Small business advice: A checklist for those buying a retail shop

A common question we are asked at our POS software company has nothing to do with software. It is from people considering purchasing a retail business. The question is:  what should I ask for when looking at buying a retail shop?

The question itself, when asked, indicates how green a prospective purchaser is when it comes to purchasing a business.

Here is a list of data points we suggest retail business purchasers access from the vendor or their representative:

  1. P&L from the accountant for the last two years. i.e. not a spreadsheet created for the purpose.
  2. A good explanation of any add-backs.
  3. Sales data reports, for the last two years, from the POS software in use – to verify the income claim.
  4. Sales data reports from the lottery terminal to verify the income claim.
  5. BAS forms to confirm data in the P&L.
  6. A list of all inventory to include purchase price and date last sold for each item.
  7. A copy of the shop lease.
  8. A copy of any leases the vendor expects you to take on board.
  9. A list of all employees: name, hourly rate, nature of employment, start date, accrued leave.

This is good basic information that will enable any purchaser to undertake reasonable assessment of a business.

A good business will shine through the numbers just as a business with upside achievable by new owners will shine through.

My advice to vendors looking to sell who are concerned about this list is: think about it now and focus on your business so the data listed looks good.

Every day you make decisions in your business that impact many of the data points listed.

This is why we say every day is your pay day. Run a smart, lean and profit focused business and you will have a good pay day today and a good one when you come to sell.

The most appealing businesses are those that are easier to run and are making money.

The time to focus on that is now.

Sure, a purchaser can turn a business around. They should get the rewards if they are expected to do that for your business.

The price you can sell your business for will be based on what it is making now.

Getting the data ready for the sale of the business could, of itself, help you improve how you run your business.

1 likes

FREE STOCKTAKING TRAINING FOR POS SOFTWARE USERS

Our end of financial year stocktake training for our small business retail customers is proving to be popular. Even the additional events we are hoping are filling up.

Screen Shot 2016-06-11 at 7.53.18 AM

These live training workshops are supplemented with our one on one free training for individual situations as well as training through our training videos plus our training through advice sheets accessible from our online self-serve knowledge base.

We are grateful to our customers for supporting the free training opportunities. Our experience is that participating in the free training helps people get more from their POS software and makes them less reliant on our help desk for assistance.

Our free EOFY stocktake training covers all a retailer needs to know to prepare for and undertake an end of financial year stocktake.

1 likes

HELPING SMALL BUSINESS RETAILERS COMPETE WITH ONLINE

There is no doubt that every retail business, large and small, needs on online strategy. This is mission-critical to their success given the usage of online sites and tools in the shopping process, even the everyday shopping process.

Small business retailers can be part of this, they can connect with shoppers who are online and searching online by leveraging the valuable data in their in-store POS software into appropriate searchable and locatable online platforms.

The challenge is small business retailers often don;t know where to turn. Some engage a business consultant, others a web developer, others a friend with some geek-speak skills while others go it alone.

Given that successful online engagement starts with beautiful data, starting with a professional POS software company in your retail channel niche it most likely going to deliver the best outcome for your specific type of business.

The best way to do this is to partner with a POS software company with an established and successful online strategy. But this is more than a bit of tech speak and slick marketing, it has to be real, being used today and established with relationships with search engines and other valuable online platforms.

Small business retailers can grow their businesses with a smart online strategy.

Tower Systems has success in the online space, helping small business retailers to leverage local shoppers and shoppers interstate and even overseas. We do this work through several divisions in our company from desktop to web to marketing. Our approach is whole of business here and for our small business retail customers.

The outcomes we deliver are helping small business retailers to reap rewards they previously were not pursuing. In addition to the tech that makes this happen for small business retailers, we offer the business play, the why and how of business activity to help a small business retailer to find new customers, achieve net new revenue and build new connections in the wider world online.

Tower Systems has excellent success storing bring small business retailers to the engaged and exciting online marketplace locally and overseas. It is what we do everyday for our customers in a diverse mix of retail channels.

