Mail in rebates

[TransformX]

We don't have them here, so I have no experience with them.
What's the point in having them? Why sell something for $150 and MIR $20 afterwards instead of simply selling for $130?
Unless of course those MIR are coupons good only for buying from that specific retailer.

[Brian Ellis]

Obvious! 90% don't bother sending them in because it's a hassle.

[cjolley]

Plus, a fair percentage of the ones that are sent in get "lost."

[Nowhere]

And those that don't build some kind of good sentiment towards a brand/store?

[UtwigMU]

Generally in countries with good consumer protection they are illegal.