The old days of the manual cash register are long gone. And while we may think back with nostalgia about the old-timey storefront and the “ka-ching” of the register as we sit around the pickle barrel, we must face the reality—that way of doing business was never very efficient. Even in recent years, most people recall when grocery-store clerks had to enter every price manually—and the checkout process always took longer. Modern point-of-sale (POS) systems have changed the face of retail for the better.
…customer is disappointed and you lose a sale. Or, you have a hot-selling item, your inventory diminishes, and you order more—but you order too late, and you run out before replenishments arrive. Again, you lose sales.
Upsell is one of the most successful marketing techniques around, and it’s simple to execute. It involves offering a client a larger size, bigger package, better option, or even a similar product that has more features. It’s anything from pushing the flat-screen television with more options and a built-in DVD player, to offering a “Supersize” soft drink for an extra ten cents. The “cross-sell” is similar: You offer a compatible product that goes well with the first—such as printer cartridges with a printer, games with an X-Box, or fries with your burger.
February 14th, 2012 | | Comments Off on Top 10 Point-of-Sale Software
Point-of-sale software systems allow businesses to process a wide range of transactions, from payments and returns to processing gift cards and discounts. Download the Top 10 POS Software report to compare vendors and see which solutions offer cutting edge features such as mobile POS and advanced inventory and sales analytics.
Your retail management system is the lifeblood of your retail operation. Often an all-encompassing solution, a retail management system (RMS) is typically comprised of several modules, multiple pieces of hardware, and several software programs, all neatly integrated into an overall system that improves your workflow, gives you better reporting and analytics, and enhances customer service.
Business software solutions can help you more effectively manage nearly everything involved with your company. You name it, and business software solutions are probably available to help you succeed.
