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Average Ratings 0 Ratings

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features
design
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

ShopGrok is a suite of software and data analytics products that allow retail and consumer professionals to make better price and range decisions. Experience a powerful suite of tools that take the pain out of data capture and mapping, and get you to actionable insights within seconds. Today, ShopGrok is Australia’s largest retail pricing data provider and works with leading retailers and brands all over the world to help them achieve this vision. Solutions include: - Price Optimisation Software - Real Time Inbox Alerts - Historical Pricing Analysis - KVI Identification and Matching - Custom Reports - Promotional Trends Analysis - Assortment Optimisation - Visual Range Comparison - New/Delisted SKU Alerts - Price Architecture Analysis - Marketplace Management - Marketplace Range Parity - Marketplace Price Parity - Seller Onboarding - Pricing Automation - Pricing Rules - Competitor Benchmarking - Price Index Generation - Flexible Ecommerce Integration (Shopify, Magento, WooCommerce, BigCommerce, etc. or Custom API) - Global Coverage What advantage does ShopGrok have over other competitor pricing solutions? We are not simply a web crawling or data automation product. Our team comprises world class experts in retail pricing strategy, data extraction and data science. We have spent thousands of hours between us working within and for retail buying teams to help them make better decisions through data analytics.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Adobe Commerce No 
BigCommerce No 
Magento No 
Paladin POS Yes 
SAP Commerce Cloud No 
Salesforce Agentforce Commerce No 
Shopify No 
Shopify Plus No 
WooCommerce No 

Integrations

Adobe Commerce Yes 
BigCommerce Yes 
Magento Yes 
Paladin POS No 
SAP Commerce Cloud Yes 
Salesforce Agentforce Commerce Yes 
Shopify Yes 
Shopify Plus Yes 
WooCommerce Yes 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

Please contact ShopGrok for pricing information.
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 No 
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) No 
Online Support Yes 

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

ShopGrok

Founded

2018

Country

Australia

Website

shopgrok.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 Yes 
Competing Product Analysis Yes 
Forecasting Yes 
Market Analysis Yes 
Multi-Store Management Yes 
Price List Management Yes 
Price Optimization Automation Yes 
Pricing Analytics Yes 
Profitability Analysis Yes 
Scenario Planning Yes 

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