{"id":7451,"date":"2017-12-11T12:28:47","date_gmt":"2017-12-11T19:28:47","guid":{"rendered":"https:\/\/paladinpointofsale.com\/retailscience\/?page_id=7451"},"modified":"2020-11-06T16:53:13","modified_gmt":"2020-11-06T23:53:13","slug":"gmroi-calculator","status":"publish","type":"page","link":"https:\/\/paladinpointofsale.com\/retailscience\/home\/gmroi-calculator\/","title":{"rendered":"GMROI Calculator"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;3.22&#8243; custom_padding=&#8221;0px|||||&#8221;][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|6%||6%&#8221; custom_padding_tablet=&#8221;|0px||0px&#8221; custom_padding_phone=&#8221;&#8221; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_code 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style=\\u0022font-size:16px;\\u0022\\u003EFill in the boxes to\\u00a0determine the GMROI (gross margin return on investment) of any individual item.\\u003C\\\/p\\u003E\",\"formlayout\":\"top_aligned\",\"formtemplate\":\"cp_cff_12\",\"evalequations\":1,\"evalequationsevent\":2,\"autocomplete\":1,\"persistence\":0,\"customstyles\":\"\"},\"formid\":\"cp_calculatedfieldsf_pform_1\"}];<\/script><\/pre>\n<div id=\"fbuilder\">\n\t\t<div id=\"fbuilder_1\">\n\t\t<div id=\"formheader_1\"><\/div>\n\t\t<div id=\"fieldlist_1\"><\/div>\n\t\t<div class=\"clearer\"><\/div>\n\t<\/div>\n<\/div>\n\t<div id=\"cp_subbtn_1\" class=\"cp_subbtn\" style=\"display:none;\">Submit<\/div><div class=\"clearer\"><\/div>\n\t<input type=\"hidden\" id=\"_cpcff_public_nonce\" name=\"_cpcff_public_nonce\" value=\"7c3e416072\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/retailscience\/home\/wp-json\/wp\/v2\/pages\/7451\" \/><input type=\"hidden\" name=\"cff_form_start_time\" value=\"CDN\/A0OPR4WItEEQjsuL1g==\"><\/form>\n\t[\/et_pb_code][et_pb_divider color=&#8221;#cccccc&#8221; divider_position=&#8221;center&#8221; disabled_on=&#8221;off|off|off&#8221; _builder_version=&#8221;4.6.6&#8243;][\/et_pb_divider][et_pb_blurb title=&#8221;If you are unsure about any field above, move your mouse over the question mark icon next to the field label.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%220%%&#8221; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; disabled_on=&#8221;on|on|on&#8221; admin_label=&#8221;If you are unsure about the fields above, move your mouse over the question mark icon next to the field label.&#8221; _builder_version=&#8221;4.6.6&#8243; header_level=&#8221;h3&#8243; header_font=&#8221;|||on|||||&#8221; header_font_size=&#8221;16&#8243; custom_padding=&#8221;||0px|&#8221; animation=&#8221;off&#8221; disabled=&#8221;on&#8221;][\/et_pb_blurb][et_pb_divider show_divider=&#8221;off&#8221; _builder_version=&#8221;3.2&#8243;][\/et_pb_divider][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;0px|6%||6%&#8221; custom_padding_tablet=&#8221;|0px||0px&#8221; custom_padding_phone=&#8221;&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Tips header&#8221; _builder_version=&#8221;3.27.4&#8243;]<\/p>\n<h3>TIPS:<\/h3>\n<p>[\/et_pb_text][et_pb_blurb title=&#8221;GMROI improves dramatically when your stock-on-hand is set to meet upcoming customer demand without purchasing overstock.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%194%%&#8221; icon_color=&#8221;#cc6633&#8243; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; admin_label=&#8221;GMROI improves dramatically when your stock-on-hand is set to meet upcoming customer demand without purchasing overstock.&#8221; _builder_version=&#8221;3.0.91&#8243; header_level=&#8221;h3&#8243; header_font=&#8221;|||on|||||&#8221; header_font_size=&#8221;16&#8243; animation=&#8221;off&#8221;][\/et_pb_blurb][et_pb_blurb title=&#8221;Paying more for a product won\u2019t necessarily have a negative impact on GMROI.