The holiday shopping season is here, and with it, the promise of booming business. But to maximize sales and minimize hassles, retailers need a powerful ally—technology! Now is the time to assess whether your store is ready for the holiday shopping season—and see how various solutions, especially POS solutions, can make it so. Here are…
True or false: a point of sale system is a point of sale system, and it doesn’t matter which one a merchant happens to choose. If you said “false,” you’re right. Not only do point of sale systems differ by manufacturer, they also differ in terms of features—so a point of sale system that works…
Efforts to legalize marijuana continue: California and Washington allow its purchase for recreational and non-recreational purposes, while the sale of medicinal cannabis by prescription is permissible in 23 states. With this trend has come an increase in the number of stores that sell marijuana in a brick-and-mortar environment. In order to maximize their potential, these…
As a consumer, you have no doubt seen a retail POS system in action. But do you know its basic capabilities and how they benefit a retail business? Here are the major functions of retail POS systems today. Transaction execution: Today, almost every retail POS system has an integrated scanner that automates the ringing up…
Retail technology is changing at breakneck speed. To remain ahead of the competition and improve their businesses, retailers must keep abreast with the latest developments and implement new solutions accordingly. Let’s look at three emerging retail technology trends and why the solutions they bring to the table are gaining ground in the marketplace. 1. Tablets…
No matter the vertical market in which merchants play, retail kiosk implementation comprises an effective tactic for bolstering revenues, keeping operating expenses in check, and enhancing the customer experience. However, deployment costs are such that savvy store owners and managers must pay as much attention to the psychology of retail kiosk placement and usage as…
Customer acquisition is top of mind for most businesses – most of their marketing budget is spent on advertising materials meant to drum up new visitors. Not to mention, new technologies such as group buying sites and consumer reviewing apps are emerging to help businesses expand their reach. However, many fail to put as much…
Retailers, take note: Contrary to what you may believe, customers do want to hear from you—providing that whatever information is being communicated to them is relevant and personalized to suit their needs. Here’s how five different retail technology trends can be used to connect with and engage consumers. Data analysis tools. Many retailers are already…
The threat of an e-commerce takeover has retailers everywhere shaking in their boots. They’re thinking, “What can we offer that the internet can’t?” In response to the phenomenon, smart retailers are doing everything in their power to improve the in-store experience. They know that consumers aren’t drawn to their brick-and-mortar stores for the prices or…
It’s been a rough year for brick-and-mortar retailers. In fact, USA Today reported that top clothing retailers like Abercrombie & Fitch, Barnes & Noble, Aeropostale, J.C. Penney, Office Depot, RadioShack, Sears, Staples and Toys “R” Us are the ones planning to close the most stores in 2014. In general, consumers are choosing to shop online…