explain MSRP

[Oomee]

Ok then , how are the UK or the USA government going to take a Chinese company to task ?
Yes , another flippant rhetorical question, as the answer is they cannot and they will not .
Otherwise they would be stamping their boots all over the orient over copyright ... helloooo ChIPad etc.

Now I do wonder about your company story there , something seems amiss .
As the devil is in the detail and such would be far too an invasive line of questioning we'll leave that one there .
Just to note , I am not calling into question your honesty . I can imagine that it would happen , but you'd have to be in the wrong place at the wrong to time, to use a vernacular .

 

[Penn]

It isn't legal for a manufacturer to set a retail price. It has been determined in courts. However the manufacturer can take certain steps to coax the retailer into going along with their MSRP.

The maker can refuse to sell to a retailer if the retailer doesn't go along. They can also refuse to honor warranties. There is also other steps but since those 2 are usually enough for a retailer to go along, no need to go into how MSRP is a "rule" instead of a suggestion.

The other side, MSRP's usually exist to protect the market as a whole. I am not going into a detailed analysis of how markets work to explain that. Maybe someone else can put it in a nutshell but selling quality products and services for too low of a price will eventually harm any market.

 

[Coastal Cowboy]

It's all part of the terms and conditions set by the manufacturer. If you want to sell their products, you have to agree to their terms and conditions. You can either accept and abide by the T&C, or you can choose to purchase stock from another supplier.

Research and development for new products is time consuming and expensive. Manufacturers want to protect their patents and trademarks by ensuring that pricing is relatively uniform across all markets. This allows them to quickly spot counterfeiters and take appropriate action to protect their intellectual property while insuring a healthy, thriving market for their products and ease of comparison between competitors.

In many cases, the MSRP is below the price that vendors can charge and make a profit.

If you see someone selling [insert $300 item here] for $100, you know that someone is selling a counterfeit product because there's no way they paid the manufacturer the amount agreed upon in the standard T&C.

 

[Zipslack]

I always thought of MSRP as a suggestion. Just like buying cars...I wouldn't pay the MSRP and I can't even imagine why people would consider that the REAL price.

Maybe they could just say they were "having a sale". Yeah, that's the ticket... a sale!

 

[Tatsel_Morte]

We need an american fasttech! Somebody want to setup a front company to purchase? ....How does the manufacturer even know what the vendor is selling them for atleast for a B&M store. If it's an online store it's only obvious.

I'm game! I want to open my own business anyway, preferably a vape-based business, but their are a lot of B&M's in my area...

 

[Oomee]

Another little thought about expecting our government ministers and departments of trade and industry to protect us .
Remember the fight we all have on our hands trying to stop the same said members of government from selling our health for tobacco profits .

 

[peterforpats]

It's all part of the terms and conditions set by the manufacturer. If you want to sell their products, you have to agree to their terms and conditions. You can either accept and abide by the T&C, or you can choose to purchase stock from another supplier.

Research and development for new products is time consuming and expensive. Manufacturers want to protect their patents and trademarks by ensuring that pricing is relatively uniform across all markets. This allows them to quickly spot counterfeiters and take appropriate action to protect their intellectual property while insuring a healthy, thriving market for their products and ease of comparison between competitors.

In many cases, the MSRP is below the price that vendors can charge and make a profit.

If you see someone selling [insert $300 item here] for $100, you know that someone is selling a counterfeit product because there's no way they paid the manufacturer the amount agreed upon in the standard T&C.

"Manufacturers want to protect their patents and trademarks by ensuring that pricing is relatively uniform across all markets." this makes no sense - how is a patent protected or a trademark infringed by a vendor selling a product for less than the manufacturer wants? the vendor is paying the agreed upon price anything after that is flat out price fixing. if I could buy a brand new lexus for $25k how does Toyota get harmed? either it is a wanted product or not. once I buy anything if I want to sell it for any price to anybody why can't the manufacturer demand I get a certain price- they can't nor should they be able to. once the sale is complete the goods belong to whomever paid for them. the product I was looking for was a Russian 91%- all the vendors are now engaged in price fixing because the manufacturer demands it. it should be illegal....