2 likes

SUNDAY SMALL BUSINESS RETAIL ADVICE: MANAGING EMPLOYEES

We have helped many small business retailers confront their employee management challenges. Based on years of assistance and advice, we have developed some simple guidelines, which we share here today for others:

You hire, train, manage, motivate and, ultimately, fire your employees. Their performance is on you. Next time you go to complain, first ask: what could I have done as leader to avoid this?

SET EXPECTATIONS BY SHIFT.

Key to good management and leadership is good communication. In a retail situation, good communication starts with setting expectations.

People forget. This is why a checklist is helpful in guiding the tasks you want completed.

It is important to be specific in your delegation – setting tasks for specific people rather than listing generally what you want done.

It is also important to be transparent, so everyone working on any given day knows what is to be done that day. Consider posting the list on a noticeboard or have the sheets in a clipboard at the counter for all to see.

Do not list on here things to keep people busy as they will see through it and be half-hearted. List what is important to the business, tasks against which you will judge your team members.

The more consistent and structured your setting and communication of tasks for and to your team members the easier it is for them to follow your direction and for you to you to measure their performance.

Tips for a good employee task checklist.

  1. Be clear and concise. Ensure that your directions are understood.
  2. Where appropriate, explain why, why a task will benefit the business.
  3. Fairly allocate tasks across the people working on any given day.

On the following page is a checklist you can use as a template. It is in a format you can easily change to serve your needs.

2 likes

TOWER SYSTEMS HEADED TO XEROCON, XERO CONFERENCE

Tower Systems is proud to be headed to Brisbane to participate in Xerocon South 2016, the Xero event unites the network of Xero accounting, bookkeeping and ecosystem partners under one roof for a collaborative and transformative experience. Xerocon has a history of accelerating innovation within the industry and fuelling small business success.

Tower Systems will be showcasing our latest small business POS software and our live and direct POS software Xero integration. We will have software and sales experts on hand to show off our Xero capabilities to accountants and other attendees at what is expected to be a sold out event for the Xero community in Australia.

This is a major event and we are grateful to Xero for the opportunity to participate.

As we get closer to the event we will share more about what we are doing for our growing Xero user community and those who support them.

Exciting times ahead.

2 likes

WEBSTORE / POS SOFTWARE INTEGRATION STRATEGY DRIVES RETAIL SALES FOR SMALL BUSINESS RETAILERS

We are thrilled with feedback from retailers using our POS software webstore integrations. The best feedback of all is the news of sales they are achieving that they would otherwise not have achieved.

Through websites we have developed and connections back to high street retail businesses using our POS software we have helped small business retailers achieve significant sales from shoppers interstate and overseas.

The sales success is as much a testament to our search engine work as it is to our web development and POS software / webstore integrations.

What is most interesting is the sales we are helping our customers achieve outside their usual trading hours. A retailer arriving in the morning at 6am to three sales totaling close to $1,000 is exciting. We hear about it because our retail partners like to share with us the success they are having. And we gratefully receive stories of their success because we know their success feeds into our success.

We have wonderful reference sites doing good business online thanks to the technology and backup business strategic advice we have provided.

Small business retailers can compete online, they can achieve sales they otherwise might have missed. They can reach into geographic locations where they are not known. They can easily serve these locations thanks to smart tools that make shipping each, transacting payments easy and providing personal customer service easy.

Helping and independent small retail business add thousands of dollars of gross profit to their bottom line in a year is a result we love here at Tower Systems. It is real thanks to the professional work of teams within our company in pursuit of our mission to help our small business retail customers to make money.

0 likes

INTRODUCING TOWER SYSTEMS – YOUR LOCAL POS SOFTWARE COMPANY

Tower Systems is an Australian POS software company that develops, sells and supports software for selected specialty marketplaces including toy, pet, produce, gift, newsagent, bike, garden and fishing businesses.

