Money Hacks Costco Doesn’t Want You To Know

This video is about five money-saving hacks at Costco, including psychological tricks used by the store, the price match guarantee, using Costco gift cards to shop without a membership, and the truth about Costco gas prices.

This video by Daniel Iles was published on Dec 17, 2022.
Video length: 04:26.

This video is about five money-saving hacks at Costco.

The first hack is that Costco strategically places their loss leader items, like their cheap chicken, at the back of the store to get customers to spend more money on other items. The second hack is that Costco offers a 30-day price match guarantee, allowing customers to request a refund of the price difference if a product goes on sale within 30 days of purchase. The third hack is that Costco sells their hot dog and soda combo at a loss, but it attracts customers who end up spending more money on other items. The fourth hack is that you can shop at Costco without a membership by using a Costco gift card, which can be obtained from someone with a membership.

The fifth hack is that Costco gas prices are slightly cheaper than regular gas, and if you combine this with the gift card hack, you can save even more money on gas.

• Costco sells chicken at a loss to attract customers and increase their overall spending.
• High-profit items like toilet paper are strategically placed to encourage customers to walk past other items and make additional purchases.
• Costco offers a 30-day price match guarantee, including for Black Friday sales, allowing customers to request a refund if a product goes on sale within 30 days of purchase.

Money Hacks Costco Doesn’t Want You To Know - YouTube

Psychological Tricks and Placement

• Costco purposely sells chicken at a loss to get customers in the door and spend more money on other items.
• They strategically place high-profit items like toilet paper in the back and edges of the store to make customers walk past other items.
• Customers often end up spending more than they intended when they go to Costco.

Price Match Guarantee and Black Friday

• Costco offers a 30-day price match guarantee, allowing customers to request a refund of the price difference if a product goes on sale within 30 days of purchase.
• This policy also applies to Black Friday sales, so customers can buy items from Costco online and request a price match to receive the sale price.

Watch the video on YouTube:
Money Hacks Costco Doesn’t Want You To Know - YouTube