Margin Magic
One of the most powerful tools we've built for retailersSYM-PAC Margin Magic
SYM-PAC’s Margin Magic module is one of the most powerful tools we’ve ever built to help retailers apply the magic to their margins.
Margin Magic gives you the power of a spreadsheet built directly into your system — reacting to your data — live!
Select from a huge range of criteria options
- Decide what you’re going to work with — selecting from a huge range of criteria options — and then what you’re going to do with it.
Powerful access to researching your own “what if?” scenarios
- Examine “what if” scenarios — and immediately update your inventory pricing, right through to queueing updated shelf labels ready to print.
- Create your own custom Worksheet — adjust the rounding, or markups, or margin percentages — apply the adjustment you choose — and see the dollar results on-screen right away, so you can immediately decide if the “what if” is worth doing.
Advanced spreadsheet skills are not required
- No need for advanced skills in Excel spreadsheets and mathematical formulas for calculating price changes.
- The possibilities are endless for improving your pricing, and as a result, improving your sales results across your store.
Easy access to your own data for everyday ‘live’ analysis
- Make the analysis part of your day job: run SYM-PAC Margin Magic during trading hours! When you’re happy with your changes, and all is checked and OK’d, simply send the updated prices to the Managers Label Queue.
- Take your time printing the new price labels — only update the prices in the system when you’re ready to sell at Point of Sale with your new prices.
The Magic of Rounding …
For example, create a new Worksheet for Dept 001 (Hardware).
All the details for each product can be accessed at this point.
Products in the Worksheet can be sorted by
— GP%,
— markup,
— Buy Price,
— Sales
… and dozens of other criteria stored in SYM-PAC for each product.
The Magic of Margin Adjustment …
As an example, take all products in a department under $10 sell price, and increase their price by 15%.
— Proposed changed prices are listed in a different colour after the adjustment is applied.
— Individual products can be selected to include or discludein the operation.
For another example, for all items with a price of $10 or less, recalculate their sell price using a markup of 75%.
Now with Margin Presets!
We’re helping retailers to apply some science to their margins at the press of a button… SYM-PAC’s Margin Magic now includes Margin Presets.
See our latest enhancements for Margin Magic, here:
Watch now on SYM-PAC’s YouTube channel
Watch our range of learning videos about SYM-PAC’s Margin Magic now, including the new feature, Margin Presets:
Inventory
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