Costco, every mention

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Verbatim, from the transcripts: the passages where Costco comes up

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▶ 0:26 Alex Lieberman By the end of this episode, you'll understand each of these strategies, why they created powerful moats, and examples of companies like Apple, Netflix, Costco, Tiffany & Co., and more that have won their markets by executing on one or…
▶ 7:03 Alex Lieberman One is Costco, which is able to buy product at crazy bulk, which leads to lower costs of goods, and then it passes on those savings to customers, which leads to lower, more competitive prices.

▶ 0:36 Alex Lieberman I'm talking about Costco.
▶ 0:45 Alex Lieberman The concept of Costco started in 1976 under this guy Sol Price, the original founder, who started the company under the name Price Club. 12 times in the scene
▶ 4:21 Alex Lieberman So as I mentioned, Costco, unbelievable business that was started in the nineties and has grown to be the sixth largest retailer in the world. 12 times in the scene
▶ 9:08 Alex Lieberman I think the second reason that these brands take on competition or create competition for themselves is in thinking about the importance of their relationship with Costco. 7 times in the scene
▶ 12:17 Alex Lieberman Because of Costco's ability to generate margin through its memberships, which makes up about three and a half billion dollars in revenue per year, 12 times in the scene
▶ 16:32 Alex Lieberman How can you apply the lessons of Costco and Kirkland to your own company or the business that you work for?

▶ 1:41 Alex Lieberman The best way to describe the company is if Costco and Disneyland had a baby.
▶ 9:39 Alex Lieberman Remember, the best way to understand this company is where Costco meets Disneyland, and so far, Colin has had the relevant experience to understand selling goods at scale and 2 times in the scene

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