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How Smart POS Solutions Can Reshape the Future of Modern Retail Businesses

Posted: 07 Mar 2014 06:49 AM PST

Over the past few years, more and more clients have discovered the superior convenience of online shopping. To keep up with new demands in their field of activity, an ever-growing number of entrepreneurs are looking for smart POS (point of sale or checkout) solutions, enabling them to run both Internet-based and brick-and-mortar companies expected to generate a substantial profit.

Smart-POS-SolutionsThe Features and Benefits of Modern POS Systems

These days, truly effective POS systems display a plentitude of useful features and offer numerous benefits, including client and inventory management, payment processing, sales and costumer tracking and so on. Modern clients have additional requests and special demands. To keep them satisfied in the long run, business owners rely on modern POS solutions designed to meet several key requirements, including the following:

  • High operating speed
  • User-friendliness
  • Expanded functionality
  • Remote supportability
  • Reliability and reduced costs

How a Last-Generation Point of Sale System Can Improve Your Retail Business

If you want to gain and preserve a competitive edge and become a powerful player in the retail industry, you may want to consider opening both a brick-and-mortar store and an online business and manage them at the same time.

This doesn't mean that you would have to deal with multiple inventories, client databases and product catalogues. On the contrary, the POS systems created and implemented by leading ecommerce platforms let you save time, effort and money by automatically syncing orders and products. This way, running more than one business simultaneously is easy and enjoyable.

The dashboard gives you all the detailed information that you may need to make smart business decisions in the long run. It gives you an insight into the clients and the sales recorded online and in your physical location. Detailed reporting ensured by ingenious POS iPad apps enables you to discover the strengths and weaknesses of your retail business and make inspired choices leading to a bigger profit and a diversified clientele.

Wondering how retail is supposed to look in the 21st century? In only a few words, the modern retail business is characterized by 3 main attributes: convenience, versatility and efficiency. Sellers who already rely on last-generation POS solutions manage to accept orders, get in touch with clients and manage their stock quickly and effortlessly, from any part of the globe. Every piece of information that they may need to organize or re-organize their retail business is only a few clicks away.

According to Forbes, "Overall, mobile in retail is now a $5.7 Billion business worldwide and continues to grow rapidly. It is the single fastest moving trend in retail since Internet was added to the stores."

The same source indicates that any businessmen can easily turn an in-store iPad into a modern, fully functional cash register. Free and premium apps are available to make things a whole lot easier for the user. Long gone are the days when people only relied on tablets and iPads to look at your photos or surf the web. Over the past few years, iPads have become sought-after profitability tools for tech savvy store owners who are tired of running their business the old-fashioned way.

In addition, it is safe to say that "the iPad is not only a consumer device for fun gaming or watching videos; it is a robust business machine that can help you serve customers and get more work done out in the field or on the shop floor."

This innovation leads to a more than satisfactory shopping experience and simple, secure transactions. By using mobile POS systems like those offered by Shopify, owners can have absolute control over their products, orders and client relationships. Those who opt for this approach save time and money, and they ultimately get to reinvest these resources in the most important aspects of their company.

A few years ago, the absence of  excellent, affordable hardware and software enabling business owners to open, grow and manage their stores in a more than satisfactory manner was one the biggest challenges that most entrepreneurs had to face. At this point, this obstacle should no longer stand in the way of your success.

iPad POS allows you to get your store up and running in a matter of a few minutes. Basically, while using this system you can make inspired business decisions. You can ring up your sales, select a payment type, email or print receipts and customize orders. Also, modern POS systems give you the chance to explore the advantages of simple, time-effective inventory management.

The apps launched by leading ecommerce platform, are compatible with existing card readers, so it lets you to accept a various credit cards, including Visa, AMEX cards and Mastercard. Moreover, you can also choose to buy premium POS hardware (scanner, receipt printer, stand or cash drawer) to take your point of sale system to the next level and boost the effectiveness and the productivity of your store.

 

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