Costco - Why They're So Successful

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Eross Van Leer : $1.50 Hot Dogs Enough said.

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

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.

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

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

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

unleashed rider : 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.

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

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.

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

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

Uriah Siner : RIP Polish Dog.

Michael Kalm : 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!

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.

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

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.

Alika Ostermiller : 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.

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, 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.

P. Peter R : 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?!"

Kyle2000 : YES I Love costco and their food

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

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.

SDZ : Costco is amazing. Sucks to be in Arkansas.

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.

Socorro Soza : I honestly want to take a girl out to Costco. (I would have to do something else supplementary though and obviously not on the first date.) If she has fun thats a good sign.

Roger B : I love Costco. They beat Sams Club by miles.

Johann Beda : 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.

gilbert henri : so.... they make money... their investors make money... their employees make money... their customers make money (in savings)... They're happy... their investors are happy... their employees are happy... their customers are happy... And you're still looking for a dead cat in a bag? What's wrong with you? It seems to me it's a good business model, plain and simple... or could it be a front for financing a worldwide organisation like blowfeld's in james bond??? Maybe...

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

OverstarAnthony : Well, looks like I am never moving to Arkansas.

Benji B. : Costco's great. I hope they continue to do really well.

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

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.

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

SML Fan18 : My local supermarket sells rotisserie chicken for $4.99 without membership

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.

Something : Actually, all the employees aren't that friendly.... when I was getting my membership card this lady seemed so done with her job and hating on me for not buying the $120 card? I don't shop there that much because I don't need so much of one thing and I knew that from the beginning so I went for the $60 card and she was talking in a unenthusiastic way.

manuel !!! : Kirkland toilet paper😍😍😍😍

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

OBAMA : 1 hot dog and 1 drink for $1.5 ez homeless person meal

Mexlycan Lobo : Hey WallMart are u listening?

That Guy : My mom works at Costco

Christopher Buckley : It's an interesting business model.

Bird Plane LANE : i live in california and there’s dang coscos everywhere. people OBSESS over that place

The Batman : This store Is just like a BJ'S and Sam Club

Oink Oink : In the Philippines, we have S&R. It’s pretty similar

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

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?

David Gabachin : I love Costco ! Is the best company that I ever work before !!!! And God will help Costco to be always one of the biggest company in the word !

Bob herry : Why couldnt he mention sams cluib.