Consorteum Holdings Inc. (CSRH.OB) Announces Introduction of Alternative, Innovative Mail-In Rebate Program

In the company’s news yesterday,

Consorteum Holdings Inc. announced that it is launching its consumer stored value rebate card. The consumer rebate card program offers manufacturers and retailers an all new way to process mail-in rebates. Differentiating itself from traditional rebate programs, this new program ensures increased customer loyalty and decreased overhead costs.

Quent Rickerby, President & COO of Consorteum Holdings Inc., stated, “This new program will significantly reduce the costs of managing mail-in rebates. The process of mailing checks to consumers continues to be very expensive and only provides for a one-time interaction with the recipient. With this new program, the consumer receives a co-branded gift card that can be used at any merchant accepting credit cards.”

Working directly with manufactures and retailers to reduce the administration costs associated with mail-in rebate programs, Consorteum will provide a new way to increase consumer awareness. Further revenue and cost-saving opportunities will be available to all parties through unspent funds left on the card after expiration.

Mr. Rickerby added, “By providing a co-branded gift card, the manufacturer or retailer has the ability to increase and reinforce their marketing brand every time the card is used. The card also provides the consumer with a choice of where they want to spend their rebate.”

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