Many brick-and-mortar retail stores offer , allowing customers to bring in a competitor’s advertisement and receive the same price for the product. According to , 72% of shoppers comparison shop to find the lowest price.
Customers can benefit from price matching as a way to save money. Other stores, on the other hand, do not match prices because it is not always a simple or profitable method to generate money.
Amazon is one of the largest online retailers in the world, with . Though the e-commerce giant has not offered price matching since 2016, many people are still unsure if the company does price adjustment, a similar service.
So, does Amazon make price adjustments and price matching?
The short answer is that Amazon does not match or change prices. The store, on the other hand, keeps a close eye on its prices to ensure that they are as low as possible for customers.
Let’s take a look at why Amazon stopped price matching and how it handles pricing modifications.
Does Amazon Price Match?
No, Amazon does not match competitors’ prices. It’s not because Amazon wants to charge more than its competitors, but rather because it already delivers the greatest deals.
In the past, Amazon had a price adjustment program in place, which allowed customers to get a refund for the price difference. However, it was , and Amazon no longer offers price adjustments.
See our guide on Amazon shipping and delivery to a post office box.
Why Doesn’t Amazon Match Prices?
Amazon does not price match because the website is already one of the most discounted places to purchase items. Amazon offers discounts on a variety of items and also has Prime memberships, which include free two-day shipping and other benefits, like cloud storage, movie streaming, fast grocery delivery, Whole Foods cake, and food discounts, Amazon accepts SNAP EBT cards., upgraded shipping on discount shoes at Zappos, and On weekends, Amazon delivers late at night.
Additionally, Amazon the prices of competitor stores to ensure it has the lowest prices compared to places like Microcenter, Costco, eBay, GNC, Walmart, Target, Kohl’s, Michaels, West Marine, Menard’s, Newegg, Nordstrom, Nordstrom Rack, Office Depot, Staples, Ulta, Wayfair, Zulily, Woot, Lowe’s, Home Depot, and GameStop.
Even if the company does not formally price match, it is always a good idea to check Amazon first because it is almost always the best deal.
See our EBT SNAP cards are accepted at Whole Foods. guide.
Does Amazon Do Price Adjustments?
Unfortunately, Amazon does not have a specific policy or procedure for pricing adjustments. However, Amazon gives a 30-day return policy or change-of-mind window on most purchases, as well as coupons, discounts, rebates, and other methods to save, similar to price matching.
The Amazon 30-day is generous compared to most other stores. It can be used to get a better price on items after you’ve already purchased them. You can return your original item, assuming it falls within the 30-day return policy window, and buy the lower-priced item.
But, Amazon tracks your account activity and may refuse a refund if you appear to be abusing the Amazon return policy. If 10% or more of your items are refunded, it is usually considered abuse.
Hence, if you need a price modification, only use Amazon’s refund policy. Don’t take advantage of the policy by buying too much and returning it later to save a buck.
Does Amazon Have a 30-Day Price Guarantee?
Unfortunately, there is no 30-day price guarantee on Amazon. It used to provide similar plans, but they’ve all since expired.
The old Amazon guarantee policy allowed customers to return things within 30 days of purchase if the price dropped. It was later reduced to seven days before being halted.
The above-mentioned 30-day return policy is the closest thing to an Amazon price guarantee. Most items can be returned for a full refund if they are returned within 30 days of the purchase date.
Also, keep in mind the benefits of joining the Amazon Prime paid subscription service. It gives , including early access to some deals. You can also subscribe to receive sale emails, which can help spot Amazon price drops.
See our guide on How to return an Amazon gift without informing the sender.
How Does Amazon Pre-Order Price Guarantee Work?
Pre-ordered items that have not yet been released are covered by Amazon’s Pre-Order Price Guarantee policy. Pre-order items’ prices frequently alter before they go on sale. As a result, Amazon offers a pre-order price guarantee to protect buyers from being overcharged.
The pre-order price you’ll be charged the lowest price offered by Amazon when you place the order and when your order is shipped.
For example, if you pre-order a mattress for $1,000 and the price drops to $900, then $800, then goes back up to $900 before it’s shipped, you’ll be charged $800. If the mattress price goes up to $1,100 after being ordered but before it’s shipped, you will still be charged $800.
The policy does not apply to all items, so check the before you order.
See Walmart’s price rollback and return policy guide.
What are the Best Ways to Track Amazon History Price Drops?
Using a price tracking tool like CamelCamelCamel is the best way to keep track of Amazon price drops. You can use the web tools to keep track of an item’s pricing history and get notified when it falls below a certain dollar level.
Online price tracking tools let you know when to buy items without constantly watching them. It’s like having a personal mystery shopper since some items drop several dollars for just one day.
You may also sign up for Amazon email notifications to receive updates on on-sale items you’re interested in.
The following are some of the greatest online price tracking tools for Amazon:
Also, a fun thing to do with Google Sheets is to use to track your Amazon prices.
Amazon Price Match and Price Adjustment Summary
Amazon does not offer a 30-day price guarantee or a price adjustment program. Customers can, however, return most items for a full refund within 30 days of receiving them. Prime members can also get discounts, vouchers, refunds, and early access to promotions.
Using an online price tracking tool like CamelCamelCamel or Keepa is the best way to keep track of Amazon prices. The features allow you to track an item’s pricing history and will alert you when the price falls below a threshold you specify.
You can save money on price declines after your purchase if you use Amazon’s price tracking tools and the 30-day return policy, or change-of-mind window. If you are suspected of misusing Amazon’s seller refund policy, they may refuse your return.