Updated 15 September 2022
This policy applies to Price Promotions (PP) online.
A PP is where a price discount is crafted by the retailer and offered online- whether on a 3rd party platform like Shopee, or on the retailer's own website or social media page. It can be direct (where a product is marked as having X% discount) or indirect (creative bundling, or other incentives). Both direct and indirect Price Promotions are still considered Price Promotions if the principle incentive offered to the consumer is a reduced / discounted pricing from the Recommended Retail Price (RRP).
Ad Hoc Price Promotions (AHPPs)
Penalties
Non compliance will result in an Official Notice being issued.
After 2 Official Notices, we may choose to cease supply, and/or raise prices.