When Did Resellers Check a List of My Suggested Prices Last?
Competera Pricing Expert
You know it doesn’t really matter when they checked it last. The main question is “Do they violate the recommended retail prices or not.”
There are three major ways you can get an answer for this crucial question:
- Ask a retailer.
- Hire a manager who will control violations.
- Apply MAP-monitoring and reporting solution.
You'll definitely know how wrong the first two of the mentioned paths are. Human error is not the best partner you can rely on, in a data quality sector.
In the meantime, it’s absolutely possible to make your retail partners be more transparent for your business, and get full-length information about providing minimum resale price policies with the help of a MAP monitoring service. It’s especially useful when the MAP price monitoring is done automatically and a supplier gets an alert notification on every single MAP violation.