Pricematching? (Walmart vs. Target)

[DrPizza]

Target just announced that they will price-match their own online prices, as well as Wal-Mart's online price.

For years, WalMart has firmly refused to price match their own prices.

So, I wonder - if you can demonstrate that the price at Target is now the same as it is at the online Walmart, with the brick&mortar Walmart match the Target price?

http://www.washingtonpost.com/busin...fd4f30-5984-11e2-b8b2-0d18a64c8dfa_story.html

 

[s0me0nesmind1]

I hate the concept of pricematching to a certain extent. Why should I buy from you? Unless out of stock, they should be BEATING the competition - not matching.

 

[Chrono]

Wait... didn't they just announce that they'll pricematch amazon.com year round too?

 

[darkxshade]

Yea I read they are going to PM Amazon. I'm all for it.

 

[Aikouka]

I normally like to go around Target on Sundays and look for decent deals (typically in the electronics/media section). Although, I normally end up putting some things back simply because Amazon has them for cheaper, which I check using Amazon's app with the UPC scan feature. However, if I can get them for the same price, and then get another 5% off with my Red Card? BONUS! :awe:

 

[arkcom]

Walmart won't even match their own B&M stores. "We're not in competition with ourselves..." Umm, yeah, you are.

 

[Baked]

I go to Target to buy clearance item only now. It's killing my wallet.

 

[waggy]

I go to Target to buy clearance item only now. It's killing my wallet.

Oh yeah. Target has amazing clearance deals.

Best buy also refuses to match online. in fact nearly every store would refuse to. it's fucking nuts.

Also what's weird is Sams club won't match Walmart. ugh

 

[DrPizza]

Personally, I think this is a good move for Target.

People tend to not want to shop at 6 different stores. Armed with the knowledge that Target will price-match for particular items that you want to purchase, it will probably drive more people to target. More importantly though, are the demographics of those people: smarter people. And, there's a bit of a correlation between how smart people are & how much money they have. It turns into: "Hey Walmart, you can keep the people of Walmart. We're going to capture the trendy, wealthier market - the people with smartphone apps, etc."

 

[darkxshade]

Personally, I think this is a good move for Target.

People tend to not want to shop at 6 different stores. Armed with the knowledge that Target will price-match for particular items that you want to purchase, it will probably drive more people to target. More importantly though, are the demographics of those people: smarter people. And, there's a bit of a correlation between how smart people are & how much money they have. It turns into: "Hey Walmart, you can keep the people of Walmart. We're going to capture the trendy, wealthier market - the people with smartphone apps, etc."

So what you're saying is they know what their Target market is?

 

[Aharami]

So what you're saying is they know what their Target market is?

:thumbsup:

 

[RagingBITCH]

Personally, I think this is a good move for Target.

People tend to not want to shop at 6 different stores. Armed with the knowledge that Target will price-match for particular items that you want to purchase, it will probably drive more people to target. More importantly though, are the demographics of those people: smarter people. And, there's a bit of a correlation between how smart people are & how much money they have. It turns into: "Hey Walmart, you can keep the people of Walmart. We're going to capture the trendy, wealthier market - the people with smartphone apps, etc."

It's amazing the amount of consumer data that they have on you. Ever notice that if you use certain credit cards when checking out - their little coupon printer gives you a coupon of a previously purchased item? Target uses your credit card as their version of the supermarket "member" card.

Combined with companies that Target probably buys a list from on a semi yearly basis, they know your age, occupation, income, if you rent or own, etc. I think it's really no secret who Target goes after vs a Walmart, but Target tends to do a great job of manufacturing "I need this" in the minds of their consumers.

(We did the same thing at our last company for our P&G venture - sure we don't sell your information, but we sure as fuck buy information about you from everyone else so we can brainwash you into buying from us)

 

[KaOTiK]

Oh yeah. Target has amazing clearance deals.

Best buy also refuses to match online. in fact nearly every store would refuse to. it's fucking nuts.

