Costco - Why They're So Successful

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GingyKicks : Costco samples = lunch

1,000 SUBS WITH 2 VIDEOS : Aaaand you can't forget the free samples! 😋

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

Life in the 413 : That Costco employee has nothing to worry about. I feel bad for the Walmart employee. He works for a company that pays its workers crap and will always pay their workers crap and forcing them to rely on government assistance. The Walton family is utter trash, but what do you expect from Arkansas, maybe that's the reason Costco isn't there, enjoy your Walmart starvation wages. The Amazon owned Whole Foods is the same, Jeff Bezos doesn't pay his workers crap either. Costco will eat both of their lunches.

Bryan corado : Can you do the decline of sears?

Eross Van Leer : $1.50 Hot Dogs Enough said.

Brandon Beavis Investing : Just came back from Mexico and Costco was bumpin' there too! Costco Fiesta 🎉

Sunny shah : 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

Sunny shah : 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

Krock : 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.

mexgeo86 : The gas fuel savings alone pay for the membership.

Alaner152 : Sam's club?

Popguy 179 : There’s a Costco near me in Plano tx

Crowdfunding Hell : I'm curious why you didn't compare Costco with Sam's Club, since that would be a more direct comparison rather than Walmart as a company.

Balta Bueno : Anyone else from Chicago? I think we only have 1 Costco lol

SuperPlayz Gaming - Roblox & More : Costco Samples = Breakfast, Lunch, Dinner

Jay John : Great video, fairy new to your stuff and really enjoying the insights.

Rich M : pic at 4:34 must be in Hawaii---The macadamia isle.

x99 : When I went on a vacation to Maui Hawaii there was a costco there. And everything cost exactly the same as it did at home. Crazy that they can afford that!

TheDragonCat99 : It's sad that a generous play-style that benefits everyone involved is considered "unique."

Kyle2000 : YES I Love costco and their food

Marco Villa : I love Costco I will renew my membership just for the hotdogs

Commando Master : Costco is great for buying bulk items for low prices. But when Amazon gets the online food shopping market on lockdown, its game over for all the retail stores like Walmart.

Christopher Buckley : It's an interesting business model.

Trine Daely : If you haven't already, can you do a video on Publix? A few years ago Publix was "The Wal-Mart Killer" in Florida, not sure if that's still true, but I miss living near one. Best damn bakery and deli and great customer service.

ayyymate : If you havent been to a Costco... *You have not lived*

Tort تورت : Costco is bae <3 As a kid i was entranced by Costco, it was a sneaky way for my parents to convince me to go out and do errands with them—just assure me that one of the places they needed to stop was Costco! Not only did I just love the layout and huge quantities in the store but I was always rewarded with one of those delicious $1.45 berry smoothies. Unlike any other smoothie I've ever had.... that distinct fine gritty texture and taste are etched into my brain forever.

Maglia Rosa : 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.

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!

The Cando Railfan : I wonder if a video on Band-Aid bandages would be interesting at all. I always forget Band-Aid is a brand name, and bandage is the generic name, just like Kleenex.

jonker : Could you consider making videos on how Netflix and Nickelodeon became successful?

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

Rozeta Nastimi : 20 dollars an hour!!! I found my school job

MRCFgaming 333 : You know im from California and about every 10 miles theres a Costco

Victor D. Romero : *@Company Man, Do you remember one of the first membership stores called Gemco, what went wrong with them, and another one called Fedco. That would be a great video to do. Thanks for the Awesome videos !!!*

Arctage : *Currently eating Pizza from Costco

Rich M : I worked at Price Club, the first warehouse membership gig in the mid 80's before they merged with Costco. It was a great place to work with awesome benefits and perks. 30 years later, Costco keeps the same tradition. They Rock. I remember having discussions in the 80s about the goal to just operate on membership fees. And I wonder who knows about costco travel. I use their rental car service all the time and it is hard to beat anyway else.

Ryan C : 1:13 This can't be right. Costco has less than 50 000 paid memberships in 2017? You sure the scale isn't in thousands, so the real membership number is close to 50 000 000 instead?

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

Abdega : 5:35 Costco and Chill

Banana My nana : Please do the decline of rax roast beef they at one point had over 500 restaurants and now have 8. It would make a very interesting video

Adam Pena : So Costco is basically a BJs/Sam's Club.

LunaTwi01 : Another mention is Costco being a large suppler of organic food.

Mancave Effects : Nice video!! Dont forget the insurances, travelling offers or car service from Costco ;)

Sandra levi : I LOVE COSTCO, I wish they open in Daytona beach area... take me to get an hour and half to Orlando area...

Akshay Padhye : Costco is def one of the brands I think positively off. As a customer for almost all my life, I always looked forward to go there.

Jerry Kelley : 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.

Endorion : Sam's Club is exactly the same thing as Costco. I'm surprised though there's another Costco is opening up near me which is about 6 blocks away from me.

Wauser : 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.

10,000 Subs With One Video : In the Philippines, we have S&R. It’s pretty similar