I do a huge number of rebates, several hundred per year (usually over 50
just from "Black Friday" alone), and I often have more than $1,000 in
outstanding rebates. I do them meticulously, I keep scrupulous records,
and I keep copies of everything, and spreadsheet to show the status.
But I do not use certified mail or anything like that to submit them (it
just costs too much). Even for Tiger Direct, which has a "rebate
guarantee" IF you use certified mail return receipt (which costs $5), I
don't ... I just drop them in a mailbox.
More than 90% of the rebates are processed and received with no followup
or action on my part. A few (and I'd say it's less than 5 each year)
require followup but I get them. The only rebates that I've lost were
two from Tiger Direct, their rebate form requires a signature, I forgot
to sign it and they did not (at the time, last fall) allow
"resubmissions" (correction of submissions after-the-fact) (I've been
told that this policy has since changed).
The number of people who submit rebates is very low. I have worked for
a company that offered rebates, as a marketing manager, and the rebate
firms will offer a chart showing the cost of the item on one axis, the
amount of the rebate on another axis and at the intersection the maximum
percentage of customers who will actually submit the rebate. In many
cases, they will GUARANTEE this percentage ... and if more people than
indicated on their chart submit the rebate, the independent rebate house
and not the manufacturer will pay the extra rebates. The percentages
only begin to approach 50% when the rebate amount gets up towards $50
AND 50% of the item purchase price.
Rebates are generally not a scam and are generally fulfilled if the
requirements are met. What rebates really are is a tax on the
disorganized, for the benefit of the minority who do send them in. In
my experience, if you want to play the rebate game you can get some good
deals (in fact lots of free deals), but you have to have the mindset to
do the rebate right and to do it IMMEDIATELY. If "Black Friday" is
rebate buying day, it usually takes me about 30 hours spread over "Black
Saturday and Black Sunday" to get 30 to 50 rebates processed and ready
for the mailman on Monday.