Asked by Keiona Wedderburn on May 22, 2024

verifed

Verified

Rebates work most effectively when offered in conjunction with a high-involvement purchase in which the perceived value of the rebate is magnified.

High-involvement Purchase

A buying decision that carries a higher risk to the buyer and involves complex processes of information gathering and evaluation.

Rebates

Sales promotions that allow consumers to recoup a specified amount of money after making a single purchase; most rebates require consumers to mail their receipt and proof of purchase to manufacturers.

  • Recognize the role of sales promotion in the marketing mix.
verifed

Verified Answer

JF
Jeremy FisherMay 24, 2024
Final Answer :
True
Explanation :
Rebates are more effective in high-involvement purchases because consumers are more likely to perceive the rebate as adding significant value to their purchase, making the effort to redeem the rebate seem worthwhile.