Enforcing Your MAP Policy: A Comprehensive Guide
WHAT IS A MAP POLICY? Let’s start by clarifying what MAP stands for: minimum advertised price. This represents the lowest price at which a product can be publicly displayed by a retailer, without imposing restrictions on the actual selling price. A minimum advertised price, or MAP policy, is a unilateral offering enacted by a manufacturer […]
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 […]