Price matching is a policy implemented by vendors in order to encourage customers to buy products from their store. Essentially, if you find the exact same product at a lower price at a competitor location, the original vendor will match the lower price. Cool, right? The justification on the company’s side is that they may not be making the full profit on the item they sell, but it’s better than seeing your money go to a competitor. This in turn, works great for you! You’ll save cash, and save time because you’re not running around town to find the lowest price for all of your new clothes, gear and other fun stuff you’re buying. Some merchants will even match e-commerce sites like Amazon! Here are some great tactics to get the most bang for your buck while saving you time on shopping.
1) Find Out Who Price Matches
The first step is to find out which stores or vendors have a price matching policy. We’ve made it easy for you by pulling together some of the big stores that price match:
● Baby Depot
● Best Buy
● Bed, Bath and Beyond
● Home Depot
● Toys R’ Us
● Burlington Coat Factory
● Fred Meyer
● Hudson’s Bay (TheBay.com)
There are a lot more companies that price match, and you can easily find out each store’s policy on the web. You can always call and ask the store, as well.
2) Be Aware of Individual Store Policies
The next step is to figure out each store’s policy. Some stores won’t honor coupons such as “buy one get one free” or getting a certain percentage off an item. Essentially, there has to be a dollar amount on the coupon that can be directly matched. This can either be a discounted amount or simply a lower advertised amount. A good rule of thumb is if you don’t see a dollar amount on the coupon, it won’t help you in your price matching efforts. Always keep in mind that stores have their own policies and procedures. Some stores price match at checkout, others you will have to stop by Customer Service who will issue a refund. Be aware that some companies will only price match from certain competitors, and some even have restrictions on the distance the competitor can be from the store’s location.
3) Always Be Prepared
No one will price match without the evidence that a competitor is selling the exact same product at a lower price. Always keep your coupons handy. Some stores will price match a competitor’s coupon, meaning if you have a coupon for a product on sale at Target, Walmart will accept that coupon in an effort to match the price. It doesn’t just have to be an advertised price, it can be an advertised coupon. This can quickly add up in saving you time and money, as it eliminates the need and cost to travel to save money on a particular item. Some shops like Best Buy also match Amazon, and often times you can just pull up the site on your phone and show them the lower price.
4) Best Tactics
We know you’re busy, so it’s usually most efficient to pick a single location to price match. Choose the store that you go to the most often, and has the widest variety of products or groceries (Walmart is a perfect example!). Learn their price matching policies by reviewing their website, and then collect all the coupons you will be using in order to price match. During checkout either put all the items that you intend to price match at the beginning or end of your line, which will make it much easier for the cashier to process all of your discounts at once.
Price matching, especially with stores that accepts competitor’s coupons, is a quick and easy way to save time and money. Once you have all your competitor’s coupons or advertised prices, you can check the company’s website to see if they stock the same item. If they do, you just saved yourself money and an extra stop. Good luck and good savings!
– Team Official Coupon Code