Are you experiencing a lot of pricing errors in your retail store? Want to control prices for maximum profit? Are you dealing with theft and employee mistakes? Do you need to know exactly where you are making or losing money? Do you think customers spend too much time in line? Are you thinking about e-commerce? Are your employees spending too much time on inventory and paperwork?
No customer loyalty programs in your store? No inventory control? Are products sometimes overstocked and sometimes not enough? Are there too many books? Overbilling or underbilling? If you answered yes to these questions, it’s time to take your business to the next level by learning, understanding, and eventually starting a new system.
A Retail Point of Sale (POS) is a system that records financial transactions in stores. The system typically includes a computer, monitor, electronic cash register systems, touch screen, receipt printer, magnetic stripe readers, customer display, and barcode scanner. It may also include a scale, an integrated credit card processing system, a signature capture device, and a customer pin pad device. More and more system monitors use touch screen technology for ease of use and a computer is built into the monitor chassis.
What are the main benefits of the points of sale? This system will not only help you solve existing problems, but also give you a unique opportunity to plan the growth of your business. What are your vision and goals? Where do you want your company to be in the next few years (decades)? Generate more sales? Identify sales trends? Add more customers and products to the system? Offer better customer service? Organize new marketing programs? Set up effective inventory and purchasing management? Analyze data with flexible reporting options?
POS will help you save money, time, energy, and increase productivity by tracking your inventory, determining best and worst sellers, analyzing profit and loss margins, discovering top sellers, automating order buy, sell and redeem gift cards. , manage the schedules and salaries of your employees, implement loyalty programs, etc.
POS Benefits for the Retail Store
1. Earn profit
• Use data on best and worst selling items
• Focus on higher margin items
• Sales offer suggestion
2. Time saving
• Reduce inventory and paperwork time
• Make the payment faster
3. Improve productivity
• Eliminate double order entry
• Calculate and create replenishment orders automatically
• Track orders, prepayments, invoices and cash payments
4. Increased accuracy and speed
• Use scanning vs. punching
• Send invoices by email
5. Obtain detailed report
• Sales and inventory
• Shopping
• Customer account
6. Networking
• Link to other terminals and back-office computer system
7. Administrative employee
• Registration of hours worked directly at the point of sale.
• Integrate table of employees for each department
8. Creating a schedule
• Create a printable schedule by employee, department or store
9. Printing of promotional labels and posters
• Print labels for store products or external batches
• Create tags by category or subdepartment
10. Securing your business
• Prevent credit card fraud
• Secure money transactions and personal data information
11. Implementation of loyalty and frequent buyer programs
• Generate repeat business
• Automatic level adjustments, based on clothing purchases
12. Strategic marketing plan
• Forecast sales trends
• Organize a targeted advertising campaign
• Learn clothing and consumer buying behavior
Benefits for your Clients
1. Improve customer relationships
• Loyalty programs
• Offer gift cards and certificates
• Allow returns and exchanges at any location
• Use printable coupons
2. Time saving
• Spend less time in checkout lines
• Reduce the total duration of the transaction at the point of sale (2 to 4 seconds)
Benefits for your Employees
• Monitoring of staff performance
• Contact information
• Discounts
• Access control
• Time and attendance
• Schedule
