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Margin Mate

iOS iPhone

The Margin Mate is a financial app developed for all “right brained,” creative retail executives who are frustrated by the fact that the infamous HP 12C calculator has no “=” sign!!!

With the Margin Mate, you can quickly and easily calculate your profit margin, determine your required selling price, and understand how much you can afford to pay for your goods.

The Margin Mate asks you two questions to determine the answer to the third:

1.If you know your cost of goods and retail price, the
Margin Mate will tell you your profit margin.
the Margin Mate will tell you the required retail price.
3.Enter your retail price and the desired margin, and the
Margin Mate will tell you how much you can afford to pay

Imagine you are at a trade show, and come across a wonderful product with cost of \$17. You need at least a 55% profit margin. How much can you sell it for? With the Margin Mate, you would know instantly that your selling price would need to be at least \$37.78.

Or, you’re looking to stock a new category of products with a retail price of \$25, and you need at least a 35% margin. How much can the products cost? With the Margin Mate, you would know instantly that your cost of goods can’t exceed \$16.25.

Or, you want to double check that your products are priced properly because everything needs a 65% margin. You see that a product that costs \$12.50 is priced at \$27. With the Margin Mate, you will know instantly that your product is priced too low because the margin is only 54%

For one low price, this useful financial app will prove invaluable, and keep your “bean counters” off your back.

Coming soon, the Pocket P&L.

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Last changed:
Feb 17, 2010
Category:
Developer:
Expanded Apps
Version:
1.2
Average Rating:
2.50 (18)
Size:
0.5 MB
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