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How Retail POS Systems Help Manage Festive Season Traffic
The festive season is one of the busiest times of the year for retailers, which means increased orders and in-store traffic. With a large influx of foot traffic and increased sales online, it can become difficult to keep track of orders without a reliable retail POS system. As one of the leading POS software and hardware providers in the industry, Eurostop has helped many clients manage festive season traffic and generate big returns. Here are some of the leading benefits of having a POS system during the festive season. Increased Efficiency One of the biggest benefits of using retail POS software during the festive period is that it can be much more efficient than ringing up sales the old-fashioned way. If your store has increased traffic, using reliable POS software will help you handle that heavy influx of customers, enabling you to serve more people. You’ll also be able to process payments anywhere, which means more solutions for making mobile sales and more transactions on the retail floor. Improved Customer Service Another added benefit to POS systems is that they can help you provide customers the very best service possible. This is especially important during the festive season, when people are expecting a bit of cheer and great service no matter how busy your store might be. You’ll be able to reduce lines and minimize the chance that customers are going to go elsewhere due to extended wait periods. You’ll also have customer loyalty information to hand, for that personalized service and be able to provide them with a digital receipt for each purchase. Offer Special Deals & Discounts Many businesses offer exclusive deals and discounts to drum up customers during the festive season. Having the right POS system makes it easy to set up promotions for scannable items, ensuring that the promotion/discount is applied when staff ring up sales. This makes it easy to offer gift cards, buy-one-get-one free deals, and other enticements, all while ensuring transactions are processed as quickly as possible. Added Marketing Opportunities Providing staff the ability to go out on the floor of your store and help customers rather than stay behind a register can be beneficial. With a POS system that’s compatible with tablets, for example, they can help answer pricing questions and ring up customers right then and there. Additionally, having facing displays and interactive screens can also provide added marketing opportunities. Let Eurostop help you handle the festive season rush! If you want to provide your customers with the very best customer service this festive season, as well as give your staff all the tools they need to streamline the transaction process, Eurostop would love to hear from you. Contact us online today for more stock control solutions and EPOS info or call +44 (0)20 8991 2700.
How to Choose the Right Retail EPOS System for Your Needs
Running a retail shop isn’t always a walk in the park: there are inventory and ordering to keep track of, in addition to managing employees and ensuring that your customers receive the very best service. That’s why many retailers try and take a bit of the work off their hands by investing in a reliable retail EPOS system, like the ones available from Eurostop. Switching over to retail EPOS software can help streamline processes and keep better track of your inventory. If you’re considering installing an EPOS system, here are some tips to ensure that you choose the very best one for your needs. Know What’s More Important: Features, Cost, & Transaction Execution Choosing by Features For some, the final choice might come down to features; others, the overall cost of the system. When choosing your retail EPOS system by features, it’s important to know which ones you’ll need. Some of the mandatory features included in any retail EPOS software package will be inventory management and reporting, credit and debit card processing, delivery tracking, inventory breakdown by size and color (for shoe and fashion retailers), and customer and employee management solutions. For some retailers, separating your EPOS system from your stock control software may be the best way to keep track of your inventory and oversee all your sales processes. Choosing by Cost Cost may be an important factor when it comes to selecting an EPOS system. However, we recommend that you consider whether your selected retail system is going to support your future plans. Will it enable you to scale up your EPOS estate as you grow? Does it have the correct support service plans to enable you to operate efficiently now? Having an idea of how the overall installation and implementation costs are determined both over the short and long term will help you get the most out of your investment. Transaction Execution Another important consideration to make is how you want transactions to be executed with your new EPOS software. Nowadays, most EPOS systems will be equipped with a barcode reader to scan the item/s a customer is purchasing. Some systems may also employ a touchscreen in addition to a scanner. These accessories will impact how your staff process transactions so select the ones most efficient for your retail needs. Let us be your premier retail EPOS systems provider! Do you want to streamline your retail processes, keep better track of orders, and track purchases? The cutting-edge retail EPOS software and hardware available from Eurostop makes it easy. In addition to our EPOS solutions, we also offer inventory control services, eCommerce integration services, and more. Contact us online today or call +44 (0)20 8991 2700 to learn more.