 

[Oomee]

Hang on !!!!!!!!!!!!!!!
You want to be protected against price fixing so you can buy a product of copyright infringement !!!

To quote Gordon Ramsey "Well f... me" .

 

[Coastal Cowboy]

"Manufacturers want to protect their patents and trademarks by ensuring that pricing is relatively uniform across all markets." this makes no sense - how is a patent protected or a trademark infringed by a vendor selling a product for less than the manufacturer wants? the vendor is paying the agreed upon price anything after that is flat out price fixing. if I could buy a brand new lexus for $25k how does Toyota get harmed? either it is a wanted product or not. once I buy anything if I want to sell it for any price to anybody why can't the manufacturer demand I get a certain price- they can't nor should they be able to. once the sale is complete the goods belong to whomever paid for them. the product I was looking for was a Russian 91%- all the vendors are now engaged in price fixing because the manufacturer demands it. it should be illegal....

Did you even read my post? It's to make sure that authorized retailers are selling authorized products at a price agreed upon. It's not about Lexus harming Toyota harming Kia. It's to make sure Kia's aren't rebranded and sold as Lexus' at Kia prices. If they are, Lexus spots them and knows where to go from there.

And unless it's a forced transaction (hello, Obamacare), no market transaction should be made illegal. As long as a willing seller and a willing buyer agree on a price, let the market do its thing. The good products are sorted from the bad; the good manufacturers and service providers are sorted from the bad and the consumer eventually figures out what to buy and where to buy it.

Anything else is ideological nonsense.

 

[vicflo]

"Manufacturers want to protect their patents and trademarks by ensuring that pricing is relatively uniform across all markets." this makes no sense - how is a patent protected or a trademark infringed by a vendor selling a product for less than the manufacturer wants? the vendor is paying the agreed upon price anything after that is flat out price fixing. if I could buy a brand new lexus for $25k how does Toyota get harmed? either it is a wanted product or not. once I buy anything if I want to sell it for any price to anybody why can't the manufacturer demand I get a certain price- they can't nor should they be able to. once the sale is complete the goods belong to whomever paid for them. the product I was looking for was a Russian 91%- all the vendors are now engaged in price fixing because the manufacturer demands it. it should be illegal....

Judging by your OP and responses, i am not sure you will agree with any reasoning, most of which others posted are spot on and correct. Everything from a stick of gum to a car has an MSRP Without going into in depth detail on how the retail market works... google may give you an idea... by your logic the "ideal market" would end up everyone shopping at Wal Mart and everything being made in china (not even trying to be funny but majority of the household retail market is already headed this direction). Sticking closer to MSRP helps balance out pricing between large retailers and small mom and pop shops.

ie.wal mart selling an item well under MSRP for minimal profit but in high volume.
mom and pop sells same item for right under MSRP because they cant buy at same discounted volume = out of business.

This retail model has been around for well before anyone here was born and will not change in the years to come. If you make it illegal... god help us all.... I hate wal mart. Im more surprised that a chinese company actually cares about MSRP and doesnt just FASTTECH all of their products.

 

[Coastal Cowboy]

Judging by your OP and responses, i am not sure you will agree with any reasoning, most of which others posted are spot on and correct. Everything from a stick of gum to a car has an MSRP Without going into in depth detail on how the retail market works... google may give you an idea... by your logic the "ideal market" would end up everyone shopping at Wal Mart and everything being made in china (not even trying to be funny but majority of the household retail market is already headed this direction). Sticking closer to MSRP helps balance out pricing between large retailers and small mom and pop shops.

Some people think money grows on the trees in the back yards of rich people, and that those trees were fertilized with the blood, sweat and tears of the little man.

My business was built with my own blood, sweat and tears. I charge rates that the market will bear and have never held a gun to the head of any of my clients.

