MAP
What is MAP?
- Added on December 19 2023
- https://chat.openai.com/g/g-J2W0jjzQv-map
How to use MAP?
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Step 1 : Click the open gpts about MAP button above, or the link below.
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Step 2 : Follow some prompt about MAP words that pop up, and then operate.
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Step 3 : You can feed some about MAP data to better serve your project.
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Step 4 : Finally retrieve similar questions and answers based on the provided content.
FAQ from MAP?
MAP stands for Minimum Advertised Price and is the lowest price that retailers are allowed to advertise for a product. MAP is generally set by the manufacturer and retailers are not allowed to advertise prices below MAP. This helps to protect the manufacturer's brand and prevents retailers from using aggressive marketing tactics to sell products.
You can usually find out your product's MAP by contacting the manufacturer or asking retailers. The manufacturer will generally specify the MAP in a written agreement such as a distribution contract or price list they provide to retailers. If you are a retailer, you should ask your manufacturer if any MAPs apply to your product.
Having a MAP helps to protect the manufacturer's brand and maintain price consistency across retailers. It also helps to keep marketing costs low by discouraging retailers from using aggressive pricing tactics such as deep discounts or excessive promotional pricing. Finally, having a MAP helps to ensure that prices remain competitive, while allowing manufacturers to maintain their brand's value.