Superprem Industries Ltd. (“Pearl”) is a respected distributor and brand. We are committed to developing and maintaining strong partnerships with our Dealers. To support our Dealers and to ensure that we consistently deliver a high level of customer satisfaction, Pearl has unilaterally adopted a Minimum Advertised Price (MAP) Policy, which is effective immediately.
The Minimum Advertised Price (MAP) is equivalent to the current Manufacturer Suggested Retail Price (MSRP), or the sales price, that has been circulated and is available on our website. Dealers may not list Pearl Products below the applicable MAP, or advertise discounts where the resulting sale price would be lower than the applicable MAP. This policy only concerns the advertised price of Pearl Products and does not set or limit the ultimate sales price to any purchaser of Pearl Products. This policy includes all forms of media advertising, including internet advertisements.
Changes to the MSRP pricing may happen at the discretion of Pearl. Dealers will be informed in writing of these changes and will have two (2) business days to update their advertised prices. Dealers must ensure that these changes are made.
Violations of this policy shall be determined by Pearl at its sole and absolute discretion. Pearl reserves the right to take any action with respect to violations of Pearl’s MAP Policy. Violators will be notified by Pearl and will have two (2) business days to remedy the pricing back to the respected MAP.