Morrisons to Price Match The Discounters

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Morrisons to Price Match The Discounters

Morrisons to Price Match The Discounters
October 03
09:13 2014

In response to the continued growth of the discount chains Aldi and Lidl, UK supermarket group Morrisons is launching ‘Match & More’ its new price match and points card. Match & More is the first programme of its kind to provide a price match guarantee against Aldi and Lidl as well as Tesco, Sainsbury’s and Asda. If a comparable grocery shop is cheaper at any of these supermarkets, Match & More users will automatically get the difference back in points on their card. Shoppers will also be able to collect extra points on hundreds of featured products and fuel.

Dalton Philips, chief executive of Morrisons, says: “In May, we announced that we were lowering our prices permanently. Now we’re launching Match & More the most comprehensive price match and points scheme in the UK. Because it price matches the discounters, the Match & More card will provide the ultimate guarantee about Morrisons’ value-for-money.”

Using Match & More, customers earn points in the following ways:

* The Match – Morrisons’ technology does the hard work and automatically checks all the products in the shopper’s basket against a database of thousands of prices collected by independent pricing experts Profitero. Where there are comparable products, these are price matched against those from Aldi, Lidl, Tesco, Asda and Sainsbury’s. If the customer’s comparable shop would have been cheaper elsewhere, Morrisons will make up the difference in points on the ‘loyalty card’. For example, if Lidl is the cheapest and is 60 pence cheaper than Morrisons then 600 points are added to the customer’s Match & More account.

* And More – Shoppers will receive additional points on hundreds of featured products across Morrisons stores which will accumulate with each shop. They will also earn 10 points on every litre of fuel they buy from Morrisons petrol stations.

* When 5000 Match & More points are accumulated the customer receives a £5 voucher at the till.

Morrisons will use insight from the card to tailor offers to customers’ individual needs.

Dalton Philips continues: “For our customers, the Match & More card could not be simpler. We have learned from other price match programmes so our customers will not collect lots of small vouchers or have to redeem them through a website when they get home from their shop.”

To ensure that customers can trust the price match, comparable prices will be collected by independent research group Profitero. The Price Match will cover branded and own-brand products as well as items that are on promotion elsewhere.

Morrisons also has plans to enable customers to turn their points into vouchers for exciting leisure activities such as eating-out and travel.

The Morrisons ‘Match & More’ card will undergo a phased roll out across the country starting tomorrow and will be in stores in time for the Christmas season.

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