Spyderco Consumer Announcement

Makes you wonder if its because of dealers pressure that more n more companies enforce MAP

If so, its actually a kudos that they placed it at 40% which is standard online prices anyway.
 
Thought you might be interested in this information from Spyderco. (Sorry if this has already been posted.)

"We wanted to make everyone aware we are implementing a change for 2016 that you should hear directly from us. Spyderco will be implementing a Minimum Advertised Pricing (MAP) Policy with our retailers that will go into effect January 1, 2016."

http://www.spyderco.com/forumII/viewtopic.php?f=2&t=69166

I could be wrong and I am lousy with legalese, but I read it that no one can advertise a price below MAP, it doesn't say that they can't sell something below that price.
I've seen several web sites where you actually have to go to check out to see the price, if at that point you don't want the item you just cancel it. A bit of a pain in the butt but still I think it's a way around the issue.
 
Interesting. I will have to study up more on MAPS. I've heard benchmade get ripped for it. I'm not sure I understand why people refuse to buy from them once it's instituted?
 
While MAP doesn't cross into the illegal area of price fixing, it can mean less competition for the consumer.

For instance, has anyone found any NIB Benchmade knives being sold for less than their MAP at the regular online cutlery shops that are authorized Benchmade dealers? Not often if at all. At least in my experience. What MAP did for Benchmade is fix prices at that MAP but not cross the legal line.

No, this won't stop me from buying Spyderco knives I like just like it hasn't stopped me from buying Benchmades. It's just sad to hear Spyderco is joining in on this questionable business practice.
 
The use of MAP is to protect smaller retailers from the squeeze of juggernauts that are able to sell at rock-bottom prices because of their massive volume. Can it be bad? Yes, if implemented incorrectly. But it's an increasingly common thing in the age of online shopping, and for a good reason.
 
While MAP doesn't cross into the illegal area of price fixing, it can mean less competition for the consumer.

For instance, has anyone found any NIB Benchmade knives being sold for less than their MAP at the regular online cutlery shops that are authorized Benchmade dealers? Not often if at all. At least in my experience. What MAP did for Benchmade is fix prices at that MAP but not cross the legal line.

No, this won't stop me from buying Spyderco knives I like just like it hasn't stopped me from buying Benchmades. It's just sad to hear Spyderco is joining in on this questionable business practice.

This isn't the case most often, but selling something online might be a bit of a grey area since a listed price online is essentially an advertised price. BUT, I have seen retailers selling for less with a stipulation stating "add to cart for special pricing" and it will be their regular asking price.

All MAP does is state that a certain product can't be advertised below a certain price point to offer smaller shops, who can't buy in the volume as a larger store for a lower bulk rate, to compete.

If two stores (one large online vendor, and one mom and pop shop) have a $259 msrp, though the larger online vendor may have purchased a knife for $30 less per unit over 5k10k pieces. Where as a small mom and pop local place can only buy in for 50-100 knives they get hit for a higher price, but due to MAP the advertised prices remain the same (regardless of special added to cart pricing).
 
I think Benchmade's MAP is 15% off MSRP.
right?

Regarding Spyderco's foray into MAP:
Most online sellers are already at, or around 40% off MSRP so it shouldn't make too much difference. However, Spyderco has jacked up the prices on their new releases recently (a $100 jump for G10 over FRN on the ZDP Stretch?!? How stupid do they think we are?). So I think this new policy will affect those more so than the established models.

We shall see.

Yeah, I was going to get a Gayle Bradley a couple years ago, decided not to, then looked again recently. The price has gone up 50%, not sure about MSRP, but the price asked by retailer.
 
I for one am very happy about Map pricing coming down the pipe from Spyderco. You can not make everyone happy all the time but it makes it impossible to compete when some on line places are out there selling knives at a couple of dollars above what other dealers pay for them. Knife Knuts complain but also complain that there are no local knife shops anymore. With Map pricing at least smaller local knife shops will have a chance to compete and stay in business. Based on this pricing model the prices for most dealers will basically stay unchanged. I am hoping this policy also means that Spyderco will be making more knives in Golden Colorado.

Whitty, you nailed it brother!
 
Interesting. I will have to study up more on MAPS. I've heard benchmade get ripped for it. I'm not sure I understand why people refuse to buy from them once it's instituted?

I've been eyeballing a Benchmade Loco for a while, a local store has them, at internet prices! This has never happened before, and I'm more prone to buy at a local store than online.
 
Good luck unloading those Draper folders at $300 each. I'm sure people will jump all over spending Sebenza money on a production VG10 liner lock.

The Spyderco Mike Draper folder has a MSRP of $359.95 so the MAP would be $215.97 not $300.
 
We shall se what MAP will do to spyderco as time will tell. MAP dosent stop me from buying BM. If I like a knife and I can afford it I buy it.

