Everybody knows Costco is a great place to shop. Stocking a great variety of foods and so many other items at incredible prices, Costco is a haven for people who love to shop big and save money while they’re at it.
But you know what? There’s even more that you can save when shopping at Costco and all you need to know is Costco’s pricing system.
The secret to saving big money at Costco are the price codes
Most people who shop at Costco on a regular basis are used to finding low-price merchandise all the time. But what many people don’t know is that this big box retailer carries a particular policy when it comes to pricing reduced items.
Costco’s specially priced merchandise includes certain price codes and these price codes tell which product is a markdown, which is a rebate, which is discontinued and so on.
Knowing these price codes is going to make shopping at Costco so much easier and more rewarding because you can save a lot of money with understanding Costco’s pricing system. For everyday offers check the Costco Ad monthly sales and coupons.
Notice that the majority of items at Costco have odd pricing ending in .99, .79, .00, and similar. Some endings are not significant while others you should definitely look for them in the store because these refer to special deals.
So remember to pay attention to the price tags and read on to discover the secret codes that are going to help you save big money when shopping at Costco.
Ending in 97ȼ are marked-down items.
These are usually found throughout the store for various types of merchandise including food, bedding, and electronics.
You can really win on food here because as you may know already, a lot of food is still good to consume years after the expiration date on the label and given that Costco sells food items about to expire at up to 80 percent off regular pricing, this means big savings.
However: Please note that mark downs aren’t always big discounts. There are cases when items are marked down only $1, so if you want to be sure you are purchasing a good deal, maybe check with staff the original price of the item.
Ending in 97ȼ are also vendor markdowns.
Vendor markdowns are when an item performs poorly, so the retailer (in this case, Costco) goes to the manufacturer to agree on an allowance that will allow them a price reduction.
The price tag for vendor markdowns lists either the .97ȼ ending or Manufacturers Instant Rebate.
Tip: If you shop at Costco all the time and you notice some items (excluding staples such as food) remain on the shelves for months with the same inventory, and it is something you wish to buy, take note of it because it will most likely be reduced.
Ending in 88ȼ or .00 are usually manager markdowns.
These manager markdowns may be returned items that are nevertheless good to sell, display merchandise or end of inventory products. They normally include the original or close-out price on the tag next to the new price and are put in a special area of the store where they don’t take up valuable real estate.
Some of these manager markdowns may only be worth to buy if it’s a good discount since many can be second quality merchandise or used items.
An asterisk * on the tag is for items Costco will no longer restock.
If an item has the asterisk in the upper right corner of the price tag, it means they won’t be restocking it anymore. It could also represent a marked down item but not always.
Looking for the asterisk will let you know about stocking up on discounted items if it’s something you want to purchase.
Ending in 99ȼ are mostly regularly priced items. Other items are marked 79ȼ, 49ȼ or 89ȼ, and these are more often than not insignificant. So the most important price ending to remember is 97ȼ that represents the mark downs and where the biggest savings are. Note that seasonal mark downs usually feature this ending also.
Tip: When you notice the inventory is getting lower on items you wish to buy during seasonal sale, but the price is still regular, what you can do is this: purchase items full price, and then when they get marked down go back to the store at the customer service area to ask for a refund on the difference.
Costco will give you the refund on account of the 30-day price adjustment policy that ensures all customers receive refund if a price drops after moment of purchase.