Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Posting-Version: version B 2.10.2 9/18/84; site amdahl.UUCP Path: utzoo!watmath!clyde!bonnie!akgua!whuxlm!harpo!decvax!decwrl!sun!amdahl!canopus From: canopus@amdahl.UUCP (Alpha Carinae) Newsgroups: net.consumers,net.flame Subject: Re: Coupons and Rebates-- Flame Message-ID: <2006@amdahl.UUCP> Date: Wed, 11-Sep-85 10:25:16 EDT Article-I.D.: amdahl.2006 Posted: Wed Sep 11 10:25:16 1985 Date-Received: Fri, 13-Sep-85 03:59:55 EDT References: <243@mot.UUCP> Organization: RA: 6h 22m 30s; Dec: -52d 36m Lines: 29 Xref: watmath net.consumers:2961 net.flame:11906 References: <243@mot.UUCP> (Alan Filipski) > Can anyone explain to me the marketing purpose behind coupons and > rebates? (...) > How stupid and idle do they think people are? (...) It's simple, really. They know that approximately 70% of the people are too stupid and idle to bother to send in for the rebate, coupon, etc, so it's a way of making even more money. You see, if they just charged the lower price for the product, then everyone who bought it would "benefit". But by charging a higher price, and offering to give part of it back if you send something to them, they know that they will only have to pay off around 30% of the people who buy the product. A similar gimmick that relies on the stupidity and slothfulness of humankind is the one where they will send you the first book free of a series, then send you, at regular intervals, the remaining books in the series, accompanied with an invoice. Of course, if you don't want the book, just send it back! Likewise, they know that most people will keep the damn thing and pay for it, or if they do cancel, they are too lazy to return the book, so they pay for it and write "CANCEL" on the invoice. -- Frank Dibbell (408-746-6493) ...!{ihnp4,cbosgd,sun}!amdahl!canopus Amdahl Corporation, Sunnyvale CA [This is the obligatory disclaimer..] - - - - - - - - - - - - - - - - - - - - - - - "This is the biggest fool thing we have ever done. The bomb will never go off, and I speak as an expert in explosives." [Adm Bill Leahy to President Truman in 1945 about the Manhattan Project]