Rebate (marketing)

A rebate is a type of sales promotion used by marketers, primarily as incentives or supplements to product sales. The most well-known type is the mail-in rebate, an offer in which the purchase of a product entitles the buyer to mail in a coupon or receipt and receive a check for a particular amount, depending on the particular product, time, and place of purchase.

Related Topics:
Sales promotion - Marketers

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Rebates are heavily used for advertised sales in retail stores in the United States, such as Best Buy and Staples. Computer components and electronics seem to have a large portion of rebate sales. For example, an item might be advertised as "$39 after rebate", but the item actually costs $79 and comes with a $40 rebate coupon.

Related Topics:
United States - Best Buy - Staples

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Although rebates are common the United States and Canada, many areas of the world do not use them.

Related Topics:
United States - Canada

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Rebates can be offered by the retailer or the manufacturer of the particular item. The turnaround time is generally four to eight weeks.

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