Online Rebate Management Programs
Before the internet, rebate programs used mail-in submissions to collect and process customer information.
Before the internet, rebate programs used mail-in submissions to collect and process customer information. A customer would purchase a product, fill out an included postcard or form by hand, send it in with proof of purchase and wait for their reward. Although plenty of manufacturers and retailers still run mail-in rebate programs, rebates with a new submission method have made incentive programs easier for customers and more lucrative for companies. That submission method is online rebates.
When you run an online rebate program, you’ll receive first-hand data from your customers and build loyalty by rewarding big purchases. Your customers can simply purchase your product and complete an online form to claim their rebates. Because online rebates allow for processing efficiency and convenient data collection, many companies are choosing to go digital.
If you want to make your incentive programs even more effective, you might offer online submission in addition to mail-in submission. Learn more about online rebate programs and see how working with a digital rebate company like Incentive Insights could help you make the most of your campaigns.
What Is an Online Rebate Program?
An online rebate program is a type of incentive that resonates with today’s market. Manufacturers and retailers use these rebates to incentivize purchases and collect valuable customer and sales data.
Unlike mail-in rebates, which require customers to submit a physical form, online rebates allow customers to claim their rebate easily by entering information through a convenient online portal, streamlining data processing and fulfillment. Once the customer has been approved by you or your digital rebate management company, they receive their reward through a method you determine.
Depending on the goals of your campaign, you might offer online rebates for consumers or channel sales partners. Offering digital rebates for consumers can create buzz around your product and provide the information you need to improve targeted marketing campaigns. On the other hand, offering rebates for sales partners can help you launch products successfully and meet demanding sales goals.
With a little creativity, you can also leverage an online submission system to manage other types of incentives beyond rebates, such as Sales Program Incentive Funds, or “Spiffs.”
Why Should You Work With a Virtual Rebate Management Company?
Although online rebates have lots of benefits to offer manufacturers and retailers, you might not see those benefits if you don’t have the internal bandwidth to handle processing and fulfillment independently. If you want to benefit from an incentive campaign but don’t want to overwhelm your staff with the details, a digital rebate management company like Incentive Insights can help. We manage your online rebate programs for you, so you can enjoy the boost in sales and use the data you collect without the hassle.
When you work with Incentive Insights, we’ll verify all the data you receive and ensure qualified participants receive their rebates in a timely manner. We can also create custom incentive management software, technology and portal solutions to meet your company’s unique needs. We allow you to customize every aspect of your campaign, so you’ll receive information that’s truly relevant to your sales and marketing processes.
Some other benefits of working with us include:
Our team of data specialists provides comprehensive and customized reports in language that’s easy to understand, so you can get the information you need to make more informed business decisions.
We take the time to listen carefully to your goals. This allows us to recommend solutions tailored to your unique business needs.
We’ve been in business for over 20 years, so we know what makes an incentive program successful, whether you’re interested in online rebates, mail-in rebates or a combination of the two.
Ready to Get Started With Incentive Insights?
A digital rebate submission method can help you get more out of your incentive campaigns. At Incentive Insights, we provide digital rebate management services to make your online rebate programs less stressful and more successful. To get started, fill out our online contact form, call 914-290-4234 or request your free offer setup today.
