What is functional rebate campaign in SAP CRM-MKT - Marketing?

SAP Term: functional rebate campaign

• Component: CRM-MKT

• Component Name: Marketing

• Description: Defines rebates to be paid to the main dealer of dealer families based on certain monetary commitments made by the main dealer The commitment must detail the specified amount spent on products from specified product categories, within a specified time frame.

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• Key Concepts: 
  A functional rebate campaign is a type of marketing campaign in SAP CRM-MKT Marketing that allows companies to offer customers a rebate or discount on certain products or services. This type of campaign is typically used to incentivize customers to purchase more products or services from the company. 
  
  How to use it: 
  To create a functional rebate campaign in SAP CRM-MKT Marketing, first select the “Create Campaign” option from the main menu. Then, select “Functional Rebate Campaign” from the list of available campaigns. Next, enter the details of the campaign, such as the start and end dates, the products or services that are eligible for the rebate, and the amount of the rebate. Finally, click “Save” to create the campaign. 
  
  Tips & Tricks: 
  When creating a functional rebate campaign in SAP CRM-MKT Marketing, it is important to consider how long the campaign should run and how much of a rebate should be offered. It is also important to consider which products or services should be included in the campaign and how customers can redeem their rebates. 
  
  Related Information: 
  For more information about creating functional rebate campaigns in SAP CRM-MKT Marketing, please refer to the official SAP documentation at https://help.sap.com/viewer/product/CRM_MKT_MARKETING/7.0/en-US.