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eBay seeks to remain competitive with new price-match guarantee

RBR Staff Writer Published 22 June 2017

E-commerce giant eBay has introduced a price match guarantee scheme in the US on more than 50,000 deals in its inventory to compete with its rivals Amazon, BestBuy, Walmart and others.

The E-commerce giant through the new program says that it can guarantee the price of an eligible deal to be the best on the internet, or it would price it to be the same as what is being offered by a rival e-retailer.

Stressing further, the company said that if a consumer finds lesser price offered at another e-commerce site, then eBay would give a coupon which will be equivalent to the price difference. The coupon can be later utilized for the purchase of the item.

eBay North America senior vice president Hal Lawton said: “Shoppers can shop with confidence knowing that they’re getting the best value available on eBay.

“Our eBay Deals selection has grown exponentially since being launched in 2011. The vast majority of our deals are already lower priced or equal to our competitors, but if a shopper finds it for less, we’ll gladly match the price of our competitors.”

According to eBay, the deals are open to everyone. They will also be eligible for ship for free every day with no membership required.

The eligible deals would also have hot selling inventory from across all categories of eBay like consumer electronics, fashion, and home & garden which it says are usually associated with 20% and 90% discounts.

In late March, eBay announced its plans to launch a new guaranteed delivery scheme for its US shoppers in summer. The program will ensure that ordered items on its platform will reach customers within three days with additional options for users to order items that can be shipped in a day or two.

Image: eBay campus in San Jose, California. Photo: courtesy of eBay Inc.