Retailers and department stores have recognized for years that, with commoditized products, a certain level of price matching is necessary. Ads touting 30-day price assurances, “meet or beat” promotions, and “guaranteed lowest prices” are certainly nothing new, and they won’t be going away anytime soon as, or many retailers, ignoring price matching would be tantamount to inviting failure.
Retailers and department stores have recognized for years that, with commoditized products, a certain level of price matching is necessary. Ads touting 30-day price assurances, “meet or beat” promotions, and “guaranteed lowest prices” are certainly nothing new, and they won’t be going away anytime soon as, or many retailers, ignoring price matching would be tantamount to inviting failure.