A Look at Incentive and Rebates Programs
There are almost unlimited forms of incentive and rebates programs. Some of the programs are instantaneous and others are ones which will take a period of time to complete. As a result, the benefits of each option need to be weighed carefully in order to come up with the right choice for the individual business and the individual consumer as well. What many businesses will do is offer both an instant savings and a mail in rebate. This ensures that the consumer will get one benefit, but not necessarily another. In many instances, consumers are looking for instant savings. These are more convenient and do not necessitate any work on the part of the consumer. On the other hand, programs that take time to process may not be acted on either initially or at all since they require work and time and the individual consumer may convince themselves that the investment was still worth it since they were able to get the instant savings.
Incentive and rebates programs that take place over time may not be as worthwhile for the consumer, but they work out better for the company in some instances. Since they are offering the program, they look like a considerate and beneficial company in which the consumer can get involved with in a business manner. However, if the individual consumer does not put in the necessary amount of work, they do not actually receive the reward, since there are stipulations in place as to what needs to be acted upon in order to get these rewards. This is better for the company since they do not lose as much money. Additionally, this works to illustrate again why instant and time sensitive rewards will be offered to consumers and why they are so successful and mutually beneficial for everyone that is involved in the process of consumerism.
Related Tags: sales incentives, customer loyalty, employee incentives
Mario Churchill is a freelance author and has written many articles on various subjects. For more information on sales incentives or employee incentives checkout his websites.Your Article Search Directory : Find in Articles
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