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  1. #1
    2005 Linkshare Golden Link Award Winner  ecomcity's Avatar
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    Rebate Game takes it in the shorts
    Tired of the inflated price less the rebate game? Well a 3rd party biggie in the rebate game is now bankrupt, and bouncing rebate checks for those lucky enough to run the obsticle course to get one.

    And what a game it is. You mail a fistful of product codes, sales receipts and everything down to the original packing foam to some very specific post office box before some very arbitrary deadline so that, six to eight weeks later, you can receive a form letter saying you ain't getting that $50 back and are stuck paying full price for your Refurb Purple 4 GB thumb drive or Gilligan's Island" commemorative chess set.

    Master Rebater files bankruptcy: But if you thought the rebate battle ended once you managed to dislodge a check from a rebate processing firm, think again. If you have a rebate check from Canon USA, Home Depot, Bed Bath & Beyond or any of a long list of manufacturers and retailers, it could bounce -- so you not only don't get the rebate, you also get hit with a $25 returned check fee by your bank.

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    <b>Continental Promotion Group</b>, a Tampa-based company with offices in Arizona, Toronto and Tipperary, Ireland, handling rebates for what it says are "more than 500 leading companies in over 120 countries," filed for bankruptcy protection on Nov. 14. Besides bad checks going out, the filing means that if you've recently submitted a rebate to CPG, that may be in doubt, too.

    Contact numbers: Consumers who've been stiffed on rebates or received bad checks should contact the manufacturer or retailer involved. Some are trying to find a solution to the problem. Canon, according to reports, already has hired a new rebate vendor. Save all your paperwork, too, so that if bankruptcy court or some other agency works thing out, you can back up a claim for a rebate.

    You also can file a complaint with the Michigan Attorney General's office by going to www.mich.gov/AG or calling 877-765-8388. Since this goes across state lines, you should file a complaint with the Federal Trade Commission, too, at www.FTC.gov or by calling 1-877-FTC-HELP.

    If you want to check on a check or rebate being handled by CPG, go to www.rebatestatus.com or call 800-554-9838. What exactly the company can or will do about it is in doubt, but CPG did issue a statement saying it was working with clients "or providing alternate direction to consumers." But this seems like the one time you don't want to hear, "The check is in the mail. "
    Webmaster's... Mike and Charlie

    "What have you done today to put real value into a referral click...from a shoppers viewpoint!"

  2. #2
    Full Member TerriFalcone's Avatar
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    Is there anyone and I mean anyone who didn't understand that rebates have always been a losing deal even BEFORE this happened. Even when it was done in conjunction with a very reputable company such as Dell or AT&T, the odds were against you as it wasn't those giants who were returning the money but these 3rd party guys who did there best to keep you from getting a dime.
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  3. #3
    Full Member Code Monkey's Avatar
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    June 11th, 2007
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    I've never understood the problem..

    I followed all the rules/requirements... Sent in TONS of rebates, tracked them all, and received ALL of them with NO problem..
    Stop blaming the parasites, low return days, cookie stuffers, networks, lousy AMs, and TOOLBARS!

  4. #4
    ABW Ambassador Bob Lawrence's Avatar
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    I've only had a problem one time with a rebate, and it was posted here on the forum about a year ago.
    Did get it after the posting here.
    Where's the Great Life of Affiliate Marketing Hiding?

  5. #5
    2005 Linkshare Golden Link Award Winner  ecomcity's Avatar
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    http://www.cpginc.com/services/rebates/
    Continental Promotion seeks bankruptcy protection after layoff... http://www.bizjournals.com/tampabay/...0/daily66.html gives us the inside story.. "Just a day after it handed out pink slips to 17 employees, CPG Marketing Inc. and Continental Promotion Group Inc. of Tampa have filed for Chapter 11 bankruptcy protection Friday.

    The companies both list an Eisenhower Boulevard office as their address, and both have Daniel Granger as its chief executive. Continental Promotion lists assets of between $1 million and $10 million, and liabilities in the same range from between 200 and 999 creditors. CPG Marketing listed estimated assets of $1 million to $10 million, and liabilities of between $10 million and $50 million, with up to 50 creditors.

    Continental Promotion told Florida Agency for Workforce Innovation Thursday it would lay off 17 people by Nov. 19. Itís unclear how many employees Continental and CPG had, and a call to the companyís media contact, Amy Harich, was pending return Friday.

    Continental Promotion touts itself on its Web site as a promotional management services provider, interacting with more than 30 million consumers annually through manufacturer- and retailer-driven promotions, according to press releases from the company.

    Last May, Continental Promotion said it won a preliminary injunction from a U.S. District Court in Arizona enforcing a non-compete clause of Samuel Garvin that restricted him from competing with Continental Promotion or solicit the firmís customers or employees for three years following his sale of Continental Promotion to CPG in 2005. The non-compete, according to a press release by Continental Promotion, prohibited Garvin from processing and fulfilling rebates, gift cards and other promotional items, among other activities through two companies known as Garvin Promotion Group LLC and Giftcard Loyalty Reward Solutions LLC.

    Continental Promotion claims more than 500 national and international clients in 120 countries with offices in Tampa; Tempe, Ariz.; Toronto; and Tipperary, Ireland."

    The4 gist of this collapse is 500 mostly affiliate enabled clients have online rebates not being honored... or bouncing checks.
    Webmaster's... Mike and Charlie

    "What have you done today to put real value into a referral click...from a shoppers viewpoint!"

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