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And the problem with this?…at Costco
I have a strong suspicion that there is some form of consignment involved. Costco is too good at their business to risk losses on what would in fact be a perishable item.I mean that's a pretty good sales tactic to be fair. Rutgers sells a certain allotment of tickets so they already get the tickets money. Costco would be a great place to pick up a bunch of tickets for a single game at a good price.
They get a large discount by buying in bulk. I used to work at Costco it's literally how all their buyers work. They use the name and the buying power to force companies to sell at very low costs so they can keep costs down for members. They have wording in their contracts where if things don't sell well the vendor is responsible to pay for Costco's losses on those items. But in this case, I'm thinking it works like a gift card where there's no loss on either's part.I have a strong suspicion that there is some form of consignment involved. Costco is too good at their business to risk losses on what would in fact be a perishable item.
How is this not a form of a consignment sale? What you are describing states that Costco will only incur costs if a sale is made.They have wording in their contracts where if things don't sell well the vendor is responsible to pay for Costco's losses on those items. But in this case, I'm thinking it works like a gift card where there's no loss on either's part.
Fine by me, but.................................I don't want UConn reporting paid attendance of 20,000, selling 15,000 tickets directly to the public and 5,000 to Costco, if Costco then only sells 1,000. That's 16,000 paid attendance in my book.They get a large discount by buying in bulk. I used to work at Costco it's literally how all their buyers work. They use the name and the buying power to force companies to sell at very low costs so they can keep costs down for members. They have wording in their contracts where if things don't sell well the vendor is responsible to pay for Costco's losses on those items. But in this case, I'm thinking it works like a gift card where there's no loss on either's part.
Fine by me, but.................................I don't want UConn reporting paid attendance of 20,000, selling 15,000 tickets directly to the public and 5,000 to Costco, if Costco then only sells 1,000. That's 16,000 paid attendance in my book.
Agree, UConn was becoming the rival Rutgers has not had since we stopped playing Princeton. It's too bad they don't play anymore.And the problem with this?
No attack @Huskygrad88 ..... I could care less if UConn was selling tickets at McDonald's, the Goodwill or Cumberland Farms if it put's fannies back in the seats.
As for those that poke at Rutgers, they are in a way better place than us right now. Again no attack at a fellow fan but have forever wanted home and home with them every year. It was developing into a good rivalry, close enough for fans of both schools to travel.
It's a gotta have a gimmick world and revenue is revenue and we ain't getting it.
Majority of the stuff sells in Costco. There's very few items that have ever invoked that part of the contract. Costco has a hugely lower customer base with thousands of warehouses not just nationally but across the globe. Getting your foot in the door with that clause is a risk a lot of companies would be willing to make just based on how many people that can get access to right off the bat. Costco plays the game well behind the scenes. It's why they are always so fiscally strong every year.How is this not a form of a consignment sale? What you are describing states that Costco will only incur costs if a sale is made.
It's a great way to get more people to game. The tickets are most likely cheaper than at the box off due to Costco buying in bulk. It's really a win win for both parties involved.Greetings all. I would like to see a series with UCONN renewed. Nothing wrong with selling tickets from Costco. I saw someone or 2 actually defend the idea. Shame you guys aren't in a p5. Would love yo see you guys rule the ACC.
I'm not questioning that but, you did not answer my question.Majority of the stuff sells in Costco. There's very few items that have ever invoked that part of the contract. Costco has a hugely lower customer base with thousands of warehouses not just nationally but across the globe. Getting your foot in the door with that clause is a risk a lot of companies would be willing to make just based on how many people that can get access to right off the bat. Costco plays the game well behind the scenes. It's why they are always so fiscally strong every year.
Majority of the time they either mark down the product and the vendor has make up the difference (which they cover with an insurance claim) or Costco returns the unsold product for a full refund. It's usually the latter as to not burn bridges.I'm not questioning that but, you did not answer my question.
Yes, but that is exactly what consignment means.Majority of the time they either mark down the product and the vendor has make up the difference (which they cover with an insurance claim) or Costco returns the unsold product for a full refund. It's usually the latter as to not burn bridges.
Lifelong NJ resident other than four years at UConn. Even have a grad degree from RU and was a football season ticket holder for a number of years. That's some perspective to show I'm not an RU hater. That said, your post is useless. Nothing wrong with people coming to another team's website. And it doesn't even have to be nice stuff. But you needed to post to say that UConn is a very good basketball school? We're not a football school?As a RU fan I'll respond here. Read Uconn threads on the RU board and you'll find the vast majority never want to play UConn again. I'm one of those by the way. I'm not sure why I feel this way but it partly has to do with the short history we had with you as opposed to SU, Pitt, WVU etc. You are not a football school but you are a very good bball school. That's where your admin needs to focus.
Rutgers Football had a 4 year stretch very recently where they did not even score in over 20% of their games. Awesome football school you got there.As a RU fan I'll respond here. Read Uconn threads on the RU board and you'll find the vast majority never want to play UConn again. I'm one of those by the way. I'm not sure why I feel this way but it partly has to do with the short history we had with you as opposed to SU, Pitt, WVU etc. You are not a football school but you are a very good bball school. That's where your admin needs to focus.
You're right in one sense on the overall record. I had only done a quick search and the first thing that popped up was that UConn leads 6-5. I see that is since UConn went FBS, which is a pretty good measure of how the schools would do if put in similar situations. University of Connecticut Athletics Football History vs Rutgers University. That being said, we aren't in the same situation financially and won't be in the foreseeable future."And while the history was short, UConn has a winning record vs. Rutgers."
RU vs UCONN since 1979: RU-7 wins, UConn 6 wins (Apparently both became major college football at the same time in 1979)
All-time record: RU 22 wins, UConn 11 wins
If we played you now who do you think would win? Quit making up stats.
@RU No attack just conversation. You say.......As a RU fan I'll respond here. Read Uconn threads on the RU board and you'll find the vast majority never want to play UConn again. I'm one of those by the way. I'm not sure why I feel this way but it partly has to do with the short history we had with you as opposed to SU, Pitt, WVU etc. You are not a football school but you are a very good bball school. That's where your admin needs to focus.