Refunds and rebates suffer the disadvantages of costs, paperwork, and diminished effectiveness.

Question

Quizplus · Accepted Answer

Refunds and rebates both involve costs associated with processing, administering, and fulfilling them. They also require paperwork and documentation from the consumer and the business, which can be time-consuming and burdensome. Additionally, these types of incentives have shown to be less effective at driving customer behavior than other types of promotions or offers.

Refunds and Rebates Suffer the Disadvantages of Costs, Paperwork, and Diminished