Monthly Archives: April 2021

Not everyone looks to get in and out of a store in as little time as possible. Many customers are happy to take as much time as needed, given that you offer a great deal of value in store.

Thus, retailers need to cook innovative ways to get people to stroll into their shops, but actually stay there. After all, the more consumers are in your location, the better the chances that they`ll make a purchase. As per The Wall Street Journal, retailers, for example, Origins, which has put resources into getting customers to linger in store, have seen sales increase by 20% to 40%.

So how can you encourage customers to remain longer in store and potentially increment sales? The following are ideas and tips you could implement.

1. Make room for interesting experiences

Rather than devoting the entire space in your shop for selling items, consider allocating certain areas for experiences. Maybe you can dedicate a specific part of your store for sampling products.

Is your product priced too high too low or just right? Where is your sweet spot? Profit margins are something is not simply something you find once, they`re regularly evolving. Hopefully yours are constantly moving towards improvement. If not, don`t worry. Listed below are 4 tips to increase retailer profit margins.

1. Increase Product Prices

The best way to increase your overall profit margin is to increase your product prices. We understand that some retailers never prefer to do that as they feel they might loose customers. It really just relies upon the products, margins, and customers. Externally, it also relies upon your competitor’s prices, and even the economy. Once in a while you just need to get creative to make products more appealing by using and even psychological tactics.

2. Avoid Markdowns

Nothing kills a profit like a markdown. Avoid them by managing with your inventory better. Use your epos system to always k

Omni-channel Integration

With more number of customer shopping online you`ll require a single real time view of the stock availability and sales performance all over your business in avoiding the lost sales and also to deliver a consistent, providing high quality shopping experience.

Central Management Stock Control of Stock

If you need a flexible, integrated approach, connecting stores, web and other channels in one seamless epos system then have a look at Epos Direct. There`s no chance of any duplication or manual reconciliation. Central management control over stock levels and real time visibility of trading performance which helps to improve buying decisions and make sure stock allocations and replenishments of stock are accurate every time.

You can easily allocate stock to web or catalogue sale for order fulfillment

The objective of integration is to use same datafiles for multiple systems. Your POS is helping a customer`s purchase and record individual sales. These sales combine to form your complete day by day sales. For the most part, these daily sales are then "dropped" into your accounting software. Your accounting software probably won`t separate sales on a value-based level, yet they will have ledger entries for a particular week`s sales or day’s sales.

There are many key POS software features to think about while evaluating systems, but many tend to gloss overt he benefit of a strong integration with your accounting system. It`s important to think about whether the POS system you are looking for can integrate with your p

Mobile wallets

Mobile wallets, that empower customers to pay using their mobile phone rather than cash or card, are no longer new. Most mobile providers presently have their own product, however with technology improving constantly and use is just set to develop. For one thing, amalgamating payment and loyalty cards into one App is helpful as it eliminates the number of cards customers need to bear; payments are quick, simple and secure what`s more, can be connected effectively to loyalty schemes, enabling customers take advantage of the best offers. Not all POS systems accept mobile payments, however it might be advantageous considering a system that does, as it brings flexibility and opens up another channel for customers to pay in the way they need.

Cloud based POS

Cloud based POS systems are on the increase and all things considered. Rather than storing

1. Mobile solutions

An increasing number of people are now using handheld mobile POS to reflect the fact that customers are not generally in one place, and greater sales can be improved by staying on foot close by them. This can also improve the user experience for the customer, who maybe won`t need to line as long. These kinds of solutions are typically cloud-based. They can be used anyplace in a retail or hospitality setting, or at the checkout. They can also empower staff to access data. The adaptability of mobile solutions can help save companies money over the long run.

2. Economic uncertainty

With looming and a lot of economic uncertainty all through the world, many industries are holding back on spending money on POS updates – especially within the fuel and petroleum industry. Many retailers have been tightening up their belts and holding onto existing hardware despite better options being available.

3. Mobile wallets

Epos Direct enables business owners to streamline online and in-store sales in the simplest system in market today.

Integrating Ecommerce with inventory can give complete management in a single location.

We are into creating a network of selected EPOS resellers and fully trained in all the aspects of our Multichannel EPOS solution. They can sell and support across a wide range of geographic locations.

Our resellers offer the sales and support to all the businesses looking to learn the power of Multichannel Solution from Epos Direct.

We provide best quality EPOS systems and what differentiates Epos Direct from other suppliers in the UK is that we understand the market better than anyone. We have over 18 years of experience and have been serving all the businesses.

We mostly serve the retail and hospitality sectors and we know exactly the solution to help a business to succeed and grow. It helps to be the most competitive EPOS systems solutions provider

However, in case you`re working on an old-school cash register or stuck in an expensive and demanding `free` POS contract, you`re likely tired of dealing with hold-ups and hidden costs.

Switching things up with cloud-based epos system can ease the pressure on this most important of systems. Epos software that runs from online, rather than trapped on your PC, makes it simpler to keep your system updated without constantly spending for the new version.

It means you can keep your information securely online, rather than on your POS hardware where it could get corrupted or even stolen. Get the right deal, and payment processing will also be taken care without the requirement for additional equipment or fuss.

Now, let us go back to the basics and talk about how customer transactions have been processed, what an EPOS system normally consists of, and touch on a few options that are now available to businesses.

EPOS systems then and now

Only a few decades ago, a point of sale system was, in its most basic form, a cash register. The earlier cash registers wouldn`t "know" what items cost. The person who is operating the till would manually enter the costs of purchased items, regularly with the help of price tickets.

They would then take the money, place it in the cash drawer and hand over the customer with a paper receipt. As epos systems evolved, they became more computerised, storing a product in the database on a PC server. Often, they would include a barcode reader so there is no requirement for

In this digital age, there a lot many ways by which to browse and complete that purchase become increasingly slick. A competitive market offers us choices and is there any valid reason why we wouldn`t go for the retailer that offers an increasingly sophisticated customer experience?

All things considered, with the ever widening internet there is an entire scope of potential outcomes. But what is going to convince your customers to be loyal to you? What is going to help entice your new customers to perceive what you bring to offer? With buyers expecting more sophisticated interfaces and retailers attempting to develop more customized experiences, if you are to remain a player in this competitive arena where customer loyalty is important, two key ideas are omni channel and mobile.

Epos Direct takes a look of the key reasons why if you haven`t effectively done as such, you have to take a look at your online mobile experience – in reality why you need to make it mobile first.