Minimum Advertised Price Policy
Purpose:
This policy is established to safeguard the integrity of the Necromolds product line and our network of retailers.
Scope:
The Necromolds LLC Minimum Advertised Price Policy (MAPP) applies to various advertising mediums including, but not limited to, catalogs, direct mail, websites, in-store displays, and any electronic medium available.
Minimum Advertised Price (MAP) Requirement:
- Your minimum advertised price must equal to or exceed the Necromolds LLC Manufacturer Suggested Retail Price (MSRP) for every product.
- Any form of discounting that leads to a net advertised price lower than the MSRP through rebates, coupons, percentage discounts, or any other means will be deemed non-compliant with the MAPP.
Non-Compliance Procedure:
- Notification: Necromolds LLC will contact any party found to be advertising a Necromolds product below MSRP, indicating non-compliance.
- Correction of Pricing: The party must correct the advertised pricing within three business days of notification.
- Consequences of Non-Compliance: If the advertised pricing remains unchanged after three days: Necromolds LLC will cease to supply the party and/or its distributor.