Set a Minimum Margin Percent

If there is a maximum discount defined, the discount is applied before computing the margin percentage. 

You can employ margin pricing across geographic regions and online versus in-person stores simultaneously

Margin pricing can be applied across price lists that you import into SYMSON. You can also set up customer groups based on sales history and demographics

Apply margin pricing to single products based on unique identifier codes or by product groups, by brand or attributes. Rearrange these categories in minutes!

• An electronics Store that sells smartphones wants to apply margin pricing to each smartphone.
• First, the store calculates the cost of acquiring the smartphone from the supplier. Next, the store determines the desired profit margin on each smart phone is 25%.
• Finally, the store sets the selling price by adding the markup percentage to the cost. For instance, if the cost of the smartphone is $500, the store would add a 25% margin to arrive at a selling price of $625.
• By using SYMSON’s margin pricing, the retail store can automatically ensure that they maintain their desired profit margin on each smartphone sold.

• A wholesaler purchases a a set of products from a manufacturer for various prices. They apply various profit margins depending on the product to cover their operational costs and generate profit. Using SYMSON, the company can divide products into groups and set a specific profit margin for each product group. Thus allowing for more control and accuracy.

• A consulting firm provides a service with a cost of $100, which includes salaries, office expenses, and other costs. If they decide on a 30% profit margin, they can use SYMSON to apply this margin across all their service packages. These prices can be exported from SYMSON’s platform to be shared with potential clients.