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FORUMS Marketplace & Market Info Market Watch 
Thread started 29 Sep 2013 (Sunday) 18:25
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Just Announced - Save Up To $300.00 with Canon Lens Rebates

 
gacon1
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Sep 29, 2013 18:25 |  #1

http://www.the-digital-picture.com/News/News-Post.aspx?News=7901 (external link)

Canon just implemented a mail-in rebate program for its most popular (mostly "L") lenses. I'm a bit confused as to why Canon has regressed to a mail-in rebate format as opposed to their [now] usual instant rebates, though. Go figure.

Regardless, it's still a great time to buy if you've been sitting on the fence!




  
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isoMorphic
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Sep 29, 2013 23:30 |  #2

gacon1 wrote in post #16334126 (external link)
I'm a bit confused as to why Canon has regressed to a mail-in rebate format as opposed to their [now] usual instant rebates, though. Go figure.

Canon instant rebates usual since when?

I have never seen an instant rebate from Canon directly.

The reason for the MIR is simply so retailers can unload excess stock first and foremost. But also so they (Canon) can collect interest by using your money short term to build new stock. As the new stock gets pushed out to retailers and people begin buy it you eventually get reimbursed.

Instant rebates on the other hand are a way to either generate awareness of a product, to sell more accessories (printer ink for example) or liquidate something that was priced above what the market will bear. If you have a certain lens or product and nobody is buying then it's better to free up capitol to re-invest into something people will buy.




  
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JTodd
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Sep 30, 2013 01:21 |  #3

Also, many people actually don't mail in their rebate or they fill it out incorrectly which leaves extra profits in Canon's purse.


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Colt4570
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Sep 30, 2013 01:40 as a reply to  @ JTodd's post |  #4

For those looking for a 70-200 IS II, Canon Price Watch is showing a retailer carrying that lens for 1899.99 after rebate + tax. Just FYI.

http://www.canonpricew​atch.com …2.8L-IS-USM-II-price.html (external link)


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dgrPhotos
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Sep 30, 2013 07:34 |  #5

Colt4570 wrote in post #16334852 (external link)
For those looking for a 70-200 IS II, Canon Price Watch is showing a retailer carrying that lens for 1899.99 after rebate + tax. Just FYI.

http://www.canonpricew​atch.com …2.8L-IS-USM-II-price.html (external link)

Now that's a deal. Let's see if Best Buy corrects it.




  
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iTookMyShot
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Sep 30, 2013 09:41 |  #6

The 24-70 2.8 II is now showing not in stock @ Best Buy... Put in an order yesterday, we'll see


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pdrober2
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Sep 30, 2013 10:50 |  #7

For those that ordered from Best Buy, 2 posters on slickdeals claim to have been told by Canon customer service that Best Buy is not a participant in the current rebate.

I'm not sure what to believe, but I'm going to hold off and see how it goes.


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vitacura
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Sep 30, 2013 11:30 |  #8

Last night I saw that two Best Buy stores around me had the 70-200 2.8 II in stock. This morning they are gone.


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BURQUE
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Sep 30, 2013 11:52 as a reply to  @ vitacura's post |  #9

I just tried to order the 70-200 online at Best Buy but at checkout it's coming up as $2199 and not $1899????




  
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Myduc1098
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Sep 30, 2013 12:16 |  #10

Where is the instant saving instead of mail in rebate? don't like it


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dgrPhotos
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Sep 30, 2013 12:38 |  #11

Frietze wrote in post #16335767 (external link)
I just tried to order the 70-200 online at Best Buy but at checkout it's coming up as $2199 and not $1899????

Other authorized dealers are selling it for $2499 right now so -$300 mail in rebate gets it to $2199 which equals Best Buy's price. If Canon honors the rebate then it's $1899 after the mail in rebate.




  
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BURQUE
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Sep 30, 2013 12:42 |  #12

Yes I saw that but I clicked on the link and the price was showing up at BEST BUY for $1899 but when I added to cart it started to act weird and I had to refresh again and it appeared at $2199...
I was only jumping on the deal with wishful thinking of $1899 and then rebate for a total of $1600

dgrPhotos wrote in post #16335900 (external link)
Other authorized dealers are selling it for $2499 right now so -$300 mail in rebate gets it to $2199 which equals Best Buy's price. If Canon honors the rebate then it's $1899 after the mail in rebate.




  
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SunTsu
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Sep 30, 2013 12:43 |  #13

isoMorphic wrote in post #16334698 (external link)
Canon instant rebates usual since when?

I have never seen an instant rebate from Canon directly.

The reason for the MIR is simply so retailers can unload excess stock first and foremost. But also so they (Canon) can collect interest by using your money short term to build new stock. As the new stock gets pushed out to retailers and people begin buy it you eventually get reimbursed.

Instant rebates on the other hand are a way to either generate awareness of a product, to sell more accessories (printer ink for example) or liquidate something that was priced above what the market will bear. If you have a certain lens or product and nobody is buying then it's better to free up capitol to re-invest into something people will buy.

Canon used to do all the lens rebates by mail but there we're so many problems that they changed. Google it and I'm sure you will find lots.

MIR sucks.


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SunTsu
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Sep 30, 2013 12:44 |  #14

Myduc1098 wrote in post #16335829 (external link)
Where is the instant saving instead of mail in rebate? don't like it

Ditto. Some people have forgotten how bad Canon MIR programs used to be.


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dgrPhotos
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Sep 30, 2013 12:46 |  #15

Frietze wrote in post #16335912 (external link)
Yes I saw that but I clicked on the link and the price was showing up at BEST BUY for $1899 but when I added to cart it started to act weird and I had to refresh again and it appeared at $2199...
I was only jumping on the deal with wishful thinking of $1899 and then rebate for a total of $1600

When I clicked through all I saw was price shown in cart.




  
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Just Announced - Save Up To $300.00 with Canon Lens Rebates
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