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An example of over-redemption insurance would be if a company is running a promotion in which consumers must collect a certain number of proofs of purchase from a yogurt lid in order to receive a $100 prize. The company may predict a 20% response rate (i.e. 20% of all consumers will participate in the promotion and actively collect the yogurt ...
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Tarun Sobhani, co-founder and CEO of SingleInterface, told TechCrunch that the startup helps businesses grow their revenues by 15% to 20% using its products.
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