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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 238.42-0.3%Jan 26 3:59 PM EST

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To: Glenn D. Rudolph who wrote (140932)3/26/2002 9:11:14 AM
From: H James Morris  Read Replies (1) of 164684
 
>>I do not know the answer to this either. I can't figure out why consumers pay a business to shop whether it is Costco, Sam Club, etc.<<
I think its twofold. (1) Costco members see themselves as members of an exclusive club. (2) The members truly believe they're getting the best deal with what Costco sells.
Btw
I do know this. A Costco member goes to Costco to buy a $10.00 garden hose, and might walk out spending $1000 dollars.:)
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