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How Costco Became A Massive "Members Only" Retailer

3,772,164 views

CNBC

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English

Speech Time:

93%
  • 20:30 / 22:02

Speech Rate:

  • 170 wpm - Fast

Category:

  • News & Politics

Tags :

Intro:

Video Vocabulary

consumers

/kənˈso͞omər/

noun other

person who purchases goods and services. People who buy goods or services.

astonished

/əˈstänəSHt/

adjective verb

Being surprised or amazed. To cause someone to feel great wonder or surprise.

question

/ˈkwesCH(ə)n/

noun verb

What you ask about; issue. To have or express concerns or uncertainty.

customers

/ˈkəstəmər/

noun other

person who buys goods or services from shop or business. People who buy goods or services from a business.

generations

/ˌjenəˈrāSH(ə)n/

noun other

all people born and living at about same time. People born and living at about the same time.

applied

/əˈplīd/

adjective verb

put to practical use as opposed to being theoretical. To ask formally for (job, permission etc.).

retailer

/ˈrētālər/

noun

Merchant/store who sells goods at retail.

warehouse
noun verb

large building where raw materials or manufactured goods may be stored prior to their distribution for sale. store goods in warehouse.

secrets

/ˈsēkrit/

noun other

something that is kept or meant to be kept unknown or unseen by others. Information that others do not know.

gourmet

/ˌɡôrˈmā/

noun

connoisseur of good food.

spending

/spend/

verb

To use money to pay for something.

privilege

/ˈpriv(ə)lij/

noun verb

Advantage or right given to only certain people. grant privilege or privileges to.

developed

/dəˈveləpt/

adjective verb

advanced or elaborated to specified degree. To create or think of something.

clicking

/ˈklikiNG/

adjective verb

making short, sharp sound. To work well with someone or something.

because

/bēˈkəz/

conjunction

For a reason.

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