjaDC]

"Walmart has to spend time organizing shelves..." 😂 What was the last Walmart you've been in.

[@ZeroFighter]

Last time I was in a Walmart, they had the bread next to the cereal, but the butter, peanut butter, jam, and honey were all over by the Electronics department.

[@xxX_420BlazeIt_Xxx]

That's what happens when a company treats employee like a cog in the machine.

[@ZeroFighter]

Allow me to clarify. Walmart doesn't like keeping employees around, because that means paying them more than minimum wage after a while, and that costs money. So they have a high turnover of employees who never learn where anything is. They also pay their employees peanuts, so they're always crotchety about something. Finally, their store layouts just don't make any sense, and they're constantly moving things around so you can't find what you're looking for, and ultimately end up buying more than what you came in to get. And again, the employees are treated and paid like shit, so they in turn more easily succumb to treating customers like shit.

[@HellcatCustoms]

My local Walmart constantly has employees in every aisle organizing and stocking shelves. It's annoying because they're always in front of what I need to buy. It's a 24/7 operation with 10-20 employees (just in grocery) getting paid to keep things on the shelves. Ironically I can never find most of the stuff I need in stock! Lol

[@purplefreak3]

FBI-kun well everyone is a cog in the machine in some way, no matter where you work.

[@aidan8698]

"yo dude you got a gold star membership?" "yeah man I got a gold star membership" "nice man we're gold star members"

[@kewlman5417]

⭐😏🤝😏⭐

[@luqi5]

After I've purchased a costco membership I've never looked back.

[@krock90]

When Costco opened here in Iceland last year it became a *craze. Everyone* wanted a membership and on opening day there were traffic jams near the parking lot and gas station and people in line were offering other people money just for a shopping cart. *Shopping carts!* At first when someone said anything negative about Costco on facebook and other forums they were fanatically silenced by people tired of the high prices in other stores. But recently there have been reports of rising prices in Costco and the shine is wearing off. More Icelanders are starting to turn on Costco.

[@rat7710]

Krock well it's fucking Iceland. Those transportation prices have to be paid yo

[@GM-pr6vx]

When they deal with competitors, they'll come running back

[@viviannemj5310]

You know something's good when *ICELAND* like it.

[@speedy01247]

well I bet what happened is they kept the prices more similar to America's/Europe's for the initial enticement and then raised them (cause they were likely selling at a loss the first year) so they would actually profit.

[@Brightstars19]

One thing you didn't mention but help explain Costco's success is that they also have a strategy of 60-70% of items in their warehouses being staples like toilet paper, cereals, and detergent. With the rest being what they call "treasures" which are impulse buy items like blenders, purses, tvs, etc. So in turn, people will come out with more than they intended to buy.

[@Albinowolfen]

Red The Hunter Yup. Certainly helps that the milk and toilet paper/papertowels is alllll the way in the far back corner of the warehouse.

[@Albinowolfen]

Ernest Hemingway I refuse to take a cart nowadays because I know it will lead to problems lol.

[@therealstubot]

In our local costco, 1/4 of the floor plan is electronics. TVs, computers, tablets, phones, stereos, cameras. Another 1/4 is lawn furniture and "special buys" like gas grills, tool boxes, matresses... random stuff. All the clothes, food, tires, booze, soda are crammed into the back of the store. We only buy costco paper products and snacks. Sometimes they have some good fish.

[@orwolfe80]

Then of course the pharmacy discounts... I have a prescription my insurance won't cover; and thanks to Costco, I can pick it up for just over $20.

[@WedgeOfSpite]

And they use "easter eggs" as a strategy to increase those impulse buys. That is, they take stuff away, and it might come back later...it might not. So if you know that, and you see something you might want to get, it might be what tips you into buying it. I seem to recall seeing Costco's CEO laying that out in a local interview.

[@trevorrogers9276]

I love it, makes me want to work there. The company treats its employees and customers well, and in turn they help hold the business up for lower prices.

[@ichuck7]

I’m surprised you didn’t mention anything about how Costco doesn’t advertise at all. At least, that’s what I’ve heard. ;-)

[@JDPersonal]

The most they advertise, is when you see their cargo being moved by semis on the freeway. It saves millions of dollars per year by not doing advertisements.

