What is a price book?by Jody Connolly (Benjaminna) | More from this Blogger 03 Sep 2006 09:56 AM A price book is a journal you create so you can keep an inventory of store sale prices. Keeping track of food and household items that are on sale can be very helpful to a smart and frugal shopper. Keeping track of store sales prices can help you in many different ways. For example: *Is it really a sale? Just because something is in the store's sales ad doesn't mean it's on sale. A lot of times a store will place a regular priced item in their flyer, with the hopes that you will think it's a sale and buy it. A price book will help you determine if an item is on sale, and how good of a sale it is. For example, if you see in your store's sales ad, a 24 pack of Pepsi on sale for $6.99, you can look in your price book and you might see that a 24 pack of Pepsi has been on sale in the past for $3.99. This is how your price book can help you decide if it is a good enough sale to stock up on, or wait until a better sale. *Is there a pattern? Some stores place certain items on sale regularly, or during certain times of the year. By keeping track of the store, item and date you are able to determine if there is a pattern of how often items go on sale. For example, if you look at your sales ad and see that sugar is on sale for $1.99 for 5 lbs., you can take a look in your price book and see when the last time sugar was on sale at that store, and for what price - it might have been six weeks ago. You now know that sugar may go on sale about every six weeks. This also helps you be prepared for a sale. If you know something is going to be on sale regularly at your store, you can then watch out for coupons for that item, and be ready when it comes on sale. That is, if it's at a good price. This also allows you to know how many you need to stock up on to last you until the next sale. Learn more about Jody Connolly (Benjaminna)  I am a married SAHM of five (and one cat)! My oldest daughter is 12, a diva ready to take over the world. Relevantdealsblog tags User Comments  Lisa P (24013) 13 Sep 2006 09:18 PMLOL! I started my own price book recently. Actually it includes the prices for my 4 local stores and pocket sheets to hold my coupons. I was at one of my local stores one day and saw a woman looking at a sale item and checking out a coupon she had. I couldn't resist. I had to tell her the same item was on sale at another store and her coupon would make it practically free. She smiled, said "thanks for the tip" and moved on to the other store :-) Discuss this article
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