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Pocket Retailer FREE - Margin Calculator and More

Pocket Retailer FREE - Margin Calculator and More
  • #: 437411
  • Price: free ($0.00) In Apple Store
  • Category: Business
  • Updated: 2010-01-04
  • Current Version: 1.0
  • 1.0
  • Size: 0.40 MB
  • Language: English
  • Seller: Kaelex, Inc.
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 2.0 or later
  • © 2009 Retail Evolved
  •  Add to Favorite apps

 

Description

Featuring the most flexible margin calculator in the AppStore!

Why get this instead of the paid version? In this version, you get the Formula Dictionary plus any one of the other 13 micro-apps for free. You can take every micro-app for a test drive twice. If you like any of the other apps, you can upgrade. It's that easy.

This is a great value as most margin calculators are not free - especially one as fully featured as our Margin Analysis app. Plus, you can see if you even need more than one of the apps before dropping your hard-earned cash on an app.

*

Paid Version: #1 Paid Business App (11/25/09 - 11/29/09)

Paid Version: Apple New and Noteworthy App (US Store, 11/24/09 - 12/8/09)

*

"An absolute must-have for anyone involved in the finances of a retail store. Even for those just interested in learning, each calculation has an info button that explains exactly what the function being performed means." - Appolicious (5 / 5)

Do you run a retail store? Work for one? Learning about retail? Looking into starting a retail store? Pocket Retailer is for you.

Pocket Retailer is a collection of 14 micro-apps designed to help you optimize and better understand your retail operation.

In this version, you get the Formula Dictionary along with any one of the 13 other micro-apps for free. You can also take each one for a test drive twice. You can unlock them all by upgrading from inside of the app at any time.

We believe that understanding retail math and being able to make quick, accurate calculations is key to increasing your bottom line by stocking the right amount of product at the right price.

Use Pocket Retailer to:

* Calculate GMROII, Turns, Markup, and more

* Become more familiar with common retail formulas used by retailers of all sizes

* Determine how many times you have to turn your inventory to reach your target GMROII

* Analyze your pricing strategy

* Much, much more....

Micro-apps:

* Unit Analysis - Calculate Inventory Turns and GMROII based on Beginning and Ending Inventory, Quantity Sold, Price, and Cost

* Inventory Turns - Calculate Inventory Turns based on Average Inventory

* Average Inventory - Calculate Average Inventory based on Beginning and Ending Inventory

* GMROII - Calculate GMROI based on Gross Profit (Gross Margin) and Average Inventory at Cost

* Price/Cost Analysis - Calculate Gross Profit, Gross Margin %, Cost Markup %, and GMROII Turns based on a Price, Cost, and Target GMROII.

* GMROII Turns - Answer the question, "How many times do I need to sell through my inventory to reach a target RMOII?" Given a Price, Cost, and Target GMROII, calculates how many times you need to turn your inventory to attain a target GMROII.

* Margin Analysis - Extremely flexible margin calculator to help you calculate all components of gross margin. Solve for Price, Cost, or Gross Profit and Gross Margin %. Set a fixed Gross Margin % or Gross Profit and solve for Price or Cost.

* Cost Markup Analysis - Similar to Margin Analysis but uses Cost Markup %.

* Pricer - Use this app to price your product based on target Gross Margin or Cost Markup Percentages and a known cost.

* Negotiator - Use this app to determine the cost you will need to achieve a target Gross Margin or Cost Markup Percentage based on a known retail.

* Sale Price - Calculate a Sale Price based on a Regular Price and Discount Percentage

* Sale Price Percentage - Calculate a Sale Price Percentage based on a Regular Price and Sale Price

* Open To Buy - Calculate your Open To Buy and determine how much cash is needed to meet your goals

* Formula Definitions - A brief dictionary containing definitions and mathematical formulas for the most common retail math terms

Let us know how we can improve this app and make your life easier! Go to www.retailevolved.com or e-mail feedback and questions to feedback@retailevolved.com.

iPhone Screenshots

Pocket Retailer FREE - Margin Calculator and More iPhone Screenshot 1

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0/5 stars

Cheap way to advertise

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Useless ... everything asks for trial to upgrade. Why bother?!!!

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The information may be outdated (2012-01-08 10:53:42). For actual information go to iTunes

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