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features
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support

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Write a Review

Description

Margin Master is a cutting-edge platform for retail pricing optimization aimed at empowering retailers to revamp their pricing approaches through intelligent analytics, automation, and dynamic “what-if” simulation features that enhance margins and overall profitability. The platform focuses on effective management of pricing strategies, enabling users to set rules at various levels such as store, department, class, or commodity group, and automatically implement these rules throughout their inventory, significantly reducing the time spent on manual price changes by facilitating weekly and bulk updates along with bin tag generation. Additionally, it offers real-time impact assessments that illustrate the anticipated financial outcomes of price adjustments on both annual and monthly bases while allowing for multiple scenario analyses, enabling decision-makers to confidently evaluate different strategies. With tools for competitive analysis and item segmentation, retailers can classify products based on their sensitivity and market positioning, allowing them to adjust pricing in relation to competitors while also pinpointing key strategic items, such as traffic influencers or high-margin stock-keeping units, that can drive sales and profit. Overall, this comprehensive suite of features equips retailers with the necessary tools to make informed pricing decisions in an ever-evolving market landscape.

Description

Pricing software solutions provide entry-level Price Management, through to the most complex Price Optimization and Automated Rules Based pricing needs. The system can then forecast the likely outcomes for different prices. This solution combines all elements of pricing in today's market to implement and optimize Hi/Low, EDLP, or a combination of those strategies through line items, brand, supplier and category rules and differentials. It also includes performance targets. Price optimization allows you to maximize your portfolio's profit, margin, or contribution. We can optimize regular and promotional pricing separately or concurrently, and on demand, without having to take into account the effects of other revenue optimization products.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Paladin POS Yes 

Integrations

Paladin POS No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

RetailerSoft

Founded

2002

Country

United States

Website

marginmaster.com/marginmaster

Vendor Details

Company Name

Retail Express

Founded

2004

Country

United Kingdom

Website

www.retailexpress.com

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

Retail Management

CRM Yes 
Commission Management Yes 
Email Marketing Yes 
Employee Management Yes 
Loyalty Program Yes 
Mail Order Yes 
Merchandise Management Yes 
Multi-Location Yes 
Order Management Yes 
Purchase Order Management Yes 
Reporting/Analytics Yes 
Returns Management No 
eCommerce Yes 

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Alternatives

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