Swot for Costco

Internal Analysis: SWOT Strengths: * Positive Business Strategy The modality Costco operates is providing items in bulk at low prices in rank and file only warehouses. This has caused an increase in sales with the current recession, which similarly leads to growth during the slow economic times. * Treasure Hunt trade Costco changes about a quarter of their items to sell regularly. For example, customers may point out Ragu one week, and Prego the next, it just depends on who Costco strikes a better turn with. They also offer deals on name brand products that stretch out only a limited time. * High Membership transformation Rate In 2007, it was reported that Costco had an 87% membership reclamation rate. The company also boasts that it registered a strong increase in membership numbers, which also includes the amount of Executive membership stead upgrades. * Takes Care of Employees and Gain Employee Loyalty Employees at Costco on fair(a) make about $15.97/hr versus $10.30/hr (Wal-Mart employee) in thermionic vacuum tube areas.Wal-mart refuses to even release Sams Club average wages. Costco employees also trust a higher percentage back into the company, by shop where they work. They also receive exceptional benefits.

* Low Markup There is postcode sold at Costco that is marked up more than 14% of what Costco paid. In fact, the average markup is actually 10% versus 20%, which is Wal-marts average markup, and versus 50%, which is the average department store markup. * peachy return Policy/Customer Service Costco will remove the return of almost any items it sells without a receipt or obligated store credit. This keeps customers from dealing with the usual hassle of a return. * Strong Management Most of Costcos management staff and vice presidents started out in the company with entry aim jobs. This way they are familiar with blood operations already and can better manage a staff and the business and also boosts moral to current employees knowing there are... If you pauperism to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!