Risk aversity on the part of consumers reduces the attractiveness of rebates, as does the delay between rebate redemption and rebate payment, but the latter if and only if consumers are more impatient than the seller. Rebates are optimal when this gap is large coupons tend to be optimal otherwise.
We identify the conditions under which each is optimal, and these conditions turn on the gap between “low” reservation price consumers’ valuations and their highest redemption costs. As a result, we show that rebates are more efficient in surplus extraction but coupons offer more finetuned control over whom to serve.
With coupons the uncertainty is resolved before purchase with rebates the uncertainty is resolved after purchase. When consumers experience uncertain redemption costs, this difference translates to a difference in when uncertainty is resolved. Whereas coupons offer deals up front, with the purchase of the product, rebates can be redeemed only after purchase. What do I need to bring with me in order to tan at Zoom Tan?Īll tanning requires that you bring a valid driver's license & cell phone.This paper examines a key difference between two promotional vehicles, coupons and rebates. We also accept gift and prepaid cards for any non recurring purchases.ħ. We accept debit or credit cards (Visa, MasterCard, or Discover). Do I need to make an appointment for a spray tan?Īt Zoom Tan we only take walk-ins, so you can always come in whenever you are ready! Pennsylvania has a state minimum tanning age of 17 with parental consent and New York requires that you must be an adult (18+ yrs) to UV tan.ĥ. In Florida and Georgia we require that you be at least 15 with parental consent. NOTE: A government issued photo ID (passport, drivers license or state identification card) is required on your first visit so we can set up your profile. There is no age limit on spray tanning, we just ask that you are able to follow directions. For membership pricing information visit our online store & member portal.ģ. Level 1 (dark) is $30, level 2 (darker) is $35 and level 3 (darkest) is $40. Our pricing varies depending on the level. The salon associate can help you select the proper level of tanning solution to best match your skin tone. The advanced technology currently used in sunless tanning solutions is designed to ensure a natural, bronze tan.
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