Wow, only 5 Free DVD titles left at Cyber,.

[CashSavingDeals]

At those crazy prices CyberRebate still managed to sell out most of there DVD in a matter of days. They had 42 titles when I first check on Thursday, now only 5 left. Hope they get more stock soon.

 

[fragarific]

yea, if you know how to follow directions this is a great deal

 

[shabby]

Either that or they just changed the 42 to a 5 to make people think that someone is actually buying these things.

 

[Jmman]

You can make your own decisions about how to spend your money, but if they go under, you really will get the shaft. Spend ten minutes around here and you can find ways to get that dvd for free with no rebate hassle.


Poorly run, unprofitable dot.com with 24 year old CEO and huge rebates =DANGER WILL ROBINSON

 

[Cyberian]

<< Poorly run, unprofitable dot.com with 24 year old CEO and huge rebates >>



What do you have against older, mature CEO's?

 

[CashSavingDeals]

There is an interesting interview with the CEO here:
http://cnnfn.cnn.com/2000/11/20/companies/v_online_rebate/index.htm
Its a little old, from last November.

 

[Jmman]

Cyberian....ROTFLMAO!! He is 24 years old=kid!!

 

[rdog57]

age has nothing to do with how you can run a company...........just because he is 24 does not mean he cannot run the company efficiently and well..........dont judge someone on their age just by what they can do..........which is i have never seen a bad story about CR yet in this forum......all i c is people getting all the money back they put into it..

 

[Jmman]

Well, maybe the numerous complaints with the BBB and their &quot;unsatisfactory&quot; status should tell you something. Didn't they also get fined like 40K by the New York AG for their business practices?? Like I said, you can spend your money however you want, but I would hardly call this a hot deal....As far as the age of their CEO, how many 24 year old CEO's do you see at major companies like GE, etc ? Not many, simply because in most cases they don't have the experience or the maturity for that type of responsibility. Anyway, this is like the ninth post on Cyberrebate, so I think we got the message.....

 

[Fraggle]

yeah but you're 12, so we don't have to listen to you

 

[CashSavingDeals]

I bet they get a lot of complaints because of people not waiting long enough. The rebates can take about 2-4 months, I bet people start complaining at 2.

 

[NotAClue]

Delusional people... have any of you people crying wolf about CR, ever gotten screwed by them? More likely than not, you've probably never used them. If you want to be a critic, you should know what you are criticizing. I've spent well over $17k with them and have received rebates for everything. ALL FREE. The majority of the items I received I donated to charity. 12 year old kids that don't have cc's will complain because their parents won't buy them a $200 DVD.

Roughly... $170 x 3months interest.
$170@9.99% = ~$4.25 for a DVD w/free shipping
$170@14.99% = ~$6.37 for a DVD w/free shipping
$170@19.99% = ~$8.50 for a DVD w/free shipping

OK, I see the problem. If you have good credit, then $4.25 for a DVD(shipped) is generally unbeatable. For those that have good credit... get yourself a 0% intro cc. The 0% usually lasts 3-9 months. That way, everything you get from CR will be truly 100% FREE.

 

[Jmman]

Actually, I have used Cyberrebate and they screwed me over by changing the terms of the rebate after the purchase. I am sure I could post tons of other examples of them scewing people over. And as far as the 12 year old comment, I am 33 years old with a MBA who just happens to own a venture capital company that specializes in technology stocks. Have you ever read their business plan? They want to get people to buy items that are not free with rebate. From what I have seen, they are wildly unsuccessful in that respect. That being said, maybe you should open your eyes to the economic environment for dot.coms at this point. If you want to risk your money by buying an overpriced item from a privately owned company that doesn't have to report any of their finances in the hopes of getting that money back, go for it. This has been posted numerous times already. We get the hint. But I value my money a little bit more than that.......

 

[labmice]

AAAAHHHHHHHH!!!!

Jmman works for napster...

or maybe walmart...

oh i know... pay pal...

maybe not...

 

[Healey]

This has pretty much been beat to death, but one angle that hasn't really been addressed is their pricing. It's strange that after the rebate items are a great deal, costing nothing, or a crappy deal, costing more than typical retail.

I would think that some items could be a good deal at lower than retail, but not free, after rebate. As it is I've never ordered anything that didn't have a 100% rebate, they just aren't attractive deals. It seems like a better balance would be more profitable. People would be hooked by the freebies, and then possibly order some good, not quite free deals.

Anyway, does anyone have any proof that they aren't making money? Or are you all just making wild-assed guesses? Just curious.

 

[Jmman]

Well, their CEO said in the WS Journal a couple of weeks ago that they hoped to be profitable within the a year or so.....how many times have we heard that...here is an interesting post from another board.....&quot; Date Posted: Mar/17/2001 12:18 PM

MaxMojo - There are thousands of people who have received all their CyberRebate checks. This includes myself as I stated earlier. That's not the point that I was trying to make. As with any scam of this type, everyone is very happy at first. Happy customers who are willing to share their experiences are essential for the scam to work. I was simply pointing out that it looks like the end is near and to be careful.

