Thinking that you need such a policy to combat majors in your area?
Consider what price and price match policies you are thinking of matching?
A person goes to one of my clients, shows an advertisement and asks for a price match on a product. Looking at the advertisement, my client notices, it is in a different state. He then remarked how much is the delivery going to cost from Queensland?
Now should he price match?
After this came up for discussion, I decided to investigate these pricing guarantees. What I found was interesting. It is something that every business person needs to consider for their policy.
As a rule, they only apply:
* To products that their competitors have in stock today.
* To a specific region
* It often only applies to selected competitors.
Have a chew and let me know what you think your policy should be?