What does “IRC” stand for in Costco transactions?

The term "IRC" in Costco transactions stands for "Instant Rebate Coupon." This refers to a type of coupon that provides immediate discounts at the point of sale, allowing members to save money directly when purchasing specific items. Unlike traditional coupons that require redemption at a later time, instant rebate coupons are deducted from the total purchase price at checkout, enhancing the shopping experience for Costco members by offering them immediate savings.

Understanding this term is essential for supervisors and staff, as it plays a significant role in promotional strategies and member satisfaction. Applying the knowledge of instant rebate coupons allows Costco employees to effectively communicate savings opportunities to customers and streamline the checkout process when these coupons are involved, ultimately reinforcing the Costco philosophy of providing exceptional value to its members.