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CNBC: The Costco Craze: Inside the Warehouse Giant

Discussion in 'Now Playing - TV Show Talk' started by cwerdna, Apr 13, 2012.

  1. cwerdna

    cwerdna Proud Tivolutionary

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  2. mattack

    mattack Active Member

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    This sure sounds familiar?!!? Didn't they already do a Costco episode? (I don't have it listed in the various CNBC documentaries I've watched.)
     
  3. cwerdna

    cwerdna Proud Tivolutionary

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    ^^^
    That's news to me. I don't recall seeing one from them. I guess I'll find out soon enough if it's actually a rerun.
     
  4. Jesda

    Jesda CAPTAIN AWESOME

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    DETROIT!
  5. sharkster

    sharkster Well-Known Member

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    Thanks for the head's up. New to me also. Love da Costco and will look for this.
     
  6. cwerdna

    cwerdna Proud Tivolutionary

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    I've gotten through almost half of it, so far. It's pretty good and insightful.

    There are a whole bunch of reruns in the next two weeks.
     
  7. TonyD79

    TonyD79 Active Member

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    I'm more impressed than ever with Costco after that show.
     
  8. sharkster

    sharkster Well-Known Member

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    Ditto that! I watched yesterday and it was very interesting. Excellent company.
     
  9. sieglinde

    sieglinde New Member

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    Thanks. I am glad it is only an hour long show. I hope they addressed the tire issue. I heard the tire manufacturers make tires for them special. I would like to know the difference.
     
  10. Rob Helmerichs

    Rob Helmerichs I am Groot! TCF Club

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    I'm only 1/4 into it so far, and it seems like almost an infomercial.

    An interesting infomercial, though. I wonder if this originated in-house? It seems almost like an official company story...
     
  11. jsmeeker

    jsmeeker Notable Member TCF Club

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    You have to buy a pack of 20.

    ;)




    I watched this last night too. I knew Costco was the largest buyer of wine in the USA, so I liked the wine segment. I don't have a Costco membership, but I really liked their buyer's answer to the question about serving Kirkland brand wine at a dinner party at home. My answer was the same.

    Also enjoyed the segment on toilet paper.

    As far as the part on grey market items. What all do they sell that is grey market? Is it just stuff like Prada handbags and other designer items? Or does it extend to electronics that may have warrantee issues?
     
  12. dianebrat

    dianebrat I refuse to accept your reality TCF Club

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    They've sold a lot of Apple products over the years grey market and Apple was not happy. (suck it up Apple...)
     
  13. jsmeeker

    jsmeeker Notable Member TCF Club

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    Does that cause any issues with warrantee claims or getting service at an Apple Store? Can they tell if it was bought at a Costco?

    I know Apple isn't the only product they do this was. Was wondering about stuff like cameras, too. That goes on at a lot of those camera discounters too.
     
  14. SNJpage1

    SNJpage1 Active Member

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    I just watched this show last night and found it to be very interesting. What I found interesting was the original CEO's belief about how much profit to make over all. He didn't believe in ringing every cent they can from their customers. He says that's why other companies have gone out of business. However, their markups can be very large for some items. They talked about a toy they buy for $29 and sell for $100.
    The question about the grey market warranties that some one asked about, with cameras if it is grey market the warranty usually isnt any good in the USA. Those items were ment to only be sold over seas. To get around it you can buy a 3rd party extended warrenty.
     
  15. cherry ghost

    cherry ghost Active Member

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    That was a stuffed Bear that they sell for $29.99 but retails for $100.
     
  16. Jesda

    Jesda CAPTAIN AWESOME

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    I wish they didnt close so early on Sunday. Just went to get a pizza and arrived at an empty parking lot. :|
     
  17. ElJay

    ElJay Active Member

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    The show said their margins never exceed 15%.
     
  18. Jesda

    Jesda CAPTAIN AWESOME

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    I almost bought one because it was so big and cheap. Dont know what I'd do with it -- giant dog toy?
     
  19. DUDE_NJX

    DUDE_NJX Active Member

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    Giant sex toy for a dog.
     
  20. sharkster

    sharkster Well-Known Member

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    I bet that was exciting for a hot second - WOW, I don't have to park a mile away! D'oh, the store is closed... :(
     

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