Then when my ATM couldn't read the postcard check, I would have to use a teller or mail in the deposit, and my checking account would get charged $8.
(Yes, BofA sucks, and I have on my to-do list to transfer all of our accounts over to USAA or the credit union.)
Can we talk about the crazy couponing peop le? I don't have much to start a conversation about them
You mean how they raised over a billion dollars in VC financing between April 2010 and January 2011 and used precisely $146 million of that to finance the business, while simply pocketing the rest?
You mean the old biddies who use a lot of coupons? Essential for the economically essential process of price discovery or price discrimination or one of those.
DON'T WORRY, STANLEY! I'LL GET YOUR TWO DOLLARS! JUST LEAVE IT TO ME!
I've gotten rather fond of Pauly Shore, so it's become quite jarring to read his unaltered contributions.
3: Is there any justification for that? I'd have thought it beyond the pale, at least angering investors and at most a tort, but the article is unclear in tone and adds that they got that billion several months after doing the same thing.
It would be one thing if they were paying debts or maybe contractual obligations to executives, but the form it took seems to have been stock buybacks.
I made a poopstain!
You know, guys, there is nothing wrong with being a socially inadequate, pimpled, single, slightly seedy, bald, cauliflower-nosed young man! I'm perfect just the way God made me, goshdarnit! But I guess haters gonna hate.
Hey, you know what I hate? Scabies. Who's with me?
I wonder if the Powers That Be could add a "next" buttpn to the mobile front page. Some active threads are inaccessible to me now - the regular front page doesn't help as the Kindle doesn't allow for multiple browser windows.
To the OP, I assume that the number of schmucks is vastly outnumbered by the people who buy the product at whatever price and never get around to submitting the rebate, or who do it in some technically wrong way that doesn't qualify, or something else that causes them to not get it (I used to be ahead of this game, but I think I've been permanently set back by losing the UPC code necessary for a $200 TiVo rebate a few years ago).
This sort of consumer-behavior analysis sounds like something KR would know about. What's his bat-signal?
10: I'm laughably underqualified to make that happen. Sorry.
11: I was thinking of KR when I wrote this up. The number I have in my head for coupon/rebate response rate is 2%, but I'm not sure where I got that figure.
12.1: Would it be easier if you could make the button orange?
The number I have in my head for coupon/rebate response rate is 2%, but I'm not sure where I got that figure.
The term of art is "breakage" (which is actually the non-response rate rather than the response rate). Companies that use mail-in rebates do in fact count on high breakage rates, though 98%/2% sounds like a level that is only achieved with very low value promotions.
Many companies outsource the administration of rebate offers to third parties who profit from the breakage. These companies have devised every imaginable didn't-you-read-the-fine-print trick to avoid sending any checks to the consumer (What? I had to send the original receipt and the UPC symbol and the box top? And photocopies of the rebate claim form are not acceptable?)
Uh, 14 was me. Bat signal successful.
Another trick is making the rebate check look as much like junk mail as possible. However I have not had any problems obtaining the (few) rebates I have applied for.
I've never failed to redeem a rebate- I think one time they tried to claim I hadn't followed the rules and I made a stink and they gave me the money. Also, many can be done online now (especially Stap/les, notorious for low value rebates- save $1.50 on a ream of paper!) so it doesn't even cost the 44 cents.
On the other hand, I get these obvious scams all the time (you've won a free cruise for two!) and I'm curious how far they can go into the realm of false statements before someone busts them. Usually they have the caveats about watching a timeshare presentation or "you've won a 7 day cruise or a promotional prize to be determined" but I just got one that had no fine print and specifically said no purchase necessary and no other commitment required. I think I just put it out with the recycling though.