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Showing posts from September, 2019

Top 10 Advantages of Point of Sale

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There are many points of sale profit and profit for your business, especially when compared to a traditional cash register. If your business still uses electronic cash registers (ECRs) and credit card terminals, at some point you are probably considered an upgrade to the full sales center (POS) system. However, if you have hesitated in the past, there is no better time to upgrade than this. POS systems are easier to use and more cost-effective than ever before. With a  POS system , you will see benefits in every area of your business, not just at checkout. This is the time to toss the Clooney cash register that you can count on to grow your business. 1. Increase Efficiency When your cashier will have the right tools to support how they work, your operation will run more efficiently. You can't expect a carpenter to build a house without a hammer and nail, okay? If you are not giving your employees the right tools for the job - barcode scanners and POS systems, do not...

How Businesses Can Scale Up

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Lately, we have been discussing a great deal of small businesses and trying to understand ways through which they can scale their business. In order to to get a better vantage point on the SME market, we have also met various business owners, of late. While the businesses have displayed great enthusiasm and an ambition to grow, we have observed that a lack of focus on three crucial fronts waylays their efforts and encumbers their growth, namely: Core product and services of business Customer Experience Customer Insight Core Product And Services Of Business:  Businesses should focus most of their resources on delivering quality products and services to their customer. For example, quality of food should be the core focus of a restaurant and for retail, selling quality products should be the priority, and so on. The first step is to identify the tangential tasks which are not core to the business. Automating or distributing such tasks will allow the business owners to ...

Benefits of Point of Sale (POS) Systems for Small Businesses

Great points of sale have countless benefits for small businesses. They will not only help manage day-to-day sales and inventory but can help businesses grow with their built-in loyalty and marketing software, as well as provide business intelligence. The top 8 benefits of  POS systems for small businesses  are: Reduces time spent on administration Effective POS software will be able to provide relevant reports to help you make timely profit-making decisions. It is necessary to have a point of sale software that is easy to set up, up and running quickly and is easy to use. A streamlined point of sale system will reduce the hours spent on administration and give owners free time to work 'opposite their business' in their business. Increase store profitability POS solutions have the potential to increase store profitability. This can be achieved through effective inventory management as well as capturing buyer behavior, which in turn will facilitate personalized an...

8 Mantras for Successful E-commerce Business.

The digital world is an ocean of opportunities and you can strike gold if you know where to look. Unfortunately, the reverse is also true. The digital world is vast and it is as easy to slip into the realm of obscurity. So, if you are looking to find your feet in the digital space, here is a step-wise blueprint for you: 1.  Strategic Collaboration Though the dynamics of virtual marketplace are very different from the real world, the fundamentals of business remain the same: no business runs in vacuum. You need to partner with bigger brands for promotion. Align your brand with already established firms to leverage their brand-power and gain traction in the market. 2.  Drive Traffic To Your Landing Pages Once you have grabbed eyeballs and built some amount of brand recall, you will see a spike in your website traffic. The key point here is, that only targeted traffic will lead to high conversion rates. Direct the flow of your visitors to secure landing pages, and...