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From the first basic POS systems introduced in the 70’s, to the high preforming POS systems of today, we have come such a long way. This technology is no longer for just accepting payments but instead can now offer a deep insight to the logistics of any business. It doesn’t matter if you’re new and looking for the right POS, currently working with an outdated system, or just curious about the features you might be missing out on- a good POS system is vital to becoming a successfully thriving venture.
What is a POS
At its core, a point-of-sale system (or POS) is a combination of hardware and/ or software that enables a business to accept payments from customers. Depending on what type of business you have will determine what kind of POS system you’ll need. For instance, if you own an ecommerce business then you’ll want to focus on the software best suited for online sales, but if you are a storefront merchant then using the right hardware (like a reliable card reader) will also be important.
In fact, there are several different types of POS systems out there- from apps to mobile readers, touchscreens to cloud backed systems, and basically everything in between. This means finding the right payment solutions provider, like Align eCommerce, who can offer a variety of POS system options will be essential to making sure your business gets set up with the right one. Figuring out exactly what your business needs might seem complicated, but it doesn’t have to be.
Why a good POS matters
POS systems aren’t only for accepting customers’ payments, they can also be used to help manage business! There are features like inventory management, appointment booking, loyalty programs, gift cards, customer tracking- and so much more. Whatever your business needs you can find a POS system that has it.
Think about it like this… if you are a retailer then being able to check current inventory status, redeem coupons, track the most popular items sold or make sure you’re staffed for the busiest sales hours, plus being able to process returns quickly, can all be advantages your establishment offers with the proper POS system. This ultimately will help to build your business intelligence- which can lead to increased sales, repeat customers, and less headaches.
Having a good POS system matters! It is the difference between dealing with operating chaos or inadvertent mismanagement and having a smooth-running, successfully functioning business. Let Align eCommerce help get you set up with the most compatible POS system so you can be confident in knowing you have all the tools your company needs. Give us a call today!
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