Retailers' love affair with mail-in rebates may be coming to an end. In response to customer complaints, Best Buy Co. Inc., the world's largest electronics retailer, promised Friday to eliminate mail-in rebates within two years. Best Buy's rivals, including Circuit City Stores and CompUSA, are expected to follow suit.
"Our customers are telling us they just hate the process," said Ron Boire, executive vice president and general merchandise manager at Best Buy. But it wasn't immediately clear Friday whether Best Buy would pass on the eliminated rebates in the form of lower prices, though several industry watchers said they expect the company to do so.
News source: startribune.com
"Our customers are telling us they just hate the process," said Ron Boire, executive vice president and general merchandise manager at Best Buy. But it wasn't immediately clear Friday whether Best Buy would pass on the eliminated rebates in the form of lower prices, though several industry watchers said they expect the company to do so.
"Computer users can stop phishers by not responding to an e-mail or pop-up that asks for personal information," said Lydia Parnes of the FTC's Bureau of Consumer Protection. "Just delete it."
"Phishing is more than a dirty trick played on unsuspecting consumers - it's a serious identity theft problem," said Grant. "In little over a year it's become one of the top scams reported to our National Fraud Information Center and Internet Fraud Watch program."
"The Internet has revolutionized the way we communicate, transact business and educate ourselves," said Aaron Kornblum, Internet Safety Enforcement attorney at Microsoft. "We must work together to stop these con artists from misusing the Internet as a tool for fraud. Microsoft provides consumers with the information and technology that will help protect all of us from this pervasive and destructive threat, and has filed legal action today against some of these individuals."
Kornblum announced that Microsoft is filing 117 lawsuits against alleged phishers as part of its commitment to protecting consumers against phishing and other cybercrime. The company is filing the lawsuits today in the U.S. District Court for the Western District of Washington in Seattle against John Doe defendants.
Through today's sweep of John Doe lawsuits, Microsoft's legal team hopes to establish connections between phishing scams worldwide and uncover the largest-volume operators.
Internet users should follow these simple steps to avoid phishing scams:
Be suspicious if someone contacts you unexpectedly and asks for your personal information. It's hard to tell whether something is legitimate by looking at an e-mail or a Web site, or talking to someone on the phone. But if you're contacted out of the blue and asked for your personal information, it's a warning sign that something is "phishy." Most legitimate companies and agencies don't operate that way.
Don't click on a link in an e-mail message that asks for your personal information. It may take you to a phony Web site that looks just like the Web site of the real company or government agency. Following the instructions, you enter your personal information on the Web site - and into the hands of identity thieves. To check whether the message is really from the company or agency, call it directly or go to the company's Web site. If you don't have the telephone number, get it from the phone book, the Internet or directory assistance. Use a search engine to find the official Web site.
If someone contacts you and says you've been a victim of fraud, verify the person's identity before you provide any personal information. Legitimate credit card issuers and other companies may contact you if there is an unusual pattern indicating that someone else might be using one of your accounts. But usually they only ask if you made particular transactions; they don't request your account number or other personal information. Law enforcement agencies might also contact you if you've been the victim of fraud. To be on the safe side, ask for the person's name, the name of the agency or company, the telephone number, and the address. Then get the main number (see tip above) and call to find out if the person is legitimate.

one time i bought lots of stuff and i had about 450$ worth of mail in rebate and after 6 months i got 75$ and after about 9months i had still less than 150$ from them
but i did send one about 8 months ago and i got it back in less than 2 months
I'm sure the manufacturers aren't too pleased by Best Buys decision. I really doubt that Best Buy will pass the savings onto the customers.
In my experience (which is rather rare, I avoid these things if at all possible), it takes way too long to get the money back from the company, and unless the rebate is a lot of money, it's rarely worth the hassle.
I'm pretty surprised that nobody tried this out. Well, not really, why would they want to make it easier for folks to get their money, when it pays for them to put barriers on it and rely on most folks not mailing them in.
Meanwhile I bought an Epson printer @ Costco and rec'd my Costco rebate 2 weeks later.
I hate rebates and yes they are a scam as people loose track of them, not only that 50% of people are too lazy to even bother and another 20% dont submit the receipts or UPC code properly to qualify.
As for me I do everything by the book, and photocopy the receipts and UPC codes, so eventually I get my rebates, but some of them after 3+months I call them and strange how I receive my rebate soon after I call.
