Shan Ratnam

Author is the CEO at Barcode Solutions (Barcode.com.au), which has been providing software and services to the booksellers for the past 25+ years. Since the launch of cloud based POS and Inventory Management, Barcode has diversified its services to all types of retailers.

Author can be contacted at: shanti@barcode.com.au

Barcode’s brand of product categories are:

  • POS and Inventory for Booksellers
  • Cloud POS and Inventory Software
  • eCommerce
  • Social Media Marketing
  • POS Hardware

Emerging Retail POS Technologies that You Can Adopt

by | Oct 1, 2022 | Point Of Sale and Inventory

With the advent of mobile technology and Smartphone, the world of retail is also changing. Currently, the most modern technology is also influencing the customer experience. And in this improved experience, it is the newest POS technology that is really scoring big. So, if you are a small business owner or running a middle size retail store, it is necessary that you implement the seamless POS experience. Think about it, won’t it make your customers happier if they get to checkout from any point of the store instead of standing in line for a long time in order to check out?

Here, in the following points, I am going to tell you about the benefits of three emerging POS technologies that are making a really big difference in the scenario of retail business. Take a look at the following points to know more.

Mobile POS

Now, bid goodbye to long lines at the billing counters. Small and mid-sized stores are introducing the newest technologies like mobile POS that can give relief to the waiting customers in your store. The benefit of it is certainly the faster billing process, which will offer the customers a smoother and faster checkout. Also, with mobile POS, the interaction between the customer and the employees will become much better.

Loyalty Management System

Seeing the success of the big brands, the smaller ones are also introducing this system in their retail business. When you are rewarding your customers with some freebies or cash back, it will make them loyal to your brand. And why not! The benefit of this loyalty management system is that you will get more interaction not only at the store but also on your social media pages. At the same time, getting a loyal customer base is certainly a plus point too. Eventually, it will increase your sales.

Digital Wallets

Carrying cash has become outdated. In fact, always producing debit or credit card seems to be a task too. A digital wallet can be the best option as it will automatically store the details of the customer once the purchase is made. Moreover, the customer will have direct access to information as well as loyalty points and benefits.

So, now as you know how these three POS systems can benefit your business, don’t shy away from integrating them in your retail business. After all, improved customer experience will automatically translate to more profit.

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