A sales promotion found beside the check-out counter in a supermarket or department store is called point of sales. The intention of such sales is to attract customers to buy either new products or when there is a special offer. Sometimes during a season or special holidays, such sales strategies are used to display the products in an attractive manner on special stands. Other ways of displaying are in dummy packs, using posters and big banners etc.
POS Software Systems
POS systems are flexible and cost-effective software systems that help retailers to integrate all information in your department store seamlessly. The common features include inventory control, customer management, purchase orders and also back office account recording. All this will enable you to manage your business efficiently and produce net profits.
There are several companies that provide POS solutions by which you can stay connected with your business partners or colleagues from different parts of the country. There are wireless POS systems that connect the terminals to the CMDA phones.
Benefits of Using POS Systems
There are several advantages of using the POS software:
The point of sales software is simple to use especially for retail business to trace inventory, sales and customer information.
You can have control as it functions in either a single store or even a chain of shops.
You can lessen manpower thereby saving money.
Bar coding becomes simpler and it reduces the errors caused by data entry.
Finally, as the billing can be done quickly, customers are happy.
Restaurant POS Systems
‘Squirrel’ revolutionised the hospitality sector by being a pioneer in introducing the first restaurant point of sales system in hotels and cafes. It was started with a touch screen. Later on, ‘integrated credit card authorization’ was set up in the POS.
A restaurant POS can function for any type of restaurant or number of restaurants. It is well packed with a lot of useful features. Some of them are listed below:
There are features that include reservations, guest paging and waiting list.
It has superior CRM such as house account, gift card and frequent buyers facility.
There are others such as caller ID, web ordering, coin dispenser and map point incorporation that are also found in a cafe POS system.
There is total inventory control and management of menu recipes.
There is facility for ordering food online and payment processing.
Finally, you have control over the kitchen area too by having a kitchen display and routing integrations.