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Price Matching Your Way To Bigger Savings

Updated on March 20, 2011

With gas prices increasing, running all over town chasing the best deals is not an effective use of your time and money. Many times though, you don't have to shop at lots of different stores to get the lowest prices. Price matching has become more and more common and can save you lots of money. In fact, I just did it today at Wal-Mart. It took me about 30 seconds to have the cashier price match some toilet paper to the K-Mart price and saved me over $2. Here is how price matching typically works.

Target, Wal-Mart, Sears, Home Depot and many other stores all price match. This means that they will give you the sale price from other stores, rather than the price they have the item listed at. The item typically has to be listed in a sales circular that you must bring into the store to get the listed price. The item you purchase must be exactly the item on sale at another store. This is where it can get tricky because some stores, such as Wal-Mart, carry different sizes than are available at other stores. Read all the fine print in the ad and make sure the brand, type and size all match before heading to the register.

When you get to the register you need to show the cashier the item and sale price from the other store and she will have to ring in the items separately. Price matching is super easy at Sears. We price matched a washer and dryer there last year and the salesman got on his computer and checked the price at Lowes, Home Depot and Best Buy for us and ended up matching one of the other store's sale without us even asking.

Why would a store want to price match another store's sale? First, they would prefer you shop with them and if price matching gets you in the door then it works for them. Second, they figure people don't want to shop around very much. If another store has a great loss leader, they know many people will go there for the loss leader and then do the rest of their shopping there as well. So by offering price matching it will get you in their store instead. Third, not many people take advantage of price matching, so they likely won't be out very much money.

If you haven't tried price matching yet, give it a shot. It is a super easy way to save money on your grocery budget each week. Not only that, you won't have to run around town popping into many different stores in order to get the lowest price.

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    • Plarson profile image

      Plarson 

      7 years ago from Alabama

      Jen- I know I am a month or so late in reading this, but I am in need of putting this to good use and practice. Ty. -Paul

    • Hello, hello, profile image

      Hello, hello, 

      7 years ago from London, UK

      That is certainly a fantastic idea. Thank you.

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