@rebatebox
What is a Rebate?
Let’s start with the rebate definition – a rebate is a partial return of funds back to a buyer once the purchase has been made. Rebates are often provided by service providers or manufacturers to boost sales and/or support improved customer loyalty and retention.
The biggest difference between rebates vs. discounts is that rebates happen after the sale has been made whereas discounts are lower prices offered at the point of sale. Since rebates occur after the sale has been made, they are a great way to continue customer engagement and interaction.
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