What is Stock Control Software & How Can it Benefit You?
If you own a retail business, streamlining the stock control process can help you save money, better serve customers, and keep a closer eye on your inventory. However, sometimes, it’s easier said than done. That’s why many retail businesses opt for investing in reliable stock control software, like the solutions offered by Eurostop. But if you’re still unsure as to whether a stock control system will benefit your business, here are some insightful facts about what they do and the advantages they have. What is Stock Control Software? Also known as inventory control systems, the main function of stock control software is to manage all the supply chain processes that affect the inventory of your retail establishment. This includes purchasing and product sales, in addition to deliveries, storage inputs, product tracking, product turnover, shipping and receiving, and reordering. Many stock control systems are also compatible with eCommerce sites, enabling retailers to manage all their inventory flow under one umbrella. For many retailers, the processes mentioned above are often divided into different departments. However, even if this is the case with your business, a stock control system will allow you to perform each step more efficiently and ensure nothing is overlooked. This is because all these processes will fall under a single system that can be accessed by multiple users from any location. Some of the most attractive features of stock control software include: Projecting Inventory Needs Accurate Recording of Inventory Data Retrieval of Products from Warehouses Sales Information Customer Histories Vendor Management Report Generation Automatic Stock Regeneration What Are the Benefits of Stock Control Software? Software for shop stock control can provide a wide range of benefits to retailers of any size. One of the primary benefits of investing in a stock control system rather than tracking sales and inventory the old-fashioned way is that it helps you maintain better control and visibility over your stock. It also enables retailers to consolidate other processes that affect stock, like sales and purchasing. Additionally, a stock control system will automatically update any changes regarding inventory in your system, so all your inventory will be accurate every time you make a sale or purchase. Stock control software also offers a host of reporting options so you can compare your sales successes from month to month and identify areas that need improvement. Let Eurostop help you get a handle on stock and inventory control! If the above benefits of stock control software have inspired you to take the next step, then Eurostop would love to show you how our systems work. You can contact us online to learn more about our EPOS and retail solutions or call +44 (0)20 8991 2700.
New Year, New Retail EPOS! A Checklist for Businesses
Is your business gearing up to ring in the New Year? One of the best ways to hit the ground running is by ensuring your point-of-sales processes are up to date. That’s why investing in a retail POS system can make a great gift for you and your employees. Eurostop wants to help make it easy to choose your new system, so we’ve collected some important information for you below! Assess Your Current Retail EPOS System’s Performance Before diving in and starting to shop for new retail POS systems and software, it’s important to assess the performance of your current setup. As you’re reviewing your business’ year-end data, determine whether your staff had trouble meeting their goals or targets. It’s also important to assess if there were any unexpected loss of sales due to POS mishaps like product inventory confusion. Once you’ve assessed your retail POS system’s performance for the past year, think about what needs to change and what type of solutions you want in your new EPOS system. Some of the most important things to consider are included in the following checklist: Make a note of all the hardware your new system will require Create a working budget for the setup and installation of your new system Define your company’s needs and how they might change in the year ahead Compare new EPOS systems Hire an expert to install your new POS system Let Eurostop help streamline your payment processes with our innovative technology! If you’re ready to move ahead and start shopping for new retail POS systems, Eurostop’s retail solutions offer a host of options. Our e-pos touch systems do much more than simply process transactions, they also enable you to collect customer loyalty information, perform upsells, and create advanced promotions. The live EPOS software from Eurostop ensures that all of your stock information is monitored and updated accordingly at every till point, and in every one of your retail locations. Our EPOS estate manager synchronises Eurostop’s stock control and merchandise management software with your EPOS estate, enabling you to provide a consistent customer experience across all channels. With it, you’ll be able to synchronize stock, security, CRM solutions, promotions, prompts, and even currencies. Additional features include: Omni-channel fulfillment Direct deliveries Inventory management International pricing Customer management Sales reporting and analytics Founded in 1980, the team from Eurostop has 30 years of experience providing global retail and EPOS solutions to a variety of clients. Over the years, we’ve become one of the industry’s leaders, providing quality retail POS systems to those in the fashion, footwear, jewelry, and general merchandise sectors. For more information about our innovative solutions, contact us online today or call +44 (0) 208 991 2700.
