New changes coming to Costco! I bet you are familiar with it and their products, aren’t you? It is affordable for everybody and they sell many types of products – from everyday objects to food and tires – that’s one of the reasons why people love it.
More positive features will come to your Costco since they are adding new technology to improve clients’ experience. Your next shopping day will be much different, so let’s see what we will find at Costco!
Origin of a big American multinational corporation
The company was founded by James Sinegal and Jeffrey Brotman in 1983 in Seattle. Their clients weren’t usual ones, they had to be members, as now, by paying dues to buy here and their goal was to sell wholesale at low prices. They are still successful with this system, they have even expanded their business all over the globe to countries like Canada, Japan, Mexico, Australia or Spain. Recently, Costco has been a trend in Spain since influencers have been trying food at Costco and talking about the quality-price relationship. What an incredible journey for the American company.
Costco’s upgrade
Nowadays we can see many huge companies upgrading their facilities like self check out systems or even places to charge you electric vehicle. Having in mind the many years the company has been active, it is surprising they haven’t invested much on technology that much. However, this is going to change as they will make searching on the Costco app much easier and precise, allowing clients to know the availability and price of the products.
What’s more, they will include a new method of payment and clients will be able to pay in installments for their big online purchase. Yes, this improvement will only be available online. This is a way more comfortable shopping experience because you can take as much time as you want looking for products from the comfort of your sofa, and you don’t need to worry about paying hundreds of dollars all at once.
How do these installment payments work?
Thanks to Affirm service you can now divide your $500 or more online purchase with no need of a credit card. Each month you will pay a certain amount of money to help you afford it, and now let’s explain in detail this new payment system: you have different options of installments to choose from 3 months to 3 years, and an interest ranging from 10% to 36% will be included. This interest percentage depends on your shopping activity at Costco and don’t worry, the installments choice won’t affect to you shopping activity numbers.
Costco members have some benefits!
Costco knows how to catch people’s attention and they are including new strategies to keep or even raise the number of members. Now, they’re giving members access to Costco Next, where you can find selected products not available at their stores which make them very exclusive. Another benefit for being part of the membership is a 5% refund on petrol purchase which sounds interesting for many people because it is a worthwhile offer. I mean, who doesn’t like to save some money, right?
Costco is adapting to modern times and they are analyzing what their clients need, so they have improved many strategies to make clients want to come back. They look for that by word of mouth communication about its many membership benefits so that new members could enjoy being part of the Costco world. It is nice to see a huge company like this taking care of their members and willing to match their needs and times. Way to go Costco! Aren’t you curious about what the future holds for Costco members?
