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The Margin Managers @ Resurg
Uncovering your hidden profits
The Resurg Group has a long and proud association with the Australian Hardware Industry and is delighted to bring to you The Margin Managers @ Resurg. The Margin Managers @ Resurg has developed a program tailored to the hardware industry and customised to each hardware store whether it is a $1 million dollar store or a $100 million dollar store. The results are the same; make more money with less effort.
There are 3 goals for the program:
- Maximise your margins using clever and simple
pricing strategies
- Automatically receive comparative market pricing for every SKU on a monthly basis
- Achieve your bottom-line profit goals quickly and
with less effort.
Our technology can tap into every point of sale (POS) system, making price changes quick and simple.
Here are 7 reasons why you need
The Margin Managers @ Resurg
- Receive monthly updates of market pricing by
product line
- Beat the competition by understanding “what the market will bear” and where the pricing opportunities are
- Develop, maintain and implement the right pricing strategies to maximise your margins
- Quickly get rid of obsolete, discontinued and
overstocked inventory
- Understand your least and most profitable product lines by reviewing gross margins and stockturns
- Determine areas to focus on to maximise
bottom-line profit
- Always know average store margin based on your current cost, retails and last twelve months sales
Big Box retailers are masters of this — they price selected items low to attract the customer, and charge significantly higher margin for other blind and non-competitive items.
What would the impact be if I rounded all my non-sensitive items to 99 cents instead of 95 cents?
What our clients say about us?
Mike Coates
Coates Mitre 10
“Just as a starting point I have increased margin 5% through price rounding improvements alone. Margin Master provides
me with the ultimate tool to maximize price and profits while maintaining my price image in the market. It is about knowing where opportunities exist to maximize margin and being able
to make price changes quickly. It is making me money
every day.”
Ben Baude
Eastcoast Plumbing Group
"We implemented Margin Master across all our stores 12 months ago. It has made our departmental margin management much easier, improved the discipline of our pricing, and most importantly grown our gross profit result without any impact on the perception our customers have of our prices."
Nick Clark
Maclean Home Timber and Hardware
“Margin Master has been installed in our store, and though it is early days yet, the possibilities are enormous and I cannot wait for Comparative Pricing. Combined with our sales growth the improvement in our margins will result in a superior EBIT, generating extra cashflow for expansion and for capital works.”
Jeff Hitchins
TM&H Timber & Hardware
“I have signed up with Margin Master and Resurg and already
I see great potential. Margin Master will assist me to be competitive with the Big Box retailer, while continuing to gain good sales growth and margin improvement. I consider it essential to be a part of the Resurg Group’s Margin Management program."
Our Guarantee
Resurg offers a 100% satisfaction guarantee. If you do not believe that you have received more than your investment in actual profit improvement, we will refund your money with no questions asked. While we guarantee this, we are more than confident this will not be required.
Special Offer
For a FREE analysis of how many more gross profit dollars you could be earning, please contact us today on 02 9319 0522 or 1300 132 138. Uncover your hidden profits TODAY!
For more information
For more information, please call our friendly team at the Resurg Group on 1300 132 138 or (02) 9319 0522.
Margin Master – What is it?
Developed by RetailerSoft
Margin Master is a computer program designed to help retailers achieve incremental gains to their bottom line by enabling them to quickly analyze their current retails. Their retail can be quickly changed to provide unlimited “What-If” scenarios. The value of Margin Master really shines when the retailer is able to quickly perform these “what-if” scenarios, and see very quickly the impact a proposed retail change has to their bottom line — both on an annual basis and a month by month basis.
With the introduction of the Pricing Strategy Manager, Margin Master has the ability to help users develop, maintain, and implement any number of pricing rules. These rules can be applied at any level - Store, Department, Class, Commodity Group, and more. These rules together form a store’s pricing strategy. Individual rules can be arranged, made activate or inactive, modified, or deleted. As the Pricing Strategy takes shape, users can instantly apply their pricing strategy to their current pricing. This will quickly ensure that each of the pricing rules is being followed, and identify any Skus not in agreement with the pricing strategy. The Pricing Strategy Manager effectively allows users to accurately manage their pricing in a few minutes.
Lets face it, we are all in business to make a buck. If you are not in business to make a profit, you can stop reading now. For the rest of us, we fight the endless battle to make more profit. The concept of Margin Management is certainly not new. What is new is the Margin Master Program that can harness the power of your Personal Computer and show you how to put some serious dollars to the bottom line.
Over the last several years, many expenses have grown at a staggering pace. Almost certainly, business growth has been outpaced by expense growth.
So the obvious question is, “How can I make more money on the same or similar sales dollars?"
The answer - Margin Management.
When you sell a product, you typically price those items at some predetermined margin — say, 35%.
Well - as competition has increased, employee costs have skyrocketed — and you’re still trying to make a living and pay competitive wages from that same profit margin.
The Challenge of Margin Management is understanding the relationship between your current price, and what the consumer will pay. It is no longer acceptable to price your merchandise at a single price level. Big Box retailers are masters of this — they price selected items low — to attract the customer — and charge significantly higher margin for other blind and non-competitive items.
Well, if they can do it why can’t you? Margin Master is a software program to help you work your margins by allowing unlimited “what-if” scenarios based on factual details from your POS computer system. By quickly comparing your current retails to vendor list pricing, you can quickly identify items that need attention. Quickly make changes, and see immediately the annual impact the price change would have on your bottom line.
For more information please contact Sharon Fisher on
(02) 9319 0522.
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