Things a Retailers Must Know to Run Multiple Stores

Many people avoid multitasking like it is a zombie plague. The same is the case when it comes to having to manage multiple stores. So like every task that we think is daunting can become easy as pie. In the retail business industry, where you have to run multiple stores, people can become overwhelmed and mess it all up. That is why here we present a guide for the retail business owners to function in multiple stores assuredly. Below are the points for you if you want to run your retail business with multiple stores smoothly.

Updating Your System to the Latest Technology

The first and most important task to enhance your business performance is to update to an efficient Retail POS Software Solution. It will help you and your staff to implement all the processes without worry.

To make your retail business successful, you must have both an online and offline presence. In this hyper-competitive era, businesses must consider selling through multiple channels and stores. One option that we would recommend all of the retail businesses to opt to is Howmuch.com. It is an omnichannel POS Grocery System, which allows you to set up your store virtually and physically.

Customer relationship comes next in the list of essentials to be followed and applied. Through an online software system, you can track all of the purchases done and the client information so that you can easily customize and distribute loyalty programs among your old customers to retain them.

Through this, you can also know when to offer discounts to boost up your sales again when there aren't many many people shopping.

This POS software system provides almost all of the features that we will discuss in this article. Along with being omnichannel, this software system also provides seamless inventory management. When running multiple stores simultaneously, managing an inventory can become a big hassle. So if you want your inventory management system ace, then getting the best POS solution would be wondrous. Through Howmuch.com cloud-based POS system, you would be able to look into the inventory management of multiple stores with a single view, with the convenience of operating and managing it from anywhere.

The reason why one must have multiple stores nowadays in the first place is also significant. Consumers are no longer spending hours in a brick-and-mortar store; they know they will not have long discussions with the seller for a minor bargain when they can find everything online. In fact, many consumers wait till a store launches a discount deal and then spend their money on good hefty deals to save themselves from the long discussions and time that they otherwise would have invested in a store.

In this revolutionized digital market, retailers need to redesign their marketing and selling strategies to suit the current wave of online shopping. Many retailers have already shifted to a complete online presence.

Gathering reports and analytics is another major step that plays a great role in boosting your retail business. Being a multi-channel retail store owner can drain out all your energy because it requires you to have all of the stores' data. To spare yourself the hard work and extra time, you need to have the right tools and features. The earlier mentioned POS software system also provides this feature to let you have the metrics that you should be tracking easily.

All of the above-mentioned features and functions are a must for a multi-channel business to grow smoothly. With the help of technology, humans have evolved in many sectors of life. That is how the business industry has also become hyper-competitive. If you also struggle managing the functions and are missing out on these features, then the Howmuch.com POS software system is the right choice for you. Integrating an online POS system will make your tasks easier for you and your staff. It sure is a difficult task to manage a retail business. Still, it is totally doable with the right POS software, and we hope that all the pointers mentioned above helped you a great deal.

Can Retail POS Systems Give a Boost to Your Business?

The technology that has impacted the retail industry the most is retail POS software; there are no two opinions on this. Any retailer who has utilized the system knows how useful and integral it is for any store’s success. Grocery stores especially require a grocery store POS software to keep track of their sales and manage their inventory efficiently. Online shopping has revolutionised how the operations were conducted in every business. Never before could have a traditional retail store expected to get orders from people through the internet, but it has become the norm now!

Now retailers are required to manage their online orders and in-store orders. They are further divided into delivery and takeaway orders. Managing customers, sales, and transactions from each channel and then recording it manually is a job that is full of potential errors, as human beings are known for making mistakes. Cash registers can be called as places to keep money safe but they are useless when it comes to stock tracking, customer management, promotion generation, etc. This is where a POS can step in and give a boost to your system!

Growth in Demand for POS Systems:

Most retailers have now understood the importance of a POS system as indicated by the surge in the sales of POS systems. According to a study, by the year 2025, the sales of POS systems would account to more than $100million, showing an annual growth of more than 7%! The features that retailers most look for are business reports, payment security compliance, regular upgrades, and mobile POS support.

