[BC] rebates ... was apple something

[DANA PUOPOLO]

Rebates are one place where Federal Govt. rules are needed.

If my mail was lost at the rate the average rebate house claims things don't
arrive, over HALF my mail would not arrive!!

-D



------ Original Message ------
Received: Wed, 16 Nov 2005 04:49:36 PM PST
From: Barry Mishkind <barry at oldradio.com>
To: Broadcast Radio Mailing List <broadcast at radiolists.net>
Subject: [BC] rebates ... was apple something

At 04:37 PM 11/16/05, davidgarland wrote
>I wonder if the FTC has ever done a study of rebate practices...

         The rebate problem has been researched,
         and sadly, many companies that offer them
         don't know there is a problem until you
         get to someone in authority at the company.

         The usual deal is that Company X hires
         Company Y to handle ALL their rebates
         on a product for $Z

         Company Y makes money by turning
         down the rebates, or failing to actually
         mail out. Knowing less than 20% actually
         even file in the first place, they use
         the actuarial tables to set their pricing.

         If Company Y gets more rebates than
         they planned, they can actually go
         "in the hole" and lose money on the
         contract.



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