[@EdPMur]

You just made me realize I have never seen a Costco advertisement of any kind in my entire life

[@BangMaster96]

The membership is worth it, over time, you will actually be saving more money by shopping at Costco because you get more quantity for what you pay i shop at Costco every month, because that's how long the supplies i need last while if i were to buy the same amount of things at WalMart, i would have to shop every 2 weeks, and end up spending a whole lot more

[@fauxmanchu8094]

Sunny shah 👍👍👍 Exactly.

[@ericawatts5886]

indeed, i have a executive membership, and shop there often, every year i have gotten more than enough cash back on the 2% cash back to pay for the next years membership plus some extra.

[@Neon1880]

Erron Watts my dad actually works at Costco. So basically free stuff for us.

[@speedy01247]

well when you consider how much they make off the product, it makes sense, cause where does that profit come from, it's raising the price of the product.

[@michelleinfo-vlog2449]

With Executive Membership at Costco, you can get special pricing on luxury cars/SUVs. Email me at [e-mail] for more information!

[@ThatLaloBoy]

I believe it. It's one of the few stores I actually like going to shop to. Not to mention the customer service, which single handedly destroys every other company. I had an issue with a phone I bought about 3 months ago, went to Costco, and got a full refund no questions asked. And the Kirkland brand has become synonymous with quality that I'm actually disappointed when there isn't a Kirkland version of a product.

[@GER-sm3gh]

That's no big deal. Just about any store will let you return something without asking questions, and if they do ask a question, it's usually something like, "is there anything wrong with it?" Say no and they give you your money back

[@ThatLaloBoy]

Jonathan Voigt have you returned anything expensive at Best Buy? I tried returning some headphones that died on one side (guess what brand), and it was a good 30 minutes with back and forth argument and manager approval to get my refund (I was perfectly happy with an exchange, but they refused). Costco? Took it in, said I couldn't connect to my network as well as before. Literally 2 minutes later I was out.

[@SageAwakens]

I'd like to build a company like Costco someday, the way everyone describes it feels so heartwarming.

[@Barista.Nathan]

Costco was the joy of my childhood when on errands. It meant a Churro and Pizza slice and a fun time marvelling at the size and scope. I even bought stuff there with birthday money because I love books and they stocked a collection of hardcover and leatherbound classics, like Jules Verne and Plato. That it has such a positive image in my mind compared to everywhere else proves its success. Hell, my grandparents drive 90 minutes to the nearest Costco just because they love Kirkland brand so much.

[@riceoobxg]

Costco Gasoline is Top Tier certified. Costco Gasoline is rated #1 in America in quality and they're also the strictest brand regarding gas pump maintenance, inspections, and calibrations. Notice how well-kept and clean Costco pumps are compared to other stations. Most gas stations are privately owned and entirely up to the owner to maintain and calibrate the pumps. You can probably do an episode on Costco Gasoline and the gasoline industry. I don't care about the price or wait time or distance. I've been a Costco member for 21 years. I shop at Costco after work and after the store closes, there are no lines at the pumps. All my cars run solely on Costco Gasoline. I trust their stringent standards. They have a reputation to uphold unlike those privately owned stations. Not many people know this but pumps have filters that need to be changed often. Costco changes these filters far more frequently than other gas stations. The result is you get cleaner gas so your car's own filter has to do less work. There are too many horror stories of people getting tainted gas at other gas stations because the owner neglected to maintain the equipment. Some truck delivery drivers even admit putting 87 octane in all the pumps because the owner asked them to. Anything to increase the bottom line. Some owners rig their pumps to give you a tiny bit less fuel than you paid for. I've seen a fair amount of those in my days. Before I started using Fuelly.com, I kept a very detailed log of my mileage. Certain gas stations around my route gave consistently poorer gas mileage and vice versa. I got tired of playing guessing games and now I use 100% Costco Gasoline in my fleet. Always consistent. If you drive the same route everyday, you'll even be able to notice when they switch summer/winter blends.

[@dannydaw59]

I agree. I'd like to add that there's no wait if one goes to the gas station from opening to a half hour before the store opens.

[@michelleinfo-vlog2449]

With Executive Membership at Costco, you can get special pricing on luxury cars/SUVs. Email me for more information!

