Ive always wondered about Mail In Rebates
HeroPsychoDreamer said:
I see alot of company's other than cell phone companys giving rebates, but mail in only. Whats the difference in giving it in store or at time of purchase opposed to mailing it in? Are they in hopes that people will not mail it in and make the money or something along those lines...?
That, and some ofthe rebates are offered by the manufacturer not the service provider
The other reason is based on a mathmatic formula that only 15% of people will complete the process for a mail in rebate.
The other reason is based on a mathmatic formula that only 15% of people will complete the process for a mail in rebate.
This is the main reason.
Some companies like Best Buy are planning on eliminating rebates. Whether the decision was internal or external is debatable.
Ohio state attorney in regards to Best Buy for failing to honor rebates, refunds, exchanges, and also alleging that theyโve been repackaging used electronics as new has this to say of Best Buy's business
a pattern of unfair and deceptive acts and practices
xoxo
Many of the reps there were similar to this, some knowledge but very poor sales skills. Without commission many of them had no incentive to perform better.
Chris - Lafayette, Indiana
Former Employee
Thing is, we WERE on comission. FOR OUR JOBS. If our performance waned on the sale of fluff items like $60 ink cartridges, $300 service plans, $35 USB cables etc. it would show up in "the numbers." Then we would have our supervisors and management breathing down our necks.
The funniest thing of all? Management gets BONUSES based upon these numbers. THATS JUST COMISSION FOR MANIPULATING YOUR SUBORDINATES INTO SELLING CRAP! So management gets rewarded for good performance, and people like me got a nice pat on the back for getting them more money.
Bonuses are not sales commission for hitting the numbers at Best Buy, as ...
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I used to work as a restaurant manager - and the managers for that company would get a bonus if they hit their 'target' numbers. I would strongly encourage my employees to stay on task so that we would indeed reach our target.
I wouldn't say that my employees were being paid on commission though! They didn't see a penny of that - they were paid hourly and made the same regardless of whether the managers got bonuses or not.
Commision -
a fee paid to an agent or employee for transacting a piece of business or performing a service; especially : a percentage of the money received from a total paid to the agent responsible for the business.
Bonus -
something in addition to what is expected or strictly due: as a : money or an equivalent given in addition to an employee's usual compensation.
If Best Buy were to actually pay "bonuses" by virtue of the definition, this would be regardless of whether or not "the numbers" were met.
In this case, Best Buy pays a "bonus" only when "the numbers" are met, which would fall under the definition of commission.
The ...
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The sales reps still do not get any additional compensation in addition to their hourly wages. They don't even get doggie biscuits, which could also be additional compensation, semantically speaking.