Retailers who want to keep their retail pricing competitive without investing in an entire plan may choose Orgill’s Electronic MSP option. Electronic MSP is a price-shopping service enabling you to compare your store retails to Home Depot, RONA and Home Hardware.
Using third-party software, Orgill’s electronic MSP price-shopping service quickly and efficiently shops a large market basket of SKUs against market-specific, real-world pricing at the big boxes. MSP is a cost-effective way to help ensure your pricing is in line with your market’s price leaders..
MRP profiles are provided at no cost to Orgill customers as an alternative to the company’s Market Specific Pricing (MSP) service. The MRP strategy is market-based, but is not market-specific.
There are four profiles, or pricing strategies, based on the price sensitivity perception in your market.
The Metro Pricing Strategy is designed for
use in multiple big-box markets, the Urban
Pricing Strategy is for one big-box markets,
the Rural Pricing Strategy is for indirect
big-box competition and the Remote Pricing
Strategy is designed for retailers without