Swot Analysis Of Costco

Decent Essays
4. Due to the globalization, many products are easily exported and imported throughout the countries, and people can experience goods from various countries. The lower trade barriers such as General Agreement on Tariffs and Trade (GATT), World Trade Organization (WTO) and integrated economic markets such as EU, APEC and ASEAN helps Costco to expand internationally. The globalization gives opportunity to Costco Wholesale to branch out internationally and make international members. It may also be a challenge to branch out to other countries because of the cultural difference or competition between other wholesale companies. It must be well examined by PESTLE analysis to branch out successfully. The typical international model used in Costco

Related Documents

  • Decent Essays

    ‘Costco wholesales’ is a subscription business model that gives low prices of products to attract the customers. James Sinegal, the former CEO of Costco, and Jeffrey H. Brotan opened its first store in Seattle, Washington, on 1983. Costco only have almost 35 years of history, however, it now has about 174,000 employees and 81 million membership members. It located at 600 different area, and earn $93 billion in annual revenue. Among existing markets in the United States, we pick out the Walmart and the Target as the biggest competitors.…

    • 282 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Company Overview History Dollarama is a Canada only retail store corporation best known for having $1.00 items. With having over 900 stores, Dollarama is the leading dollar store in Canada. The head office of Dollarama is located in Montreal, Canada. The first Dollarama store opened in April, 1992, in Matane, Quebec (Dollarama Inc. 2015). In 1994, Dollarama opened their first store in Ontario.…

    • 755 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    SWOT Analysis: Geico

    • 1000 Words
    • 4 Pages

    Internal Perspective & Results Geico is committed to having the lowest cost insurance without sacrificing any quality. While there is no “average” cost for the car insurance plans because each customer’s plan is different, a study shows that Geico has the lowest cost auto insurance plan at $1,297 per year which is significantly lower than that of some of their competitors. In comparison, Geico’s number one competitor, State Farm, has an average plan cost of $2,296 (Glenn, 2016). Having a low cost is Geico’s main competency, so having a competitive price for their car insurance plans is one of the most important things for their success.…

    • 1000 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Urban Outfitters. Urban Outfitters targets young adults aged 18 to 30 through its unique merchandise mix and compelling store environment. We have established a reputation with these young adults, who are culturally sophisticated, self-expressive and concerned with acceptance by their peer group. The product offering includes women’s and men’s fashion apparel, footwear and accessories, as well as an eclectic mix of apartment wares and gifts. Apartment wares range from rugs, pillows and shower curtains to books, candles and novelties.…

    • 133 Words
    • 1 Pages
    Improved Essays
  • Superior Essays

    Introduction SWOT analysis is the strategic plan that allows a company to establish the strengths, weaknesses, opportunities, and threats that affect an enterprise. This entails the identification of an organizations objectives and the determination of the external and internal factors that are both favorable and unfavorable. SWOT analysis allows an organization to plan on the strategies to be adopted to promote organizational performance. Home depot and Lowe 's Companies Inc. are among the biggest home improvement retail chains in the United States necessitating the development of a SWOT analysis to differentiate the two companies and their performance. Home depot Inc. is among the world biggest home improvement retailer.…

    • 1452 Words
    • 6 Pages
    Superior Essays
  • Decent Essays

    Target Corporation’s sales in January 31, 2015 to January 30, 2016 increased from $72,618 to $73,785. However, there was a major downturn of $73,785 to $69,495 from 2016 to 2017 respectively. The earnings from continuing operations before interest expense and income taxes of Target Corporation also grew from 2015 to 2016 but plummeted from being $5,530 in 2016 to $4,969 in 2017. Furthermore, the earnings from operations before income taxes in 2015 was $3,653 and later on increased in 2016 with a value of $4,923. Moreover, the net earning from Target Corporation’s continuing operations was also increased from 2015 to 2016 which means that Target did a superb job in doing their required tasks for servicing the customers.…

    • 152 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Swot Analysis Publix

    • 601 Words
    • 3 Pages

    Publix has been in business since the early 1930’s and it has grown into one of the largest grocery chains in the eastern U.S. According to Brian Solomon of Forbes (2013), Publix is the seventh-largest private company in the U.S and is the largest employee owned company in America. One of the keys to the longevity Publix has been that they provide impeccable customer service above quality and price. This focus on customer service is what sets them apart from their many competitors, such as Wal-Mart because that company focuses on providing a lower price over service.…

