What's more fun than making stores battle for your business? Walmart learned the money making possibilities with price comparison and now Target has joined the ride.
Target now offers a Low Price Promise to customers. It states that "Target stores nationwide will match advertised prices from competitors on identical items in local markets".
Some areas have enjoyed the Low Price Promise since March of this year. If your area was not included, you will enjoy this perks of this option from here on out.
If its still a bit confusing, I will explain further. If you find a product or item at another store and its being offered at a price less than the price at Target, Target will match that price dollar for dollar. The only requirements are that the products match exactly. You must make sure the model number matches the product you are looking at in the competition's ad or store.
There is a long list of exemptions for the Low Price Promise. A few situations that are not valid for the Low Price Promise are:
- Target.com or online retail promotion
- Competitor’s Free Product
- Limited quantity items
- Open box or damaged
- Clearance or closeout
- Mail-in offers
- Services (warranties, assembly, etc.)
- Bundle offers
- Special order
- Sales-tax promotions
- Liquidation/going out of business
- Special financing
- Used or previously owned
- Display merchandise
- Pricing or typographical errors
- Club or loyalty