The two questions that every retail operator asks is, “How can I increase sales, and how can I reduce costs?” Business-savvy folks know that a quality point-of-sale (POS) system can help with both. Here are some strategies to increase sales and reduce costs with your retail POS system. Increase Sales with Employee Monitoring Start with
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Cash registers have come a long way since their origin in the late 1800’s. However, they are being used less and less these days since they only record sales transactions, give change, and hold money. If you want to keep track of inventory, marketing information, employee work hours, and other business data, you need a
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Smart retailers maximize the use of their point-of-sale (POS) systems, but what about integrating other technology in your company to boost your profits even more? Bepoz offers the Radio-Frequency Identification (RFID) to help retailers with gift cards, customer account cards, loyalty cards and employee access control. For the purposes of this article, let’s look only
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If you want to be competitive in business, you need the right tools to get you there, and keep you there. Your point-of-sale system (POS) can help, and so can an add-on hardware tool like a barcode scanner. A barcode scanner can help streamline and make processes easier for your retail business. Plus, they can
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You’ve most likely heard of “the cloud.” In its simplest definition it’s the place where data is stored. When evaluating any type of point-of-sale system, you have the option to store data in a main computer that’s perhaps linked to several checkout terminals, or you can store data in a main computer off-site hosted and
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Point of sale (POS) technology continues to evolve at a rapid pace, and it’s leaving some retailers behind in implementing necessary upgrades. The reluctancy comes because of the cost and time it takes to complete the upgrade, but what they don’t understand is that an outdated POS system may not only be holding their business
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It’s hard to believe, but the beginnings of the first Point-of-sale (POS) system dates back as far as the late 1800s. James Ritty, a Dayton, Ohio, saloon owner, was known as the “father” of the cash register. He invented a device that could register the amount of cash transactions recorded at his saloon because he
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Isn’t a POS system just a computer? You may have had that thought cross your mind at some point. The answer is “yes,” but it’s also “no.” Let’s investigate by first defining a POS system. POS stands for point-of-sale, and the term is applicable to a retail store, checkout area, or any location where a
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Many businesses in the retail and restaurant industries are utilizing interactive kiosks in rapidly increasing numbers. By giving their customers and employees access to self-service applications, these businesses find that kiosks are efficient cost savers and even profit centers. If you’re considering a kiosk, you will need a point-of-sale (POS) system designed for your company’s
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Another opportunity to ramp up holiday sales with the use of your point-of-sale (POS) system is approaching—Valentine’s Day. According to Statistic Brain Research Institute the average annual Valentine’s Day spending is 13.9 billion dollars in the United States, and the average consumer spending amount is $116.21. So are you ready to capitalize on one of
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