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March 21, 2011 at 2:17 PM #680337March 21, 2011 at 2:19 PM #679190biggoldbearParticipant
I only don’t go to ARCO because they don’t take credit, the costco AMEX gives you 3% back on gas(~12 cents/gallon now). That being said, I’ve yet to actually get gas at Costco, and I bet a majority of those people in line would gladly pay $1 to cut to the front, but will wait there instead of going down the street on the principal of getting the cheapest gas.
March 21, 2011 at 2:19 PM #679243biggoldbearParticipantI only don’t go to ARCO because they don’t take credit, the costco AMEX gives you 3% back on gas(~12 cents/gallon now). That being said, I’ve yet to actually get gas at Costco, and I bet a majority of those people in line would gladly pay $1 to cut to the front, but will wait there instead of going down the street on the principal of getting the cheapest gas.
March 21, 2011 at 2:19 PM #679853biggoldbearParticipantI only don’t go to ARCO because they don’t take credit, the costco AMEX gives you 3% back on gas(~12 cents/gallon now). That being said, I’ve yet to actually get gas at Costco, and I bet a majority of those people in line would gladly pay $1 to cut to the front, but will wait there instead of going down the street on the principal of getting the cheapest gas.
March 21, 2011 at 2:19 PM #679991biggoldbearParticipantI only don’t go to ARCO because they don’t take credit, the costco AMEX gives you 3% back on gas(~12 cents/gallon now). That being said, I’ve yet to actually get gas at Costco, and I bet a majority of those people in line would gladly pay $1 to cut to the front, but will wait there instead of going down the street on the principal of getting the cheapest gas.
March 21, 2011 at 2:19 PM #680342biggoldbearParticipantI only don’t go to ARCO because they don’t take credit, the costco AMEX gives you 3% back on gas(~12 cents/gallon now). That being said, I’ve yet to actually get gas at Costco, and I bet a majority of those people in line would gladly pay $1 to cut to the front, but will wait there instead of going down the street on the principal of getting the cheapest gas.
March 21, 2011 at 2:25 PM #679194UCGalParticipantfwiw – Costco gas isn’t always the cheapest… They do super high volume – so when prices are going up – they can have higher prices than the lower volume station that filled it’s underground tanks at a lower price. When prices are going down, they tend to have lower prices than their lower volume neighbors.
But if you have a 14 gallon tank – 2cents/gallon difference is only 28 cents. Not worth driving around (or waiting in line.)
March 21, 2011 at 2:25 PM #679248UCGalParticipantfwiw – Costco gas isn’t always the cheapest… They do super high volume – so when prices are going up – they can have higher prices than the lower volume station that filled it’s underground tanks at a lower price. When prices are going down, they tend to have lower prices than their lower volume neighbors.
But if you have a 14 gallon tank – 2cents/gallon difference is only 28 cents. Not worth driving around (or waiting in line.)
March 21, 2011 at 2:25 PM #679858UCGalParticipantfwiw – Costco gas isn’t always the cheapest… They do super high volume – so when prices are going up – they can have higher prices than the lower volume station that filled it’s underground tanks at a lower price. When prices are going down, they tend to have lower prices than their lower volume neighbors.
But if you have a 14 gallon tank – 2cents/gallon difference is only 28 cents. Not worth driving around (or waiting in line.)
March 21, 2011 at 2:25 PM #679996UCGalParticipantfwiw – Costco gas isn’t always the cheapest… They do super high volume – so when prices are going up – they can have higher prices than the lower volume station that filled it’s underground tanks at a lower price. When prices are going down, they tend to have lower prices than their lower volume neighbors.
But if you have a 14 gallon tank – 2cents/gallon difference is only 28 cents. Not worth driving around (or waiting in line.)
March 21, 2011 at 2:25 PM #680347UCGalParticipantfwiw – Costco gas isn’t always the cheapest… They do super high volume – so when prices are going up – they can have higher prices than the lower volume station that filled it’s underground tanks at a lower price. When prices are going down, they tend to have lower prices than their lower volume neighbors.
