Monday 25 November 2013

Target is the Home For Holiday Sales With Its Amazing Price Matching Strategy

Target is the Home For Holiday Sales With Its Amazing Price Matching Strategy



Target Corporation, one of the leading retailers in the United States of America, has announced a bold program for its customers this month, and has promised to match the prices of other top online retail competitors such as Walmart and Amazon. This new policy that has been released by Target is similar to those that target has already implemented in the year 2012. Though this was once instituted as part of its holiday shopping season, the corporation is planning to continue this strategy all over the year. When eminent spokespersons from the company spoke on this merchandising operation from the target, he said that the company has received much positive feedback on its price match policy that has been seasoned for its holiday price match policy. The corporation has decided to get this initiative completely permanent.

Target has announced it online price match policy exactly at the holiday shopping season to impress and encourage a number of show room shoppers, who strictly abide to buy products only from stores though they could buy the same at a much lesser cost online. It could be possible that target would get its profit margins shrink owing to its price match policy, and amazon would be having problem in churning out profit, by maintaining slim margins and low prices.

If a large margin of target customers come with price match schemes, then it would be a real problem for Target but it still continues to hold on to the policy and is willing to tighten its margins only for the scope of retaining its customers, who would be lost to the retail machine online. Target coupons would still apply on to the price matched items and target coupon codes 30% off, in stream would apply to all of its products at store.

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