Innovation

Savings Catcher compares competitors' prices. You save.

By  Paul Hatch, Director, Brand Strategy, Walmart March 24, 2014

Price is one of the biggest factors in customers' shopping decisions. We're working hard to ensure we win their shopping trip with our every day low prices and aggressive ad match policy. Now, we're testing a new tool that takes all of this to the next level – Savings Catcher.

Savings Catcher uses a simple code on customers’ Walmart receipts to compare the items they purchased to those advertised in local competitors’ weekly print or digital ads.  If a leading competitor advertises a lower price than what a customer paid at our store, we’ll give them the difference on a Walmart eGift Card.  It’s that easy.  Check out the video above to see how it works.

We’ve been running the Savings Catcher test in several markets – Atlanta, Charlotte, Dallas, Huntsville, Lexington, Minneapolis and San Diego – for a few weeks and we’ve seen great excitement around the tool.  Anne Jurchak, a customer who participated in our pilot, even told the Associated Press “They're doing the work for me, the only thing they're not doing is putting the groceries away.” Anne has saved around $60 using Savings Catcher and bought a new cover for her tablet on Walmart.com “practically for free.” 

Technology is becoming such an important part of our customers’ shopping experiences – they’re checking prices online while they are in our stores. So, we’re meeting them where they are, making it easier and faster to get unbeatable prices on the items they want.  Savings Catcher is another reason customers can trust us – it shows they can find everyday low prices in our stores, we are always working to help them save money, and they don’t have to shop anywhere else.

Savings Catcher is exciting and it’s just one more example of how Walmart is positioned to serve our customers at the intersection of digital and physical.  This tool could lead to e-coupons and automated shopping lists – innovations that can make our customers’ lives easier. I can’t wait to be back on the blog to tell you about our next creation.

Read more from Paul Hatch

85 Comments

Lawrence NelsonMARCH 29, 2015 1:43 PM

There isn't a "other accounts" under the home screen

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Lawrence NelsonMARCH 29, 2015 1:41 PM

I can't find my card account anywhere and I have redeemed the savings to it

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Walmart Staff
Caitlin BrownMARCH 30, 2015 10:35 AM

Hi Lawrence. You should have received an email containing the details of your eGift card. It's possible this email was filtered in to your spam folder. If you did not receive an email or cannot find it, log in to your account at Savingscatcher.walmart.com and hover over My Reward Card at the top of your screen and then click Resend my eGift Card.

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Michael Davis Shoemaker JrMARCH 1, 2015 1:20 PM

If you pay attention to ad's it is not worth using savings catcher. It is better to go to the actual store the sale is at to purchase the item. The only reason we used it was for the bluebird double money. Now that the promo on double is gone there is no purpose.

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Michael Davis Shoemaker JrMARCH 1, 2015 1:18 PM

Savings catcher does not catch all prices. In fact they sometimes will match a price that is not the lowest found in adds. For instance a few weeks back I bought Ready Pac salads which where B1G1 at winn-dixie. It did not match the price. I then sent an email on the issue. I never recieved a response. I also had issues with 12 oz Kraft cheese being on sale at Winn-dixie for 1.89 on thier 3 day sale which the savings catcher did not find. I sent these in along with screen shots of the adds

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Our statement on Arkansas #HB1228 http://t.co/KFPd91ejdo

By Walmart Newsroom

5:26pm March 31, 2015

@bestsellershere Very sorry for the inconvenience. Can you please share what site you were on and what area wasn't working?

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12:16pm March 30, 2015

@3D_Moulding Thanks. Glad you enjoyed Cindi's presentation. We'll take a look at your blog!

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