Thursday, Mar 28, 2024 | Last Update : 03:31 PM IST

  Business   In Other News  15 Oct 2019  How to prepare your business for the festive season

How to prepare your business for the festive season

THE ASIAN AGE
Published : Oct 15, 2019, 11:41 am IST
Updated : Oct 15, 2019, 11:41 am IST

A good POS would help to manage and control business expenses with greater proficiency.

A point of sale system, or POS, is the place where your customer makes a payment for products & services at your store or a merchant completes a transaction. (Representational Image)
 A point of sale system, or POS, is the place where your customer makes a payment for products & services at your store or a merchant completes a transaction. (Representational Image)

A point of sale system, or POS, is the place where your customer makes a payment for products & services at your store or a merchant completes a transaction. This is present in both online purchases as well as transactions carried out in traditional brick and mortar stores. The point of sale (or POS) in retail industries uses a combination of software as well as hardware.

Choosing the right point of sale (POS) system is vital for small businesses. A good POS would help to manage and control business expenses with greater proficiency, providing a better understanding of what products to sell best and then refine their stock accordingly, track product results and performance and engage customers and prospective customers with loyalty rewards.

Since the festive season is around, it is the busiest time for retailers and entrepreneurs. Everyone is out purchasing things and buying gifts for all of their friends and family, and maybe one or two things for themselves. People also have the tendency to eat out a lot during the festive time. 

A retailer will see more crowd than usual, a restaurant will be more crowded than normal days, a store will have more buyers than the regulars. The whole chaotic environment both inside the store and in management can be easily avoided by using point of sale during the period. 

Point of Sale helps to streamline the business in a hassle-free and smooth way. 

Accepts all kinds of payments – card, QR code, wallets, cash

Receipt printer

Barcode scanner

Wi-Fi enabled

12-hour battery backup

Inbuilt QR code scanner

Saves counter space

Seamless integration with your systems

Enhance store display with minimal hardware space

Auto SMS and Email send out feature for all transactions

Saves cost of installing enterprise and billing software

Tags: business, festive season