Watermark Master provides a series of effects that can be applied to watermarks. They are:
Stroke - draws a line of specified width, color and opacity around a watermark
Drop Shadow - adds a drop shadow to a watermark
Bevel and Emboss - gives relief to a watermark
3D - gives volume to a watermark
Rotate - rotates a watermark about the Z axis
Curvature - distorts the shape of a watermark
Tile - multiplies a watermark and fills the image with its copies
Transparent Mask - applies transparent mask to a watermark.
To apply, for example, the Drop Shadow effect to a watermark, select the watermark and enable the corresponding check-box in the "Properties" window:
Moreover, you can adjust the effect's properties. For that click "..." button on the right of the check-box.
Note that some effects are not available for a certain watermark type. For instance, the Curvature effect is not available for Image watermarks.
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