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A shopping rebate is sales promotion technique used by marketers to boost up their product sales. The shopping rebate varies from product to product, and depends on time, and often place of purchase. A rebate is also known as discount.
The mail-in rebate, the best known rebate is an offer that entitles a buyer of a product to mail in a coupon, or a receipt and barcode in order to get a rebate of a particular amount on the bought product. Originally, the mail-in rebate was manufactures’ technique to encourage sales, by refunding the announced rebate directly to the customers rather than the retailers keeping it.
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- mortgage rebates
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- tax rebates