A little detective work by the website HD Guru turned up three Best Buy stores whose rules on price-matching allegedly contradicted company policy.
The "HD Guru" visited three stores in the New York area and tried to purchase a Panasonic HDTV at the price listed by a "competing regional multi-store" electronics retailer. In all cases, the stores refused to honor the competitor’s $700 discount, saying that price was offered for three days only, and that Best Buy does not honor limited time offers.

In New York state, retailers are required to post their sales policies in the store, so HD Guru asked for proof at one of the locations. After confirming that Best Buy does not, in fact, exclude limited time offers from its price-matching policy, a salesman conferred with a manager who finally honored the discount. To add more pain to the ordeal, the employees added a $100 delivery and hook-up fee, even though Best Buy was offering free delivery for TV’s over $1,000 at the time. They claimed that free delivery was not valid with a price-match, which their policy also makes no mention of. A corporate customer service representative later said over the phone that the delivery fee should have been waived as well.
Speaking with an anonymous "Best Buy source," HD Guru said company managers are encouraging their sales staff not to honor price-matching in order to increase Best Buy’s profit margin. The company’s media relations department hasn’t responded to HD Guru’s request for comment. For good measure, we sent a request as well, and are waiting for a response.
Has anyone here been "murfed," as HD Guru describes the practice, out of a price-matching offer by Best Buy or any other retailer?
48 Comments
@shaolin007 Totally agree with you...I also, can write a book of my bad experiences with best buy as well.
Dr. Who - Costco is not quite the same as you pay a membership fee. I have not gotten anyone to match Costco.
Best Junk is more of a name I would call it. All they hire is morons who do not have a damn clue about anything!!!! You can get better customer service from The Real Canadian Superstore that is mainly a food store, all Big centers have an Electronics dept.
Thankfully, I have a HH Greg in town. They price match and do 10% beyond that. I bought a TV from there and Bestbuy was selling it for $100 less. Well, went to HH Greg and showed them the internet printout and whalah, pricematch!! Painless, quick, no moaning about this that and the other... Also, I would like to add, walking into HH Greg, the sales associates were very helpful and informative. They didn't hang their head down low just to avoid eye contact so they can act like they didn't see you so they wouldn't have to help you. Bestbuy gets my proverbial middle finger instead of a thumbs up or down. From this point on, I'm not defending BB, I'm just stating that they've done me right in the past.
At one point I returned a dvd burner that was 7 months old, but I did still have the reciept, and because I was very popular at that location, the assistant manager let me return it for a newer model of the same brand burner. This was in early 2005, I guess, since then, they've suddenly become jerks. http://www.cdfreaks.com/jochem/../im.../6/biggrin.gif
And recently, I was promised they would price match some Verbatim's when they arrived, 2 days after the sale, but gave me the wrong info, but the assistant manager (different location, different assistant manager), looked into it & decided to just give me the price match, even thou he didn't have to.
There's a few other good stories I have, but they're not as significant & they may make look like a BB sympathizer.
Also...@bill....ummm in my experience, BB has ALWAYS been horrible with customers. I've had bad experiences like 2-4 years ago...WAY Long before CC closed.
There are exceptions but I find we are way behind the US as far as the aspect of courteous polite service, specially in Quebec. Its like its not even taught during training.
Walk into a Target in the US an you are hounded, press one of those service buttons and they keep announcing over the PA that no one has served you yet, every 15 seconds, until someone runs over and serves you. THAT is service.
That my 2 cents
With the economy slowing down, companies are doing their best to stay profitable. Price-matching, returns, and exchanges are all calculated into the scheme of daily operation (somewhere along the lines of 1-8% of total gross sales). If stores are worried about commissions or profit sharing, the more products sold would help the company. Items just sitting in warehouses are depreciating daily, so the fast they are sold, the better for the company. Discounts from price-matching are usually taken care of by corporate, and shouldn't affect the individual stores total sales.
