EPOS System for Small Retail Business

Now-a-days managing a retail business can be a challenge. It has become a difficult road to success for the retailers with low margins, stiff competition and rise of the Ecommerce. Everyone think retailers take the advantage to them to encourage success.

A recent study shows that 64% of single store retailers still don’t have an EPOS System.

There are many advantages of EPOS System which include the automation of such tedious manual processes as:

•         Employee management
•          Checkout
•         Customer management (CRM)
•          Inventory management
•          Sales reporting and analytics                                                                                                                         

Managers and operators free up themselves with the EPOS System features and focus on ensuring their employees to deliver great service and solidifying positive customer experiences. 64% of single store retailers don’t have EPOS. It can save retailers 10% annually.

• Opening up Shop: Employee management features help to staff schedule online and employees can trade shifts in real time. 85% customers stop shopping at store if understaffed.

• Handling Long Lines: Transactions can be completed from anywhere in the store using an iPad. 82% of customers likely to stop shopping after experiencing a long wait.

•  Engaging Customers: Using the customer loyalty feature notifies your customers via emails. 66% of customers stop shopping at store if they are not recognized as loyal.

• Counting Inventory: Inventory management feature notifies running low on top selling items and put an order. 83% of customers stop shopping if the items are out of stock at store.

• Tallying up Sales: Monthly sales totals can be checked on iPad. 76% of small retailers look for sales reporting and analytics as a basic feature of EPOS System.