Why do companies use rebates

Very often there are very tight guidelines to make sure the mail in rebate is postmarked by a certain date. This is especially true for rebates that are only for a few dollars. Your rebate may not actually be cash back, but store credit. This allows the company to gain even more business once you receive the card in the mail. They rely on your next visit to purchase even more than what the card is valued at.

These are starting to be more common in our current economy. Any way to bring in business is welcomed. Rebates often ask for many pieces to fulfill the rebate, which if not followed, could lead a denial of a rebate.

Did you include the UPC? How about the original receipt? What about making sure you purchased the product during the specified time? Most likely when sending out your rebate, you can become victim to your information being sold to third parties. Also, it allows them to gain insight on the purchaser for further marketing promotions and research. With too many people on it, you face significant labor cost overruns and lost productivity because those employees are no longer contributing as much to their original responsibilities.

That leaves just one question to ask yourself: are rebates right for you and your company? In the right hands, these programs can be a real game-changer for your company. Our advice? Do it, but also do your homework and take the time to get it just right! Incentive Insights takes time to understand your brand and customize your incentive programs to meet your business goals. With our assistance, you will gain many benefits such as flexibility over a cost-effective incentive program, program planning, and implementation, and finally, extensive data analysis and reporting.

If you are ready to take advantage of our services, give Incentive Insights a call to answer all your questions and establish the right program for your business. By Incentive Insights. What Are Rebates? Building Consumer Base Rebate programs are a great way to boost sales and build your brand. Sales and Information Client Support Useful Links. Our Newsletter. Subscribe to our newsletter to get the latest News and Offers. All Rights Reserved. Rebate marketing helps businesses increase conversion rates using rewards in place of discounts, motivating customers to buy while keeping market rate firm.

Rebates come after the sale — for the percentage of customers that follow through. Regardless of your product, service, market or industry, rebates can push more customers into engaging with your business. Top advantages include:. The best campaigns create high perceived value, keep profits high and result in positive customer experiences. To help boost your marketing campaign:. At Incentive Insights, we help businesses sell more, gain more exposure and build better customer relationships with tailored programs.

Deliver a rebate program in step with your company. We design customer portals with a range of customizable options, helping companies take full advantage of the range of benefits rebates offer.

See what we can do for you by getting a free offer setup or calling today. By Incentive Insights. In Rebate Marketing. The Benefits of Rebate Marketing Rebate marketing helps businesses increase conversion rates using rewards in place of discounts, motivating customers to buy while keeping market rate firm. The Advantages of Rebates Regardless of your product, service, market or industry, rebates can push more customers into engaging with your business.