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OfficeMax Drops Mail-in Rebates
DrEldarion writes "Looks like OfficeMax is dropping mail-in rebates. 'Rebates were the #1 customer complaint we were getting,' said Ryan Vero, OfficeMax's chief merchandising officer. Hopefully other retailers will realize what a good idea this is and follow suit." The best part is that the discount is applied now at the register, so those of us who always thought that the rebates were a scam (or were too lazy to mail in the card) finally get some savings.
This might have been news, sort of, back on June 30... http://news.com.com/OfficeMax+bids+farewell+to+mai l-in+rebates/2100-1047_3-6090290.html
Better to
Ah, marketing at its finest. This isn't even really news. Most major retailers have been very quietly phasing out mail in rebates for months, if not years. It's in the freaking article, if you read it. People are saying " should do this too", and if you look, they probably already have.
As it says, Best Buy did this over a year ago, they just don't have all the manufacturers on board yet. If you look in their computer department, most laptops have discontinued mail in rebates, and are either instant or normal price. Circuit City has the same thing, in almost the same way. Many of their home office electronics manufacturers are instant-rebate only now.
If you read the article, it just states that "Beginning this Weekend" they'll start to phase the rebates out. It doesn't specify when they'll end, or exactly what will be phased out first. Best Buy made this exact same announcement in 2005.
Don't get me wrong, I'm all for it, but people should try actually reading what's posted now and then. Then again, this is Slashdot, so what am I thinking?
Part of the whole reason for rebates was that many people never sent them in (I've seen numbers in the 90's showing about 5% of people would send them in). This allowed retailers to put a really low price on the shelf, but in fact make far more money for the item. Disregarding the outright fraudulent rebate scams, this practice wasn't fraudulent but it was obvious that the retailers are simply hoping that few people will actually send the documentation in to get the rebate.
With rebates taken at the register, expect them to be far more in line with a standard sale discount.
Do you have ESP?
http://promomagazine.com/incentives/best-buy_04130 5/index.html (Karma whore link)
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What pisses me off is having to pay the full sales tax on the artificially inflated price, not the true (or "rebate") price.
"Look, its $200.00, but they have a $50.00 instant rebate, plus $100.00 mail-in rebate ... " but you're still taxed on $200.00, for what is in reality a $50.00 purchase.
Here's what really sucks aside from the hassle and deceptive pricing: If I buy something for my company with a rebate, I have to fill out an expense form and get reimbursed for the price AFTER the rebate because the rebate check will come to me. So the rebate money comes out of MY pocket until the I get the rebate check. And if something screws up with the rebate, I'm screwed.
I usually go to Comp USA for computer stuff for our office, but I will definitely be heading to Office Max whenever possible from now on.
-paul