We only serve independent small retail businesses. This is important.

Our mission is to help retailers run more successful businesses. Our definition of success is a business that is making money, where the owners and employees enjoy what they do and where suppliers enjoy transacting.

Good software can play an important role in nurturing business success as it sits at the heart of the business: transacting sales, managing stock, tracking customer activity and shining a light on business opportunities.

What makes us different is how we engage. We go beyond what is traditional software company.

  1. We welcome working with product suppliers to create data links that save you and them time, data links that improve data accuracy, data links that feed more accurate business reports.
  2. We provide business insights based on data cultivated through the software – to business owners who ask. This is a free service.
  3. Our help desk provides context for advice. Rather than the turn it off and turn it on advice, our help desk team members explain the why, why from a business perspective the advice they are providing matters.
  4. Our software updates contain enhancements suggested and voted on by customers. You can have a direct say in the evolution of the software.
  5. Our communication is in plain English. While we are a company of IT geeks, when talking with customers we keep it simple. We know technology scares people. We don’t want it to scare our customers.
  6. We are accessible. You get to talk with real people all the time, including our leadership team.

We mention these capabilities today as they reflect what we stand for, what is important to us in our service of small business retail. Most important of all is our focus on small business retail, our commitment to helping small and independent retail businesses thrive as they compete with online a bigger retail businesses.

We take our mission seriously and personally. It is our reason for being in business. We are grateful to be of service to valuable and locally connected businesses.

2 likes

HELPING SMALL BUSINESS RETAILERS CUT EMPLOYEE THEFT

The theft reduction training video we produced in-house – How To Steal From A Retail Business – is being used by business groups to train their members on measures to take in retail shops to reduce the opportunity for employee theft.

In addition to the YouTube views, this video has been packaged and provided outside that platform for people to embed in conference presentations, one-on-one training and elsewhere.

Using your POS software small business retailers have excellent tools with which to reduce the opportunity for theft. These have existed for years. In addition to our software work, we act as expert witnesses in investigations and proceedings that successfully prosecute employee theft cases.

What matters is that theft can be reduced and even eliminated with good management oversight in any retail business using our POS software.

2 likes

HELPING SMALL BUSINESS RETAILERS CLEAN UP THEIR STOCK FILES

Tower Systems has a commitment to helping small business retailers using its POS software to clean up stock files, reduce inventory records and through this to focus on the dataset vital to the future of the business.

This work is part of our customer service commitment. It is included in our Tower AdvantageTM package of services.

Over time, stock files can become bloated with products once sold and no longer stocked. Stick files can also contain details of items provided by a supplier with a stock file, items never sold in the business.

The Tower Systems free assistance process cleans and washes the stock files, ensuring current and accurate data is maintained, removing the trash.

The result is good for small business retailers as it helps focus their attention on what matters to their business.

This is another free service from Tower Systems.

FYI it is on our mind this Monday morning because we have already helped one customer today with a stock file clean up.

2 likes

WHAT IS THE TRUTH ABOUT YOUR RETAIL BUSINESS?

The truth about your retail business is how it is performing now compared to the same time a year earlier. Not how you think it is performing or how you feel it is performing but how it is actually performing.

You are your most important competitor.

Report on the last period, usually three months, and compare this with the same period a year earlier. Look at revenue, units sold, traffic count, average sale value and basket depth.

Let your data be your truth, your only truth.

If someone in the business makes a statement about business performance, take a look at the truth for yourself and rely only on this for your planning.

If a supplier makes a statement about the performance of your business, take a look at the truth for yourself and rely only on this for your planning.

Next time you tell someone how business is doing, base it on the facts as facts are a currency on which you can bank and off of which you can plan.

Gut feel and opinion are nice, but they cannot be relied on as such as your own business data.

In the Tower Systems POS software there are excellent reporting tools that report the truth of business performance. We can help you access these and we can help you understand them.

We’re here to help.

