FROM HAGEN....A FAQ RESPONSE TO MAP
Effective May 1st, 2007 Hagen implemented a
Minimum Advertised Price Policy. Simply put, this
sets a minimum price that Hagen products can be
advertised for.
We have taken great measures to encourage retailers
to provide high levels of customer service and to provide some
protection from Internet discounters who reduce prices without
regard for service.
What does this mean for you?
The end of large disparities in advertised prices
between the Internet and your store is near (at
least, where Hagen products are concerned).
We are not just preaching our
belief in your business; we are
practicing it and hope that we
will earn the right to do more
business!
MORE
Our Minimum Advertised Price policy is another resource that we feel will lead to your
success in todays marketplace. The goal of our M.A.P. policy is to end the pricing gap between
discount outlets and full service retail locations. M.A.P. policies work by establishing pricing
limits on advertised products. Advertising is defined in our policy as published prices distributed
to the public. Distribution to the public includes flyers, direct mailings, internet publishing as
well as traditional advertising mediums such as newspapers, radio and television. Our M.A.P.
policy in no way determines the actual retail price. M.A.P. prices are established using a simple
formula based on Dealer Cost and MSRP.
Our pricing policies are not intended to inhibit the free market approach to retail pricing
structures. By setting and maintaining certain price policies, we are able to establish a true retail
value for our products, while at the same time, leveling the playing field for all of our retail
partners. This is especially true for our high end filtration and lighting products such as Fluval
FX5 Filters and GLO T5HO lighting. By establishing pricing limits, consumers will naturally
gravitate towards the best service outlets. Thus, retailers will no longer be competing based on
the price factor alone.With a level pricing structure, consumers will no longer have to choose
between great customer service and price.