Shoppers make thousands from Asda glitch
Filed under: Shopping & Deals
Matt Crossick/PA Archive/Press Association Images
So what happened, and can you cash in?
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The glitch
The problem arose with the Asda Price Guarantee. The idea is that shortly after your shop you can enter the details from your receipt into the supermarket's website and it will compare the price of your shopping with a number of other supermarkets.If it is cheaper elsewhere you receive the difference, plus a bonus of 10% - up to the value of £40 on every visit to the supermarket.
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The problem for Asda was that the system started dramatically underestimating how much certain items cost elsewhere.
The glitch was demonstrated by The Grocer magazine, which ran a trial basket. The system should have calculated the cost at Asda at £15.30 and the cost at Waitrose at £30.87. However, it calculated the Waitrose cost at £8.57 - triggering a voucher for £17.59.
Exploiting
Users of the Moneysavingexpert website started sharing details of the products that were being underestimated (oddly this tended to mean buying one of a number of 'trigger products' alongside items that were on 3-for-2 offer elsewhere), so that shoppers could add them to their basket and increase their chances of earning a voucher.And although the amount of money each shopper could claim was limited to £100 a month, people were getting around it by using different computers and email addresses. One claimed to have made more than £8,000 in four weeks.
An Asda spokesperson told AOL: "A small glitch in the Asda Price Guarantee has meant that a very small number of our savviest customers have been able to beat the system and claim a few, larger than normal, money-off vouchers."
Can you cash in?
Before you hotfoot it down to Asda it's worth mentioning that the supermarket has cottoned on to the problem. The spokesperson said: "Saving customers money is in our DNA, but unfortunately this is a gift that can't keep on giving, and we have taken the decision to put a cap on the value of the voucher that can be generated in one transaction. This cap is set at £15 and was in place on Sunday."It's worth pointing out that this cap will only affect a tiny minority of customers, and aside from those trying to exploit the glitch, only about 0.24% of customers generate vouchers for more than this sum, so the vast majority of people won't be affected.
Save money on shopping
- 1) Know the price of everything you buy<p> </p> <p> This takes time, but once you know the cost of a phone call, putting the dryer on, or a bag of potatoes, it enables you to judge far better how much you can afford to consume.</p>

- 2) Shop around<p> </p> <p> Once you know the base price, you are in a position to keep your eyes open for a better offer. If you see a discount you can judge for yourself whether it actually constitutes a bargain. For bigger things like utilities it enables you to do a proper price comparison and see if you can cut your bills.</p>

- 3) Trade down<p> </p> <p> Don't just assume that the premium range is better, try the every-day brand, or even the basic version and see if you spot the difference. Likewise, consider trading down your supermarket from one of the big players to local markets or discounters like Aldi.</p>

- 4) Plan<p> </p> <p> If you plan what you buy to match what you actually cook and eat then not only will you be able to budget far more effectively, but you'll also waste much less and find your money goes further without you having to try.</p>

- 5) Think creatively<p> If you can't think of a way to get your meat for less, consider a vegetarian day once a week. If you can't find petrol any cheaper, then work on making your driving as efficient as possible. The more you can think of clever alternatives the less you will have to make painful cuts to make ends meet.</p>

Not the first
This isn't the first time a price matching deal has gone awry. Perhaps most famously, in April last year, Tesco was forced to ditch its promise to refund 'double the difference' if customers found deals cheaper elsewhere.After shoppers started sharing details of products that could trigger a refund, it capped refunds at £20, and then changed its deal to only refund the difference. A spokesperson blamed customers, saying: "Price Check has given our customers confidence in our prices and transparency. But some people have misused the scheme to cash in. So we have taken this step to protect Price Check for the majority of our customers."
Those pesky customers eh?
The difference for Asda is that in many cases it remained the cheapest despite the glitch. The change to the rule is to stop customers exploiting a technological glitch rather than a reaction to the fact that any other supermarket is cheaper.
The Price Guarantee remains in operation, and you can still get the difference refunded plus 10% if the products are cheaper elsewhere. So while you can't exploit the glitch, there's still a good argument that you can take advantage.
10 biggest companies in the world
- 1. Walmart<p> Wal-Mart Stores, or Walmart, is an American retailer that runs chains of discount department and warehouse stores around the world.</p> <p> The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and first traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas and has around 8,500 stores in 15 countries, under 55 different names.</p>

- 2. Royal Dutch Shell<p> Royal Dutch Shell, more commonly known as Shell, is a global oil and gas company headquartered in Holland, but with its registered office in London.</p> <p> With operations in more than 90 countries, it is active in every area of the oil and gas industry, including exploration and production, refining, petrochemicals, power generation and trading.</p>

- 3. ExxonMobil<p> Exxon Mobil Corporation, or ExxonMobil, is an American oil and gas corporation formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas.</p> <p> With 37 oil refineries in 21 countries, Exxon Mobil Corporation is the largest refiner in the world.</p>

- 4. BP<p> BP is yet another global oil and gas company, this time headquartered in London. It has operations in more than 80 countries, produces about 3.8 million barrels of oil per day and has 22,400 service stations worldwide.</p> <p> The name BP is derived from the initials of one of the company's former legal names, British Petroleum.</p>

- 5. Sinopec Group<p> Sinopec Group is one of the major petroleum companies in China, headquartered in Beijing.</p> <p> Its business includes oil and gas exploration as well as the production and sales of petrochemicals and chemical fibres.</p>

- 6. China National Petroleum<p> China National Petroleum Corporation is a state-owned fuel-producing corporation and the largest integrated oil and gas company in China. It has its headquarters in Beijing.</p> <p> CNPC - the parent company of PetroChina - was created in 17 September 1988 when the government decided to disband the Ministry of Petroleum and create a state owned company to handle all Petroleum activities in China.</p>

- 7. State Grid<p> State Grid Corporation of China is the largest electric power transmission and distribution company in China, once again headquartered in Beijing.</p> <p> It has subsidiaries in Northern China, Northeastern China, Eastern China, Middle China and Northwestern China.</p>

- 8. Toyota Motor<p> Toyota Motor Corporation, more commonly known simply as Toyota, is a multinational automaker headquartered in Toyota, Japan.</p> <p> The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries. Its brands include Toyota, Lexus and Daihatsu.</p>

- 9. Japan Post Holdings<p> Japan Post Holdings is a state-owned Japanese company that deals with mail delivery and financial services.</p> <p> It is headquartered in Tokyo and was founded on January 23, 2006.</p>

- 10. Chevron<p> Chevron Corporation is an American energy company headquartered in San Ramon, California.</p> <p> It is active in more than 180 countries and is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production, and power generation.</p>

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