lifehack.guide: Wise Shopping

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Strategy 101: How Costco can boost Profits & Customer

AK Wednesday, May 07, 2025

As a loyal costco customer; I have a few ideas on how Costco can increase:

1) revenue & profit segments
2) customer marketshare
3) customer retention 4) expand without additional investment

Ideas:
1) Add a drive-by food court for costco customers (preferably 24/7)
Reason: costco is also a fast-food business; just like McD is a real estate business

2) Reduced fastfood prices:
A) reduce hotdog price to $1 for all costco customers.
B) make softdrinks free for in-store customers
(Drive-by customers still pay $0.5)
Reason: pure marketing play to increase loyalty and recognition and boost customer in-store visits

3) Reorient food court to face the exit rather than be parallel to it.
Reason: currently customers and kids can mentally skip the food court without noticing it

4) Add children’s playzone:
Reason: most people visiting have families and are on a budget. A free,clean and safe playing environment is a big bonus for all parents

5) Add a costco membership auto checkin to parking lots (just like carwashes currently do)
Reason: many customers don’t like to carry or show their membership cards

6) Add a premium parking lot where costco fills gas in your car while you shop at costco
Reason: most people don’t like to wait for gas and would love the premium service not offered anywhere else.

7) Partner with Tesla & other major car brands to add mini servicing centers for to all costcos to encourage premium traffic inflow and signups. Repair would include:
A) Tire Services
B) Windshield wiper fluid/change

C) Air filter change

8) Offer a hotdog/pizza to everyone on their birthday (regardless of being a member or not)
Reason: brand respect, love and loyalty

9) Add free guided tours for non-members and offer a free $25 giftcard upon tour completion. (Most people won’t have a reason not to join)

10) Add free weekend deliveries for all members for basic non-premium Kirkland-brand-only essentials delivered directly by a costco truck.
Reason: Tempers traffic and makes space in store for premium customers who are interested buying premium products rather than the conventional low/no margin products.

Economics Wise Shopping

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Travel 101: Cities That pay cash if you move there

AK Sunday, January 19, 2025

Here’s a list of places around the world that offer incentives for individuals or families to relocate, along with brief descriptions of their programs:

1. Tulsa, Oklahoma, USA

• Program: Tulsa Remote

• Incentive: $10,000 in cash plus additional benefits like coworking space memberships.

• Eligibility: Open to remote workers or self-employed individuals who can move to Tulsa for at least one year.

2. Albinen, Switzerland

• Incentive: Up to CHF 25,000 ($27,000) per adult and CHF 10,000 ($11,000) per child.

• Eligibility: Must commit to living in Albinen for at least 10 years, purchase or build a property worth at least CHF 200,000, and be under 45 years old.

3. Sardinia, Italy

• Incentive: Up to €15,000 (~$16,000) in grants.

• Eligibility: Designed for individuals or families willing to move to rural villages and buy or renovate property. Some restrictions apply regarding the use of funds.

4. Topeka, Kansas, USA

• Program: Choose Topeka

• Incentive: Up to $15,000 for relocating and working in Topeka, split between employer and the city.

• Eligibility: Employment in the area and a commitment to live there.

5. Vermont, USA

• Programs: Remote Worker Grant and New Worker Relocation Grant

• Incentive: Up to $7,500 to help cover relocation expenses.

• Eligibility: Open to remote workers and individuals moving to Vermont for employment in specific industries.

6. Santiago, Chile

• Program: Start-Up Chile

• Incentive: Equity-free funding for entrepreneurs, with up to $40,000 in grants and a one-year visa.

• Eligibility: Entrepreneurs or startups relocating to Santiago to grow their business.

7. Presicce-Acquarica, Italy

• Incentive: Up to €30,000 (~$33,000) for purchasing and renovating homes in this historic southern Italian town.

• Eligibility: Must purchase eligible properties and commit to residing there.

These programs often aim to attract skilled workers, remote employees, or families to revitalize local economies and communities. Eligibility requirements and application processes vary, so be sure to research individual programs for up-to-date details.

Travel Wise Shopping

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Food 101: Why frozen fruits and veggies are better than "fresh"

AK Tuesday, May 14, 2024

10 reasons why frozen produce (fruits and veggies) is better than "fresh" options in the supermarket:

Nutrition:

Peak Picked: Frozen fruits and veggies are typically flash-frozen at their peak ripeness, locking in nutrients fresh produce might lose sitting at the store or on your counter.

Vitamin C Champs: Frozen veggies often hold onto more vitamin C than fresh ones that have been sitting for a while.

Fiber Boost: Freezing can increase soluble fiber content in some fruits and vegetables.

Convenience and Cost:

Less Waste: Frozen produce has a longer shelf life, reducing food waste in your kitchen.

Always in Season: Enjoy tropical fruits or berries year-round without worrying about seasonality.

Quick and Easy: Frozen fruits and veggies are already prepped, saving you time on chopping and washing.

Budget Friendly: Frozen produce is often cheaper than fresh, especially out of season.

Variety and Safety:

Unique Mixes: Frozen options often come in pre-chopped blends or interesting mixes you might not find fresh.

Pre-washed: Frozen produce is already washed, minimizing contamination risk.

Flash Frozen Freshness: The freezing process inactivates enzymes that can cause spoilage, keeping them fresher for longer.

Note: It's important to watch out for added sugars or sodium in some frozen fruit and vegetable options. Choose plain frozen fruits and vegetables whenever possible.

Food for Health Wise Shopping