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%194%%&#8221; icon_color=&#8221;#cc6633&#8243; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; admin_label=&#8221;Paying more for a product won\u2019t necessarily have a negative impact on GMROI.&#8221; _builder_version=&#8221;3.0.91&#8243; header_level=&#8221;h3&#8243; header_font=&#8221;|||on|||||&#8221; header_font_size=&#8221;16&#8243; animation=&#8221;off&#8221;][\/et_pb_blurb][et_pb_blurb title=&#8221;A well-run store has an <strong>average<\/strong> GMROI of 365%. A typical store has about 150%.&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%194%%&#8221; icon_color=&#8221;#cc6633&#8243; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; admin_label=&#8221;If the average across your inventory meets or exceeds 300%, you\u2019re doing okay.&#8221; _builder_version=&#8221;3.0.91&#8243; header_level=&#8221;h3&#8243; header_font=&#8221;|||on|||||&#8221; header_font_size=&#8221;16&#8243; animation=&#8221;off&#8221;][\/et_pb_blurb][et_pb_blurb title=&#8221;Remember, not every item in your inventory will meet the 365% target. Some products will be lower, some will be higher. &#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;%%194%%&#8221; icon_color=&#8221;#cc6633&#8243; icon_placement=&#8221;left&#8221; content_max_width=&#8221;1100px&#8221; admin_label=&#8221;Remember, not every item in your inventory will meet the 300% target.&#8221; _builder_version=&#8221;3.0.91&#8243; header_level=&#8221;h3&#8243; header_font=&#8221;|||on|||||&#8221; header_font_size=&#8221;16&#8243; animation=&#8221;off&#8221;][\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row custom_padding_last_edited=&#8221;on|desktop&#8221; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|6%|4%|6%&#8221; custom_padding_tablet=&#8221;|0px||0px&#8221; custom_padding_phone=&#8221;&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;3.25&#8243; custom_padding=&#8221;|||&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text _builder_version=&#8221;3.27.4&#8243;]<div class='et-box et-shadow'>\n\t\t\t\t\t<div class='et-box-content'><h3>What is GMROI?<\/h3>\n<p>When you purchase items for your inventory, think of it as a short-term investment.<\/p>\n<p>Each time a product sells, those investment dollars are in motion and generating profits. As this cycle repeats itself, again and again, retailers earn the money needed to grow and expand their business. 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button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;]Read our article &#8220;Using GMROI To Evaluate Your Inventory Investment&#8221; for a breakdown of what GMROI is, and how to use it.<br \/>\n[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p><style>@media (max-width:480px){#cp_calculatedfieldsf_pform_2{min-height:700px;}}@media (max-width:1024px){#cp_calculatedfieldsf_pform_2{min-height:647px;}}@media (min-width:1024px){#cp_calculatedfieldsf_pform_2{min-height:647px;}}<\/style><form name=\"cp_calculatedfieldsf_pform_2\" id=\"cp_calculatedfieldsf_pform_2\" action=\"https:\/\/paladinpointofsale.com\/retailscience\/home\/gmroi-calculator\/\" method=\"post\" enctype=\"multipart\/form-data\" onsubmit=\"return fbuilderjQuery.fbuilder.doValidate(this);\" class=\"cff-form no-prefetch  cff-form-1 cp_cff_12\"  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When you purchase items for your inventory, think of it as a short-term investment. Each time a product sells, those investment dollars are in motion and generating profits. As this cycle repeats itself, again and again, retailers earn the money needed to grow and expand their business. 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