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Friday, November 10, 2006

Costco in Downtown

Am I the only one that things the costco in downtown is a 'stupid idea'?

My reasoning? Well lets think about the logic here for a second:

1) Condos/Apartments (pretty much the only thing you can buy downtown) are becoming ever so smaller and smaller.

2) Costcos sales model (taken from their wiki]) "Costco focuses on selling products at low prices, often at very high volume. These goods are usually bulk-packaged and marketed primarily to large families and small businesses."

So here goes a young couple, that spends most of their savings on a 500sqf or so condo. Now do they really want to save a dollar and buy a bulk of 48 toilet rolls to fill up their 20sqf bathroom? How many 'large' families live in Downtown? How many 'small' business are there really in downtown?

0 comments - posted by Unknown on 5:24 PM

 
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