Amazon, Etsy, eBay, etc... are
just a few of the top grossing online merchandise sites, making consumer’s
retail experience easier than before, Amazon boasts its two-day shipping
guarantee for its Prime members, while Etsy caters to the entrepreneurial
spirit of the buyer completely customized and unique as per the customer
requirements. These E-commerce sites are ideal for people who are busy, finding
convenience and ease when shopping from the comfort. But is it enough? Do
consumers prefer to shop online?
In a recent report by Time Trade study found that more than 70% of consumers prefer to shop at a brick-and-mortar store over Amazon. Also, another study conducted by First Insight found that both men and women tend to spend more money in stores compared to online purchases.
Why do consumers prefer the
face-to-face experience? According to Retail Dive’s consumer survey, the
ability to get hands on products is enough for most shoppers to brave the
crowds and be rewarded with that feeling of instant gratification.
More foot traffic and more money spent
means your business should be prepared for the worst scenarios such as slow systems,
long queues, and impatient customers.
EPOS system suits the needs of small
and medium businesses all over the place. "Without a EPOS system in your
business you will keep your business away from developing". To perfect the
system, create it as per your requirement.
This technology continuous to
revolutionise independent businesses all over, particularly in the previous Christmas
season, with retail store Black Friday sales up 4.2% from earlier years. The
National Retail Federation anticipated an increase in the range of 3.8 to 4.2.
This was particularly great since the 2019 Christmas season was one of the shortest
in history, spanning 6 days not exactly the 2018 Christmas season. In spite of
the shorter time span and heightened sales traffic, this is a fantastic
possibility for the retail business.
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