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I want to live like Costco people

tastecooking.com

411–420 of 760 posts

Re: I want to live like Costco people

#411
post #8

> Something about the whole thing always registered to me as, like, lame—too normcore, too boring, perhaps even too cheugy to an informed and taste-driven millennial ur-consumer like me. The kinds of brands I like to buy aren’t what they sell at Costco Good example of how people can build identities through their brand choices and purchasing habits. It’s a foreign concept for many of us who seek out the best product…

The great thing about Costco is that everything they sell is reliably fine . Is it the best in the world? Probably not. But it's usually good. At worst it's average. When I find myself reading Consumer Reports or The Wirecutter looking for "what is the best toothbrush" it's not that I actually need the best toothbrush . I'd be perfectly happy with a good toothbrush. What I'm trying to do is avoid spending a bunch of…

This right here, other places have a store brand that can be good or mixed, as well as just plain trash in the aisles.

You know it's decent at Costco or you can return it in a few months when it craps out.

Re: I want to live like Costco people

#412
post #88

The author's view is alien to me. It paints Costco as some sort of cultural retirement home. A boring place for boring people, not just a big store in a warehouse. I know that displaying brand affinity towards some companies is seen as tasteful and praiseworthy in our cultures, but I didn't realize many people extended this view to something as basic and pragmatic as the place they go to buy flour or whatever.

Yeah I shop at Costco often, I’m familiar with the folks who identify with it… I am pretty sure most folks I see there are really just shopping there.

Re: I want to live like Costco people

#413

Earlier quoted context omitted.

The same is true in India. I live in the US, and when I visit relatives in India, they are nonplussed that I can afford a fancier car but choose to drive a Toyota. Clothes, watches, my phone brand - everything is under constant analysis and people feel free to comment on everything. I am used to it now but it gets tiring.

Was going to say this. Am in the US, and have Indian friends, and they are much more brand conscious than the average American.

Living in Canada, I specially choose clothes without branding or branding I can remove.

I don't advertise for free.

Re: I want to live like Costco people

#414

Earlier quoted context omitted.

>build identities through [...] purchasing habits > foreign concept for many of us who seek out the best product or deals for each purchase and will change brands in an instant But you are, yourself, defining yourself partially here through your own purchasing habits. In fact you are doing it to a far more universal degree than most of the ones you criticize. Not that I'm immune to it, but nor do I claim to be. I thi…

Exposing my superficiality, perhaps: but it pains me that you don't wear pants.

You mean leg prisons?

Re: I want to live like Costco people

#415
post #309

Earlier quoted context omitted.

> It is kind of fascinating, having come from such a culture, to realize that in the end, Americans, at least the average of the America I met, are not nearly brand conscious as I and everyone in my place supposed them to be. Speaking as an American with a formative decade overseas, I think some of that may come from the economics of international trade. People think about a faraway place based on what gets transport…

Nit: a gourmand is the opposite of a gourmet

How so?

Re: I want to live like Costco people

#416
post #199

I have a really mixed feeling about Costco. I hate it, I going there, I hate the crowds, the parking, the people, being hawked a credit card, a cell phone, whatever the vendors are selling. It makes me feel like a pig in a slaughterhouse waiting to get out of the store, I feel like it's the platonic form of consumption. We all go to the nice little consumption center like good piggies to get our sustenance and to get…

Is the super-consumption aspect of it really so different than any other big box store?

The consumption aspect is perhaps similar, but the crowds at Costco are much, much worse (in quantity mainly) than any other grocery or big-box store I've ever been to.

I also refuse to go to Costco these days. Every once in a while my memory fades and I agree to accompany a family member or friend, and am quickly reminded why I should stick to Aldi.

Re: I want to live like Costco people

#417
You can do better with corn in bulk at a grain elevator. Takes about 8 bushels (56 pounds, 25.4 kg) to provide the calorie requirements for an adult for a year. Current price for corn in USA is $5/bushel plus transport. So $40/person/year (modulo transport, cooking, dying of pellagra, etc.).

Look at Richie Rich paying $200 plus prorated membership for his subsidence calories (in white rice, no less, which is a premium starch in some Asian countries)…

Re: I want to live like Costco people

#419

Always found Costco's largest source of profits interesting: > Revenue from membership fees accounts for the majority of the company's profits, accounting for over 72% of the company's net operating income in fiscal years 2022 and 2023, and 65.5% in fiscal year 2024.[115][a] * https://en.wikipedia.org/wiki/Costco#Business_model

The sentence you quoted from Wikipedia is nonsensical. Comparing one revenue line to total net profit is a category error: the numerator and denominator measure different things. In FY2024, Costco did $249.6B in net sales and collected $4.8B in membership fees. Gross margin on product sales was about $25B. That $25B is 5x the membership fee revenue. So, even if you consider membership fees as being free money, member…

Agreed it's a weird comparison, but I'd argue SG&A needs to come out of gross margin too for a fair comparison. You need a warehouse/staff/utilities/etc to sell merchandise, you need nothing to sell a membership (whether it's worth anything is another question of course).

In their 2025 filing, gross margin on merchandise was $30B, but SG&A cost $25B (with membership fees at $5.3B).

Note that $2.6B of those membership fees will go back to members as membership rewards, which is interesting too.

Re: I want to live like Costco people

#420
post #413

Earlier quoted context omitted.

Was going to say this. Am in the US, and have Indian friends, and they are much more brand conscious than the average American.

Living in Canada, I specially choose clothes without branding or branding I can remove. I don't advertise for free.

Yeah, that's been my strategy since… college.

Nike logo? Polo logo?

Not a chance.

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