Personal Finance Genius
  • Home
  • Personal Finance Tips
  • Contact

Wal-Mart is Giving Away Free Money. Here's How To Get Your Share.

9/19/2015

0 Comments

 
Picture
Wal-Mart is no stranger to crushing competition and offering some of the lowest prices in town. Now it can do both within the Wal-Mart mobile app, with a tool that’s giving customers money.

It’s called the “Savings Catcher” tool, and it’s becoming popular, fast. When it launched, Wal-Mart’s app went from 4 million to 14 million users. Today, Wal-Mart is one of the most successful retail apps, third behind only Amazon and eBay.

Here’s how it works: customers can use the Savings Catcher tool to scan their Wal-Mart receipts. The tool then compares prices they paid at Wal-Mart to advertised prices for the same items elsewhere. If Savings Catcher finds a lower advertised price, the customer gets the amount of the difference in a gift card. The gift card goes directly on the app and you can apply it towards your next Wal-Mart purchase.

This gives a huge psychological benefit to Wal-Mart, because the Savings Catcher can build trust and dependability like never seen before. Instead of checking other store’s prices, consumers will just go straight to Wal-Mart and scan their receipts, trusting the retail giant to always provide the lowest price.

However, it’s important to note that it’s the lowest “advertised” price. Another store could very well have a lower price, but just not advertise it. Wal-Mart can avoid this problem by getting their customers into the habit of ignoring other retailers.

Shoppers can also enter their receipt number into the Savings Catcher website through Wal-Mart.com. It does the same thing, scanning all the purchased items and comparing the prices to ads for other top retailers in the area.

Up to seven receipts can be scanned per week, and Wal-Mart execs state that about half of all receipts qualify for refunds.

Wal-Mart is saying: “Our prices are unbeatable. And we’ll prove it. If a local competitor has a lower advertised price, you can get an eGift card for the difference.” 

Related Posts Plugin for WordPress, Blogger...
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Archives

    August 2020
    January 2017
    November 2016
    October 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014

DISCLAIMER: Advice and information provided on this site is general advice only. Past performance is not indicative of future performance. Before making financial decisions, seek proper financial advice. By using this site, you agree that PersonalFinanceGenius.com shall not be liable for any loss or damage whatsoever out of or in connection with any use or reliance on the information or advice provided on this site. All users of this website accept and agree to comply with this disclaimer.  This site contains affiliate products and sponsored posts from which compensation is received. 
Privacy Policy
Sitemap

Copyright ©2020 Personal Finance Genius, All Rights Reserved

Photos used under Creative Commons from RL GNZLZ, danielmoyle, Maxim34374, C. Matges, Derek Bridges, FAS Fotos, Celestine Chua, Lion Multimedia Production U.S.A., mighty.travels, bobbi vie, Tom Hannigan, @CHURCH4U2, RLHyde, symphony of love, Sam Howzit, Wonder woman0731, Fisher Chia, Benoit cars, cafecredit, RL GNZLZ, torbakhopper, Elvert Barnes, BarnImages.com, Clint__Budd, GotCredit, apardavila, Barta IV, Falcon_33, 401(K) 2013, okchomeseller, moneypictures, Janitors, timsackton, superba_, Insulinde, marsupilami92, jonseidman, Dave Hamster, torbakhopper, Montgomery County Planning Commission, Tyler Merbler, Cassandra Kinaviaq Rae, Marco Raaphorst, Jason Cartwright, Elvert Barnes, Skin - ubx, Tobyotter, mikecogh, Max Denisevich, GotCredit, Davmi Pics, Senado Federal, DonkeyHotey, anotherlunch.com, investmentzen, michael_d_beckwith, OC Always, mrgarethm, Paul L Dineen, Janitors, torbakhopper, Dana Lookadoo - Yo! Yo! SEO, Lummi Photography, Daniel 5tocker, krossbow