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renewal-at-birth

 
Marketing Dictionary: renewal-at-birth

advance renewal of a subscription ordered at the same time that payment for the current subscription is sent; abbreviated RAB. Many publishers offer RABs at special rates to increase cash flow and to extend the term of the subscriptions sold. RAB offers usually include wording such as "pay $12 for one year, or double your savings and get two years for only $18." RABs are not a major source of business relative to other sources such as cold mail promotions, because relatively few customers will accept the offer to double their purchase. However, their cost is so minimal as to make them one of the most profitable.

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Marketing Dictionary. Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more