1 likes

TOWER SYSTEMS AT SHOPTALK 2016 THIS WEEK

IMG_0036Some from the leadership group of Tower Systems are at the Shoptalk 2016 conference in Las Vegas this week. Shoptalk is a leading-edge conference bringing together 3,000+ retail and technology professionals to explore the future.

Our participation here for the four agenda-filled days is with particular focus on our constituency of small and independent retailers and how tech is evolving in service of their growth.

The event is halfway through and already there are valuable learnings and future-beneficial connections as we focus on continuing to deliver best-practice POS software to our 3,500+ customers.

The photo is from the presentation by Steven Lowy of Westfield – as fascinating insight into their extraordinary innovation.

2 likes

TOWER SYSTEMS POS SOFTWARE XERO CLOUD BASED ACCOUNTING INTERFACE HELPS SMALL BUSINESS RETAILERS CUT ACCOUNTING FEES.

The Tower Systems POS software xero cloud based accounting link is ideal for small business retailers keen to cut accounting fees – and who doesn’t want to cut accounting fees.

We use the xero cloud based accounting link ourselves in our own retail businesses so we live the benefits every day and can speak to ease of use, ease of setup and the value of strong results for the business from immediate access to up to date accounting data.

Developed to the exacting requirements of Xero cloud based accounting and established on the Xero cloud based accounting website as an approved partner, the Tower Systems POS software Xero cloud based accounting link makes it easy to feed sales data and other data direct from the POS software to xero cloud based accounting for a small business.

Setup is easy.

Use is seamless, in the background.

We have our own cloud based server as the bridge between our software and xero.

Data is accurate.

Speed is brilliant.

Reporting results are valuable.

This is a link small business retailers keen save time and money on external accounting will love. The link saves accounting fees by doing some work your accountant or bookkeeper might otherwise be doing for you. The link from within our POS software feeds data to xero seamlessly and in the background. No keystrokes required. Yes, real time is saved here.

We have accountants who have recommended us to their customers because of the xero link, accountants who themselves wholeheartedly endorse xero. We are grateful for these opportunities.

Xero as a company does not automatically bring on all software companies that connect to them. We are aware of they rejecting at least one POS software company. So, we are thrilled to be a partner and appreciate their engagement with us and their listing of us as a partner on their website.

What we are doing here with the xero link is another part of what we dub the Tower AdvantageTM, yes something we have trademarked because it is unique to us. Indeed, something so unique in our specialty retail channels and niches that we have protected it with a trademark.

2 likes

CUTTING RED TAPE FOR SMALL BUSINESS RETAILERS WHILE SUCCESSIVE GOVERNMENTS FAIL

While Australian politicians whip themselves into a frenzy during the eight week long election campaign, Tower Systems continues to deliver genuine time-saving Point of Sale software on which small business retailers can rely to save time and cut red tape in their businesses.

Using the Tower POS software, small business independent retailers are able to save time on everyday transactions in their businesses. This time saving is thanks to red-tape cutting facilities in the software, facilities designed to streamline processing, eliminate paperwork, reduce double handling and provide a smoother customer experience in store.

Whereas politicians talk about cutting red tape, here are Tower Systems we are delivering red tape reductions for small business retailers. The time savings delivered cover plenty of areas in small business retail including these.

  1. Lay-By.
  2. Special customer orders.
  3. Customer accounts.
  4. Ordering stock.
  5. EFTPOS processing.
  6. Account sales.
  7. Gift cards.
  8. Stock returns to suppliers.
  9. Stock returns by customers.
  10. GL / Balance sheet integration.
  11. Business performance tracking.
  12. Staff communication.

In each of these areas and more we focus attention on cutting keystrokes, reducing mistake opportunities and processing faster to save time for the business and its customers. What we help our customers save results in tangible benefits for each engaged business. This is a bottom line benefit.

Our savings come from careful analysis of workflow in the business, watching how people use the software and how they engage on both sides of the counter. The result is efficiency, real efficiency and not just the type of promise you get from politicians who talk and do not act.

