Instead of jotting down the number of sales on a notebook, retail businesses today use an electronic cash register to make payment transactions easier.
But the world’s technological advancement went on a leap again. Retailers can now take their customers’ experience to the next level with the retail POS system in Singapore. This innovation can accept payments and keep track of sales, both online and physical storefronts.
1. Remember Customers’ Personal Preferences
No matter how good your memory is, you cannot remember every customer’s personal preference. The good news is that a retail POS system in Singapore can save personal data.
Since 56% of customers are most likely to purchase from shops that recognise them, having a retail POS system will come in handy.
2. Identify Which One Is A Valuable Customer
A retail POS system can record each customer’s shopping habits in addition to personal preferences. A retail POS system would reward them for their steadfast devotion by offering them alluring discounts that are difficult to refuse.
3. Provide Seamless Inventory Management
Another feature of a retail POS system is that it provides seamless inventory management. Customers will know where in the store they find the product they are looking for in person. When you are running low on items left per product, it will notify your customers ahead of time.
4. Offers Multiple Payment Options
Besides paying cash and credit card or debit card, most people nowadays prefer to pay via a digital wallet. Once you embrace and include a retail POS system in your business, your customers can pay by scanning the QR code.
The QR ordering system can also work by letting customers scan the QR code label per product. It will list down and calculate the overall price. The payment will be processed automatically if the customer’s account and digital wallet have previously been linked.
5. Promote Self Service
Do you hate waiting as you fall in line for a turn? The same goes for your customers. A retail POS system has a self service kiosk that allows customers to order and pay without help from staff. They only need a way to get their number called to receive their order.
Need Extra Fund To Invest In A POS System?
Businesses from the food services and retail sectors can apply for a PSG grant and get a POS system. They can claim up to 80% of the funding support as long as they engage with a pre-approved PSG vendor like Suntoyo Singapore.
Go to Suntoyo Singapore’s website or contact them at +(65) 6553 3855 if you are to learn more about the PSG grant for a POS system.
