{"id":17366,"date":"2016-12-22T10:55:09","date_gmt":"2016-12-22T12:55:09","guid":{"rendered":"http:\/\/colemont.lt\/?post_type=product&#038;p=17366"},"modified":"2018-08-08T07:30:02","modified_gmt":"2018-08-08T07:30:02","slug":"over-redemption","status":"publish","type":"product","link":"https:\/\/colemont.lt\/en\/product\/over-redemption\/","title":{"rendered":"Over Redemption Insurance"},"content":{"rendered":"<h3>Claim example<\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>Food company has renewed one of the brands. For the promotion of the new brand the company posted coupons. Edition &#8211; 300.000 pcs. Customers were required to cut out and present the coupon, so to get the new product during the promotion for 1 eurocent instead of the usual price \u2013 2 EUR.\u00a0The company expected 10% of customers will use the offer, i.e., sales volumes will be 30.000 pcs. of the product priced 1 eurocent each. However, the promotion exceeded the expectations and the customers used 38% coupons or 84.000 pcs. more than the company expected. In monetary expression it made 167.160 EUR unplanned costs (loss of revenue). But the company had the over redemption insurance for the promotion. The contract provides that the Insurer had to compensate any lost revenue (1,99 EUR) per each product, exceeding 10% of the coupon limit. The premium the company paid was 19.701 EUR and the Insurer compensated all losses \u2013 167.160 EUR!<\/li>\n<\/ul>\n<h3><\/h3>\n<h3>Advantages<\/h3>\n<p>&nbsp;<\/p>\n<ul>\n<li>Sales uplifting<\/li>\n<li>Extra reward (prize, present) to customers<\/li>\n<li>Enticing customers to switch brand and\/or supplier<\/li>\n<li>Exclusive promotions increase\/create awareness<\/li>\n<li>Significant support to product launch\/relaunch<\/li>\n<li>Unlimited number of rewards<\/li>\n<li>No worries about the marketing budget, financial loss or reputation of the company in case the promotion exceeds the expectations and forecasts. Losses in excess of the budget shall be compensated by insurance.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This type of insurance is designed to protect the company\u2018s reputation and marketing budget, in the event that redemption costs in a Sales Promotion exceed the expectations. This insurance is mostly suitable for companies selling fast-moving consumer goods. Promotional mechanics can benefit from the protection offered by Over Redemption Insurance, such as:\u00a0 coupons, label\/sticker\/packaging collector schemes, SMS\/online\/Facebook registration schemes, click 2 wins, text 2 wins, cash backs\/money back guarantees\/try me frees, etc.<\/p>\n","protected":false},"featured_media":366,"template":"","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false},"product_brand":[],"product_cat":[371],"product_tag":[],"class_list":{"0":"post-17366","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-sales","8":"first","9":"instock","10":"sale","11":"shipping-taxable","12":"purchasable","13":"product-type-simple"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Over Redemption Insurance - Colemont<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/colemont.lt\/en\/product\/over-redemption\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Over Redemption Insurance - Colemont\" \/>\n<meta property=\"og:description\" content=\"This type of insurance is designed to protect the company\u2018s reputation and marketing budget, in the event that redemption costs in a Sales Promotion exceed the expectations. This insurance is mostly suitable for companies selling fast-moving consumer goods. Promotional mechanics can benefit from the protection offered by Over Redemption Insurance, such as:\u00a0 coupons, label\/sticker\/packaging collector schemes, SMS\/online\/Facebook registration schemes, click 2 wins, text 2 wins, cash backs\/money back guarantees\/try me frees, etc.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/colemont.lt\/en\/product\/over-redemption\/\" \/>\n<meta property=\"og:site_name\" content=\"Colemont\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Colemont-Draudimo-Brokeris-1210664089020340\/\" \/>\n<meta property=\"article:modified_time\" content=\"2018-08-08T07:30:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/colemont.lt\/wp-content\/uploads\/2016\/11\/Rectangle-1-copy-16.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"840\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/\",\"url\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/\",\"name\":\"Over Redemption Insurance - Colemont\",\"isPartOf\":{\"@id\":\"https:\/\/colemont.lt\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/colemont.lt\/wp-content\/uploads\/2016\/11\/Rectangle-1-copy-16.jpg\",\"datePublished\":\"2016-12-22T12:55:09+00:00\",\"dateModified\":\"2018-08-08T07:30:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/colemont.lt\/en\/product\/over-redemption\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/#primaryimage\",\"url\":\"https:\/\/colemont.lt\/wp-content\/uploads\/2016\/11\/Rectangle-1-copy-16.jpg\",\"contentUrl\":\"https:\/\/colemont.lt\/wp-content\/uploads\/2016\/11\/Rectangle-1-copy-16.jpg\",\"width\":840,\"height\":630,\"caption\":\"Colemont Pardavimo akcij\u0173 draudimas\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/colemont.lt\/en\/product\/over-redemption\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/colemont.lt\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shop\",\"item\":\"https:\/\/colemont.lt\/en\/shop\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Over Redemption Insurance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/colemont.lt\/en\/#website\",\"url\":\"https:\/\/colemont.lt\/en\/\",\"name\":\"Colemont\",\"description\":\"UADBB \u201cColemont draudimo brokeris\u201d\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/colemont.lt\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Over Redemption Insurance - Colemont","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/colemont.lt\/en\/product\/over-redemption\/","og_locale":"en_US","og_type":"article","og_title":"Over Redemption Insurance - Colemont","og_description":"This type of insurance is designed to protect the company\u2018s reputation and marketing budget, in the event that redemption costs in a Sales Promotion exceed the expectations. 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