July 8, 2024
Property and Financial Crimes

How Is Trader Joe’s So Cheap and Popular? | WSJ The Economics Of



Trader Joe’s has been selling bananas for 19 cents each – for the past two decades. The grocery store offers remarkably fewer options for customers compared to other major supermarkets, and it’s consistently ranked highest for customer satisfaction.

WSJ’s Jaewon Kang breaks down why Trader Joe’s small selection of private label brands and trendy products, like orange chicken and everything but the bagel seasoning, keeps shoppers coming back for more.

0:00 How does Trader Joe’s continue to outperform other grocery store chains?
0:37 Why Trader Joe’s sells fewer but trendier products
2:32 How Trader Joe’s controls its own supply chain

The Economics Of
How do the world’s most successful companies generate revenue? In this explainer series, we’ll dive into the surprising stories behind how businesses work–exploring everything from Costco’s “treasure-hunt” model to the economics behind Amazon’s AWS.

#TraderJoes #Grocery #WSJ

source

31 Comments

  • @Papadinotx July 4, 2024

    A bunch of over friendly hippies working in there. Overpriced! Hate it!

  • @ruiqi22 July 4, 2024

    This is wild to me because I always felt that Trader Joe’s was more fancy and expensive 😨 Is it cheap…? Where are y’all shopping???

  • @mada881010789 July 4, 2024

    To me it’s simple , trader has products meet my requirements 😂

  • @Crane_001 July 4, 2024

    Trader Joe’s is not cheap

  • @TheJordanKidd14 July 4, 2024

    Here from YouTube 🙈

  • @StellaBella-mi8ni July 4, 2024

    Her valley accent is so painful to listen to

  • @debosmitanandi7732 July 4, 2024

    Could someone please explain me the economics in 3:14

  • Trader Joe’s So Cheap?

  • @manamanalove July 4, 2024

    Basically Aldi repackaged

  • @kensai7 July 4, 2024

    It's exactly the ALDI model from Germany. Pretty solid!

  • @mojojojo7923 July 4, 2024

    Because it’s imported from third world countries. This food is not local based and is not good for you. They have been caught selling organic products that were not organic. They imported many products from third world countries. You eat it! Good luck with the parking lot.

  • @PatHand-og9yd July 4, 2024

    Up here in Canada, all the supermarkets are cutting out brands and replacing them with the store’s private labels. Unfortunately, these generic products are significantly lower quality most of the time. I’d be happy if we had a Trader Joes here. Also, I really don’t like the head games supermarkets play, eg Buy one, get one for 50% off. I don’t like to spend so much time on mental arithmetic when shopping.

  • @katiesymons5815 July 4, 2024

    I bought a week of Real Food for $50.00.

  • @AlternityGM July 4, 2024

    Not everything at Trader Joe’s is good. I recently bought some Ezekiel whole grain bread from Trader Joe’s in Hoboken. The bread went moldy after just one week. It’s expensive bread so I will never buy that Ezekiel brand bread ever again

  • @valdezfam8694 July 4, 2024

    A very good friend of mine worked at Trader Joe’s for several years. When he and other coworkers became interested in unionizing, the company stabbed them in the back. I no longer shop at Trader Joe’s because of their position on unions. It’s unfortunate because I really enjoyed buying food there, enjoy and supporting businesses that support unions

  • @stonecheng5838 July 4, 2024

    cheap?😂

  • @2riel July 4, 2024

    The coal fry on the gir, being interviewed is killing me

  • @horstlohner2055 July 4, 2024

    Euro 1 USD 1.38 high and now 1Euro USD low 1.07

  • @ccmarie95 July 4, 2024

    I’m not a fan at all. My sister loves it. You either love or hate it. I used to like some of their frozen food options for lunches but in terms of going in to create meals nope absolutely not. Lots of processed foods too the majority of stuff in there!

  • @insertmoneyhere July 4, 2024

    it is because trader joes is not trader joes anymore.. it is ALDI

  • @PerlaOrtiz-lo1lk July 4, 2024

    Not the CAcIo E PEpe girl loll

  • @user-ru5im2zx7t July 4, 2024

    I like TJ. I always had good experience when shopping there

  • @johnmantis5959 July 4, 2024

    I love Trader Joe’s (Crazy Joe’s) as I call it. There’s some many things I love about their stores that have already been covered by other readers in this post. We have done price comparison with our local Public stores, and crazy Joe’s prices are not only lower but also the quality of products are better.😊😊😊

  • @Mfchannel1001 July 4, 2024

    RIP the 19cent banana

  • @asterixky July 4, 2024

    Funny, Dijon mustard doesn't come from France anymore. Even France imports mustard seeds from Canada. WSJ should have shown Canadian $ instead of Euros.

  • @mrk1163 July 4, 2024

    trader joe‘s ain't cheap

  • @Netryon July 4, 2024

    Is it better to buy a subscription or spend that time on other things just to pay for it? You think farms have all the food which combined government support can lower the price and it's that innovative business model thinking as you know there is a spring and there will be an autumn and the harvest for every truck driving above your 2:12 24'' computer monitor. Yes, because wandering ancient seasons change 3:32 for Kung Lao too, who a decade ago changed his religious believes and we knew everything about Talanji Loa, just because they do not pay for Maisto Bankas services and it's a charity.

  • @amaliacoria3063 July 4, 2024

    Cheap!!!! In no way are they a cheap store.

  • @sandboxie97 July 4, 2024

    TLDR: Trader Joes is ALDI

  • @danimagpantay July 4, 2024

    A banana costs 23 cents now. End of an era.

  • @shellyannstokes July 4, 2024

    I have such a love hate relationship with Trader Joe’s these days. Love their costumer service, and yes fun experience in simple smaller stores compared to overwhelming large chain supermarkets but I hate that I so often fall in love with many products and then the TRADER JOES ME as me and my friends call it. They get rid of all the stuff I love. 😣 😢 many of my friends have switched to Sprouts. Gosh I’ve been shopping at TJ for 20 yrs. wish they would not trade out so much. Or truly replace with something better. When I ask where did that amazing product go, I’m always told it’s the supplier. But now this video reviled the truth. It’s like dating and they play games with you. I hope TJ you read this. Maybe you don’t care.

Leave a Reply

Your email address will not be published. Required fields are marked *

X
Enable Notifications OK No thanks
Verified by MonsterInsights