Final answer:
Rebate is a post-sale strategy where the seller offers money back to the consumer to increase revenue and motivate purchases.
Explanation:
Rebate is a strategy where a seller offers money back to the consumer after the sale of an item. This tactic, also known as a retail incentive, aims to increase revenue and motivate consumers to make purchases by providing post-sale benefits.
For example, a company might offer a $50 rebate on a computer purchase, effectively lowering the cost for the consumer. Rebates are commonly used alongside other retail incentives like bulk pricing and frequent buyer discounts to attract and retain customers.
Learn more about Retail Incentives here:
https://brainly.com/question/39390485
