Dec 05, 2005 -- 40 percent of people never file rebates
Youve probably seen the sales flyers that scream an ultra low price at you in huge print. It gets your attention, but you dont notice the tiny type beside the price that says, after rebate. People often see the price after rebate, but they dont always get around to doing the work to get that price. In the end, they end up paying more. Statistics show that with a $10 rebate, about 90 percent of people never file and get their money back. When its a $50 rebate, only about 35 percent never redeem it, according to Business Week. Yes, there are a lot of hoops to jump through when filing rebates, but sometimes you have to do a little work to get the reward. Some people do all the work but never cash the check. Why? The envelopes the checks come in are designed to look like junk mail, so people trash them. Its called slippage in the industry, and you need to be aware that its going on. Two companies have user friendly programs and Clark likes to give them credit. They are Costco and Staples, and Clark would like others to follow in their footsteps.
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