Are you looking for good electronics for your home, and you’re stuck on where to shop? Best buy is a multinational online retailer renowned for selling a range of electronic devices and accessories.
Apart from monitoring the retailer’s website or registering to stay afloat on the best deals, can you negotiate on this platform? Yes, you can bargain for a lower price at a Best Buy store in certain circumstances, whether in the actual store or online, via a Price Match Guarantee.
This specific write-down will highlight how you can negotiate prices in various ways to save some cash when trading on this platform. Let’s get started.
Can You Negotiate At Best Buy?
As a customer doing a transaction online, you wouldn’t like it if you got overcharged for a specific product. And as a result, most consumers take a lot of time negotiating prices, and where you get the best deals, you keep coming for more.
The boggling question is whether Best Buy does accept negotiation on its prices. Yes, Best Buy allows haggling its products’ prices based on actual and virtual buys through the Price Match Guarantee policy.
Under the policy, the store permits you to compare prices with its rivals in the market and lay a discount claim on new items only and not on clearance and open-box items.
Regardless of the policy barring you from negotiating open box items’ prices, you can chat with the sales agent for a price reduction without contradicting comparable prices at different stores.
The art of negotiating a price discount isn’t easy. Therefore in our next section, we will share how you can do so. Keep reading.
How to Negotiate Prices at Best Buy?
From time to time, you may find a product online that will interest you yet has a higher price. Or see a client pay for your favorite product in the retail Best Buy store at an unreasonable price. Both scenarios may want price negotiation. Here is how you go about it.
Make Use of the Price Match Policy
The policy allows you to equate the lower price of a regional opponent or leading online retailer. The stores have allowed you to match their price with that of their rival at the time of sale and request discounts if it is lower.
Also, the policy enables consumers to make a price comparison across Best Buy purchase outlets like online, in-store, and app buys and instantaneously request discounts.
Courtesy of the Price Match Guarantee Policy, you can now ask for discounts when exchanging or returning products if the store has lowered its price in online and physical stores.
Do an Online Research for the Product You Want To Buy
It is recommendable to research online for the lower prices of a similar product you anticipate buying from Best Buy. Fortunately, if you succeed, you can use the lower prices to negotiate for a reduction of cost than the first quoted and maybe even further less than their counterparts.
Look Out for Defaced Packaging
The deformation of a product’s package may be due to technical errors from the warehouse or human error in the shop. Mostly, they hide these items among the rest, unknown to customers.
Selecting a product with a deformed package places you in an excellent position to negotiate for a lower price because most customers will veer away from picking it, presuming the product inside is as messy as the package. Therefore, you can leverage this and negotiate for a lower price.
Best Buy also has a sales quota that they aim at the end of every month, just like the other establishments. Therefore when you visit, managers are willing to negotiate the product’s sale at a reduced price because of the end-month sales quota.
Focus on More Expensive Items
Due to a more noticeable profit margin, there are high chances of getting a higher discount with the pricier products than cheap ones. Hence, target the highly-priced products and negotiate a significant deal.
Is Negotiating Open Box Products Allowed at Best Buy?
Yes, it is possible to negotiate an open box product’s price despite the Price match policy at the store excludes them. It would be best to engage with a salesperson to lower the cost without comparing similar items’ prices at various stores.
How many discounts Can You Get At Best Buy?
We have tackled different ways you can bargain for discounts at Best Buy, but the question is how much of a discount they provide its consumers. Knowing that they offer discounts isn’t satisfactory if you don’t see the number of deals they provide.
The sum of customer discounts at the store depends on the Price Match Policy and your negotiating skills/abilities as a consumer. For instance, if you compare the prices, the total discounts will depend on how the other opponents have priced similar products.
You can regularly get a discount if you engage with the sales personnel and bid for a lower price. Depending on your negotiation abilities, you can purchase items more down than the quoted one/ selling price.
In addition, you can get more discounts by exploring bundles and package deals rather than purchasing single products on sale.
Best Buy employees can also access exclusive unique discounts, with the standard sum of their deal being +5%. That means if a product’s retail price is $ 100 and Best Buy bought it at $70, then the employees will acquire it at $ 73.50.
Remember that employees who qualify for the discount have worked for the store for over three months. In addition, some items on Best Buy, like Geek Squad services and Apple products, are restricted under employees’ discounts.
Tips to Save Cash at Best Buy
- Learn how to read the best price tags to establish the kind of deal you will get
- Know the products you can negotiate for a price decrease. Remember to apply hacks like listening to the salesperson. The pricier a product is, the better; bundle items and arrange and look for a deformed product.
- Open box items stand an excellent opportunity to negotiate.
- Check their online outlet- it is incredible because it is hidden. Thus, many consumers don’t know it exists.
- Particular timings, especially the end months, are great for negotiations.
Best Buy permits its consumers to negotiate product prices based on the price match guarantee policy. Ensure you adhere to the policy’s terms and conditions before asking for the discount. Otherwise, the platform has impressive deals and a wide range of products. Now that you have the information, you are ahead of the rest