If you’re a merchant looking for a new POS system, you might want to know that most contemporary point-of-sale systems are capable of much more than simply ringing up sales. With today’s cloud-based iPad technology it is possible to use POS systems to monitor virtually every aspect of your company and in real-time. Below are some of the best tools which you can use from a cloud-based point-of-sale software.
Easy rewards programs
Many iPad point-of-sale software will permit you to introduce integrated rewards programs without difficulty. POS program is currently designed to keep track of your stock in addition to your customers. When your customer creates an account for rewards program that the point-of-sale system can track down each purchase they have made through the program and you may introduce discounts and rewards based off of their buying habits.
Inventory management
Modern POS systems have advanced inventory analytical and this means that you could receive alerts whenever you’re running low on stock. Modern POS systems also can incorporate across multiple locations so that you can see exactly what the top-selling thing at every of your stores might be as well as monitor inventory at multiple locations and initiate purchase orders when prompted by stock alerts.
Coordinating online and in-store purchases
With omni-channel retailing, you can conduct your eCommerce online store stock in-sync with your store point of sale. Instead of having to combine both systems, cloud-based point of sale applications will do this for you and include an additional convenience for any shop owner. Whether things are purchased online or off-line, all of the inventory will be monitored. Clients can take advantage of a rewards program and you’ll capture all of the information whether a purchase was made in store or online.
See also
- right-point-of-sale-system-for-your-pet-shop/
- how-can-you-get-your-customers-to-come-back-to-your-store/
- paying-sales-tax-in-the-usa-everything-you-need-to-know/
Drive fresh traffic to your retail company
If you are a new retailer, building first customer base is a challenging undertaking. As soon as you’ve got that, keeping those customers is a challenge. It’s not just about quality. You must compete at all levels — price, quality, consistency and so forth.
Among the best ways to keep your most loyal customers and drive new foot traffic at exactly the exact same time is to run appealing promotion offers. Use your ConnectPOS iPad POS program to make percentage reductions and combo supplies or even provide additional loyalty point promotion for certain products. It is all easily done and proven to work because, hey, everybody loves discount! Here are 3 proven ways to do just that:
Special Discounts
Introducing special discounts on specific popular products will make it possible for you to draw new traffic in your store in addition to increase the amount of impulse purchases on your store. With bins for promotionally priced items or even the occasional free samples, it is possible to work at getting rid of unwanted stock whilst creating a much greater profit due to the additional foot traffic in your store.
Markdowns and packages
Offering a 2 for 1 discount on certain items or marking down specific products or in your shop can generate a massive increase in sales and enormous interest from your faithful clients. Sending them an email about markdowns will create a massive quantity of traffic and with cloud-based point-of-sale software it is simple to present a discount on certain stock items at any time to start this promotion.
Loyalty programs
Instead of having to trouble punch cards or track customer history using some form of member’s card, you can just collect email information at checkout. Modern cloud-based POS program will then collect customer information so that when a customer comes in and provide title, loyalty rewards program points will be added to their account automatically based from their purchase history. You could even use this email address information for targeted prospective promotions.
These are only few of the proven procedures for your consideration. I hope this article was helpful to you.
ConnectPOS 
2 thoughts on “The Fundamentals of point-of-sale for retailers”