Employee owned co-ops don’t have much of a marketing R&D or lighting budget, and no Costco warehouse I’ve been to has music (or even a PA system, come to think of it).
Warehouse management’s sales tactics tend to be unsophisticated bordering on obsolete compared to traditional retail.
For example…
OP’s indiscriminate use of the x99.99 formula dilutes its effectiveness throughout the warehouse. This is especially true for big ticket items.
Too many 9s in the sticker also makes customers doubt they are receiving any kind of wholesale bargain, if only because they begin to envision increasingly large arbitrary markup hidden in that portion of the price.
ETA: but you’re right that one of the original sales dynamics relied on in Costco’s warehouse model is placing higher ticket and luxury items by the entrance such that customers must walk past them to get to what they actually came for. That trick is old but still works.
Employee owned co-ops don’t have much of a marketing R&D or lighting budget, and no Costco warehouse I’ve been to has music (or even a PA system, come to think of it).
Warehouse management’s sales tactics tend to be unsophisticated bordering on obsolete compared to traditional retail.
For example…
OP’s indiscriminate use of the x99.99 formula dilutes its effectiveness throughout the warehouse. This is especially true for big ticket items.
Too many 9s in the sticker also makes customers doubt they are receiving any kind of wholesale bargain, if only because they begin to envision increasingly large arbitrary markup hidden in that portion of the price.
ETA: but you’re right that one of the original sales dynamics relied on in Costco’s warehouse model is placing higher ticket and luxury items by the entrance such that customers must walk past them to get to what they actually came for. That trick is old but still works.