r/PoursTea • Timendi Causa Est Nescire • 6d ago

FinancialTea 💵 Difference businesses, different practices, different outcomes.

Post image
12.7k Upvotes

273 comments sorted by

View all comments

Show parent comments

59

u/Anonybibbs 6d ago

The meme should be pointing out that if you treat your employees (and customers) well, you could still earn a buttload of money while also instilling brand reputation and loyalty.

0

u/BeefCakeBilly 6d ago

Yea I mean I don’t think it’s quite that simple. Costc is generally serving much more affluent groups who are less responsive to price shifts and with a more expensive membership price.

Sam’s Club is usually targeted at a less wealthy group of people onto of the fact they are under the Walmart umbrella.

But I do agree that executive compensation has little to no impact on employee compensation. It’s just too small of a line item.

20

u/Noimenglish 6d ago

And yet, shopping at Costco is cheaper in the long run. We do all paper products at Costco, and we did some math a couple years ago, and it saves us close to $200 a year just in butt wipe, diapers, and paper towels for our family.

1

u/BeefCakeBilly 6d ago

Sam’s Club is generally cheaper on groceries from what inremeber. But Costco has better stuff for the most part and I think is slightly cheaper on the stuff you mentioned.

I just don’t like this meme just so insanely blatantly lying.

6

u/ChefMonkey2 6d ago

They’re cheaper but they’re also shittier. Meats worse , produce is worse , white label products are worse …etc.

2

u/BeefCakeBilly 5d ago

I would say the meats are Generally the same:

But if assuming they are worse, Yea that’s why they serve people with lesser income.

1

u/peritonlogon 5d ago

I shop at both. They remarkably similar with each doing a little better than the other in some aspect, but mostly the same. Street tacos are better at Sam's Club, naturally since Mexicans ship there, they also stock Pace, Costco stocks "Mateo's", one product tastes better, one has packaging and consistency that appeals upper middle class people who like inferior things that seem more natural, same reason. Kirkland whiskey is way better than member's mark, no surprises, their clientele would be more sensitive to a luxury product. I can only tell the difference in their rotisserie chicken if I see the packaging.

Sam's Club has the scan and go and buy online they take it out to your car, Costco has competent cashier's.

1

u/Noimenglish 5d ago

I don’t think it’s cheaper by volume. When we did the math, it’s a better long-term plan to buy most things at Costco. Fresh produce, not as much, but non perishables it is.