I eat what I kill. Some people think that because I'm eating so well, they deserve some too. After all, it's not fair that I can charge exhorbitant rates, put a nice roof over my family's head, spend my weekends in a Sin Palace on the water, buy fancy electronics, put my kids in private schools (ain't no government school ever gonna educate my younguns), drive a big honkin' truck while they sit and whine about "big tobacco, big pharma, big oil and big boogers."

Those kinds of people like the government that we have, despite the fact that the government we have is plotting to take away the very reason for the existence of ECF. Congratulations, progressives.

Maybe it's time for some people to rethink their concept.

 

[peterforpats]

Did you even read my post? It's to make sure that authorized retailers are selling authorized products at a price agreed upon. It's not about Lexus harming Toyota harming Kia. It's to make sure Kia's aren't rebranded and sold as Lexus' at Kia prices. If they are, Lexus spots them and knows where to go from there.

And unless it's a forced transaction (hello, Obamacare), no market transaction should be made illegal. As long as a willing seller and a willing buyer agree on a price, let the market do its thing. The good products are sorted from the bad; the good manufacturers and service providers are sorted from the bad and the consumer eventually figures out what to buy and where to buy it.

Anything else is ideological nonsense.[/QUOT

 

[peterforpats]

Did you even read my post? It's to make sure that authorized retailers are selling authorized products at a price agreed upon. It's not about Lexus harming Toyota harming Kia. It's to make sure Kia's aren't rebranded and sold as Lexus' at Kia prices. If they are, Lexus spots them and knows where to go from there.

And unless it's a forced transaction (hello, Obamacare), no market transaction should be made illegal. As long as a willing seller and a willing buyer agree on a price, let the market do its thing. The good products are sorted from the bad; the good manufacturers and service providers are sorted from the bad and the consumer eventually figures out what to buy and where to buy it.

Anything else is ideological nonsense.

first of all Toyota is lexus. selling a kia as a lexus is fraud but what does that have to do with the price you can buy either a lexus or kia? my question was a simple one- once you own something why can't you sell it or donate it or destroy it or do whatever you want with it. why is a business any different than an individual in this regard? as far as cloning or copies that is a problem between manufacturers not the end consumer. if its for sale as a copy or clone and is not being sold as the original than it is up to the customer to decide whether they want to buy it or not. manufacturers need to go after each other if they feel wronged. it is funny in vape gear no one seems to stop anybody from doing anything production- wise and I am personally grateful for it.

 

[peterforpats]

Did you even read my post? It's to make sure that authorized retailers are selling authorized products at a price agreed upon. It's not about Lexus harming Toyota harming Kia. It's to make sure Kia's aren't rebranded and sold as Lexus' at Kia prices. If they are, Lexus spots them and knows where to go from there.

And unless it's a forced transaction (hello, Obamacare), no market transaction should be made illegal. As long as a willing seller and a willing buyer agree on a price, let the market do its thing. The good products are sorted from the bad; the good manufacturers and service providers are sorted from the bad and the consumer eventually figures out what to buy and where to buy it.

Anything else is ideological nonsense.[/QUOT

you really want to argue obamacare on a vaping forum? what do you do show up at the emergency room and expect everyone else to pay for it? do you have car insurance? why? oh never mind , you self righteous know everything

 

[Oomee]

"Manufacturers want to protect their patents and trademarks by ensuring that pricing is relatively uniform across all markets." this makes no sense - how is a patent protected or a trademark infringed by a vendor selling a product for less than the manufacturer wants? the vendor is paying the agreed upon price anything after that is flat out price fixing. if I could buy a brand new lexus for $25k how does Toyota get harmed? either it is a wanted product or not. once I buy anything if I want to sell it for any price to anybody why can't the manufacturer demand I get a certain price- they can't nor should they be able to. once the sale is complete the goods belong to whomever paid for them. the product I was looking for was a Russian 91%- all the vendors are now engaged in price fixing because the manufacturer demands it. it should be illegal....

