This post is based on one of the "blog inspiration emails" I've sent to family recently.
If you buy lots of things from Amazon.com, this can be pretty valuable information.
Not many people know this, but Amazon.com has a price drop policy. They don't exactly hide it, but they certainly don't advertise it. Basically, if they lower the price on something that you’ve purchased within the past 30 days, they’ll issue a credit to your account (although you have to catch the price drop and ask for it).
If you want to check if any of your recent purchases are eligible for a refund, just follow these simple steps:
1.) Visit your account and look at all of your invoices from the past thirty days.
2.) Click on the item names to pull up the current item description and price and compare to the price that you paid.
3.) If you paid more than the current price, copy down the order number and go to the Returns and Refunds Contact Form.
4.) Select “Refund Inquiry” as your subject, and check off the orders of interest. If you don’t see the order in question listed, enter the order number in the “Other” field.
5.) State in the comments that the price dropped, and that you want to be credited for the difference. It might help to mention the item name as well as old and new price, but I’m not sure that this is necessary.
That’s it. You do have to be semi-vigilant in checking for price drops, but it's not that big of a deal.
In the past month, I've gotten refunds on a DVD player that I purchased, and the Kill-A-Watt, since they dropped the prices on both items since I purchased them. I also got back money on a pair of 19" LCD monitors. Overall, I got almost $20 back so far.
Being a nerd pays off again.