5 Ways Your Retail EPOS System can Boost Festive Season Sales
Running a retail establishment during Christmas and the festive months can certainly be a tough job without having to worry about your point-of-sale processes as well. That’s why many choose to invest in an affordable, reliable retail EPOS system to help them keep track of sales, customers, staff, and more. However, you might not be fully aware of what you’re missing, so Eurostop has collected some insightful information for you here! Create a More Intimate Customer Experience An affordable EPOS system can help you create a more intimate and positive customer experience by streamlining the payment process. Your system will be able to retain customer purchase information, payment details, and loyalty information all at the very touch of your fingertips. Attract New Customers with Loyalty Programs One of the best ways to draw new clients to your business during the festive season is by giving them an opportunity they can’t miss. With the right retail EPOS system, you can create enticing loyalty programs to drum up business during the Christmas season. The right software will make it easy to offer discounts, create special promotions, and launch successful festive season campaigns. Monitor Best-Selling Products During the festive season, it’s important to know which items are selling like hotcakes, so you can display them accordingly on the retail floor. You can run detailed reports to determine which products are selling best and when. This information will help you sell as much as possible and give you ideas to make those lesser-selling items more attractive. Streamline the Payment Process Gone are the days of the paper pad, calculator, and old-fashioned cash register, at least for most businesses. Having an outdated payment system, especially during the holidays, can make you lose business. But an affordable EPOS system will help streamline the payment process, enabling customers to pay in their manner of choice in a matter of seconds. With shorter lines, customers are less likely to go elsewhere to avoid a wait. Staff Scheduling Want your best salespeople on the floor this festive season? A retail EPOS system can help you identify the best members of your sales staff based on in-depth data. You can then make certain they’re working during peak hours, helping customers on the floor and raking in festive season sales! Let us help streamline your retail payment process! If you want to cut back on waste, monitor inventory and boost sales this holiday season, investing in one of our affordable EPOS systems is a great way to start. Learn more about our retail solutions by contacting Eurostop online today or calling +44 (0) 208 991 2700.
All You Need to Know About Retail EPOS Software
If you own a retail business, then one of the best ways to get a handle on staff, customers, and inventory is to invest in retail EPOS software. However, before doing so, it can be helpful to learn a bit more about the different applications it’s used for and the solutions it offers. That’s why the team from Eurostop has collected some insightful facts for you below. What’s to Know Before Investing in Retail EPOS Software? Here, you’ll learn all you need to know about retail EPOS systems, so read on! What Are EPOS Terminals & Peripherals? Electronic-point-of-sale (EPOS) terminals are what retailers use to process transactions and track sales. The hardware and software often involves a touch screen terminal and EPOS peripherals such as receipt printers, barcode scanners, cash drawers, chip and pin readers, and more. Why Are EPOS Systems so Important? If you’ve been getting by with a manual system for years, it might not seem like switching to EPOS software is that important. However, you might not be aware of some of the benefits you’re missing. It can increase your overall productivity by centralizing data, providing communication management solutions, more efficient store replenishment, revealing business insights through reporting and streamlining the retail checkout process. Additionally, EPOS software helps reduce costs by allowing you to make the most of your inventory by managing stock effectively and having it in the correct place to meet demand. Important Considerations to Make Before investing in a retail EPOS system, there are a few important considerations to make, such as: Taking the Growth of Your Business into Account: Do you plan on expanding your retail business in the coming years? If so, then choosing a retail EPOS provider that can grow with you is essential. Make sure that the system you choose can be easily integrated with all your existing software, scaled up if necessary, and will be compliant in the relevant geographical locations that you operate in.. Choosing a System Specialized for Your Industry: When it comes to Retail EPOS Software and systems selecting a system designed for your industry is essential to ensure that you can get the most out of it. For example, for retailers in the fashion or footwear industry, implementing an EPOS system that can organize products at the color and size level and provide reporting along those lines is key. Eurostop can streamline your processes with advanced Retail EPOS Software! If the benefits above have convinced you to take that next step, the team from Eurostop would love to hear from you. To learn more about our innovative Retail EPOS Software and systems, contact us online today or call +44 (0) 208 991 2700.