Aftermarket service and warranties are big business, but not worth it (unless it's for a car or similar high-priced product). If a product, if properly used, is going to break, it'll break within the first month to first year. That is why good high-end gaming pc manufacturers offer limited warranties to consumers for free. Most products will exceed the life of an extended warranty, which the money spent on the warranty could've been put into a money market to gain interest.
We all are doing our best to survive in the slump of the world economy. Just know that each person you encounter are doing the same, but to remind one another to keep a strong ethical approach. The ones who are at fault at Best Buy and Office Depot are doing things to survive, even though they know it's wrong. I'm sure that Best Buy and Office Depot will announce changes to business operations for the benefit of consumer relations. If they don't, they'll suffer the fate of Circuit City.
"The ones who are at fault at Best Buy and Office Depot are doing things to survive, even though they know it's wrong."
I look at it like this, you want to make a sell or not? If not price matching means the consumer going somewhere else to buy the product they want, then you don't make zilch. Better to price match and make something than opposed to make nothing, simple logic. And another thing, if you do make the sell, at least you are moving your inventory and it isn't sitting in your warehouse doing nothing for you.
Our store personally has no problem price matching LOCAL competitors. The way it is explained to us is that the competitor needs to be local, be the exact same model, and actually have the product in stock. There is no threat to us if Staples or whomever doesn't have the item, and there's no threat to us if they're an hour drive away. (Not saying that's the standard, I just threw out a number.)
Beatpoet, as to your stand on the protection plan I'll tell you straight out that the plans worth investing in are the ones on the iPod's, laptops, and the LCD TVs. These are the 3 main products which have the highest failure rates, and they are the least repairable. iPods have a speedy exchange program and constantly fail when you try to sync them or charge them. Electronics are like cars, the more wear and tear you put on them the more shit fails. If products all failed within the first year as you claim our GeekSquad wouldn't be as prosperous right now repairing people's 2-3 year old products. You can't find parts for laptops from newegg and other places very easily, and even if you do, the installation process almost requires the hand of a surgeon. If the backlit goes out on either a laptop or an LCD tv, it's a giant paper weight. Other than that, yes, I agree the service plans aren't really worth it.
Dr.Who I HIGHLY doubt that Costco had THE EXACT SAME tv for a 50% price difference. Yes, there are times where they have significant price discounts compared to us but 50% is obsurd. I'm calling shenanigans on that claim unless you can prove otherwise

You guys also need to understand that if we sell something below our cost we now lose money. Any manager would rather make 0 dollars, instead of -100 dollars. Half the time we can send it back to the manufacturer for a full reimburssment so the theory of "moving inventory" isn't always well justified. If you are buying services, protection plans, or a good amount of accessories the manager's are more willing to bend.
You need to read bud. I said "Make something" not "Make nothing". You can't tell me the prices of the tv's you sell are at such a tight profit margin that you can't price match a few hundred dollars. These tv's probably have 35% or more mark up on them and you guys are buying them in bulk. Also, returning to the manufacturer cost money. They might not charge a restocking fee but it does cost money to send the item back, ie transportation costs. So would you rather move your inventory or send it back, at your expense, for full reimbursement? Trust me, I am a ex parts manager for a company. I know about ordering and returning stock.
And about the 1 year thing, some people perform a "burn-in" on their electronics. This is equilivalent of 1 yr of operation in a few months of continous operation. Most failures will occur then.
The things I have bought from BB that have failed:
1 sony tv 4 months to failure. Picture tube blown.
1 24" LCD monitor Gateway 16 days to failure. DVI stopped working.
It is the only place where I have bought something that has failed within 1 year, in this case less than 6 months.
I'm also selective on what items I get at BB and what items I buy at other stores. For instance I go to HH Gregg for major appliances and TVs.
I too agree that quite a few of the customer service folks at BB don't know their A__ from a hole in the ground. Expecially the Geek Squad. They had his PC for nearly three months and it still wasn't right when he got it back. So I told him to ask for the manager and give him a choice to either fix his PC or give him a comparible new one. Funny, all of the sudden his PC was fixed properly.
