Electronic Point of sale (EPOS) systems for retail stores
have developed significantly in recent years, and are now sophisticated enough
to do more than simply process customer payments. Understanding the new
technological features involved in retail POS can help businesses find the best
point of sale system for to suit its needs which will, in turn, help increase
profit margins, efficiency and accuracy with stock control.
At Merchant Advice Service, we specialise in finding EPOS
systems to suit a variety of retail business needs. We work closely with
business owners and managers to find the right solution based on your immediate
and long-term business plan to ensure you have the best deal possible. Whether
you are searching for a more complex retail POS system for a big business or
want to know what’s the best POS system for a small retail business our experts
are at hand to give expert advice so you can make the right decision.
The Merchant Advice Service team has experience in EPOS
implementation across the following retail businesses:
Shops and boutiques
Selecting retail software that suits the way your business
operates now as well as how you forecast its growth is crucial to selecting the
right deal. The right retail point of sale software will largely depend on the
footfall to your store, the percentage of these visits that then convert to a
sale and the value of the sales. Large chains and franchises should also
consider using retail EPOS software to streamline internal communication,
manage stock levels across multiple stores and also plan staff timetables.
Smaller shops or boutique looking to implement a retail EPOS system should
consider iPad system as this may provide many of the same advantages as a
complete solution without the hefty price tag. Of course, it’s not one-size
fits all but these systems are often suitable pop-up shops or businesses that
trade in varying locations. Either way, most shops prefer touch screen tills so
that checkouts remain uncluttered and the customer experience is more positive.
Hair and beauty salons
Industry specific retail systems can go a long way towards
improving the customer experience and streamlining business operations. The
best retail software available to hairdressers and beauty salons work can be
easily integrated with existing booking apps and websites, so adding an EPOS
system should cause minimal disruption. The implementation of an EPOS system
means clients will be able to arrange appointments without picking up the
phone. For hairdressing and beauty salon businesses, EPOS systems work with
diary management, and can be pre-programmed to include length and cost of
treatments as well as staff working hours to help reduce risk of human error
when making bookings. This, coupled with stock control management as well as
payroll and back office statistics, is a breakthrough offering to the industry
and could have a hugely positive impact on retailers if the right deal is
selected. Why not speak to us about merchant services for your salon, we’ve put
together some handy tips to help you in this area too.
Motor trade
Implementing a point of sale retail system within a business
in the motor trade could set your business apart from competitors. The motor
industry has largely been slow at uptake on EPOS systems uk, but with software
available that deals with customer enquiries and back office management means
introducing this to your business could really set it apart.
Some retail software systems have the ability to contact
customers prior to their MOT expiring, prompting them to book an appointment.
The ease of this process for the consumer from a supplier they already know and
trust could create thousands of pounds worth of extra revenue, with little
effort or expense.
Trade desks
EPOS systems for retail don’t just cover businesses that
sell directly to the customer – we work with a number of business to business
retailers too. Choosing the best POS retail system could mean a more
streamlined process across operations from email invoices, generating orders,
taking deposits and providing a service to other businesses that will improve
brand awareness via word of mouth.
Service providers such as Jewellers
Service industries can benefit from POS systems for retail
as much as product led retailers. Jewellers are a good example as, although
most sell products alongside services such as valuations and repairs, both
elements of the business can be inputted into a retail sales system, ensuring
combined management for both areas of operations.
Cash and carry
Selling wholesale goods to businesses can be just as
competitive as a consumer facing high-street store. Implementing a retail
management system for stock counts and marketing purposes could not only save
time and money but provide business insight you might otherwise not have access
to. In large warehouses or where there’s multiple sites, reporting becomes even
more important for management. Introducing retail POS system software will help
streamline this process and reduce risk of human error with aspects like stock
control. A cloud based retail POS can be assessed from anywhere with an
internet connection – proving particularly useful for site visits and
management meetings.
Regardless of the size or location of your business, our
team of experts are on hand to provide free and impartial advice to ensure you
make the right choice for your business needs. Get in touch for a quote, price
comparison or for any questions you have around merchant services.
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