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Michael W., Scottsdale, AZ

Try one of our new Construction Bargain Strategies for free. Coupon code: CBS. One strategy could save you $1,000 or $10,000 or maybe $50,000 when you build or remodel.


    5-11. Price match plus ten percent - Electronic Edition

    5-11. Price match plus ten percent - Electronic Edition
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     A very popular promotional policy among home centers and lumberyards is to beat the competition by 10% on an exact item match. Note that this is a safe practice because unless a competitor decides to sacrifice margins, no store in the area needs to get aggressive. They just respond to the occasional foray into price breaks elsewhere. This puts the burden on you to find true good prices.

     To take advantage of this policy, save your ad circulars for home center stores in your region. We have three large home center stores in our area that take ten percent off a competitor’s price. When you find a 25% discount on something you need and add ten percent to that savings, it can be significant. For this purpose we saved all the ad circulars in a file basket for a year. When we had a major purchase to make from one of them, we reviewed the ads for all of them. On presenting the ad at the cash register we got the discount. It didn’t matter that the ads were sometimes months old. They were almost always accepted.

     O-B Angela D. says: “We know somebody who bought all his materials from Home Depot. He got bids from other places, and Depot matched them all and took an extra 10% off. He also set up with them as a subcontractor because of his trade, and got a pro discount of 10% more.”

     Jeff R. did it: “On my vacation house, I called all the lumber dealers in several states, and got a list of materials, and starred the lowest price on any given item; then Home Depot was happy to beat that number by 10%.”

     We did something similar for our neighbor, Larry O. when his water heater went out. We suggested a tankless heater for a replacement, and showed him the units on the Web. We did a price search with Google Product Search for the unit he chose. We saw a nicely discounted price with one online vendor and printed the page out for Larry, who is not a computer person. He took it to the home center store where they had the model for $100 more and showed the copy to the salesman who promptly matched it.

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