If you’re running a retail business in this day and age, you can’t afford not to invest in a point-of-sale (POS) system. The main reason is that all your competitors are using a POS system, and being the only holdout just doesn’t make good business sense.
There are basic systems and fancier ones with extra features, but beyond the bells-and-whistles, the main purpose of a POS system is to integrate all your financial transactions, and make them more efficient. A Clover station can help you get a handle on your business analytics using data from every transaction. The Clover POS has a sophisticated software to discover trends and easy-to-understand insights that can help boost sales, plus see how well other businesses are doing nearby.
In this new consumer omnichannel age, innovation is no longer a ‘good to have’ in any sales channel, but a must-have. POS solutions are also evolving and they are no longer a simple cashier but the real brain of the store, responsible for delivering the promise of a seamless omnichannel shopping experience. For brick-and-mortar retailers it is critical for them to adopt new generation POS solutions like a Booker Clover Mini, that are aligned with customer expectations.
Here are 3 ways your new generation Clover POS can help to boost sales:
Extra Marketing- A lesser-known benefit of a POS system is that it lets you advertise some of your deals and discounts on the cash register screens and displays and receipts. A large percentage of customers make impulse purchases just as they are about to leave a retail business.
Inventory Control – Because a POS system instantly records every sale at your retail business, it gives you an inventory figure at the end of each business day. This feature gives you insights on how to track your inventory on a daily, weekly or monthly basis as you can quickly see which of your goods, products or services are in demand, and which are not.
Credit Card Processing Functions – An increasing number of POS systems also include credit card and debit card readers. This opens up your business to these popular forms of payment, and can quickly boost your profits, especially if you were previously a cash-only retail business using a traditional cash register.
Whether you run a small business or a large business, having an organized, updated and well-maintained inventory is as important as having efficient staff members. You can use the various POS system that are available today for an easy operation of your business.