In the competitive landscape of retail, maintaining a Minimum Advertised Price (MAP) policy is pivotal for success. As a retailer, understanding the nuances and mastering the implementation of MAP policies can significantly impact your brand’s position, profitability, and relationship with distributors. Why MAP Policies Matter MAP policies set the minimum price at which […]
Which Aspects Should You Take Into Account When Assessing Your Minimum Advertised Price (MAP) Policy?
With technological advancements in the digital space, evading minimum advertised price (MAP) policies has never been easier. Easy access to disruptive technology means that retailers could be dodging price monitoring activities by encrypting online prices, making personalized discount offers via email or social media, implementing coupons, instant rebates, and countless other ways that may catch […]