Intrigued why GG cash back % range from 1.7% up to 3.2%, I assume this roughly equates to their profit margin?
I’ve noticed this on other Cash Back stores too. E.g. Dan Murphy’s have a 3.5% cash back on wine, versus 2% on spirits.
Opinions please re why a tiered cash back versus a flat rate?
Cashback on Cooking: 2.10 %
Cashback on Dishwashers: 1.80 %
Cashback on Fridges and Freezers: 2.30 %
Cashback on Health And Grooming: 2.30 %
Cashback on Heating and Cooling: 2.00 %
Cashback on Kitchenware: 3.20 %
Cashback on Laundry: 2.20 %
Cashback on Microwaves: 2.00 %
Cashback on Small Kitchen Appliances: 2.00 %
Cashback on Tech: 1.70 %
Cashback on TVs: 2.30 %
Cashback on Vacuums: 2.60 %
Cashback BBQs: 1.70 %
diff cat diff margins