Cingular+Rebates= Why Waste My TIme
Cingular offers "Mail-In Rebate Debit Cards" I RARELY see "Instant Rebates" for Cingular.
What is the point in this? Why do they not offer instant savings like most carriers?
I would appreciate some USEFUL insight into this...
Aleq said:Dammit! I posted my big explanation for nothing! Curses!
Oh, and the company already has the money, so they get 8-12 weeks of interest on it as well.
Aleq said:Even if you do send it in it's money in the company's pocket. They deposit the cash earmarked for rebates into a account that accrues interest. Multiply this times a kertrillion (it's a word...look it up) and coporate CEO's are eating flapjacks out by the pool and bedding hookers on our collective dime.
And because a sizable portion of people are too lazy, dumb, or unmotivated to actually send in mail in rebate forms, and every one that isn't sent in is money in the company's pocket.
muchdrama said:Aleq said:Even if you do send it in it's money in the company's pocket. They deposit the cash earmarked for rebates into a account that accrues interest. Multiply this times a kertrillion (it's a word...look it up) and coporate CEO's are eating flapjacks out by the pool and bedding hookers on our collective dime.
And because a sizable portion of people are too lazy, dumb, or unmotivated to actually send in mail in rebate forms, and every one that isn't sent in is money in the company's pocket.
Pardon me, but CEO's don't eat flapjacks and bed hookers, they eat crepes and associate with escorts. Get it right, puh-LEASE! 🙄
Aleq said:...muchdrama said:Aleq said:Even if you do send it in it's money in the company's pocket. They deposit the cash earmarked for rebates into a account that accrues interest. Multiply this times a kertrillion (it's a word...look it up) and coporate CEO's are eating flapjacks out by the pool and bedding hookers on our collective dime.
And because a sizable portion of people are too lazy, dumb, or unmotivated to actually send in mail in rebate forms, and every one that isn't sent in is money in the company's pocket.
Pardon me, but CEO's don't eat flapjacks and bed hookers, they eat crepes and associate with escorts. Get it right, puh-LEASE! 🙄< >
(continues)
muchdrama said:
Multiply this times a kertrillion (it's a word...look it up....
I'm a bit rusty on my absurdly-large-number math.
Kertrillion = zillion x bajillion, right?
Mail in rebates or time-deferred mail in rebates take advantage of the possible inability of the consumer to either:
A. Not send in the proper stuff the rebate processing center requires. ie-receipts, UPCs, etc
B. Not send in the info in the time alloted.
Bottom line: Marketing.
What happens when you make a sale? The money that is received goes into the compay's account. It doens't pay for the goods, they've already been purchased...that's just an accounting scheme to make the books follow the law.
When you send in the rebate, they always say "please allow 6-8 for delivery" on them. Why? So the company can have time to process it...since they are all processed by hand.
At least that's on the surface. What really is going on is this: it isn't logical for the company to pass out the rebate in 1 week (and it IS possible). They would much rather sit on that money for the interest. Now, granted, the interest for 1 month isn't much on a $20, $50, or even $100 rebate. ...
(continues)
Will
Iselltheshitoutofphones said:
Cingular does via Best Buy. Plus you get a better price on the phone than cingular.com or Cingular's telsales department.
Will
Were you also aware that those prices are based on activation of service, if not they charge in addition to the price a $150.00 surcharge.They sell those phones, based on commision, so if they make none, they make it off the $150.00 surcharge.