[@DariusMicahXavier]

You guys haven’t been to Hawaii yet. The lines are crazy inside and out of the stores. There’s always no parking an hour before the store opens and sometimes pizza waits are an hour long just because people order pizza in the bulks

[@motopolak]

@chief tp Remember, just because you haven't had a problem with gas in 25+ years of driving doesn't mean there is no such thing as bad gas. It definitely exists (although I have no idea how to pinpoint from where in the supply chain it "begins"). To contribute to your main point, you are correct in saying that there is no such thing as "Costco" gasoline, but only in that Costco does not control any part of the gasoline production process. In our area (SE US), they acquire it from ExxonMobil most of the time. What constitutes "Top Tier" however (regardless of whether or not it's strictly a marketing term) is the amount of additive added to the gasoline as a percentage. Costco is very strict on adding additive, both in certain amounts, and in quality. Other gas stations, especially privately owned ones, only add the minimum amount required federally, while Costco adds far more. This is what gives them the "#1 Top Tier" rating. Quality wise, every time there is an additive delivery, they take a sample from that delivery, date it and keep it on standby until the next delivery. If a member has a concern about the gas quality they take the sample from the last batch and send it in for testing to make sure it meets their standard and contains what it's supposed to. As far as pricing goes, the same concept applies as with the hot dogs & rotisserie chickens: the gas is kind of just a bonus to get you in the door/keep renewing your membership. They are lucky to break even and occasionally lose money on gas by maintaining a strict price-matching or price-cutting policy within a certain mile radius around the store.

[@motopolak]

@chief tp I didn't say anything about making gas better. I simply said they increase the additive content in their gasoline (more than federally required by the EPA) which in turn gives them a "Top Tier" rating. "Additive" is an umbrella term which can include oxygenates or antioxidants, and can act as corrosion inhibitors or lubricants. The main additive I believe used at Costco is a deposit control additive, which is essentially a detergent that cleans the small passages in fuel injectors or carburetors; this allows a more consistent mixture of fuel & air which contributes to better gas mileage. Obviously I don't know the exact formula of what they use but I've handled it and studied it a bit, having worked at one of their gas stations for almost 1.5 years. To take samples they have a small tool which you can stick into the tank after an additive delivery (in simplest terms, imagine dropping a bucket attached to a chain down into a well to collect water). Keep in mind additive deliveries are fairly rare, but yes, they do indeed take a sample each time.

[@adamh7605]

Nothing about their premium private label brand Kirkland? It's a big part to their success. Before it was "private label for better margins" now its "private label so Amazon can't steal it".

[@philaltizer7411]

I have bought a LOT from Costco and the Kirkland brand is usually excellent. Also their meat (beef especially) is terrific. LOVE Costco!

[@aswope6051]

Yeah! I thought that about the meat department there while watching, it is particularly good, and ive also think kirkland is the best store brand products by far.

[@hackerofawesomeness]

Kirkland cashews are fantastic.

[@snowstormiv19]

Costco when you steal: 😐 Costco when kid gets a sample without a parent: 😡😡😡😤😤😤😤😡😤😤😱😱😱😱😱🤨🤨🤨

[@DanielLopez-ti6yj]

The people where I go let me get as much as I want lol

[@drshondagarnerbrooks515]

Finally broke down and got a membership and omg they rock. Everything you said and the employees super friendly

[@huntrrams]

Could you do a video on what happened to Sam's Club?

[@raphaelbob8093]

moviemagic yes pls

[@sexychris]

their service sucked ass and the samples are for ants

[@nolanjames2992]

I think it was when people petitioned for more money and it passed so they decided to close stores. They cant be doing that bad they are owned by WalMart

[@daaath]

moviemagic Yeah, they closed my local Sam's Club and all of the ones that are remotely close. I want to know what's happening to them too.

[@DarthViper3k]

In order to do a video on Sam's Club would require a video on Wal-Mart as well since they're both owned by Wal-Mart Stores Inc. Honestly I think wal-mart allowed sams club to die as apart of a refocus or new competitive strategy

[@Abcs-uo2cl]

The food there is the best tho.

[@efraindunn]

i go there so i dont have to get lunch at Mcdonalds

[@Abcs-uo2cl]

ayyymate lmao same

[@darken2417]

They truly mastered the art of imbuing pizza with grease. The bread is just there for decoration. The cheese is so glorious that it eats through the paper plates.

[@agoodman1776]

I dont know if you guys in states have those but here in Canada we have these delicious Turkey and Provolone sandwiches for C$5.50. How they manage to sell that at 5.50 I dont know(actually i do now thanks to this video).

[@capableloop82]

Tbh that's kinda sad

[@jimmyjyk2204]

You hit the nail on the head. I enjoy my trips there. Great vibes. I don't even just go there to shop. Sometimes I just feel like a walk and some ice cream.

