If you want to become a leading player in the retail industry, it is imperative to make the most of last-generation point of sale (POS) equipment. At this point in time, there are numerous appealing options at hand, enabling users to save time and money while serving their clients in a much more effective manner.
Most of these hardware components are run via an iPad or other kind of touchscreen tablet. iPads look extremely sophisticated and give the impression that you respond to the needs of your most demanding consumers using the latest technology currently available on the market.
Benefits of Innovative POS Hardware
Automatic point of sale hardware can be bulky and expensive. That insanely heavy piece of metal producing a familiar “ka-ching” sound is now considered outdated, taking into consideration that more and more merchants have started to discover the list of advantages provided by modern POS hardware. This type of equipment is well-liked for its numerous benefits, including:
- Sleek design
- Expanded functionality
- Wireless management capability
- Increased reliability
- Reduced costs, user-friendliness and a prolonged service life.
These are the main reasons why iPad-based point of sale equipment is considered the best alternative at hand to heavy, old-fashioned POS hardware components. A modern network of software and hardware designed to record your sales works to your advantage, enabling you to avoid the hassles associated with operational and bookkeeping issues that may threaten your productivity.
These days, an iPad or a tablet serve more purposes that you could ever imagine. They are no longer used just for fun. On the contrary, a higher number of owners rely on these in-store gadgets to manage their cash register, client records and inventory tracking in a timely, cost-effective manner.
Just like millions of other business owners, you may be wondering: should I invest in POS or in traditional cash registers? Which option would work best for me? To identify the best answer to these questions, do your homework properly. Make an inspired choice by evaluating your unique business needs, expectations and financial possibilities. Think it through. What kind of payment methods would you be willing to accept? How many products do you sell and how many departments do you have in your store? How are you currently processing refunds?
According to About.com, POS systems have a number of benefits that you may want to consider, including detailed reports, improved accuracy and improved inventory tracking.
A report issued by Aberdeen Group Inc., cited by Internet Retailer indicates that, “Even the Best in Class retailers need to improve, but they are gradually moving towards making the POS more customer-centric. If a customer walks into a store with a web order, he could return it at the POS, or if he wants to exchange an item for an item not in the store, he could go online and order it.” In this context, modern POS hardware becomes a mandatory requirement for any retail business.
According to Entrepreneur, “Over the next three to five years, many of the existing larger and pricier point-of-sale systems will be replaced with iPads.” This is based on a forecast made by Dave Kaminsky, an emerging technology analyst with Mercator Advisory Group, a payments-industry advisory firm headquartered in Maynard, Massachusetts. The same source indicates that the right hardware and software elements can turn your in-store iPad into a powerful retail workhorse. You just have to do a little research on your own to make a smart long-term investment.
These days, buying the right POS hardware for your retail business becomes an easy task, taking into consideration the plenitude of appealing, affordable options currently available on the market. Premium, inexpensive POS-compatible hardware is all you need, to open and run a thriving business. Every single element is carefully designed to ensure a superior flexibility and give you the chance to keep up with new consumer behaviors, innovations and trends that may influence your company’s profitability.
Cash Drawers: these items keep your cash safe and can be wirelessly opened with your iPad app.
Receipt Printers: these elements enable you to print your receipts with minimal effort by utilizing your iPad.
iPad Stands: these products hold your iPad in place and can be easily moved around to help your clients sign on the touchscreen.
Barcode Scanners: these items ensure flawless, time-effective product inventory management and rapid transactions. Wireless scanners can be easily set up, have an extended range and a prolonged service life.
Card Readers: Card readers allow you to accept credit cards securely. If you want to embrace different other payment methods — like Interac debit cards, for instance — you could also choose to use an external card terminal.
All in all, modern point of sale equipment gives you the chance to consolidate your business, attract a larger pool of buyers and improve your profit margins the easy way.
Photo Credit: Steve Snodgrass