Also what's weird is Sams club won't match Walmart. ugh

Best Buy has been for the last month at least price matching Amazon. I know because I made a few purchases from them that I would have made at Amazon instead.

I'm glad Target is extended it as well. I am willing to just have it PM'd in most cases instead of waiting.

 

[M0oG0oGaiPan]

The way they pricematch is kind of annoying though. At least from my experience. They have computers in-store but when i tried to pricematch an item on their website they had to use a store ipad to run a pricematching app. Then they have to scan in the upc to do the pm. Seemed efficient because the guy apparently never touched an ipad in his life and they've got to reenable the wifi every time for some reason.

It would be cool if you could pricematch directly on their website. Revzilla.com and evo.com let you do this. I'll take what I can get though.

 

[RossMAN]

(We did the same thing at our last company for our P&G venture - sure we don't sell your information, but we sure as fuck buy information about you from everyone else so we can brainwash you into buying from us)

http://www.nytimes.com/2012/02/19/magazine/shopping-habits.html?_r=5&pagewanted=all&

 

[Aikouka]

Seemed efficient because the guy apparently never touched an ipad in his life and they've got to reenable the wifi every time for some reason.

1) The iOS device could be told not to remember the SSID.
2) The access point may require the user to accept the ToS on each connect. An iOS device will naturally drop a WiFi connection when sleeping if it's not plugged in.
3) He's accessing a new access point. I'm assuming that there's more than one in the store since the stores are fairly large.

I told my phone not to remember the access point because it doesn't allow some traffic through. Unfortunately, I am stuck using it in most cases because Verizon's data barely works in the store (only in the front 20-30 feet of the store). Barely works in Walmart either.

 

[GagHalfrunt]

Oh yeah. Target has amazing clearance deals.

Not everywhere. Some stores/areas have killer deals and some you'll never find anything more than 10%.

 

[Doppel]

Target just announced that they will price-match their own online prices, as well as Wal-Mart's online price.

For years, WalMart has firmly refused to price match their own prices.

So, I wonder - if you can demonstrate that the price at Target is now the same as it is at the online Walmart, with the brick&mortar Walmart match the Target price?

http://www.washingtonpost.com/busin...fd4f30-5984-11e2-b8b2-0d18a64c8dfa_story.html

That would be a match stack! I bet it's not possible.

I hate the concept of pricematching to a certain extent. Why should I buy from you? Unless out of stock, they should be BEATING the competition - not matching.

Agree. Walmart can pound sand with its "price matching".

HOWEVER, in this case if Target is going to price match God's gift to consumerism, also known as Amazon with its lower online prices, now we are cooking with gas.

Walmart won't even match their own B&M stores. "We're not in competition with ourselves..." Umm, yeah, you are.

So much fail. Bestbuy will price match its online (and often it is cheaper than in-store) and so will Staples. I've done both to save shipping time. If they told me they wouldn't have I would have laughed in their face and left.

Best buy also refuses to match online. in fact nearly every store would refuse to. it's fucking nuts.

I'm positive I've done it once and I am 90% sure I've done it twice. Once was on camera gear a year or two back and--yes 100% sure I've done twice, the second time I got them to do it on an ipod, $300 in store and $295 on bestbuy.com.

Personally, I think this is a good move for Target.

People tend to not want to shop at 6 different stores. Armed with the knowledge that Target will price-match for particular items that you want to purchase, it will probably drive more people to target. More importantly though, are the demographics of those people: smarter people. And, there's a bit of a correlation between how smart people are & how much money they have. It turns into: "Hey Walmart, you can keep the people of Walmart. We're going to capture the trendy, wealthier market - the people with smartphone apps, etc."

For Target I don't know, it will crush into negative territory some margins, but for me it's great. I really will be at Target more because of this. It's always been a more upscale Walmart anyway; less riff-raff, more civilized people at Target than "the Walmart".