What is Refunding?
A refund (sometimes referred to as a rebate or premium offer) can be cash, a coupon for money savings, a gift, or a promotional item given by a manufacturer of a product that you have purchased. Simply put, it is a way for them to thank you for your business and encourage you to remain a customer.There are many different types of refunds ranging in value depending on your purchase. By participating in refund programs you are offered the opportunity to maximize your savings.
How Does Refunding Save You Money?
The basic principle behind refunding is simple. Let's say you bought a package of frozen waffles, and inside the box you found a refund form stating you could receive two free boxes of waffles by completing the form and mailing it within a specific time. You then spend a small amount of money on the postage and mail the form, making sure you have completed the required information. In six to eight weeks (times vary per company), you receive the coupons for your free waffles as well as other "cents off" coupons for additional products manufactured by the company. Guess what happened! You just saved money!To what level of refunding you decide to get involved in is totally up to you. Most people start slowly, building their refunding inventory gradually.
How to Find Refund/Premium Offers
- Check your local newspaper.
- Check throughout the store, down the aisles, in the grocery advertisements and on the bulletin boards.
- Look on packages of products.
- Look through family-type magazines.
- Look for hang-tags around the necks of beverages.
- Browse the Internet and sign-up for newsletters from favorite stores or on the manufacturer's homepages of your favorite products.
