Point Of Sale (POS) Software Uses and Applications - Retail Mass
The speed at which point of sale (POS) software is
evolving is significant. If you've been in an Apple Store lately you'll have
noticed the days of clunky old cash
registers are long gone. Brick and mortar retailers are moving toward leaner
systems that operate on tablets and smart phones, not complicated systems that
cost thousands of dollars.
But it's not just retail stores that
are interested in POS systems -
ecommerce store owners who sell at craft fairs, trade shows, and farmers markets
are also in need of inexpensive and easy-to-use point of sale solutions.
What is Point Of Sale (POS)
Software?
POS software is what brick and mortar retailers use to conduct sales.
It's sometimes a cash register, computer, or even an iPad where cashiers input
your products, tally the cost, and conduct the financial transaction. Most POS software will also communicate with
inventory levels to keep everything in balance. A lot of big box stores have
wildly expensive POS solutions, some of which were custom built for their
needs. Smaller retailers are moving away from these traditional POS
systems and toward cloud based point of sale solutions.
What is Cloud Based Point of Sale
Software?
This is the newest trend in point of
sale software, and is quickly growing in popularity. This system can be
accessed directly from the Internet and is often compatible with most POS hardware (cash
drawers, printers, etc.) Cloud based POS systems are less expensive, and
they're convenient because merchants can access customer data from anywhere
with an Internet connection. This is great if you're a small business who sells
in a brick and mortar store, ecommerce store, and also does the occasional
trade show. When you use a cloud based POS and link it up to your Retail store
your inventory automatically adjusts.
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