Friday, September 25, 2020

EPOS systems for retail shops

 


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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