Pricing With a Purpose
Do it Best Pricing Software
Priced from your own RSC, on your margin targets, with your decisions
A Do it Best member gets a catalog, a set of suggested retails and a price-level ladder. What it does not get is an answer to the question that decides the year: at these costs, on these items, with this much of the catalog selling, what should this store's prices be?
The Do it Best pricing environment
What Margin Master keeps current for your store, every day
Your RSC, every time
Cost and availability differ by redistribution center, so a catalog figure only means something next to the right one. Every catalog lookup Margin Master makes carries your store's own RSC — not a national average, and not another member's.
The whole price-level ladder
Level 1, Level 2, the auxiliary retail and the suggested retail — each one priced against your own items, so you can see what following any of them would actually do to your price tags and your sitting margin.
The Do it Best taxonomy
Product and SKU classification come down with the catalog, so you can build pricing rules the way Do it Best organizes the catalog and have them keep working as the catalog changes.
Member retail, when you want it
Member retail files import directly, so a store that prices from them can use them as an input alongside everything else rather than keying them in.
Order confirmations that keep costs honest
Margin Master reads your Do it Best order confirmations, so the costs behind your margins reflect what you actually paid rather than what the catalog said last quarter.
Rounding that matches the program
The Do it Best rounding schemes are built in, and you can use one of them, modify it, or build your own — then see what the choice is worth before you commit to it.
Start with the Do it Best Store Assessment
The assessment reads your own items and tells you which part of the Do it Best ladder your shelf prices actually follow, what each alternative would cost in price changes, and where the margin opportunity is.
- Compares Level 1, Level 2 and the suggested retail against your prices
- Groups the opportunity by the Do it Best taxonomy, department down to 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
Coming from True Value?
A store moving to Do it Best does not have to throw away the pricing strategy it already had. Your existing True Value pricing can be the starting point.
The True Value transition