4 ms·
This is still so oversimplified. There's always bellwether products customers buy a lot and get used to. They use those to decide if you are cheap or expensiv
by positron26 1y ago
This is still so oversimplified. There's always bellwether products customers buy a lot and get used to. They use those to decide if you are cheap or expensive. Costco hotdogs are about satisfaction. If I can get one good deal or even a great deal that I find every time, I'm much more likely to be satisfied.
- BizarroLand 1y agoI was just thinking about this. Costco either loses money on or just barely breaks even on their hotdogs, but they keep selling them at $1.50. It's a part of their brand. It would be smarter for them to raise the price of their membership another $10/yr to offset the losses than it would to raise the price of their hot dogs another $0.50 to make them profitable.
- dghlsakjg 1y agoDon't know if it had anything to do with the price of hotdogs, but Costco did just increase their membership prices. https://customerservice.costco.com/app/answers/answer_view/a_id/1013504/~/membership-fee-increase https://customerservice.costco.com/app/answers/answer_view/a...
- Workaccount2 1y agoI wouldn't be surprised if costco writes off the loss on hot dogs as a marketing expense.