5 Ways a POS System can Benefit Your Retail Business
Running a business can certainly be exhausting on occasion. There’s so much to keep track of, like customer information, sales, accounts receivable info, inventory, the list goes on…That’s why many businesses can benefit from implementing a reliable retail POS system. However, how do you determine the best POS system for your retail business? Features of Best Pos System for Retail Below, you’ll find some of the key advantages of implementing a comprehensive POS system, so read on! Inventory Control & Organization One of the primary benefits of POS software is that it can help your retail business organize and manage all your inventory. It eliminates the need of having to waste valuable time and staff resources entering in your inventory manually on a regular basis; instead, the POS system keeps track of it and lets you know when it’s time to replenish your stock. Implementing a stock control system and then having it communicate the proper info to your POS is also another option. Customer Insights Retail POS systems are designed to provide you with regular updates and insights into your customers. They’ll track all the relevant data, like purchase history, individual profiles, personal data, and favorite items. Each time a customer visits your retail location, all this info can be brought up at the simple click of a button, making it easier for your sales and customer service staff to help them find exactly what they need. Business Data & Forecasting Collecting data and developing forecasts and analyses aren’t just beneficial to big businesses. Even small-to-medium-sized businesses can benefit from the insight gained from a retail POS system. You’ll be able to track how much you spend on a monthly basis and what your overhead costs are, in addition to identifying areas for improvement. You’ll also be able to generate detailed performance reports that are concise and easy to read. Staff Empowerment Having a POS system can give your retail staff the tools they need to be more independent, which can boost morale and empower your employees. It can also reduce turnover, which enables staff to build more long-term relationships with clients and boost customer service. Some of the best retail POS systems are even compatible with mobile devices like tablets, giving your staff easy access to info they need to best serve customers on the retail floor. Integrated eCommerce Last but certainly not least, a connected POS systems and eCommerce platform is essential. A modern system will be able to monitor both in store purchases and those online with a central view, and adjust your inventory accordingly. This will ensure that all your stock numbers are correct and minimize any issues. Let Eurostop be your premier retail POS provider! If you’re searching for one of the best POS systems for retail, you’re in luck. The team from Eurostop is committed to providing the very best technology at the most affordable price. To learn more contact them online or call +44 (0) 208-991-2700.
Retail POS Systems 101: Learning the Basics
So, your company has just invested in one of today’s leading retail POS systems, are you wondering what the next step is? You and your retail team are probably excited to get started using it, which is why Eurostop has compiled some basic tips and best practices for you. Over time, POS systems have become more than simply a way to monitor cash flow, they’re now also equipped with expansive software to increase efficiency and connect with customers. Let’s look below at some of the most attractive features of today’s modern retail POS system. Sales Reporting One of the primary functions of a retail POS system is to track all your sales and purchases each day. You are able to see valuable data such as sales reports by staff member, SGV report and deposit and reserves reports. This info will then be made available with graphics and charts for easy review. A robust retail POS system should also allow you to manage complex promotions and eliminate staff error. Customer Management Another key component of point-of-sale software is its customer management solutions. Most POS systems will be equipped with customer-relationship-management (CRM) software to record customer data. They’ll also be equipped to provide services designed to improve and strengthen customer relationships, such as using till prompts to identify promotions that a customer may be eligible for, tracking the sales histories of customers so that retailers can target customers offer upsell suggestions based on such data. With a retail POS system, you can also create built-in loyalty programs to reward repeat clients by issuing loyalty points on purchases, that may then be used for future purchases, driving future footfall and rewarding loyal customers. Inventory Management Retail POS systems are also responsible for keeping track of your products and monitoring inventory across your store estate You’ll be able to keep up to the minute records and monitor all the products going in and out of your inventory. Managing inventory across your business accurately is crucial for your success in store. Monitoring the transactions and inventory on the same system eliminates the risks that might arise from unpredictable stockouts as well as time spent checking different systems. You can reduce the time spent and increase your efficiency to offer your customers the experience they deserve. Let Eurostop help you roll out your new retail POS! If you’re interested in investing in a reliable retail POS system, contact the team from Eurostop today! We have more than two decades in global retail management experience and can come up with a system designed to suit your specific needs. Founded in 1990, Eurostop has progressed rapidly to become a major force in complete EPOS and retail software solutions, with a focus in the fashion, footwear, jewelry, and general merchandise sectors. Regardless of your business, we can equip you with highly-sophisticated retail systems that help you manage your customers and merchandise with efficiency and ease. We also specialize in stock control solutions, business insights and reporting, tenant management systems, and in-store apps. Contact us online or call us today at +44 (0) 208 991 2700.
