The 5 benefits retailers get for using retail point of sale systems

Retailers can do a lot with a great Retail POS System. There are many advantages to having a point of sale that’s designed specifically for retail. Having this great tool can help you do more business and better serve your customers.

Here are five benefits that retailers can enjoy while using POS systems.

1. A great POS system speeds up your transactions.

Effective POS systems make each sale go faster and more efficiently, so you can handle large crowds and long lines at the checkout with ease. Your ideal POS system shouldn’t include too many menus or be inefficient, it should be completely intuitive and get the sale done in just a few steps. Many POS systems are now portable, so you can make sales much more quickly and stop long lines from forming.

2. POS systems can auto-market to past customers.

Many retail POS systems now allow any business, regardless of size, to set up a loyalty program. This makes it easy to market to your new products and sales to customers who you know have shown some interest in your business. Your POS will collect their contact information when they sign up for the loyalty program, and then you can use that to send them promotional emails or text messages easily.

3. POS systems can manage your schedule.

Many POS systems take care of internal functions too. A good POS system can manage your employees’ schedules, so you don’t have to worry about managing their shifts while you’re having to juggle sales as well. The POS system can notify employees of their schedule personally and digitally, and changes to the schedule can be made entirely through the POS, so you don’t have to take time out of your busy day to figure out shift changes. Your POS can even create your schedule semi-automatically using your employees’ programmed availability, so all you have to do is make the final edits.

4. POS keeps track of sales for you.

POS systems can make your accounting much easier, because they automatically measure the sales you make throughout the day. This makes it much simpler to keep track of sales goals, and you don’t have to worry about accounting mistakes or human error. Some POS systems can even make projections for future sales.

5. POS systems manage inventory.

Another great feature of a POS system is that it can keep track of your inventory and remind you when you’re running low on stock. Instead of having to count your inventory manually every time, you can just enter in your existing inventory numbers, and the system will keep track of it. You can even set up reminders to order new items and easily input new orders using your existing order codes.

For small retail businesses, POS systems can make a huge difference in the overall success of your company. Since many POS systems are now designed to be used with iPads or other tablets, they’re even easier to install and manage. There are also options for different niche retailers and business sizes, so you have plenty of great options to choose from.