What is mail rebate
A mail rebate is a type of rebate that is offered by a company or organization, typically in the form of a check or prepaid card, that is sent to customers via mail. This type of rebate is often used as a marketing strategy to incentivize customers to purchase a product or service, or to promote a specific brand or product.
Here's how it typically works:
- A company offers a rebate on a specific product or service, usually with a specific promotion or offer.
- Customers purchase the product or service and submit a rebate claim, usually by mail or online.
- The company verifies the claim and sends a rebate check or prepaid card to the customer.
Mail rebates can be offered for a variety of reasons, such as:
- To promote a new product or service: Companies may offer rebates to encourage customers to try out a new product or service.
- To clear inventory: Companies may offer rebates to get rid of excess inventory or to make room for new products.
- To increase sales: Rebates can be used to incentivize customers to make a purchase, especially during slow sales periods.
- To build customer loyalty: Companies may offer rebates to reward loyal customers and encourage repeat business.
Some common types of mail rebates include:
- Cash rebates: A check or prepaid card sent to the customer with a specific amount of cash.
- Discount rebates: A discount on a future purchase or a specific product.
- Free product rebates: A free product or service offered as a reward for purchasing a specific product or service.
- Gift card rebates: A gift card with a specific amount of money that can be used at a specific store or online.
When submitting a mail rebate claim, customers typically need to provide proof of purchase, such as a receipt or packaging, and may need to fill out a rebate form. It's important to carefully read and follow the rebate terms and conditions to ensure that the claim is processed correctly and timely.