9. A report by a rebate fulfillment service showed that the average redemption for a $50 rebate...

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9. A report by a rebate fulfillment service showed that the average redemption for a $50 rebate on a product that costs $200 is only 35 percent. Why do you think redemption rates for rebates are so low? How might a low redemption rate affect a marketer’s decision to use rebates as a promotional tool? (LO 16-3)

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