New Data on POS Best Practices
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Posted On :
Dec-16-2011
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Article Word Count :
724
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A new report on POS best practices for retailers is available. The data aims to help businesses utilize POS technology more effectively.
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Retailers are often a bit apprehensive about mobile POS solutions and for good reason. In many cases, this is typically due to the fact that their
experience with a previous POS implementation program didn’t go very well, or they simply just don’t have any prior experience with the systems and are
afraid to use them.
And, there are the niggling issues concerning costs. Many retailers simply do not want to be bothered with paying the fees for installation and or
maintenance and say they do just find with a cash and carry system. But tell that to your customers as they walk out with their bank cards and nothing in
their hands because you can’t process their payment.
However, as we all know, technology has come a long way, especially with the proliferation of Andoid smartphones and other high-tech communication devices,
so it is now more critical than ever to have a mobile POS application for your customers. Mobile POS has the ability to reinvent the buying experience in
creative and innovative ways.
A new white paper for the POS industry discusses best practices for creating proof of concepts (POC) for mobile point of sale (POS) solutions. They suggest,
among other things, that when creating and deploying a mobile POS system, retailers need to consider the best ways to work with major retail brands and
consulting groups. The paper offers reatilers a step by step POS POC planning process, highlights the significance of mobile technology in the retail market
today, and explains in detail the objections that systems face from retailers and customers and how to overcome them.
In addition, the white paper also emphasizes the importance of not getting left behind when it comes to new technology, and moving quickly to capture and
keep your client base, as well as the role that customers play in IT decisions. Many customers today also want and expect to be able to use debit bank cards
when they make purchases and they don’t like paying high fees for the privilege. After all, it is their money.
Haven’t heard about prepaid cash or credit cards yet? You will. More and more of the under-banked or un-banked community are buying prepaid credit cards
from companies like Green Dot, NetSpend, Mango and Walmart, which they can use just like a credit card or bank card at your POS. These cards are bought
using cash and are reloadable, filling the gaps for folks who either do not have the credit to open up a checking account or obtain a credit card, or who
simply don’t want either.
There are a lot of challenges along the way, from the different platforms that customers use to the different operating systems available. At its best,
mobile POS can reduce labor needs, increase sales and improve customer satisfaction. Keep fees to minimum for you and your customer are also important.
Mobile POS gives power to associates as well as consumers, letting them check prices and availability from mobile devices right inside your store or retail
location. This gives customers a sense of control over their purchases which research has shown to result in positive purchase experiences, which of course
translates to higher sales.
In addition, customers can also get recommendations, suggestions and up sells online, which can lead to increased basket size for your business and overall
improved customer service—a win-win for you and your customers. And, customers can also check out right there on the POS system.
Trends that were too expensive to be implemented with traditional POS models only a few short years ago are now very cost-effective with the newest mobile
POS technologies. If your POS system is in dire need of updating or you have never implemented one, now is the time to. You’ll find higher profit margins
and happier customers on the other side.
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Article Source :
http://www.articleseen.com/Article_New Data on POS Best Practices_119913.aspx
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Author Resource :
To know more about POS Systems please browse POS Systems
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Keywords :
POS Systems, Point of Sale Systems, Restaurant Point of Sale,
Category :
Business
:
Business
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