But if you have a 14 gallon tank – 2cents/gallon difference is only 28 cents. Not worth driving around (or waiting in line.)
March 21, 2011 at 3:36 PM #679218allParticipant[quote=briansd1]
Costco strategically sell certain premium items at low prices to “surprise and delight” their customers.It’s a branding thing. Shoppers therefore believe that everything that Costco sells is better quality and cheaper.
Most people can’t determine quality and value, independent of branding.
Branding also has to do with social standing. Many will shop at Costco for the cheap prices, but they won’t shop at Walmart because it’s “ghetto”.
Arco has a “ghetto” image. The off brand independent gas stations suffer the same problem. They tend to be run-down and not where you want to be seen. People don’t want to drive their nice cars there. But Costco is OK.[/quote]
It’s hard to find a place than Costco if you are a family of five and you prefer Naked over Kool-Aid. Also, Costco workers are unionized and they still manage to put a competitive product on the market. I refuse to shop at Walmart because of the way they treat their workforce. Likely a losing battle, but I can afford to put some money where my mouth is.
March 21, 2011 at 3:36 PM #679273allParticipant[quote=briansd1]
Costco strategically sell certain premium items at low prices to “surprise and delight” their customers.It’s a branding thing. Shoppers therefore believe that everything that Costco sells is better quality and cheaper.
Most people can’t determine quality and value, independent of branding.
Branding also has to do with social standing. Many will shop at Costco for the cheap prices, but they won’t shop at Walmart because it’s “ghetto”.
Arco has a “ghetto” image. The off brand independent gas stations suffer the same problem. They tend to be run-down and not where you want to be seen. People don’t want to drive their nice cars there. But Costco is OK.[/quote]
It’s hard to find a place than Costco if you are a family of five and you prefer Naked over Kool-Aid. Also, Costco workers are unionized and they still manage to put a competitive product on the market. I refuse to shop at Walmart because of the way they treat their workforce. Likely a losing battle, but I can afford to put some money where my mouth is.
March 21, 2011 at 3:36 PM #679883allParticipant[quote=briansd1]
Costco strategically sell certain premium items at low prices to “surprise and delight” their customers.It’s a branding thing. Shoppers therefore believe that everything that Costco sells is better quality and cheaper.
Most people can’t determine quality and value, independent of branding.
Branding also has to do with social standing. Many will shop at Costco for the cheap prices, but they won’t shop at Walmart because it’s “ghetto”.
Arco has a “ghetto” image. The off brand independent gas stations suffer the same problem. They tend to be run-down and not where you want to be seen. People don’t want to drive their nice cars there. But Costco is OK.[/quote]
It’s hard to find a place than Costco if you are a family of five and you prefer Naked over Kool-Aid. Also, Costco workers are unionized and they still manage to put a competitive product on the market. I refuse to shop at Walmart because of the way they treat their workforce. Likely a losing battle, but I can afford to put some money where my mouth is.
March 21, 2011 at 3:36 PM #680021allParticipant[quote=briansd1]
Costco strategically sell certain premium items at low prices to “surprise and delight” their customers.It’s a branding thing. Shoppers therefore believe that everything that Costco sells is better quality and cheaper.
Most people can’t determine quality and value, independent of branding.
Branding also has to do with social standing. Many will shop at Costco for the cheap prices, but they won’t shop at Walmart because it’s “ghetto”.
Arco has a “ghetto” image. The off brand independent gas stations suffer the same problem. They tend to be run-down and not where you want to be seen. People don’t want to drive their nice cars there. But Costco is OK.[/quote]
It’s hard to find a place than Costco if you are a family of five and you prefer Naked over Kool-Aid. Also, Costco workers are unionized and they still manage to put a competitive product on the market. I refuse to shop at Walmart because of the way they treat their workforce. Likely a losing battle, but I can afford to put some money where my mouth is.
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