I think this will be good move for Best Buy, Rebates should be outlawed.
http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2004/07/05/national1332EDT0564.DTL
Copy your link, click on the Url button, paste the link, click "OK", paste the link again (or type in a descriptive name), click OK again, and you're done:
http://www.sfgate.com/cgi-bin/article.cgi?...1332EDT0564.DTL
It ain't that difficult.
Pretty much. The customer a lot of the time is wrong. I work at a rather large retailer and have for around 5 years. Our store has some of the best customer service that I know of, for this type of store, and every employee knows the customer is usually wrong about most policies. The difference between my store and say everyone else is that we take this "wrong factor" into account and try to actually help the customer instead of taking money from them. After all, a happy customer is more likely to come back and spend more money ... plus it's actually nice to help people.
Yes I hate these damn Mail In rebates... I always forget to send them in and when reading this post, I just remembered I didn't send in my rebate for my DVD writer i got in november dammit.
And the only 1 time I actually remmebered to send one, they sent it back and said I didn't send the right UPC code... well there was only that one, and I sent that in.
On a side note, Don't ever get into that stupid "Reward Zone" crap either. Pretty pointless if you ask me. The details make it seem really cool because you get all these hundreds of points per purchase, but it takes a couple of thousand points to just get a measly $5 credit. I calculated it all out once and found that I was essentially saving 2.5% with the card, if I even keep up with it and actually use it (you don't get squat until you get at least 15,000 points).
Heh, if you buy a $3000 plasma screen you've just gotten back $100 of best buy gift certificates to spend.
It's not that bad.
Put it this way, it's 2.5% you weren't getting otherwise - what makes that bad?
i wouldnt mind doing it that way.
Name:
Address:
Phone Number:
(copy of reciept and UPC)
*so hard*
Sure it takes a while but its always like finding money in your pocket that you forgot about. Its great!
I think that if they eliminate this system, they really should some up with something comparable. I've saved lots of money and got a lot of free things with rebates!
Edit: Also, people like Circuit City already assist you with rebates. The receipts they print for you already have all of your information on it already (if you use a credit card and they have your info on file, I believe) and they print you out extra receipts do that you don't have to make any copies. Makes it really easy.
like cd-r's are a perfect example... say like best buy offers 100pack of cd-r's for like 10 dollars after mail in rebates, but up front u gotta spend like 30 dollars ... i would just say screw this and goto a place online and buy them for like 20 dollars (or cheaper) and aint gotta deal with the rebates... and im sure theres alot of people that feel just like me to
NO ONE LIKES REBATES
Also StarTribune lists no source. - short of some 'quotes' - It's not on our website, and none of the 'higher-ups' in my store have heard anything about this. I talked to our reginal manager today, and he said it'd never happen. The other sotres would eat us alive, and the OEM's would never go for it. Genrally speaking they let us know about this stuff. BestBuy is really open - too open if you ask me - with it's employies.
I'd take this with a grain of salt.
Here's our corpotate news page:
http://communications.bestbuy.com/pressroom/
There is also a BB press outlet, but I can't remember it's site. If I recall correctly, it's not on bestbuy.com. If it's not on the press site, this story is BS.
Let alone the fact that BestBuy rips people off as it is. They ripped me off this past Christmas from a gift card I should have received but didn't thanks to them.
And just recently they were all over the local news where I live, for ripping some guy off who purchased a TV from them, only to get it home and find the 30" TV he thought he bought, was replaced inside the box with a used 13". BestBuy refused to give his money back also, so the local TV station got involved, and even their corporate HQ's refused to help until the TV station contacted them. They are thieves in my eyes.
As far as rebates go, one of the main strategic reasons for offering rebates is to directly pass on the savings to the consumer. If you lower the price of your goods in the form of a sale at the wholesale level, the retail chains will try to stock up on your units, making you lose money on products that would otherwise be bought at higher wholesale prices.
The way rebates work is that the manufacturer can advertise their products and get increased volume, without losing revenue from retail stores. So if BB was to eliminate rebates, that would mean the manufacturer would have less incentives to pass ANY savings onto the retail stores or the end consumer.
Excellent...now i dont have to worry about Best Buy Black Friday rush anymore...
Are you sure this isnt a move to follow Staples?
Staples has online rebates...the process is DAMN easy. I hate paper rebates. I would figure all companies would move to that. Just enter in the UPC and the purchase number and boom...its done.
look like too much hassle
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