Why Is Using Stock Control Software Important for Your Business?
No matter the size of the business, proper stock control is crucial to profitability in a retail outlet. This is why businesses are increasingly moving towards adoption of stock control software, rather than tracking stock by hand. Stock control software offers numerous advantages and features that would be impossible to replicate without taking advantage of technology. Let’s take a look at a few of the leading advantages below. Live up-to-date stock reporting Why send someone in back to count stock, when the technology can do it for you? With barcode scanning, it’s simple for the software to keep tabs on how much stock is still on hand. This gives you ample warning when it’s time to restock. Some stock reporting software packages even allow for automatic stock re-ordering, when on-hand items fall below pre-set levels. At-a-glance supplier information Even small improvements in how you do business can pay off with big savings over time. Any good stock tracking system is going to be able to maintain the supplier and re-ordering details for every item you stock, saving you valuable time looking that information up. You’ll see it whenever you check stock levels. Demand forecasting No oracle is perfect, but computers can still be very good at predicting the future when given enough data. Over time, your stock control system will be able to build up a complete view of the sales of any item at any time of year, allowing you to plan your purchases around expected demand. This is particularly crucial if you’re selling seasonal items which could go out-of-fashion by the time the next season comes! Integration with other databases The “back office” work of a business isn’t piecemeal, it’s all integrated together, which is why you would benefit from having stock tracking software that communicates with your other systems. For example, your bookkeeping software or an enterprise resource planning system. This sort of integration helps keep everything on track, as well as generating more data to analyze and plan from. Multi-location tracking The benefits of stock control software only multiply if you have multiple locations. This is when the system really shines, allowing you to get quick overviews of your entire operation, and what stock is being held where. This simplifies fulfillment, as well as reducing the likelihood of overstock. Eurostop is a premier provider of stock control software, EPOS systems, and other upgrades that make your business easier to manage. Contact us to learn more about our solutions!
What Features Does a Great Retail EPOS System Have?
The old-style cash register is quickly going away in favor of retail EPOS systems. Electronic Point-of-Sale (EPOS) software offers an all-in-one solution for processing sales, alongside a wide range of other features that modern retailers need in a data-focused world. They’re easier to use than traditional registers, and more cost-effective as well. There are plenty of venders offering retail EPOS systems, so which are the best? It generally just boils down to the feature set. These are some of the must-haves if your EPOS software is going to be worth the investment. 4 Critical Features of Retail EPOS Systems 1. Live and accurate stock information One of the best features an EPOS can offer is direct stock tracking, easily seen within the software. This eliminates the need for separate stock control software. The system should be able to provide accurate information about products, so customer questions can be easily answered, as well as displaying current stock levels so that you can easily see when it’s time to restock. Ideally, it should be able to pull stock information from multiple outlets as well. 2. Easy collection and collation of customer loyalty data Understanding your customers and their behavior is vital in today’s retail world and EPOS software can make that significantly easier. A good EPOS system should make it simple for employees to capture critical customer information, with a minimum of inconvenience to the customer. Additionally, it should be able to sort and display that data quickly, allowing you to investigate buyer trends that can be acted upon. 3. Upsell potential Upsells are a crucial interaction in any retail environment and this is another feature that can be integrated into an EPOS to good effect. Checkout employees can be prompted to ask for upsells and those upsells can even be based in part on the customer’s data history. Some EPOS systems even allow for customized customer-facing displays, which can be a great additional sales tool when making upsell pitches. 4. Robust reporting features Data is the backbone of modern business, but you need accurate data analysis and reporting to make use of it. EPOS systems should be able to provide robust reporting options that help you spot sales trends that go beyond individual purchases and focus instead on the big picture. Eurostop offers software solutions that modern retailers need to succeed and thrive. Contact us to discuss how we can upgrade you to full retail EPOS systems!