Re:One Dollar Glasses – Help for 150M people
by dragonwriter on Friday December 02, 2016 @04:09PM
(#13092322)
> Costco's profit comes from their membership fees rather than selling anything
Membership is key both because its essentially zero cost, and because paid membership motivates choosing Costco as the place to make purchases (one reason Costco sells so,much more per unit of floospace than, e.g., WalMart), but Costco, absolutely, does make profits from sales, even if its margins are fairly low.
Re:One Dollar Glasses – Help for 150M people
by Declanomous on Friday December 02, 2016 @04:18PM
(#13092372)
Well, their stated goal is to only make as much profit as is needed to cover their expenses. I personally don't consider that profit, but the price they sell goods for is indeed greater than the cost they bought them for.
Re:One Dollar Glasses – Help for 150M people
by branchless on Friday December 02, 2016 @06:46PM
(#13093280)
Surely salaries have to be taken into account? If they fill their boots ratger than shareholder profits customers still pay.
The one thing I need to look out for is how the hook on the arm is constructed. One of my ears is slightly farther back than the other (by maybe 2 millimeters). If I buy frames where the arm can't be readjusted the glasses can rest a bit askance on my face.