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Friday, May 20, 2011

physicians formula denies q!

here is some disappointing news for today. Physicians formula has posted on their facebook wall that they have instructed all retailers that they will no longer reimburse them for any $5 coupons
due to the fact that people have used them in conjunction with other offers and sales resulting in their product being sold at too reduced of a price. Boo, I dislike when companies pull their q's like this. As an accountant I can tell you that someone did not forecast correctly the possible future impact this would have on their bottom line. Whoever wrote the coupon language did not properly use correct language such as "cannot be combined in conjunction with any other sales, discounts,or coupons. Must be used only on full price items".
I love their products, but I can tell you that I am unlikely to ever purchase it again. Oh well, Maybelline, Almay, Covergirl...you guys just gained some bottom line from this couponer!

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