MAP Monitoring: Strategies for Retailer Pricing Surveillance
What is MAP Monitoring? MAP monitoring, short for Minimum Advertised Price monitoring, involves manufacturers and brands closely tracking the prices set by retailers and resellers. This ensures adherence to their Minimum Advertised Pricing (MAP) policy, which establishes the lowest price sellers are allowed to publicly display. Manufacturers and brands must consistently monitor individual retailer stores, […]
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 […]