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Previous: Not So Hot Bargains by Janet Attard Did you buy a new computer or other electronics products for your office (or your home) at a retail store in the last 30 days? If you did, and the store has a price guarantee program, take a close look at the store's after-Christmas sales in your local newspaper. The product you bought before Christmas may be on sale now for less than you paid for it. If the store has a price guarantee program you may be entitled to a refund equal to the difference between what you paid and the current sale price. To get back the difference in price, you may not have to bring the item back to the store, either. At some stores – Best Buy is an example – all you have to do is show up with your receipt for the item you purchased from them and the flier showing the new, lower price. If your initial purchase was recent enough to fall under their price guarantee, you'll have the difference in price refunded to you. One caveat: if you have maxed out your credit card line of credit, depending on what you bought, you might have difficulty taking advantage of the price guarantee. I just got $50 back on a computer package (tower, monitor and printer) I bought for the office right before Christmas. But for some reason, Best Buy couldn't just credit my account with the $50. They had to give me a refund for the full price of the system I had bought, and then I had to "re-purchase" the system at the new, lower price. Since credit card refunds aren't instantaneous, this method of refunding the difference in price won't work if re-buying the system before the refund clears will put you over your credit limit. Comments In the US, there is a lot of competition among retailers, and there are a number of large companies that have hundreds of outlets throughout the country. They buy in large quantitites to get the lowest possible prices, and then sell at low prices and count on volume of sales for profits. They also attempt to bring in more revenue with each sale (at least with electronics and appliances) by trying to get consumers to buy service plans, which are basically insurance plans, for the products they purchase. |
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Disclaimer
The information compiled on this site is
Copyright 1999-2008 by Attard Communications, Inc. and by the individual authors. |
Is very interesting your idea, but in my country this isnt possible. Could you tell me how the market can do this, wich % of buyers do this?
Posted by: patrick allen on December 29, 2008 at 11:04 AM