Why Kirkland Can Do What Other Private Labels Can't

Поделиться
HTML-код
  • Опубликовано: 13 окт 2024
  • Kirkland Signature is really what makes Costco, Costco. In 2021, the private label brought in a whopping $58 billion in sales, about a quarter of Costco’s overall revenue. So, what exactly is the secret to Kirkland's success? It has a lot to do with the millions of shoppers like me.
    Subscribe to Morning Brew
    Sign up for free today: www.morningbre...
    Follow The Brew!
    Instagram - / morningbrew
    Twitter - / morningbrew
    Tik Tok - / morningbrew
  • НаукаНаука

Комментарии •

  • @chrislewis4606
    @chrislewis4606 9 месяцев назад +30

    I remember being told looooong ago that Costco does very little development of their own food products, and instead sample a wide variety of private submissions and pick the best - as well as supply a substantial package to the winners.
    Could just be another tale. I never did bother to research that… Anyone else hear that too?

  • @dorothyyoung8231
    @dorothyyoung8231 11 месяцев назад +110

    I routinely pick Kirkland brand items over “name” brands. Realistically, Kirkland IS a name brand.

    • @Brownie.-
      @Brownie.- 4 месяца назад +1

      Store brands are basically brands. Just everything is on different levels.

  • @skybluskyblueify
    @skybluskyblueify 11 месяцев назад +57

    Their dog food is better than any dog food sold in grocery stores and on par with the best found in most feed stores. I had been veterinary nurse for 20 years and know what to look for, for the price I want to pay, and Kirkland fits the bill, literally.

    • @cookmyflower
      @cookmyflower 5 месяцев назад +6

      Being a dog, I confirm it.

  • @christian19701
    @christian19701 7 месяцев назад +23

    Kirklands high end Vodka is NOT grey goose. Costco buys it from a company with not affiliated with grey goose. And I would argue is better because quality is more consistent.
    PS Kirkland regular Vodka is also very good, and an extremely good value.
    *It just doesn't have a bunch of reddit conspiracy rabbit holes dedicated to it.

  • @55123Swiftfoot
    @55123Swiftfoot 7 месяцев назад +9

    Very informative and concise!!! Great voice and great delivery of info

  • @mryan3123
    @mryan3123 11 месяцев назад +16

    I was hooked on Costco around a decade ago. Hell, I even use Kirkland golf balls and golf gloves. I have yet to find any kitkland product that I didn't like. If I was to complain about anything, it would be the package sizes. But, for the issue of product sizes like meat, we simply decant the food products into smaller vacuum storage bags and store them away in our freezer.

  • @ally_coffee_break
    @ally_coffee_break 11 месяцев назад +37

    Now, I want a $1.50 hot dog & drink while I go explore Costco for more finds!

  • @bar8393gm
    @bar8393gm 11 месяцев назад +111

    If Kirkland made a car, I’d buy it.

    • @joeym5243
      @joeym5243 6 месяцев назад +2

      Kirkland doesn't "make" anything though, they just put their own label on it

    • @the-gas-station
      @the-gas-station 6 месяцев назад +17

      If the Kirkland Signature was a car they put their name on, I'd buy it.

    • @chickenman5137
      @chickenman5137 5 месяцев назад +9

      So you want a pack of two cars Sir?

    • @alphaomega1351
      @alphaomega1351 4 месяца назад +1

      ​@@joeym5243
      Well, neither did any gods. 😳

    • @TijoJose-zs7cn
      @TijoJose-zs7cn 4 месяца назад +1

      A Kirkland Car would just be a high-trim Toyota Camry Hybrid XLE, BUT they only come in a 4 pack. 4 super Camrys for $85,000 when the MSRP of one is $40,000.

  • @toddtheisen8386
    @toddtheisen8386 6 месяцев назад +19

    Lovely spokesperson. Need more of her.

  • @coltongreen1848
    @coltongreen1848 6 месяцев назад +11

    I practically live off their $4.99 whole roasted chicken. I don’t know how people walk past that steal!

