Amount spent: $165Quote:
Anyhow --I will let you do the math (which I'd love to see, btw), but I think I did OK!!
AMs received: 696
Approx. Value of AirMiles: 696 x $0.14 = $97.44
Cost recovery: $97.44/$165 = 59%
How do you think you did?
Now the thing to look at here is not so much the cost recovery as it is any advantage gained.
If you could have got the product 20% cheaper elsewhere (which is unlikely on a special offer) then it would have cost $129 but you recovered $97.44. This means that you created a real
$129 - $97.44 = $31.56
savings advantage for yourself.
Money in your pocket!