Do u or anyone u know work for Costco? I was curious to what an employee discount comes out to be, especially for the jewelry department. Thanks.

 

Looking to buy promise rings?

 

LOL

 

No discounts. Just free membership.

 

It seems like just about ANY discount would be a loss for them.

 

 

(I used to work there over the summer)

 

ok thanks ya'll. Do u know what they start u at approx./ballpark figure? Over $10/hr atleast?

 

not sure how many people know this, but club/warehouses like costco, sam's, and BJ's operate on very low gross margins (at least half of Walmart, Target, and probably more along the lines of 2/3 less than Best Buy who screws vendors on back end programs and profit centers like the advertising department where the buyers are required to fund pages on the sunday ads).

but to do business with club/warehouse, you need to show a "value" (typically one or two price points below equivalent retail product) by going with more (soaps, sodas, pens, etc.) - so if Walmart carried a single pack X product for $30, a dual pack X product would usually be $50 at Costco.

vendors are responsible for fully funding coupons, of which there are 4 each year.

lastly everything is RTV (return to vendor) on returns, defective or not. but then again Walmart, Target, Best Buy and all major retailers already force that down vendors' throats to begin with. Ever wonder why there are so many "refurb" deals out there?

 

started at 10 when I was there, no idea what it is now