See that girl with the iPad in the corner of the store, tapping at the screen while her eyes scan the products?
She’s not showrooming. She’s the store owner, and she’s using a mobile point-of-sale (POS) system to pull up sales reports and plan next month’s purchases.
We all know that a lot of shopping happens on smartphones and tablets, but what about selling that way? It’s a rising trend.
Mobile Point of Sale Software
More retailers are realising the benefits of a mobile POS from the physical mobility it allows staff members to the ease of integration that lets you marry your mobile POS system to your payment processing, accounting and inventory management applications.
Implementation is often easier for cloud-based retail software, too it’s just a matter of hooking your apps up, then you log in on your iPad or other hardware and you’re ready to start selling.
Sheryl & Damon owns Styledasher at *SCAPE, a chain of women fashion and accessories boutiques in Singapore. What she wanted was a point-of sale solution that would integrate with her online store. She’d tried a few POS systems without success, but then she discovered one that worked perfectly.
“We were recommended by a friend who has use the solutions for her cafe and work really well, we sign up for the free trial and decided to use it for our store.” she said.
Another plus point was that Vend also allowed her to manage inventory seamlessly across all the Styledasher store, online and offline. The move to a mobile POS system saved the business time and money. “It was a daring decision to move from the mainstream system to something new, but we are happy about the rewards,” Damon said.
Retail Technology Innovations
Another thing that makes cloud based POS systems appealing to many retailers is their ability to show you real-time data, no matter where you are. You simply log into a web-based application and all the data is there waiting for you.
For a store manager or retail entrepreneur, that ease of access to timely information is priceless. Retailers handle vast reams of data every day, and big data strategies are required to sift the important information from the background volume and analyse it reliably. A good mobile POS system does all of that for you and simply shows you the insights the data offers.
It’s amazing what you can analyse in a retail environment. Everything from sales and inventory to store maps to footfall to employee performance is measurable and available for analysis via the mobile device in your hand.
All this makes it easy to get insights from your business statistics. For example, retailers can use data from a customer loyalty program -- with automated reporting via a mobile POS system -- to find out how they can give customers the most rewarding experience.
A retail company that takes advantage of these innovative technologies to give them the insights they need to create better ways of doing business will always have happy customers.