Why Costco discounts postage stamps .. Not everybody values money the same, clearly: If commerce were all about low pricing, there would be no space for retailers like Nordstrom; everyone would be shopping at Walmart. Instead, for Nordstrom customers, quality, personal shoppers, and a great return policy provide a personal benefit that make the equation. In fact, the closer you get to your customer, the more you can minimize price as a consideration. At Tiffany, the famously high prices themselves confer a benefit to the customer purchasing a gift.)A loyal customer is the least price- sensitive customer of all. But almost all customers are at least somewhat sensitive to pricing. To unsophisticated customers, a high price is generally a sign of quality. For example, Costco, a discount chain whose customers skew to well- above- average per capita incomes, has changed the meaning of low prices to . Costco was apparently happy to lose five cents a roll (not even Costco is able to negotiate with the U. S. Postal Service) to ensure that the very last impression their customers get leaving the store is one of value. Costco Strategic Plan 1. Strategic Plan<br />Team 1<br /> 2. About Costco<br />End of 2008 <br />$71 Billion in Sales<br />550 stores world-wide<br />54 million members<br />Avg yearly income $. Main Categories Analytical Instruments/Systems: Capillary Electrophoresis, Cell Counting, MS, Protein/Particle and Mercury Analyzers, Sample Prep, Spectroscopy and more Apparel Audits/Certification/Training Consultants. ReSound Prostrates Itself Offering The LiNX On The Costco Altar, Ignoring Phonak’s Mis-Step One Year Ago. Walmart's human resource management: employee training, performance management, planning, needs analysis standards, needs analysis and design case study. Presentation Costco 1. Presenter: Pei-Yu Lo<br /> 2. Global Location<br />As of April 4, 2010, Costco has 567 locations.<br />77 in Canada<br />7<br />9<br />21<br />6<br />414 in U.
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