Hebron, KY – August 19, 2009 – NuVo Technologies, the value leader in whole home audio, announced today that it has terminated two of its Preferred Dealers for unauthorized internet sales. One dealer based in Indiana sold NuVo equipment on Amazon.com to an end user in Oklahoma, while the other, based in Texas, sold a NuVo product on eBay.com.
As clearly stated in the dealers’ agreements with NuVo, Preferred Dealers are prohibited from selling NuVo products over the internet. They are further prohibited from selling NuVo products to third parties that intend, or that the dealer reasonably believes may attempt, to sell NuVo products via the internet, including sales made through auction and reseller sites like eBay. Preferred Dealers also agree not to merchandise or advertise NuVo products below retail price.
“NuVo has a zero-tolerance policy with regards to unauthorized internet sales of our products,” says Chris Westfall, NuVo’s vice president sales, USA. “Although it is difficult for us in this economic climate to terminate dealers, doing the right thing isn’t always the easy thing. These terminations demonstrate to the vast majority of NuVo Preferred Dealers who play by the rules that we will continue to take aggressive steps to protect their businesses and their margins.”
For more information about NuVo Technologies, please visit www.nuvotechnologies.com.