coupon binder, Laura Williams Musings: What is a Price Book?

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Thursday, January 23, 2014

What is a Price Book?



What is a Price Book?

Basically a book of items with their prices listed for the different stores in your area.

The advantages of a Price Book is knowing if the price of an item is the best price available to you in your area


Setting up a Price Book:


The way I started mine, I just use notebook paper and put it in a notebook.

I put the name of the product on the top of the page such at Sugar, etc.

Next, either write the name of the stores or makeup a code for each store in your area, I just use the names, that way my DH can use the book too.

Then write the price of the item at that particular store, the size, price per unit (lb, oz, etc.) Do this for each store and then each product.

File your papers alphabetically in the notebook.

Yes, you may have to do this by going to each of the stores, or use your old receipts.

Since the first price book I made, I went to a little pocket index card holder found at Freds, Walmart, etc. that is a little two ring book to hold the index cards.

With the age of technology at our fingertips, you can now have a price book available on your iphone, and more.   One such price book app is Shoppee.  


 (Note: I am not an affiliate of that app or it's provider, I just like the product.)


Using a Price Book:

Whenever you find an item that you think is a good price, compare that your price book and see if it "REALLY IS" a good price. If the price of the item is lower than what is in your book, then stock up until you can find that price again. Be sure to make a note of the price and the sale date, so you can track possible re-occurrences in sales on those particular items.

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