POS software can do more for small business retailers than they may think. Good POS software, like that from Tower Systems, goes deep into the business, away from the sales counter, helping in many ways.
Help with avoiding and clearing dead stock.
- Know for certain what is not selling.
- Know how suppliers perform against each other and use this in your buying to reduce dead stock.
- Offer deals which make old stock look appealing such as BUY X and GET Y.
- Bundle products together into a package deal hamper to make them more appealing.
- Run time based sales.
- Know what sells with what and place on the shop floor accordingly.
- Use evidence in your data to negotiate with suppliers on dead stock.
- Include bonus offers to customers passively on receipts – marketing after they leave the shop.
