Smarty Performance King SA MRP POLICY
When will the new pricing policy go into effect?
Smarty Performance King SA MRP pricing and sales policy will go into effect January 1st, 2015
Why is Smarty Performance King SA introducing the new MRP policy?
Smarty Performance King SA is introducing a new MRP pricing policy at the retail level to maintain the long-term strength of its brand name, to make sure that only quality dealers carry the products and to make sure there are sufficient margins for these valuable wholesale distributors and dealers to continue to support the Smarty Performance King SA / Smarty products.
What is the new pricing policy?
Smarty Performance King SA pricing policy establishes minimum resale prices – the price a consumer actually pays – forSmarty Performance King SA / Smarty products. In addition, the new policy dictates new rules regarding sales on eBay, Amazon, and other website sales tools.
How can the Smarty Performance King SA MRP pricing policy be violated?
If you sell a Smarty Performance King SA / Smarty product below the MRP pricing policies - the price a consumer actually pays for the product – you will violate the Policy. The consequence for failing to follow the MRP policy is that you will no longer be able to purchase Smarty Performance King SA / Smarty products.
Violators will be contacted and given 48 hours to comply with the pricing policy. It is the duty of the violator to correct all violations, then contact SmartyResource by email, including links to corrected violations
In the event the violation is not corrected in the manner described, the violator will be listed on our "Policy Violator" listing. Please view our Policy Violator Listing . Distributors will be updated with the Policy Violator's list as frequently as required to keep them up to date.
1st-time violators will be placed on the Smarty Policy Violator list for a period of 1 week.
2nd-time violators will be placed on the Policy Violators list for a period of 1 month.
3rd-time violators will be placed on the Policy Violator's list for a period of 90 days.
4th-time violators will be placed on the Smarty MRP Violator list permanently.
Are there any discounts allowed?
The Smarty Performance King SA MRP pricing policy allows for free installation, free shipping, and free dynamometer tests – these free services are not counted as discounts. All other discounts that bring the price paid for the product below MRP are violations of the policy. Examples of violations include discount that would bring the net-realized price paid to below the MRP price. Examples include but are not limited to, offering 10% off the MRP price, a coupon to be used on a future purchase, instant or mail-in rebates, free Diesel card, etc.
Are E-Bay / Amazon sales allowed? Ebay is permitted at a “Buy It Now” at or above MRP, “NO AUCTIONING”. Because of the lack of technical customer support, Smarty Performance King SA does not encourage E-Bay sales.
Are Amazon, Craigslist or other similar website sales allowed? Amazon, Craigslist or any similar website sales are not allowed.
Do you sign the pricing policy?
You DO NOT sign our pricing policy – this is unilateral policy – meaning we announce it and you decide on your own whether to sell at that price or not sell the product. This is legal. U.S. antitrust law states that it is lawful for manufacturers to adopt a policy regarding resale prices and to deal only with resellers that independently choose to follow the policy.
We are stressing that selling at or above MAP pricing and only to authorized dealers is the responsibility of the Wholesale Distributor. These policies will be enforced. Reluctance on the part of a Wholesale Distributor to comply with these policies will result in stern repercussions.
Smarty Performance King SA insists upon fair selling practices. We continue to persist on enforcing the policy by whatever means are necessary to make it fair across the board for our authorized sellers, as well as fairness to the customers who purchase Smarty Performance King SA / Smarty products. Sellers must follow the letter of the law, as well as the spirit of the law. Thank you for your cooperation!