Question

Carlos wants a new cell phone. If he mails in his proof of purchase to receive money back, what type of promotion designed to boost sales is this?

Answer 1

The type of promotion is rebate. Because rebate, is a partial refund, or a pay back (sum of money).

Answer 2

The answer is: Rebate

Rebate refers to the process of receiving back the money that previously used for some sort of overpaid transactions. In business environment, thsi method often used to make sales appear in larger number than it supposed to be. This false perception often used to make investors believe that a company is doing well.