    • 601 Words
    • 3 Pages
    Decent Essays
  • Superior Essays

    Overview of the Company Dollar Tree, Inc. is operating mainly for the customers with low financial backgrounds for a fixed one dollar price or less. It’s headquarter is in Chesapeake, Virginia and it operates 13,600 stores throughout the US and Canada with a mission of measured and profitable growth. This store was first started in 1954 as Ben franklin variety store which now known as Dollar Tree. The products in Dollar Tree stores include health, cosmetics, food, houseware, glassware, stationery, automotive, pet supplies, electronics and many more which are national, regional and private label brands.…

    • 1239 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Swot Analysis For Costco

    • 908 Words
    • 4 Pages

    SWOT, Gap Analysis, and Needs Assessment for Costco Melissa Pommerening DeVry University Company Information Costco is best known for being a huge membership warehouse which sells bulk items to the masses. In 1983, the first Costco warehouse opened its doors in Seattle, and since then the business has grown to 686 stores in the United States and nine international locations. Merging with Price Club in 1993, the flagship warehouse company which opened in 1976 (Costco.com, 2014), ultimately expanded Costco’s hold in the warehouse business.…

    • 908 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Opportunity Increasing Online Sales Expending Store Locations Threat High Level of Competition Foreign Exchange Rate Fluctuations Increasing Labor and Healthcare Costs Strength Permanently Capped Low Margin Prices Costco’s business philosophy is to maintain lower prices, as well as offer the consumers high quality products. Costco’s prices are very competitive, maintaining a maximum markup price of 16% for branded and private label products, while average markup price for the industry is more than 26% (MarketLine). The company makes most of its profit from selling their Kirkland Signature branded products, more so than selling from national branded products. Costco also charges an annual membership fee from its 86 million members, which helps make up for low margins. Due to limited shelf space, and few SKU’s (stock keeping units), suppliers participate in competitive bidding for shelf space through price reduction, thus giving Costco the opportunity to offer lower prices compared to other retailers who carry the same products.…

    • 512 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    Swot Analysis Of Lowe's

    • 173 Words
    • 1 Pages

    Lowe's has established approximately 1,800 stores inside the United States, an additional 42 stores in Canada. Mexico has 10 stores, and an e-commerce site. Lowe’s has a inventory that covers about 36,000 products for both do-it-yourselfers and professionals for home improvement and repair projects. Ranked second only to Sears in retail sales of appliances, Lowe’s stocks items such as outdoor power equipment, lumber, paint, plumbing and electrical supplies, a vast array of tools, and gardening products, they also carry outdoor furniture for the front porch/deck, or back of homes, and a multitude of accessories.. Lowe’s business model has been one focused on inclusion.…

    • 173 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    Target Corporation (Target) was founded by George Dayton in 1902 in the heart of Minneapolis, Minnesota in 1902. Originally known as the Dayton Dry Goods Company, its focus was on general goods for families at competitive prices. As it grew from department store retailer to discount chain superstore, Target tailored its strategy on selling designer brand name goods at discount prices. Today, the innovative superstore has cultivated a brand that is known for its superior guest service, great in-store design, and fashionable, affordable merchandise. On the corporate side, Target has generally been known for good corporate governance and its participation in a wide variety of community-focused initiatives.…

    • 685 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Swot Analysis Of Comcast

    • 1667 Words
    • 7 Pages

    Founded in 1963, Comcast had an exceptional year in 2016. Stocks reached an all-time high, while revenue, assets, and operating cash flow toppled analysts’ projections. The global media and technology company has two primary businesses: Comcast Cable and NBCUniversal. These two businesses make up the five reportable business segments which are: cable communications, cable networks, broadcast television, filmed entertainment, and theme parks. Below is the revenue, operating income before depreciation and amortization, and operating income of each business segment.…

    • 1667 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    There are both controllable and uncontrollable factors that every company faces when they enter to the global market. For example the factors that Starbucks has encountered in their domestic market are similar to what they have to come across in the global market. These controllable factors include the product, the price of the product, the promotion of the product. These are common elements in any global market. When entering the global market, there are few important factors that Starbucks has to concentrate in order to increase their sales.…

    • 834 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Analysis on the Fast Food industry of South Africa. There are many fast food companies in South Africa that consumers enjoy joyfully. The main food types are pizzas, burgers and chips. Chips are the most common meals that South African love, who enjoys a fast food meal with chips?…

    • 823 Words
    • 4 Pages
    Improved Essays