As for price matching I have found Staples to be the best. When I upgraded to Vista Ultimate 64-bit I found where I could get it from Microsoft for $150 USD. I printed it off and took it to Staples and they matched the price. I have never had a problem with Staples on price matching or returns.
If BB isn't careful they are going to go the way of Circuit City.
Are you serious?
More like 5% markup with all the back-end crap.
Walmart,Cosco and many of the "discounters" are not discounting but having "special" models built for them. You are lucky if you get a power cord. No wonder everyone is going out of business. Expections of discounts is insane. It's all right I kid the distributors that I know they are the ones making the 30%. We all have a good laugh.

Trying selling computers some time. That is about a 1% margin. Oh I might make another 2% on the back end if I sell 10,000 of them.

In store the clerks ignored us which was OK because it was cheaper on-line from Best Buy. The local store was not honoring the website price but guess where the unit came from? I know different divisions for acounting.
"30% markup?
Are you serious?
More like 5% markup"
Yes, I am considering that the manufacturers suggested retail price is almost exactly the same as Bestbuy's. Do you think they only put a %5 profit margin in there for the reseller? You're kidding right? That wouldn't even pay for the employees, lights, water, ect.. If that was the case, why sale tv's?
I think it all depends significantly on the individual store's staff and mgmt., and how much pressure they're under from owners and upper mgmt.. http://www.cdfreaks.com/jochem/../im...es/4/angry.gif I know everyone lost out on that damaged AC except for me, but no one could've been nicer than the store people were.http://www.cdfreaks.com/jochem/../im...ies/7/clap.gif Of course, I was cheerful when I first walked into the store, and joked with the personnel right off, and was not stingy with my praise and thanks.http://www.cdfreaks.com/jochem/../im...ies/2/wink.gif Try selling yourself as a customer as soon as you get inside the doors, and you might find out why flies like honey http://www.cdfreaks.com/jochem/../im...s/6/flower.gif rather than vinegar... http://www.cdfreaks.com/jochem/../im...es/3/pukey.gif
Oh and did I mention extended warranties?
Back when they first came to Ohio, they were real good about price matching and customer service in general. Over the years, that's all gone to crap. Fortunately, HH Gregg is still in town (but don't use their delivery service - they require the drivers to open the box and inspect for damage before loading, they don't put it back in the box or even put any packing materials back on, and they're lucky to get 1 or two packing blankets per truck. I bought a $2000 fridge from there, they scratched and dented the first one up to the point where I wouldn't have paid $500 for it and seemed surprised when I wouldn't accept it. The crew that brought the replacement was much nicer and explained WHY there was no box or protection for it on the truck.)
My conclusion was to tell them that they are heading on the same road as Circuit City and then walked out.
If you can find the price for less, why not buy it there? Why go to a second retailer and ask for a price match?
I've used it on more than one occasion.
Granted, they have issues with retaining good personnel, but given the consumer demand for low prices they can't afford to pay people high salaries and still make a profit. I don't think that's significantly different than any retail location.
My most recent example of a price match was memory normally at $39.99 which was on sale for $9.99 at Microcenter. They matched the price +10% of the difference, and I got the memory for $6.99/ea. Unfortunately, they only had one stick and I needed 4, so they had the other 3 delivered to my home for free in 2 days.
I guess much of what you get depends upon how you ask. BB is great for some items, and really good if you need something quickly. One good move is to buy there, and then get online if it's much cheaper and just return when the online order arrives.
Just don't buy cables there. Talk about huge mark-ups!
"The Price Guarantee does not apply to our or our competitors' free offers, limited-quantity items, items for sale November 28th & 29th, 2008, open-box items, clearance items, Outlet Center items, mail-in offers, financing, bundle offers or pricing errors."
Since Costco is considered a outlet/warehouse merchant, they were well within their rights to decline the price match in this instance.
I'm never quite sure why people are so caught up in price matching. Just buy it at the cheaper store and reward them for their efforts to keep prices low. Unless you're the kind of person who just seeks out confrontation to play the "Gotcha" game, just save yourself time and buy it from the retailer with the consumer in mind....i.e. lower prices.
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