Rebate fulfillment fits into every stage of a product life cycle. Whether your product is new to the market or at the mature stage, a rebate is perfect to boost sales, introduce a new product to existing and prospective customer and collect market data. As a fulfillment process demands expertise and consumes lots of time, there are so many companies offering outsource services to help the manufacturer.
Design your rebate program
Rebate programs are meant to fulfill the certain objectives. Before starting a rebate program, set your goal and objective. There are so many objectives such as to generate sales, collect market information or launching a new product. Clarify what you want to achieve through the rebate fulfillment program. After determining the type of rebate, here are the steps one should follow-
• Design the fulfillment program which appeal the consumer
• Explore the needs of your retailers for success
• Build up the systems: from retailer support to processor support and the process of fulfillment.
• Plan the communication material for every step of the rebate fulfillment process.
Rebate Fulfillment processing
Rebate fulfillment process involves various steps. Under this, the processor receives the rebate request from the consumer and enters the data in the database. The request is sent to the clearinghouse hired by the manufacturing firm for picking, packing, delivering and tracking to the customer. As the fulfillment process takes important detail of the customer, there are many things a company must consider before hiring rebate processor and companies such as-
• Select the rebate company which handles online communication with customer.
• Under the rebate fulfillment process, a confirmation email is send to the customer and a portal which can provide the detail about the status of their rebate.
• You should have access to entire fulfillment information via a client portal.
• Make sure, your processing company is taking services of professionals who are reliable and security checked.
The rebate fulfillment process consumes lots of time, and demand focused approach. It may distract a company from other strategy formation works, so you have to take help of companies to streamline the process.
Design your rebate program
Rebate programs are meant to fulfill the certain objectives. Before starting a rebate program, set your goal and objective. There are so many objectives such as to generate sales, collect market information or launching a new product. Clarify what you want to achieve through the rebate fulfillment program. After determining the type of rebate, here are the steps one should follow-
• Design the fulfillment program which appeal the consumer
• Explore the needs of your retailers for success
• Build up the systems: from retailer support to processor support and the process of fulfillment.
• Plan the communication material for every step of the rebate fulfillment process.
Rebate Fulfillment processing
Rebate fulfillment process involves various steps. Under this, the processor receives the rebate request from the consumer and enters the data in the database. The request is sent to the clearinghouse hired by the manufacturing firm for picking, packing, delivering and tracking to the customer. As the fulfillment process takes important detail of the customer, there are many things a company must consider before hiring rebate processor and companies such as-
• Select the rebate company which handles online communication with customer.
• Under the rebate fulfillment process, a confirmation email is send to the customer and a portal which can provide the detail about the status of their rebate.
• You should have access to entire fulfillment information via a client portal.
• Make sure, your processing company is taking services of professionals who are reliable and security checked.
The rebate fulfillment process consumes lots of time, and demand focused approach. It may distract a company from other strategy formation works, so you have to take help of companies to streamline the process.
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