On a table top function by function comparison, we are proud of how our software compares, of the benefits and efficiencies we deliver in the area of streamlined processing. The differences, time saved, mistakes eliminated and streamlined operation all mean a red tape busting benefit delivered by Tower Systems. This is what we dub the Tower AdvantageTM, yes something we have trademarked because it is unique to us. Indeed, something so unique that we have protected it with a trademark.

So when you hear politicians speak about cutting red tape, think about Tower Systems and the real difference it makes for small business retailers when it comes to cutting red tape for real. We are proud of what we do for our retail partners.

1 likes

HOW ANY SMALL BUSINESS RETAILER CAN GET SHOPPERS SPENDING MORE AND RETURNING SOONER

 

The biggest challenges of any retail business are to get shoppers spending more in a visit and returning sooner than might usually be the case. In this article by Tower CEO Mark Fetcher, we explore a simple yet effective tool.

All retailers, want shoppers to spend more in each visit and to come back more often.

Yet most retailers are uncomfortable overtly engaging with shoppers to get spend more in a visit or come back sooner.

Years ago, the thought was that a shopper VIP card or points based loyalty program was the way to go. Today, with such programs commonplace, their value is diluted.

There is talk among shoppers of loyalty fatigue – they are doubting the value of cards and programs where real rewards are not what was first offered.

Change the game: front-end loyalty

Instead of making shoppers accrue points that are then converted for cash at some future stage, why not offer cash-based rewards earlier, from the first purchase?

This approach is called front-ending loyalty. It brings a reward to the front in an effort to engage shoppers in additional purchases sooner.

It’s an approach that can encourage those who do not shop with you to purchase something else right away, to get the value of the cash discount offered.

Regular shoppers can spend the cash discount right away or come back within any time limit you set.

I started trialling this front-end loyalty strategy in February 2013 in several retail businesses. I did it using the Discount Vouchers facilities in the Tower POS software.

Building the basket

From the first day, in my own shop, I saw shoppers changing behaviour.

One customer came in to purchase a specific item. When I handed him the receipt I point out the voucher offering $2.00 of his next purchase. He was not a regular and so spent the $2.00, and more, right away on another item. He received another voucher and so purchased a third item. In all, he spent three times as much as the original purchase – all because of the Discount Vouchers he received.

Around 33% of all vouchers redeemed are used the day they are received. This shows customers building the basket – adding to their purchase that day as a result of the voucher. This makes each visit more valuable to us.

Bringing shoppers back

33% of redeemed vouchers are used within seven days and the remaining 33% are redeemed up to four weeks after issue, bringing shoppers back.

There is real evidence now from hundreds of retailers supporting these claims.

Here’s another real story: A few months ago, a customer came in and used a voucher she had picked up a couple of weeks earlier. She was happy to get $5.00 off a $65.00 item she wanted. This purchase resulted in another voucher so she bought another item for $29.95.

This customer said her friends had been recently talking about VIP cards and how they were useless. She then told them about us.

Changing how shoppers interact.

In another instance a customer was considering a $250.00 item but decided they could not justify the expense. They purchased some smaller items, spending $25.00.

On receiving a $5.00 voucher they turned around, immediately, and bought the $250.00 item.

We asked what happened. The answer was I don’t know. I needed permission I guess and the $5.00 did it.

This is a true story and there are many more like it in hundreds of retail businesses.

The key about discount vouchers is they change shopper behaviour, usually immediately and valuable for the business.

Indeed, discount vouchers are a game changer for many retail businesses, large an small, city and country.

We love hearing the stories of success from your customers.

You control the business rules

Like any good loyalty program, you need good levers with which to drive shopper engagement and to deliver the benefits to justify the investment.

The Discount Vouchers facilities have this.

You control the amount of each sale you are prepared to give away on the voucher.

You control the products the voucher can be used for.

You control how long the voucher is live for. I suggest 28 days but I have some retailers setting this at 90 days.

