Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
4 Mar 2026 Acquired Costco
“In fact, it's right around, and I suspect this is why management price is that way, it's right around the average household spend at Costco.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 4 Mar 2026
- Publisher
- Acquired
- Episode
- Costco
Transcript context
…Wow. I'm sure there are people who have been doing it. The break even point of this $60 is $3000, which is not that hard to hit. In fact, it's right around, and I suspect this is why management price is that way, it's right around the average household spend at Costco. They want to make it basically breakeven for basically everyone. Which is so awesome and also different from other retailers. Now there are all sorts of fancy technology systems to do this, but Costco has always been able to track customer spend at the individual level because they're all members. They have accounts for all of them.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.