There are current 3 investigations that I know of that are active against CyberRebate. The fist in mentioned in my previous post, the second is the FTC (Federal Trade Commission), and third, the US postal Service. All three have contacted me personally for affidavits of my CyberRebate experience.

A little common sense will go a long way here. CyberRebate is a company that ?claims? to make revenue from advertisements. This is clearly stated in the? about our company ? section on their website. Yet, has anyone ever seen advertisement from any other company on the CyberRebate site? In addition, they cannot (at least legally) be selling your personal information to marketing companies as in addition to their stated privacy policy, they have no less than three private security certificates from companies that monitor this stuff. So how do they make money and at the same time give you free items and also pay hefty referrals for purchases that can give you an annualized return of over 15%? You figure it out, because no one has been able to yet.

BTW for those of you that depend on the safety of your CC Company and their legal might, you better think again? Most CC companies consider rebates to be promotions and they are not covered under the consumer credit card protection laws. In their eyes, the company delivered the item that you purchased and the fact that you paid 10 times for it is not their concern. Check with your cc company for their policy on this issue. As far as bankruptcy, product purchases are always last in line right in front of management when it comes to recovering any monies. Your only chance in this situation is a class action suit where even if you do happen to win a judgment and assets are available, the lawyers will take most of it. Good luck with this. Remember that CyberRebate was a New York lawyer who has done his homework.

It is possible for this scam to continue for a while. It is all contingent on much incoming revenue that they can ?con? with their new promotions. However, at some point, the party will be over and someone will loose. For most, it will only take loosing one or two of their high dollar rebates before they will end up having lost the equivalent of the full retail price for all that they purchased from CyberRebate.

I apologize for the long posts. I just wanted you guys to know the ?real? CyberRebate as
I have discovered over the past year. Even though I never lost a penny to their scam, my ?Free? items ended up costing me quite a bit when you consider the about of time that I have spent recovering rebates. I will not continue posting in this thread, as it is not really the place for this discussion. Hopefully we can all meet on the boards in a few months and laugh at CyberRebate?s demise.

Good luck and don?t cry later that you were not warned

 

[RossMAN]

If you want to spend $169 for a &quot;Free after rebate&quot; DVD movie then go for it. I'd rather get my DVD movies for about $15 shipped. You're much better off staying away from this unless you are absolutely dirt poor but have $169 to fork over and wait for 4 months HOPING that you will receive your rebate check. Yes I know that everyone usually receives their rebate check but what if they go under, or change the rebate terms and conditions? Then you're screwed.

Use your noggin' and get some real DVD Bargains

 

[Healey]

I hear you and for the most part agree, I've also received all my rebates in addition to over $1500 in &quot;commissions&quot;. The threat of them going belly up limits me to have no more than $300 in their clutches at any one time now. I figure if I should lose that amount, I'd still be way ahead.

You're also correct about the credit card dispute policy. I checked with my provider (MBNA) and they maintain that once the merchandise is received the order is complete and final. It seems like AMEX might be a bit more generous in this regard, but I wouldn't bet the mortgage money on it.

As far as the CEO claiming that they make their money from marketing info and adverts, I'd hardly expect him to come out and admit that &quot;We make our bones from shmucks who are too dumb or lazy to follow through on the rebate procedure.&quot;

Oh well, too nice a day to be sitting here inside while the top is down on the car outside...

 

[emaij]

What does $1500 in commissions mean?

 

[Helios2]

I think what Healey's $1500 in commission is from their affiliate program. When you refer people who purchase products from CR you get a commission on the sale.

 

[yodayoda]

i still contend that cyberrebate is the world's most legit-looking pyramid scheme. once this house of cards is built sufficiently, with millions of dollars of cash in hand and millions owed as rebate, this house will hold, leaving the venture capital guys with nothing, leaving the customers with fillings in bankruptcy court to recover their $170 for the DVD, and leaving that 24-year-old CEO with the best golden parachute, landing him in tahiti or another offshore country with no extradition treaty with the US.

 

[Healey]

Well I was a bit unclear there. I actually made over $1,500 from the kickback that ebates.com &amp; dash.com payed me. For awhile there you could pick up 7% from dash and then double dip and pick up an additional 5% from ebates.

Now it's one or the other and they're both set at 5%.

You could set up an affiliate link, order through that and snag a 7% commission, but that income would be reported to the IRS on a 1099 and you'd be required to pay income tax on the proceeds. I did that also and earned about $1,200 in a couple of weeks for about 4 hours work.

 

[emaij]

I am impressed Healey. Very impressed.

 

[CashSavingDeals]

Well, looks like the topic of my original post is no longer true, they must have re-stocked because they now have 37 titles.

 

[NotAClue]

My apologies Jmman... after your post this afternoon, I contacted some people on the east coast.

Thank You !