Helping your business

With most retail businesses running a loyalty program using a points based approach and only targeting long-term customers, adoption of this front-end loyalty approach can provide you with a genuine point of difference.

It is easily managed through the Tower Systems software and is backed by excellent management reports. This makes implementation and management easier than the old approach.

I’m confident this fresh approach to loyalty is a game changer for any retail business. The control you have enables you to easily manage the cost and the value you gain from the program.

This really is a new approach to bringing shoppers back sooner and getting them to spend more with you.

IMPORTANT FOOTNOTE: Beware of those who claim year on year growth or numbers of people in their loyalty program. What is needed is analysis of a series of metrics on a same store basis year on year, metrics that assess carefully what is in the sample basket. For example, including lottery products in a purchase value basket does not make sense – it creates a false result of little value.

Contact the author at mark@towersystems.com.au.

To find out more about how your business can compete a fresh approach to loyalty, talk with an expert at Tower Systems. They can share more stories. NSW/ACT/QLD: Nathan Morrison 0417 568 148; SA/WA/NT: Tim Batt 0401 833 917; VIC/TAS: Mike Hill 0423 848 482.

3 likes

SUNDAY RETAIL MANAGEMENT ADVICE: COMPUTER USE POLICY FOR RETAIL EMPLOYEES

Here is advice you can use to ensure computers in your retail business are used for their intended purpose:

  1. The computers in this business are business tools, they are important to the running of the business. Their security is vital to the safe running of the business.
  2. Do not use any computer for any form of personal use without permission. This means:
    1. No playing games.
    2. No looking at porn.
    3. No Facebook.
    4. No browsing websites unless they are websites used regularly by this business for running the business.
    5. No connecting your phone to the computer.
  3. Do not open emails including business emails unless you have permission.
  4. Do not click on any link in any email unless you are 100% certain that the email is from a trusted source and you have permission to access email.
  5. Do not clear the browser cache.
  6. Never permit anyone to use a computer in the business unless you have permission.
  7. Never give anyone a computer password from the business.
  8. Never write down any business password you are entrusted with.
  9. Never connect a USB stick with the computer unless you have permission.
  10. If you do something wrong own up to it immediately.
1 likes

Mailing the POS software customer newsletter

Screen Shot 2016-05-05 at 3.28.47 pmHere at Tower Systems we think too many POS software companies have distanced themselves from their customers.

We stay close.

Not only do we offer easy communication via email, online, by voice and face to face, we have a snail mail newsletter that offers tips and advice – delivered the old fashioned way so the information can be shared with all users of the software in the business.

The image shows one of the pages of our May newsletter put i the mail this week.

Communicating with customers by mail demonstrates our care of service for those not keen for electronic communications.

1 likes

SUNDAY RETAIL MANAGEMENT ADVICE: CELEBRATE THE BIRTHDAY OF YOUR RETAIL BUSINESS

Business birthdays are important – for you and for your customers, especially in a locally owned small retail business.

Embrace the opportunity of your business birthday for a celebration. But be sure to not make it all about making more money. Take time to embrace the achievement and love it.

Here are practical tips for celebrating the birthday of your business:

