If you're still running your retail store on a traditional cash register setup, you could be missing out on sales, theft prevention, and valuable business insights. Learn why it's beneficial to upgrade your small business to a point of sale system!
Want a live demo of our software, and to learn more ways we can help your SMB? Take POS Nation for a spin: www.posnation.com/schedule-demo
TRANSCRIPT:
Are you running your small business on a traditional cash register setup?
Maybe you like that it’s simple, and it’s always worked for you… so why upgrade now?
There are several reasons why a traditional setup isn’t the best option for your business anymore.
In this video, we’ll share why upgrading to a point of sale system is the best move you can make.
The first reason you should upgrade from a cash register is to improve the checkout experience.
Everything is done manually on a traditional setup, while POS systems do all of the work for you.
Ringing up products, applying discounts, and accepting all payment methods can be done without any delay.
Plus, without POS software to assist, you’re more likely to make mistakes and open up opportunities for internal and external theft.
Another risk at checkout is associated with age verification.
If you sell alcohol or tobacco products, you need to check customers’ IDs before finalizing their purchase.
With a POS system, you can simply swipe a driver’s license and the software will instantly accept or deny the transaction.
If you’re just looking at the birthdate on an ID, you have no way of knowing whether it’s real or not, opening your business up to serious fines.
The second reason your cash register isn’t cutting it is inventory management.
Modern point of sale solutions have advanced features that simplify and automate your inventory.
This allows you to do less frequent stock counts because your software is tracking sales, damages, and purchase orders - keeping all counts up to date.
Plus, there’s now POS software that can learn your selling patterns, automatically ordering your top-sellers when they’re low, and avoiding any reorders on products that are hard to move.
Unfortunately, a traditional cash register setup can’t do anything to aid inventory management - which puts you lightyears behind your competitors.
Finally, using a cash register to manage your business doesn’t really help when it comes to reporting.
You’re likely spending several late nights trying to put together reports of your own to know how business is going.
Modern POS systems come with several pre-built reports, meaning you can dive into any aspect of your business with the click of a button.
If you sell tobacco products, a POS solution can automatically prepare your RJ Reynolds and Philip Morris reports so you don’t have to worry about making any mistakes.
At the end of the day, upgrading from a traditional cash register will save you time and money, make less room for errors, and simplify how you’re running your business.
If you want to learn how upgrading to our point of sale solution can benefit your retail store, reach out to sales@posnation.com to schedule a live software demo.
Plus, you can check out our buyers’ guide in the video description for industry insights and what to look out for.
Thanks for watching!
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