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Subject: 
Re: New York Times on Walmart Pricing
Newsgroups: 
lugnet.market.theory
Date: 
Fri, 26 Dec 2003 07:26:17 GMT
Viewed: 
2373 times
  
In lugnet.market.theory, Larry Pieniazek wrote:

(but only if
everyone fills out the rebate... I guess you can argue that they make their
money on those people who don't, they cover everyone.)

I once (politely) complained to a Best Buy employee about their fondness for
rebates.  He agreed, and said that customers claim only about 40% of possible
rebates.  On one level that irks me, but in another sense I am glad to have that
60% subsidize lower prices for cheapskates such as myself who are willing to
jump through the extra hoops for the rebates.

On a somewhat-related topic, I read that US$4 billion goes unclaimed each year
in store gift cards and credit vouchers and reverts back to the vendors.  I
wonder how many rebate dollars go unclaimed each year?

Steve



Message is in Reply To:
  Re: New York Times on Walmart Pricing
 
(...) Snipped a lot of good info. Most of which I agree with. However I do NOT agree that there is no such thing as a loss leader. Case in point. I went to Best Buy on Black Friday. They were selling DVD players for 19 dollars after rebate. Many (...) (21 years ago, 25-Dec-03, to lugnet.market.theory, lugnet.mediawatch)

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