Costco Company History

1200 Words3 Pages

Alex Accola and Bradan Allen
Principles Of Business
Block 3

Costco Wholesale

-Headquarters: Issaquah, WA
-Business Name: Costco Wholesale
-Address Telephone: 1 (800) 774-2678
-Costco's corporate offices are located at:
999 Lake Drive
Issaquah, WA 98027
-Costco's corporate mailing address is:
PO Box 34331
Seattle, WA 98124
-Website: http://www.costco.com/


Business Bio Description-
Costco was Founded September 15th 1983 by Jeffrey H. Brotman Costco Wholesale Corporation is an international chain of membership warehouses mainly under
Costco. Costco carries quality brand merchandise for a lower price that you would see at any other wholesale store. The Costco warehouses are made to help small to medium sized
businesses . The stuff that …show more content…

Many people might not want to buy bulk because they don't have the money for it all at one time or they can't eat or use that product in time before it expires. Costco also does not carry all name brand products so you might have to compromise on brand when buying from them.
An opportunity for Costco to expand its business would be bringing more name brand items to its stores. By doing this they would attract more customers which in turn results in more money. As well as this Costco should also divide up some of their bulk items so more people can buy smaller amounts.
Costcos threats might include competitors such as Sam’s Club and Walmart. People might pick Walmart over Costco because Walmart does not require a membership in enter and it carries more name brand products. Sam’s Club is nearly the same thing as Costco. The only advantage someone may see to buying from Sam’s Club is that they might be more convenient or they might have more name brand …show more content…

The targeted customer for these T.V.s would most likely be a new homeowner and/or a 20 to 40 year old male. The benefit to buying a television at Costco would be that it is cheaper. On average, Cost televisions are 1% cheaper than Bestbuy. Other than that, there is no advantages or disadvantages. You can buy tires through Costco. The targeted consumer for tires would be any car owner or anyone that has a vehicle in need of tires. Costco tires are the same brands as other dealers, so the benefit would only be price. Costco has a large fruit section. The targeted customer for buying their fruit is anyone who has a family who eats fruit and/or anyone who can consume a lot of fruit quickly so it doesn't spoil because you have to buy it in bulk. The benefit to buying Costco fruit is that it is organic and cheap as well. Costco stores have a pharmacy within them which sells medicine. The targeted customer would anybody with medical insurance who doesn't like running around to different stores to get medicine and related products. The benefit is that you can make one stop for medicine and food products. At Costco, there is an eyeglasses center. The targeted consumer would be male or female of any age with bad vision. The benefit to buying glasses from Costco is that they are

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