Definition

A store policy where they match a lower price from a competitor, ensuring you get the best deal without extra shopping.

What to consider

  • Always compare prices before making a purchase.
  • Read the fine print to know what’s eligible.
  • Use it as a way to ensure you’re getting the best deal available.

Real world scenarios

  • Before buying electronics, Heather checks competitors’ ads. She then asks the store to match a lower price, saving her $50.
  • Miles keeps digital receipts on his phone, letting him quickly prove a competitor’s discount to trigger a price match at checkout.
  • Price matching helps Tessa shop at her favorite retailer without paying more than the best advertised deal elsewhere.

Related terms

Reviewing: Budgeting & Spending (43 of 49)
Topics
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Hey there! I’m Mia. Have questions about Price Matching?
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