There’s a shopping site called Cheapism.com and there, they recently took a look at a bunch of retailers and compiled a list of those who’ll price-match their online prices – not all will, I guess not surprisingly, presumably because the costs of running the online side of their business is less.
Here’s Cheapism.com’s methodology for their study:
[They] compiled the price-match policies of eight major retailers and visited store locations to see how well the front-line employees complied with the corporate policy. As part of their survey they also looked into which retailers price-matched their own sites.
Here’s a list of the stores who will price-match their own sites:
- Best Buy
And another two who may:
- Home Depot
And those whose policies say no, they won’t:
- J.C. Penney
And so Cheapism.com suggests a workaround:
If you’re shopping at one of these retailers and find a price differential with a shopping app, then you’re not completely out of luck. A few months ago, I found a slow cooker at Kmart for $35, but discovered with my smartphone app that it was available for just $18 on Kmart.com. Since I wasn’t sure if Kmart price-matched its own site (as it turns out, it does), I just ordered it with my phone and selected the free store-pickup option; I was able to get it an hour later.
And that’s exactly what Cheapism editor-in-chief Kara Reinhardt recommends people do if they find such a price differential in Walmart or J.C. Penney. Both stores allow you to order online and pick up at the store for free, though delivery may take a few days if the retailer is actually shipping the product from a warehouse instead of just taking it out of the stockroom. It’s up to you to decide whether waiting a few days and then driving back to the store is worth whatever you’re saving.
But not all stores offer this program…and those who do, may not make it so easy for you…
Also to consider, advises Cheapism.com are the following policies:
- You also need to consider how long after purchase you can bring the item back for a retroactive price adjustment;
- which items and competitors are excluded;
- what sort of proof of the competitor’s price you need to furnish;
- and how well the front-line employees comply with the corporate policy.
For way more info on this, check out the original article, with links at: Daily Finance.
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