Hang on !!!!!!!!!!!!!!!
You want to be protected against price fixing so you can buy a product of copyright infringement !!!

To quote Gordon Ramsey "Well f... me" .

Just asking the OP to reply to this .
C'mon on now , don't hide your light under a bushel

 

[peterforpats]

Just asking the OP to reply to this .
C'mon on now , don't hide your light under a bushel

sure. I repeat- the issue of clones is between manufacturers not consumers. I know the Russian 91% is a knockoff. no one is telling me it is the original made by svoemesto. I know the price for both and I choose to buy the cheaper, better product. if the two manufacturers want to fight it out that's their business not mine. they are both offered for sale and I picked one. if they fought in court and one won and the other one wasn't for sale anymore than I wouldn't be able to purchase it. simple.... who said anything about copyright infringement? show me where it has been alleged and/or proven, except, of course, in your mind.

 

[VV_James]

I always thought of MSRP as a suggestion. Just like buying cars...I wouldn't pay the MSRP and I can't even imagine why people would consider that the REAL price.

Maybe they could just say they were "having a sale". Yeah, that's the ticket... a sale!

As i mentioned earlier, We do not believe in price fixing!
So We do in fact sell sell the product we purchase directly from manufacturers for whatever price we decide to sell them at.

The eVic Starter Kits we sold for $59.99 were, IN FACT, genuine JoyeTech eVic starter kits...
The eVic control heads we sold for $49.99 were, IN FACT, genuine JoyeTech eVic control heads...

Even though Joyetech "Demands" a minimum sell price of $180 and $75 respectively!
Yeah, Joyetech was not pleased when someone called and tattled on us, but we did it anyway, and kept doing it until we ran out of stock...
Oh, and in spite of their threats, we still receive shipments directly from Joyetech!

Because when push comes to shove, they can't keep running that factory without vendors to sell their goods...

 

[peterforpats]

As i mentioned earlier, We do not believe in price fixing!
So We do in fact sell sell the product we purchase directly from manufacturers for whatever price we decide to sell them at.

The eVic Starter Kits we sold for $59.99 were, IN FACT, genuine JoyeTech eVic starter kits...
The eVic control heads we sold for $49.99 were, IN FACT, genuine JoyeTech eVic control heads...

Even though Joyetech "Demands" a minimum sell price of $180 and $75 respectively!
Yeah, Joyetech was not pleased when someone called and tattled on us, but we did it anyway, and kept doing it until we ran out of stock...
Oh, and in spite of their threats, we still receive shipments directly from Joyetech!

Because when push comes to shove, they can't keep running that factory without vendors to sell their goods...

thank you for being a stand-up vendor- quite frankly, I would now say I will use you site, but right now in my vaping journey I am into rbas and supplies and your site doesn't seem geared for that stuff. but keep up the good work....

 

[VV_James]

thank you for being a stand-up vendor- quite frankly, I would now say I will use you site, but right now in my vaping journey I am into rbas and supplies and your site doesn't seem geared for that stuff. but keep up the good work....

We truly appreciate it. Right now our target market is primarily smokers, 1st time and intermediate vapers... So we currently don't carry any big battery mods, and the L-Rider Robust is the only true VV mod we currently carry.

However, we do intend to expand our product line in a future phase, I'm just not sure when or exactly what the boss has in mind...

 

[Oomee]

sure. I repeat- the issue of clones is between manufacturers not consumers. I know the Russian 91% is a knockoff. no one is telling me it is the original made by svoemesto. I know the price for both and I choose to buy the cheaper, better product. if the two manufacturers want to fight it out that's their business not mine. they are both offered for sale and I picked one. if they fought in court and one won and the other one wasn't for sale anymore than I wouldn't be able to purchase it. simple.... who said anything about copyright infringement? show me where it has been alleged and/or proven, except, of course, in your mind.

Hehe , your aloof, patronising, sophistry isn't an effective camouflage for a lack of principles .