Pricing With a Purpose
Ace Hardware Pricing Software
Your zone pricing, your margin targets, your decisions — on current Ace data every day
An Ace store has more pricing information available to it than almost any independent retailer — a national catalog, suggested retails at several levels, and its own zone pricing on top. The problem is rarely a shortage of information. It is that nothing joins it to what the store actually sells, at the margin the store actually needs.
The Ace pricing environment
What Margin Master keeps current for your store, every day
Your zone, not just the national price
Ace's suggested retails vary by zone, and a store's zones are its own. Margin Master syncs the national pricing and your store's zone pricing together, so the retail you compare against is the one that applies to your store — not a national number that was never meant for it.
Retail, Level 1 and Level 2
Every level Ace provides, priced against your own items — so you can see what each one would do to your price tags and your sitting margin before you decide to follow any of them.
The full catalog, not just prices
Descriptions, product groups, vendor numbers, planogram data and the Ace taxonomy come down with the pricing, so you can select items the way Ace organizes them — by department, class and product group — rather than by guesswork.
Price sensitivity built in
Ace's awareness coding tells you which items customers watch closely and which they do not. Margin Master treats those groups differently — holding your most price-sensitive items where they are while letting the items nobody shops carry their weight.
MAP, IMAP and critical retail
Margin Master carries the MAP and IMAP information Ace provides and identifies critical-retail items, so you can see them clearly and decide how your store treats them.
Emery Jensen too
Stores buying through Emery Jensen are handled on the same footing, with the same catalog, pricing and taxonomy data behind their pricing decisions.
Start with the Ace Store Assessment
Before you change a price, find out where your prices actually stand. The Ace Store Assessment reads your own items and tells you which Ace level your shelf prices are closest to, what every other level would cost you in price changes, and where the margin opportunity sits.
- Compares Ace Retail, Level 1 and Level 2 — your zone levels where you have them, national where you do not
- Groups the opportunity by Vendor Department, Class and Product Group
- Separates items by how closely customers watch the price
- Reports every option in price changes and sitting margin, at your twelve-month volume
Then make it your strategy
The assessment writes a starting strategy — it does not switch it on. From there you add your own margin targets, rounding, SKU exceptions, custom groups and minimum and maximum margins, and activate it when the prices are the ones you want.
Every run reports the sitting margin it moved, so you can tell whether it did what you built it to do.
