Wesley Joyce on Why Costco Keeps the Price Low
Wesley Joyce
Why Costco Keeps the Price Low
Claims and stances
Transcript
- 0:00 Luke, you bring up a great point about um brought up a few great points, but I think um the food court is really the biggest sell, especially with recent um TikTok trends or whatever.
- 0:13 Um as goofy as they are, they do sell um and how that's caught on with Costco.
- 0:19 And I think that that um market strategy is also very clearly seen at IKEA as well.
- 0:26 And the in the maze at IKEA as well.
- 0:30 And I have a Costco does a very good job.
- 0:32 I'm a very big fan of theirs and I appreciate spending money with them because you know what you're gonna get, you get it at a good price, and I do appreciate their efficiency as a co as a company and uh how easy it is for us to get stuff cheap.
- 0:43 But that just makes me think about IKEA and how the place is truly a maze.
- 0:48 And you know, their their design, I mean, I wonder how much time has gone into how they build those buildings.
- 0:55 Um I mean it's literally a Lego kit the way they hang their ceilings and you can make whatever room imaginable.
- 1:03 Um so yeah, I uh um IKEA's always amazed me and their food court is also I would say maybe not in America just as iconic, but um, you know, they lean into their Swedish heritage and you know the the meatballs and how they do their hot dogs and everything and like I I can I can think of going to IKEA just to g get lost in the maze and go to the food court.
- 1:26 So um yeah, definitely and you know these are these are cool things for us to enjoy, but I also just really appreciate both companies for um remaining cheap and helping us out.
- 1:40 Like I'm happy to go spend money with them.