[@abdulelkhatib2674]

My mom works near Costco and Sam's club so she has member ships to both, and buys groceries from both, and I've been to both. Costco has pretty good stuff despite most of it being their name brand or brands you never really heard of. Sam's club is like Walmart, but bigger even the bathrooms are disgusting like Walmart. Costco is so much better in my opinion. Not to mention they sell pretty much every thing you could want.

[@TheDragonCat99]

It's sad that a generous play-style that benefits everyone involved is considered "unique."

[@marvinkahl5717]

Atleast it stays alive

[@craytoncaswell4558]

If everyone was doing it, it wouldn't work. The pay is good relative to the norm. Notice how he said the employees know they can't go somewhere else and get the same thing, so they stay. That's how an efficiency wage works.

[@Francisco_P]

to many people for giving benefits to everyone. I can ony imagine what It's going to be like in the future.

[@BeachLookingGuy]

the fact you can make me giggle at least 2 or 3 times while telling me about costco sales is remarkable. good video man!

[@strykerentllc]

Costco is awesome. The employees are absolutely awesome and their prices are good on everything they sell and the gas price savings alone are worth every penny for a membership. The $1.50 hot dog & drink along with the $10 pizzas are equally worth the modest membership fee.

[@tomplakes7115]

Costco is a great place. My friends mom works there and says the culture is amazing. Also Costco’s former CEO (James Sinegal) used to travel to every location every year to personally inspect them. Definitely shows that upper management really cares and isn’t disconnected from everyone else.

[@alikaostermiller]

You had a picture of the Costco in Maui. It is the most profitable Costco in the world. During Christmas time it has million dollar days.

[@matthewd.d238]

Alika Ostermiller There one on a freaking island in the pacific!?

[@tynao2029]

yes, because it's a food desert and your people suffer from inflation and overpriced goods. Develop every square ft of land in Hawaii including Zuckerbergs land and the CostCo won't be so profitable with McDonald's and dollar stores parked next door

[@Kerrmunism]

Could you do an episode on GameStop, and why they're succeeding despite lots of online criticism? EDIT: Yes, I'm aware that they are on the verge of a decline, and in fact I agree with that, but I'm talking more about in general, disregarding the past few years.

[@Lycanzoid]

GameStop at this point is the only retailer left that specializes in video games, so they've basically become a Monopoly in the game-selling industry here in the US. Even if retailers like Target and Wal-Mart sell video games, they're not nearly as cheap or large in variety as GameStop is able to sell their games.

[@Kerrmunism]

Shalk Tiem Yeah, honestly I agree, they have a huge monopoly, but it could still be an interesting video. Maybe something about how it gained the monopoly, or what you would have to do to shut it down, stuff like that. I'd hope that we just get more game stores period. They're probably going to be on a decline soon though because games through online stores (Eshop, Steam, PlayStation store, etc.) are not only cheaper but a better convenience. Combine that with PR backlash and unhappy employees (if KZbin told you anything,) they're at least gonna slow down a bit.

[@jimborock2632]

I live in Puerto Rico where Gamestop shut down completely and it's the greatest thing to have happened for us gamers. Mom & Pop, independent game shops have begun popping up and offering better services and prices. And this is despite the terrible economy. Used to be Gamestop held a monopoly on game sales (Amazon being their sole real competitor). Honestly I wish they failed in the States too. It'd be great for the consumer.

[@Dougy]

No 🅱OI. Just kidding that's a nice suggestion but all gamers know that and the non gamers don't care so he isn't gonna sacrifice time and energy for a video that has been done before. ( I think )

[@Kerrmunism]

Dougy Nah, too my knowledge it hasn't. Also, do you really think that that many people who watch Company Man are hardcore gamers?

[@shakibkureshi2430]

Thank you so much brother 🙏

[@Ohmygodstfu2045]

That very berry sundae is the reason I go with my parents during summer months. A throwback to child hood where my parents would buy me one and could not finish it as a ten year old. Now I always have to get one when I go during the summer they are cheap and delicious paired with a pizza it's a great lunch.

[@frankhoward7645]

Great video. As a Costco member, I suggest you do a comparison between Costco and Sam's Club. Totally different.

[@babykinz1962]

Yeah I wont shop at Sams, it like the difference of Shopping at Macys or Walmart.

[@tantraman93]

Arkansas is home of WalMart. I too would love a comparison video.