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Costco

buys Cokes at 33 cents

109 transcript mentions
Mentions over time
109 total · by year · from the transcripts
’193’2015’2116’2213’2320’2412’25’26921
109
mentions
2
receipts
2
numbers
2
episodes
By type
2
  • Number2 · 100%
By speaker
2
  • Sam2 · 100%
By topic
3
  • Side Hustles1 · 33%
  • Pricing1 · 33%
  • E-commerce1 · 33%
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Key numbers

2 figures
33 USD centsCost of a can of Coke from Costco (resold for $1)EP 187 · 27:03 · SAM · Quinn Miller · Costco$39B/yrAnnual Kirkland brand product salesEP 46 · 4:13 · SAM · Costco · Kirkland Signature · Brandless

In the moments

2 linked receipts
Number

The vending math: 33-cent Costco Cokes sold for $1

Quinn Miller's model is deliberately unsophisticated: he buys cans of Coke at Costco for 33 cents and sells them for a dollar out of machines placed across about 10 locations he cold-called into.

$33
Cost of a can of Coke from Costco (resold for $1) · USD cents
“So he buys a can of Coke from Costco for 33 cents, and he charges a dollar for it, right?”
EP 187 · 27:03 · SAM
Read at 27:03
mfmindex.com№ 0187-1623
Number

Costco's Kirkland brand sold $39 billion in 2018

Sam frames Brandless as a chance to become the trusted generic brand, citing that Costco's Kirkland Signature did roughly $39 billion in product sales in 2018.

$39000M
Annual Kirkland brand product sales · USD/year
“$39 billion. Kirkland brand sells $39 billion of products. 2018.”
EP 46 · 4:13 · SAM
Read at 4:13
mfmindex.com№ 0046-253