Implementing a Strong MAP Policy to Safeguard Your Brand’s Image
In today’s volatile eCommerce environment, your brand’s reputation and profits are both on the line. Currently, there’s a growing concern with countless unchecked resellers jeopardizing the integrity of online products. These resellers, by offering prices lower than the agreed-upon map policy, impose a limit on your brand’s sales potential while eroding your profit margins. […]
What is the beginning and ending point of the MAP Price? And what exactly is meant by an ‘advertised price’?
The concept of Minimum Advertised Price (MAP) is gaining popularity within the eCommerce community, encompassing both sellers and buyers. While it may seem straightforward, there’s more complexity to it than meets the eye. Many brands often ask questions like “Where does an ‘advertised price’ end?” or “When does it transition into ‘the price’?” when exploring […]
Leveraging MAP and MRP for Effective Online Retail Price Management
In today’s retail landscape, where online shopping surpasses traditional brick-and-mortar stores, it has become crucial to implement pricing strategies that effectively address the challenges posed by online distribution channels. Online resellers, with their low overhead and enticing price discounts on flagship and value items, have significantly impacted the market by driving volume to their online […]
Impact of Frequent Price Changes on MAP Compliance
Price changes used to occur annually, but in today’s rapidly evolving business landscape, they are becoming increasingly frequent and critical. Rising freight and raw material costs necessitate swift and efficient price adjustments. We recently spoke with a manufacturer who mentioned it took them approximately 60 days to implement a new price file. In […]