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MRP POLICY

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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 theSmarty 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 "Do Not Sell" (DNS) list. (Click Here to View DNS List) Distributors will be updated with the DNS list as frequently as required to keep them up to date.

1st time violators will be placed on the DNS list for a period of 1 week.

2nd time violators will be placed on the DNS list for a period of 1 month.

3rd time violators will be placed on the DNS list for a period of 90 days.

4th time time violators will be placed on the DNS 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 manufactures to adopt a policy regarding resale prices and to deal only with resellers that independently choose to follow the policy


So Again...

We are stressing that selling at or above MAP pricing and only to authorized dealers is the responsibility of the WD. These policies will be enforced. Reluctance on the part of a WD 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 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!