LendEDU.com Shares Data on Which Store Has Better Prices: Amazon or Costco? 2 of 3!
LendEDU has released this very interesting data-driven study comparing prices of Costco versus Amazon. EXCEPTIONALLY timely, and I found that some of my “bargain shopping” habits were on the money, but.. I also found a few categories where I totally blew it. Wow!
This is a long infographic and I want to run the graphics in pieces as they review different purchases and products. So this is a multi-part study/post. The insights are amazing and there are balances to be adjusted depending if your goal is to save money – even if it requires more time and effort on your part or if you want some ease with finding – and getting- the product you want or need without having to run all over town.
This data and all the graphics and information is courtesy of LendEDU.com. This is not my doing- but I know solid and useful information when I see it. I want to express my gratitude to LendEDU for providing me with this opportunity to share it with you!
The next section(s of this study is talks about the widest differences in prices in various market segments. READ the details in the charts because that’s where you will find relevance in your own shopping. I certainly did!
Widest Price Difference Between Amazon & Costco Is With Food & Beverage Products
Both by average price difference and total price difference, the widest price discrepancy favoring Costco Wholesale came from food and beverage products. On average, food and beverage products from Amazon were 120.15 percent more expensive when compared to the same goods at Costco. The total price of all the food and beverage products from Amazon was 95.82 percent more expensive than at Costco.
Judging from these results, consumers would be best served purchasing their food and beverage items from Costco Wholesale instead of on Amazon.
I found this section to be incredibly interesting and definitely worth reading. You can find the entire report at this site here: https://lendedu.com/blog/costco-vs-amazon/
Thanks again to LendEDU.com for providing me access to this study and gratitude to them for allowing me to share it all with you!
This is the end of part 2. Part 3 (the final part) will be on MONDAY!!
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