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Privacy Policy, Terms, MSRP & MAP

 

Shannon Fabrics highly regards the privacy and security of its customers and online visitors. Information collected through this site is solely for Shannon Fabrics use and will never be transferred, shared or sold to other companies or entities. Please feel safe that when you submit sensitive information via the website, your information is protected both online and offline.

Terms and Conditions

By accessing, browsing and/or using this site, you acknowledge that you have read, understood, and agreed to be bound by these terms and comply with all applicable laws and regulations. If you do not agree to these terms, please do not use this site. Shannon Fabrics makes no representation that this site or its contents are appropriate or available for use in any locations outside the United States. Those who choose to access the site from other locations do so on their own initiative and are responsible for compliance with applicable local laws. SHANNON FABRICS DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, WITH RESPECT TO THIS SITE OR ITS CONTENTS, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE AND WARRANTIES OF ACCURACY, TIMELINESS OR COMPLETENESS OF THIS SITE OR ITS CONTENTS.

None of Shannon Fabrics, any of its directors, employees, agents or representatives will be liable for damages (including, without limitation, any compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property and claims of third parties) arising out of or related to, and the use of, this site or its contents.

Copyright

All web site design, text, graphics, the selection and arrangement thereof, copyright© 2022 Shannon Fabrics All rights reserved.

Trademarks

Shannon Fabrics Inc., all product names, and all page headers, custom graphics, and button icons contained on this site are service marks, trademarks, and/or trade names of Shannon Fabrics. All other trademarks, service marks and companies names or logos cited herein are the property of their respective owners.

MSRP vs. MAP 

MSRP stands for Manufacturer's Suggested Retail Price. It refers to the price that the manufacturer recommends a retailer should charge for a particular product. Retailers are not obligated to sell the product at the MSRP and may offer discounts or set their own prices based on factors such as market demand, competition, and their own pricing strategies.

MAP stands for Minimum Advertised Price. It is the lowest price that a retailer is allowed to advertise or publicly promote a product for sale. MAP pricing is typically set by the manufacturer or supplier of the product to maintain a certain level of pricing consistency among retailers and protect the brand image and value of the product. While retailers can still sell the product below the MAP price, they are restricted from advertising or promoting the lower price. This helps prevent price wars and protects the margins of all retailers. MAP policies are commonly used in industries where brand reputation and pricing control are crucial. By implementing MAP pricing, manufacturers can ensure that their products are not devalued through excessive discounting and maintain a level playing field among retailers.

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