Customers are on the lookout for personalized shoppinng experiences, and no digital soltuion manages customers better than a POS software. It’s impossible for the store staff to remember the name of each and every customer taht visits them, but according to statistics, more than 90% of the customers return to stores that recognizes them by name. The POS system maintains an excellent customer database, so as the customer pays, you are displayed with information about his purchases, name, last vist date, etc.

How to Make the Most of a POS’s Revenue Boosting Potential:

POS systems offer a good solution to the most annoying of retailer problems! Inventory tracking, for example, is no fun and is prone to a lot of human errors! Next, calculating the bills accurately is also an intricate task that has no room for error. The prices of products change a lot too, and updating them one by one can be a hightmare. A POS lets you update the product price centrally.

The customer information collected by a POS helps the marketing team into devising a marketing plan that improves the sales and design marketing campaigns that attract new customers as well as improve the customer retention rate. A customer rewards program is also very much appreciated by the customers and also plays in important part in improving the sales rates.

Two Key Features of a Retail POS:

The two critical features of a POS that are appreciated by retailers are its rewards keeping abilities and ease of creating effective promotions and marketing campaigns. Recordin keeping is a chore retailers hate and righfully so. One mistake and everything you worked for, comes crashing down! When you keep records, you can generate reports that help you make profitable, knowledgeable decision.

Next, the ability to pair up the transaction data to create promotions and discounts in the store is something much appreciated by the retailers. Genreaing promotions on specific items or the entiere store should be easy to do using a capable POS like HowMuch POS software. Nothing attracts customers like discounts, promotions and deals so make sure to utilize your POS for devising good marketing strategies for your business.

Snacks We All Enjoyed in Our Childhood!

They say childhood is the best time of your life. When you are young, in your childhood, you don’t see it but as you grow older, you realize how true it is. What attracted me to adulthood as a child was the ability to purchase as many snacks you want without having to take the permission of anyone. Those days, no one cared about the new post restaurant or eatery in town. Days were spent in stuffing our faces with chocolates, toffees and crisps. I was just thinking the other day, it was a good thing that we didn’t have online grocery stores then as I would’ve ordered a tonne of snacks from there. HowMuch is the best grocery store in Pakistan for online purchases and I see children ordering snacks a lot from there.

Full disclosure, I also use it to order snacks! Why? Because they have some of the snacks that I am really nostalgic about, the ones I grew up eating. Today, let’s reminisce about our childhood, carefree days and look at the popular snacks of the past. If you have had them, your childhood must be awesome, if you didn’t, well, look for them on HowMuch because you really are missing out otherwise!

BP Spacer:

This was a long, sweet, somewhat hard candy that was one of the most beloved candies of its time. It was cheap and tasty, therefore, every child of the 90s has probably tried it. It has been disappointing to see it disappear from retail stores as, in my eyes, it was truly revolutionary!

Top Pops:

Long before Lays and Oye Hoye had taken over, Top Pops was what people sought after when they were craving crisps. Adults loved it equally as the kids. It was available in two flavours and both tasted amazing. You could find small whistles and tattoo stickers inside the packs then.

Ding Dong:

This bubble gum lived in the hearts of the children of the 90s. From its attractive ads to it’s sugary taste, children were drawn to it like moths to a flame. Those days, spout, Trident and other famous chewing gum brands weren’t a thing. It was just ding dong. You can still quite easily find it at a nearby store, but its hype has considerably died down over the years.

Polo:

The big brother of mentos in Pakistan is what I like to call it. Polo is a mint that has a hole in its centre and it is so refreshing and tasty that just writing about it is making me miss it! You can still find it at some stores, but, like ding dong, it’s not as popular as it once was. I still strongly believe that this mint is much better than the alternatives that have come in the market.

Chilli Milli:

Candyland’s chilli milli is one of a kind. It’s a gummy bear that is spicy and sweet in taste. Some call it a signature Pakistani snack, and I am inclined to agree. You’ll only enjoy it if you have a love for Pakistani and Indian cuisine because spicy candies aren’t for everyone to enjoy!

Cocomo:

This particular snack is loved by people of all ages. And the good thing is that over the years, it hasn’t lost its popularity. In fact, many different flavours of the snack have come about now. But, the best still remains to be the chocolate one!