3 Tips To Avoid While Enforcing Your MAP Policy
First, let me appreciate you. It’s a great idea that you decided to maintain a MAP, minimum advertised price.But be careful, because making the policy is not everything you’ve to create a full setup for you’re to monitor all the retailers who are associated with you. In this blog I’ll briefly discuss the 3 tips that you should maintain enforcing the MAP policy. So, let’s get started with the tips...
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Avoid
Setting Unreal Expectations:-
The aim is to MAP, minimum advertised price means creating such a price range that the retailers are
bound to maintain. Or else, you have full right to take some serious legal
actions against the retailer. But you need to be more conscious when making
that policy. You have to keep it realistic, otherwise your business will never
grow.
- You Must Make Policy Not
Agreement:-
Make sure you’re preparing a policy
paper. Not an agreement paper. By setting a MAP policy, you’re allowing your
retailer to know more about your brand. About the ethics of your brand, your
business strategies etc. You are just discussing. So there is no need to sign
the paper. If you still want any evidence that that make a separate paper which
mentions that they got the MAP policy paper or not.
- Try To Say Advertised Price:-
When you make the policy, be very
sure that you are making a MAP policy, which means advertising price, not a
sales price. Make it a habit and make other people of your business to gain
that habit. This is one of the simple things to maintain but very crucial
though.
Rolling up,
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