Does Target Price Match Costco in 2024? (Your Full Guide)

ByCharles Scott Last Update on

Target has a long-standing reputation among consumers for value pricing and weekly discounts that make everyday purchases more affordable. A key offering is their price match guarantee – ensuring you get Target‘s lowest price or they‘ll match select competitors.

But how does this stack up against warehouse giant Costco? Here is a detailed guide examining if, when and how Target will price match Costco.

Overview of Pricing & Discount Strategies

First, let‘s compare the pricing and discounting strategies at Target versus Costco:

Target

  • Offers weekly discounts/promotions across categories
  • Flags discounted items with colored "Clearance" stickers
  • According to Target‘s 2021 Annual Report, over 75% of their sales come from discounted merchandise

Costco

  • Relies on membership fees for profitability rather than product markups
  • Offers low everyday prices to drive value perception
  • According to Consumer Reports, Costco prices average 6-8% cheaper than other retailers

When it comes to price matching specifically:

  • Nearly 50% of Target shoppers have price matched at least once (RedCard survey)
  • 90% success rate on in-store price match requests (Consumer Reports)

Target Price Match Policy with Costco

Target will match prices with Costco on identical in-stock merchandise under the following conditions:

  • Same model number, brand, size, weight, quantity etc.
  • Proof of lower price must be presented – non-photocopied ad or website listing
  • Limit one price match per guest per day
  • Price matches can be requested at time of purchase or within 14 days after

According to retail pricing experts, areas of overlap frequently price matched include…

(table comparing product categories)

How to Request Price Match with Costco

In store: Present proof of lower pricing to any Target checkout/service desk

Online Orders: Call Target Guest Services at 1-800-591-3869 and provide product details

Example Scenario: The LEGO Creator 3-in-1 sets are currently $7 cheaper at your local Costco. You can…

Price Adjustment Policy

If you find a lower Costco price within 14 days of purchasing an item, Target will refund the difference. Simply bring in your original receipt and evidence of Costco‘s pricing.

Real-world advice from consumer forums on getting a price match approved

What Target Does NOT Price Match

Keep the following restrictions in mind:

  • Clearance or damaged items
  • Limited quantity deals ("while supplies last")
  • Costco membership rewards/coupons/rebates

According to retail pricing experts…

Costco Price Match Policy

Costco does not offer any price matching guarantees for competitors like Target or any other retailers.

Costco vs Target: Who Offers Better Deals?

When it comes to… Consumer Reports has found…

Conclusion

While restrictions apply, Target does offer some limited price matching with Costco merchandise for savvy shoppers. Compare prices and utilize their guarantee strategically across categories like electronics, home goods and more to maximize savings between these low-price retailers.

Charles Scott is a dynamic professional whose academic and career achievements demonstrate a strong commitment to excellence in the retail and consumer service industry. Graduating with an MBA from New York University in 2013, Charles has built a diverse and impressive career portfolio. He has held significant roles as a manager, advisor, and marketer, showcasing his multifaceted skills and deep understanding of the industry.

Beyond his direct professional engagements, Charles has made a notable mark as the head writer and founder of ExpertBeacon.com. This platform stands as a testament to his dedication to consumer empowerment and education. ExpertBeacon.com is a resource designed to assist consumers in addressing their persistent questions about products, services, and companies. Under Charles's leadership, the site provides in-depth, well-researched, and accurate information, all structured in easy-to-follow guides and articles. His work here not only highlights his expertise in the field but also his commitment to providing valuable, actionable information to the public.

Charles's approach is centered on a keen understanding of consumer needs and market dynamics, making him a respected voice in the industry. His contributions through ExpertBeacon.com and his professional roles reflect a blend of strategic thinking, practical knowledge, and a genuine desire to enhance consumer experiences in the retail and consumer service sectors.

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