There's a New Way to Take Advantage of Price Matching Promises

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Forrester Research predicts that only 5-10% of shoppers actually take advantage of price matching guarantees. Price Deputy aims to increase that rate by automatically comparing your purchases to those of other shoppers

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We have learned a lot about consumer behavior and price fluctuations...Now we are going to leverage that data to help people save money.

Price Deputy is a new service released by that determines whether or not you got the best deal on your recent purchase. The service helps shoppers save money by automatically comparing their purchase receipts to online prices and millions of other receipts in the Shoeboxed database to ensure they paid the lowest possible price.

Price Deputy allows users to forward their email receipts to pricedeputy(at)labs(dot)shoeboxed(dot)com and Shoeboxed will automatically check for lower prices at the time of purchase and notify shoppers if they should return the product and buy elsewhere. If no lower prices are found, the Price Deputy service examines the retailer’s price matching conditions and monitors shoppers’ purchases throughout the price match period.

The Price Deputy tool is free and is not restricted to current Shoeboxed users. Shoppers simply forward their e-receipts to pricedeputy(at)labs(dot)shoeboxed(dot)com, and Shoeboxed will monitor prices and alert users via email if prices drop on their purchases.

“We have learned a lot about consumer behavior and price fluctuations through the millions of receipts we have processed,” said Taylor Mingos, co-founder and CEO of Shoeboxed. “Now we are going to leverage that data to help people save money.”

Shoeboxed plans to extend Price Deputy to include monitoring for physical receipts submitted through their popular mail-in service in the coming weeks.

About Shoeboxed

Since 2007 Shoeboxed has been the preferred small business expense tracking solution for over 500,000 users worldwide. The pioneers of cloud-based receipt scanning, Shoeboxed saves people time, money and hassle by turning receipts into an organized, categorized, IRS-accepted archive of secure data.

Shoeboxed offers a fully functional free plan, as well as premium plans that include a prepaid mail-in service for physical receipts. Shoeboxed is based in Durham, North Carolina, and has growing offices in both San Francisco, California, and Sydney, Australia.

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Michael Hourigan
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