New Point of Sale Technology
As technology emerges yet again into another world we as retailers are under the thumb of the patron. Many times we think that upgrading will cause problems with our current systems and it can be costly, although the benefits seem to outweigh the expensive costs when it comes to new advancements in technology.
Emerging with the POS systems are the new VeriFones that will be able to us POS systems in place of credit cards, checks and other means of payments. The problem is that it would need to be widely accepted by retailers for it to work. The VeriFone would work in place of the physical credit card for easier and faster check out. This may be the new wave of the future for payments.
This may only work if there are already retailers on board with the capabilities of using the verifone. It also may help if there were a “rewards” card or some type of incentive to get our patrons to use this new way of paying. All of the glitches need to be worked out because with peoples credit information they are not so willing to just use it for anyone. They need the confidence that their information is secure and safe. This can all happen with the new POS systems.
1. Keeping tabs: Restaurant corporation integrates video with POS system – Information regarding the ease and capabilities of the POS systems used in restaurants, according to David Starmer this is a great way to help with loss prevention, integrating the POS system has helped with time, loss prevention, surveillance, as well as ordering and a lot of help with extra “eyes” to watch the cash flow in the business.
2. VeriFone puts money near mouth, says it’ll include NFC in all new POS terminals – Continue to upgrade your business to keep up with the changing times. This VeriFone idea could very well be the lead of the next best thing. Keep your business in the running by changing your system to accept this type of sale, allow patrons to pay with ease and stay ahead of the changing technology to better succeed in your business.
You might notice that there are only three titles in this weeks roundup post. That would be due to find three very interesting articles on small retail businesses using Apples technology as mobile point of sale devices. The mobile POS world is advancing very rapidly among small retailers and customers alike. The three articles we feature first will help give you a better visual and understanding of what an iPad or iPhone could do for your retail business. The fourth article we feature this week has 6 practices a local retailer should use to gain exposure in local search results for nearby customers. Then we end this weeks roundup with a one chapter excerpt from a book that will give you informative information for one way you can help grow your retail business.
In the beginning of February we featured a POS review of a new web based point of sale software called Cashier Live. This week the company’s announcement of the launch of their web based Pharmacy POS is our first roundup feature. The next feature is the announcement of NewLeads new and innovative “show order system” also known as SOS. Our third featured article is an easy to follow report tutorial created by TechRepublic for QuickBook Point of Sale users. The last two articles that are featured in this weeks roundup have to do with small retailers using social media. You’ll see that the numbers prove this is a marketing technique your small business needs to be using and what social media site is most successful for small retail businesses.
We start the roundup this week with a very simple but informative article that lays out a few questions small retailers need to ask when deciding on a POS for their restaurant. The second feature in the roundup is again a short article but I considered it important since it could save many small business owners money on credit card processing fees. Then we focus on an exciting upcoming event at the digital signage expo which is being considered the future of advertising. The fourth article this week is closest to my heart. It shows that local small retailers can still win the battle over online stores by providing physical products. The last article was chosen for the roundup due to the unusual perspective of customer feedback that caught my attention immediately. After reading the article it makes sense what the author is saying so it’s important for you to acknowledge.
One of the easiest ways to run your small retail business is to know your point of sale. That means everything form software, hardware, applications, troubleshooting and more. Being knowledgeable and having the right resources will help you maintain the level of efficiency you need to have with your point of sale system. This weeks first featured article actually came from a press release but that it would be an excellent point of sale resource similar to our Wizard of POS site. Our second article focuses on a mobile point of sale application that was tested by a small businesses owner and comes highly recommended. As we roll into our third article you will read about Radiants Systems new employee theft deterrent application. The last two articles in this weeks roundup reflect on your small retail online presence, tips for your business blog and how online pricing should be handled.