Please enable JavaScript.
Coggle requires JavaScript to display documents.
COSTCO - Coggle Diagram
COSTCO
Costco has a Competitive advantage
Its business model isn't widely used
makes Costco unique
Able to gain profit even with high volume, low cost, and highly paid employees
has a high Corporate social responsibility
EXTERNAL ENVIROMNET
Customers
A large focus on customers relative to other retails
used the customers wants to their advantage
Employees
Happy
Dedicated to their jobs
which allows Costco business model to work
very loyal
Highly paid
business model
High volume of goods with low prices
Attracts customers
raises standard of living for customer as he/she has more purchasing power
membership needed to shop their
customer happiness is a big thing here
90% membership renewal
Costco customers called it addicting to shop at Costco
free food samples
Food court
treasury hunt strategy
great quality goods for low price
Air miles
cash back at 2%
employees provide great service to customers