The endless minimum wage debate will forever cause a stir in the retail industry, particularly in the small retail sector. Who can afford to pay higher wages and who can afford to live on what minimum wage pays? This week we feature two great articles that give three different valid opinions on the subject. There is also help for choosing the best retail POS, increasing sales with a thing called a “shoplet” and fascinating security integration for small retail EPOS.
1. Choosing The Right Retail POS System For Your Business – Amy Nutt offers some great tips and advise on how to decide on the right retail point of system for your business. From identifying your need to creating a budget this article will help you make an informative choice when purchasing a POS.
2.IndigoVision introduces EPOS integration – Truly amazing new technology integrates IndigoVision’s powerful surveillance system with your retail EPOS. Data being sent to a live video display from the EPOS allows you to view the camera feed and the till transactions at the same time. It bookmarks transactions by thumbnail for easy searching and has an alarm system when certain transactions send a trigger.
This security feature could save retail businesses from theft, security breaches or many other losses. It can alert staff of a door left open, an open till or a large refund. Plus the transaction analysis can improve efficiency like finding a credit card transaction by searching every till in the store or across all stores from the main office.
3. Are Shoplets Better Than Banner Ads? – This is a follow up to an article we featured back in may. A test program put in place before Mother’s Day by Alvenda and 1-800-Flowers. They put “mini-webstores” on advertisers’ sites versus the traditional banner ads. This allowed customers to directly purchase flowers without having to go to the main website. Read the article for the amazing results…This could truly improve internet sales of the future.
4. Small Business Owners Question Minimum Wage Increase – The opinion of what the minimum wage increase means to the average low income American and the perspective of a small retailer that has to pay that wage. You are clearly able to see the great points that both sides of the sector make. How can one do without it and how can the other just do it?
5. Living wage: The salvation of the retail economy – After reading the article above I ran across this one. The author makes a very valid, unique point about the impact of a minimum wage increase to $10. The outlook benefits both the employee and the small retailer. Employee retention, better training and back to the days when employees were helpful, knowledgeable and friendly.