Luckily I have a pretty decent knife shop down the way that caries all the brands I like and operate an internet site that they will match prices on. I like that I can go in there BS a bit with the staff, fondle some knives and get a BM for internet price and not have to think too hard and research all the dealers to know if I got a good price.

As much as MAP is seen as price fixing it is also a way to protect the consumer and control the integrity of the brand a bit. The market will speak in regards to pricing. If prices are set too high than people won't buy it and they will be forced to restructure.
 
The use of MAP is to protect smaller retailers from the squeeze of juggernauts that are able to sell at rock-bottom prices because of their massive volume. Can it be bad? Yes, if implemented incorrectly. But it's an increasingly common thing in the age of online shopping, and for a good reason.

A good reason for dealers who otherwise wouldn't be competitive. But certainly not a good reason for consumers.

Dealers will be challenged to come up with new ways to get the customer's Spyderco business. KnifeWorks throws in free Benchmade items. Knife Center and Knives Ship Free have bonus points plans which translate to tier discounts on orders. Some dealers add nice aftermarket scales or anodizing while still selling at MAP.

That's my thinking as well. Dealers will have to come up with creative ways to differentiate among themselves as price differences will no longer be available.

Welcome to the age of the dealer incentive.
 
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I don't understand all the marketing issues involved with MAP, but 40 percent off MSRP is not bad, although a company could play games with the MSRP. Plus, MAP isn't the lowest price a merchant can offer, just advertise.

However, Spyderco has a good reputation for integrity, and I give it the benefit of the doubt. Ultimately, it's the consumer response that will tell. Short term, I don't see it making much of a difference.
 
"View price in cart."
"Click to view price."
"Log in to view price."

Kind of makes MAP a pointless exercise. Other than inconveniencing the buyer, I'm not sure what purpose it serves.

Does it protect the small seller from the big guy? Well, all of the big guys have workarounds, and a lot of the little guys don't have them because they don't or can't spend the money to code their online shop software packages to do the same thing.

I'm sure MAP serves a purpose to someone, but I'm not seeing any real benefit for the consumer or the small guy sellers.

Spyderco's 40% policy seems reasonable enough, just general observations here.
 
I could be wrong and I am lousy with legalese, but I read it that no one can advertise a price below MAP, it doesn't say that they can't sell something below that price.
I've seen several web sites where you actually have to go to check out to see the price, if at that point you don't want the item you just cancel it. A bit of a pain in the butt but still I think it's a way around the issue.

This is the way I read it too. They can still go more than 40%, they just can't advertise it.
 
"View price in cart."
"Click to view price."
"Log in to view price."

Kind of makes MAP a pointless exercise. Other than inconveniencing the buyer, I'm not sure what purpose it serves.

Does it protect the small seller from the big guy? Well, all of the big guys have workarounds, and a lot of the little guys don't have them because they don't or can't spend the money to code their online shop software packages to do the same thing.

I'm sure MAP serves a purpose to someone, but I'm not seeing any real benefit for the consumer or the small guy sellers.

Spyderco's 40% policy seems reasonable enough, just general observations here.

You bring up something interesting...

BM for example "always" had MAP... It was when they enforced MAP that customers were impacted... And yes before enforcement, it was "add to cart to see price" deals going on.

Not sure yet if Spyderco will enforce MAP off the gate but it is highly probable that they will.I do miss those BM add to cart days hehe.
 
I can count with one hand (two, excluding Ebay/Amazon) how many dealers actually discount consistently deeper than 40%. The main people getting impacted it seems are the ones who revel in this news to pitch underhanded shots at Spyderco and forum members who shared their disapproval of MAP enforcement in the past.
 
First off: Nobody ever answered "MAP" to "How can we better serve our loyal customers?"

Secondly: We've already seen this in the ruthless world of flashlights. We'll end up with shady dealers offloading tons of stock on the sly to people who aren't dealers and can advertise it for whatever they want. People will start doing group buys by PM and using secret hand signals, while the "MAP Police" respond with ham-fisted, clumsy attempts to control the raw forces of economics and look bad in front of their customers. Then the good dealers, the ones playing by the rules, will be screwed. Meanwhile, the consumer pays more on average, and might even jump brands depending on the antics of the MAP Police and shady dealers. Savvy consumers who remain loyal will ultimately get the same deals they were getting before MAP--sometimes even better for unpopular models. But someone will accidentally post or leak the price, invoking the ham-fisted wrath of the MAP police, thereby completing the circle of life.

Some dealers will resent the manufacturer and probably a nice chunk of the loyal fan base will, too, again, depending on how aggressive they are with it.

So, from what I've seen, they risk a possibly huge quagmire for a negligible return. High risk, low reward.

(EDIT: And for the record, I've bought 7 Spyderco products in the last 3 days. Still a fan boy, but keeping my eye on the situation.)
 
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