Rebate prepaid card programs are always a popular choice. Because they are both effective and popular, many industries try to set up these programs for their customer incentives. However, it can be a struggle for companies because they can easily make major errors that cause their card and reward programs to be inefficient and frustrating to customers. Take the example of a mail-in rebate of $40 on a $50 video game. Only $10 for the newest edition and you think to yourself, “I need that.” So you buy the game and mail in the rebate as quickly as you can. Months go by and you don’t receive your rebate check. You write letters and make calls, but no luck. There could be a thousand possible reasons the company didn’t send that check, but they’ve lost you as a customer. This is just one of many examples of a failed rebate program. To help you out, we’ve put together 7 of the most common reasons your rebate program can fail. There are many different strategies to begin a prepaid card rebate program. Is your system manual or automated? Is your only reason to use rebates for the breakage or slippage? Rebates […]
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Factors Of Profitable Rebate Programs
Rebates were once believed to be outdated marketing tactics, but technology and clever consumers, have kept rebates popular. Rebates are a fantastic way of drawing in customers and affords them with a helpful way to save money through future credits, digital rebates, and different types of savings incentives. The problem is, with the incorrect technology in place, rebate redemption is an elaborate process for your customers, and also for your employees. However, with the right implementation, technology, and support, rebates can be a tremendously advantageous marketing tactic. Here are some factors that contribute to profitable rebate programs. Rebate Management System TechnologyOnce, absolutely everyone had to use snail mail to redeem rebates, but that’s no longer the case. Now, thanks to rebate management system technology available through rebate promotion providers, rebate redemption can be completed online quite painlessly. Additionally, your company can leverage social media to have your clients share about your rebates on their various social networks! Experimenting with styles, unique techniques, and software program will assist your company in building a brand that no one can forget. Online Rebate ProcessingOnline redemption is known for being quicker and easier for your rebate program participants to access. Having your rebates and […]
