This refers to a promotional occasion, typically time-limited, supplied by a serious dwelling enchancment retailer. It sometimes entails offering shoppers with a share of their buy again within the type of a rebate, normally 11%, after assembly particular buy necessities and following a delegated declare course of. For instance, if a buyer spends $1000 on eligible gadgets in the course of the promotional interval, they may obtain an $110 rebate.
Such promotions can considerably influence shopper spending, driving gross sales quantity in the course of the supply interval. These incentives present a monetary profit to consumers, making bigger tasks or purchases extra inexpensive. Traditionally, retailers have used rebates as a tactic to draw prospects and compete with rival companies by providing a post-purchase low cost.