3 ms·
Because not only can advertise your price matching feature and get more customers, but you charge your normal prices to the 90% of people who don't bother to pr
by Nightshaxx 9y ago
Because not only can advertise your price matching feature and get more customers, but you charge your normal prices to the 90% of people who don't bother to price match.
Basically you can have your cake and eat it too. (To some extent)
- frgtpsswrdlame 9y agoDoesn't that seem like some form of tacit collusion though? In this case it seems the price match flips the competitive environment so that competitors raise prices instead of lowering them.