  • @sixtynineelephants2403
    @sixtynineelephants2403 11 месяцев назад +7

    They also make their own version of a product if the brand name sells well. Usually cheaper.

  • @gwcrispi
    @gwcrispi 7 месяцев назад +6

    Watching this while sipping on my Kirkland Pacific Bold brew...

  • @CT-ue4kg
    @CT-ue4kg 11 месяцев назад +12

    They've absolutely nailed it. And im not sure there is anything like it globally

    • @russellpengilley5924
      @russellpengilley5924 11 месяцев назад +1

      When your membership is roughly equal to the population of Japan (which itself is the 12th most populous country in the world), then you can do things that no-one else can. The scale is remarkable!

  • @jau38
    @jau38 11 месяцев назад +133

    More of Naula please.

  • @jcf2322
    @jcf2322 4 месяца назад +1

    You can't go wrong with Kirkland. Brand loyalty just isn't what it used to be. Saving money is more important.

  • @jefflucas6217
    @jefflucas6217 11 месяцев назад +10

    One brand to rule them all: The Kirkland Signature Story

  • @aarjithnandakumar
    @aarjithnandakumar 27 дней назад

    3:00 Walmart has multiple private labels - infact equate probably isn’t even its biggest (Great value / mainstays / hyper tough )

  • @WillJackDo
    @WillJackDo 7 месяцев назад +4

    I could listen to her all day...

  • @glssjg
    @glssjg 11 месяцев назад +23

    I feel like investing in a small teleprompter would be good for these types of videos

    • @radamdavidson
      @radamdavidson 11 месяцев назад +10

      Kirkland brand teleprompter

  • @thesuzyday
    @thesuzyday 11 месяцев назад +6

    HEB private label 💯 they make products that are unique and not just copy other brands

  • @Akash.Chopra
    @Akash.Chopra 7 месяцев назад +5

    And yet, membership fees account for more of Costco's profits..

  • @paulschuster3451
    @paulschuster3451 11 месяцев назад +3

    I love morning ! The toughest part is I feel Costcos aren’t located enough in the cities

    • @bl00dkillz
      @bl00dkillz 4 месяца назад

      Only 5 IN ALL NYC sadly

    • @nalou6933
      @nalou6933 Месяц назад

      Sadly, unless you buy A LOT of merchandise, the membership fee doesn't save you much.

  • @zed4229
    @zed4229 6 месяцев назад +4

    They get you to pay the profits up front.

  • @YouilAushana
    @YouilAushana 4 дня назад

    0:58 - no wonder the chick got all the taste testers right

  • @jaimeponte5832
    @jaimeponte5832 9 месяцев назад +1

    Among other reasons, why i love Costco!!!

  • @willemvanriet7160
    @willemvanriet7160 5 месяцев назад

    Interesting that Kirkland is the only brand with healthy products on your graph of the biggest companies...

  • @AdamRafeedie
    @AdamRafeedie 7 месяцев назад

    They make good stuff can't lie

  • @lilblackfish2009
    @lilblackfish2009 4 месяца назад +1

    kirland needs to make protein powder lol

  • @YouilAushana
    @YouilAushana 4 дня назад

    0:30 larger just by restricted size options.

  • @TurnerClassic
    @TurnerClassic 4 месяца назад

    Wegmans Store Brand is Elite

  • @BensEcoAdvntr
    @BensEcoAdvntr 4 месяца назад +3

    This might have been a good video, but I *really* disliked all the added pop and click sound effects. Very grating and distracting to listen to. Don't overdo your production, we just need the presenter speaking with occasional b-roll in the background

  • @TaigiTWeseFormosanDiplomat
    @TaigiTWeseFormosanDiplomat 4 месяца назад

    0.0.0.0

  • @AMPProf
    @AMPProf 4 месяца назад

    ZIT'S ALL EVIL BY THE WAY.. WHOOM IS WRITTING THESE