Expanded Price Match Makes Best Buy Easy Choice for Customers

Tue Dec 11, 2012 8:00am EST

* Reuters is not responsible for the content in this press release.

New Low-Price Guarantee for products purchased on BestBuy.Com

MINNEAPOLIS - December 10, 2012 - With just two weeks left in the holiday shopping season, Best Buy, the global leader in consumer electronics, today announced it is extending, for the first time ever, its in-store holiday price matching program to BestBuy.com, the 11th most trafficked e-commerce retail site in the United States. BestBuy.com, rated the No. 3 most trafficked retail website this past Cyber Monday[1], already offers one of the largest product selections online. With this new Low Price Guarantee, Best Buy customers can feel confident they are getting the lowest price possible, anywhere online or in store.

The new pricing promotion includes matching against select online competitors' prices now through the holiday season - consistent with the online price match now available in Best Buy stores. Qualifying online retailers include Amazon.com, Walmart.com and Target.com.

"Our promise to the customer is simple yet powerful. We will give them the best value they can find anywhere - through price, service and selection - on the most popular holiday gifts," said Scott Durchslag, President of BestBuy.com. "With the expanded price match, we're giving customers every reason to choose Best Buy. In addition to the price match if you shop us online, we'll ship your item anywhere in the US free of charge or we will send to your local store if you prefer to pick your item up," Durchslag added.  

With the expanded Low Price Guarantee[2], customers can receive a price match on a product by calling 1-888-BEST BUY (1-888-237-8289) and speaking to one of our customer service agents or by visiting one of our stores. On qualifying products, Best Buy associates will quickly verify the information to complete the price match.

Best Buy garnered a number of third party accolades already this holiday season based on traffic patterns and customer preference including the leader in mobile apps[3]; largest Black Friday crowds[4]; most desired online promotions[5]; and top ranked ads[6]. Today's announcement cements Best Buy as the clear choice for holiday shopping this year. 



[1]Experian data ranked Best Buy as the No. 3 retail website on Cyber Monday with 9.3 million visits. ComScore indicated Best Buy was in the top three most trafficked websites for the Thanksgiving holiday and Black Friday.

[2] See BestBuy.com/PriceMatch for full details.

[3] TechCrunch reported the Best Buy mobile app saw the biggest overall one-day gain on Black Friday, jumping more than five times over Thanksgiving night and throughout Black Friday.

[4] According to Business Insider, Best Buy stores attracted the largest crowds over Black Friday weekend.

[5] GreatDeals.com claims the Best Buy free shipping coupon codes are the most popular and during Cyber Monday the Best Buy coupon codes section of the website had nearly twice as many page views as the next closest retailer.

[6] . AdWeek ranked the Best Buy ad What Will Your Gift Do in the top 10 for Holiday Week 2012.

CONTACT:
Best Buy
Erin Bix
612-291-7965
erin.bix@bestbuy.com





This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Best Buy PR via Thomson Reuters ONE

HUG#1663885