Maximizing MAP Pricing Oversight for Extensive Product Catalogs: Three Proven Strategies
Monitoring and Enforcing Your MAP Pricing Strategy When it comes to initiating or enhancing the monitoring and enforcement of your brand’s Minimum Advertised Price (MAP) policy, it can be quite a challenge, especially if your online product catalog boasts thousands of SKUs. How can you efficiently handle such a vast catalog while also keeping a […]
How Your MAP Policy Might Misguide Resellers: Understanding the Impact of Minimum Advertised Pricing
MAP policies are crucial for manufacturers to safeguard their brands from price erosion and maintain control over their product pricing. These policies offer several benefits, such as leveling the playing field for resellers, preventing price and revenue deterioration, and safeguarding brand perception and overall value in the marketplace. However, a MAP policy that […]
Unlocking the Power of Your Brand with MAP Pricing
MAP, which stands for Minimum Advertised Price, is a crucial concept in the retail industry. It enables brands to set a lower limit on the prices at which their products are sold to consumers. By implementing MAP pricing, brands ensure that sellers, whether large retailers or small independent marketplace sellers, adhere to the […]
Persisting MAP Violations: The Reasons Behind Them
When a manufacturer implements a pricing program and diligently enforces it, they often hope to enjoy a period of smooth sailing. However, violations tend to reappear almost immediately, leading to dealers’ complaints and finger-pointing. Re-establishing compliance the second time around is even more challenging than the first. So, what causes these violations to persist? […]