The price match policy is one of the numerous benefits that retailers have begun to provide their customers. If you discover that two identical products are priced differently at other stores, you can take advantage of this policy and pay the lesser of the two prices. Moreover, companies must ensure that they do have loyal buyers who will not only buy their products but also promote them. Hobby Lobby, a retailer of art and craft supplies, is one of these businesses that has decided to implement a price match policy.
Hobby Lobby’s price match policy
Although Hobby Lobby had previously said that it had no plans to pursue a price match policy, in 2022, in light of the intense competition, Hobby Lobby has revised its previous decisions and would now price match products from specific retailers. According to its guideline, when considering a product for a price match, you must ensure that the item is not only similar but needs to be identical, thus it will not be accepted if the item is not the same. Hobby Lobby also can't consider items that are on sale, have a coupon or have a discount.
Which retailers will Hobby Lobby do price match?
Now that you know Hobby Lobby will be introducing a price match policy shortly, these are the retailers that will be included. Since both Walmart and Target offer numerous similar and identical products, Target is the first retailer on this list. Hobby Lobby, on the other hand, will only price match with Walmart in-store, not online. Moreover, Hobby Lobby does price match with Target because the two retailers sell a lot of similar items. Last but not least, Hobby Lobby will also price match with Michael's and Cricut.
Does Hobby Lobby offer price adjustments?
Another strategy used by businesses to gain customer support as well as their loyalty is price adjustment. If you buy something and it goes on sale or gets a discount during the following 14 days, you can request Hobby Lobby to refund the difference.
Conclusion
Hobby Lobby previously did not offer any price match policy, but in light of the increasing competition in the industry, it has chosen to implement one in 2022. While Hobby Lobby does not do a price match with major retailers like Amazon, it does do a price match with Walmart, Target, Michael's, and Cricut.