  1. Setup a photo board and invite customer engagement. Let’s say your business is six years old: ask customers to bring a photo showing them at six years of age. Their stories become part of your story.
  2. Setup a noticeboard. Let’s say your business is twenty years old. Headline the board with: To celebrate our twenty years in business, join us and list twenty things you love about this town.
  3. Recognise local heroes. Host an after drinks night in your shop and take a moment to acknowledge and thank local heroes. The number you acknowledge should be the number of years you have been in business.
  4. Thank previous owners. Create a history board of previous owners. Where they are now. Their stories. Show the rich long history of your business from before you owned it.
  5. Hand out a flyer listing X hidden gems of your region (where X is the number of hears you have been in business). The flyer is your birthday gift to your customers.
  6. Have cake. Everyone loves cake. If for no other reason than to get to eat cake have a birthday cake. Make it special. Have a big cake or lots of cup cakes. Set and date and time for the celebration.
  7. Party favor bags. Give every customer shopping on your birthday a bag of treats and favors you have chosen to celebrate your big day.
  8. The Happy Birthday discount. Offer a big discount to any customer who comes in on the day (or through the week if you wish) and sings, at full voice, Happy Birthday.
  9. Say thank you. In your front window, create a stunning and personal display saying thank you to the town. Do it visually, creatively and with a full heart.
  10. Half price birthdays. On the day itself, offer birthday cards at half price. While you are giving away margin and will bring forward what might otherwise have been full margin sales, you could get people buying cards from you who have not done so in a while.
  11. Be thankful. On Facebook leading up to your birthday share what you are thankful for from and through your business. Be sure to write with a voice of gratefulness and celebration.
  12. Dress the shop for a party. For at least the week of the birthday dress the shop as a themed party, maybe a kids party. Get everyone involved. Have fun and bring your customers in on the fun.
  13. Maybe a birthday party celebration sale. One night, after the shop has closed, put on some wine, cheese and nibbles inviting people to join you for some party games, prizes and deals.

A key aspect of these ideas is to remind people that your business is stable, can be trusted, is locally connected and knows how to have fun.

2 likes

SUNDAY SMALL BUSINESS MANAGEMENT ADVICE: BE MEMORABLE

Memorable customer service is the most important point of difference a retail business can have, especially a business which does not make what it sells and therefore could have its products being sold by any other business apple to reach the same pool of shoppers.

We call it memorable customer service because it truly has to be that … memorable. So memorable that it is praised by your customers to others.

Good customer service should be the norm, the lowest hurdle any retail business can jump. Memorable customer service, the level of customer service that makes a shopper talk about the experience to their friends, must be the goal and it is the word of mouth from these customers that is a factor in driving traffic growth.

Memorable customer service is just as vital to Point of Sale software companies as it is for retail businesses. Since we own retail businesses as well as our POS software company we see it, live it and reach for it from both sides.

This is why we work hard to encode the ability to focus on customer service in our Point of Sale software.  That’s right, retailers using our software have touch points they can leverage using software which help deliver the kind of memorable customer service we are talking about here.

Memorable customer service in retail, just as in a software company, is experiences which exceed expectations, it delivers benefits outside of what you expect even from a good business.  In our IT company we compete with big IT companies and small, like us, IT companies. While we want our software to be the point of difference customers notice and talk about positively, it is our customer service which is loved and mentioned to colleagues more.  Realising this was an epiphany for us.

We focus on building stronger, better and more valuable software. But we also surround this, completely, with customer service experiences which are the very best of the best. This gives us, and our customers, the best of both worlds. And we love it ourselves.

Given that most retailers do not have products unique to their businesses, delivering memorable customer service is critical to the business plan.  Small and independent retailers can do this more easily and effectively than big retailers. From the genuine smile to shoppers to product knowledge to that extra information which helps a shopper get more out of the product purchased than they would have had the purchased the product elsewhere. This added value is the key and it can be delivered in almost any situation and with any product from a stapler through to a high-end road bike.

So, beyond our software and as part of our customer service focus, we seek out opportunities to help our customers deliver memorable customer service.  Indeed, this was one topic we covered in the recent face-to-face user meetings we ran in capital cities and major regional centres around Australia.

As a Point of Sale software company, our mission is to deliver constantly improving retail management software backed with memorable customer service and going beyond this with business insights and assistance which helps our retailers themselves deliver exceptional and memorable experiences to their customers.

2 likes

THE JB HI FI 3 FOR $10 IS EASY WITH OUR POS SOFTWARE

IMG_8947Retailers using the Tower Systems POS software can easily handle package or bundled offers, like the JB Hi Fi 3 for $10 offer they are running for greeting cards.

Using our smart small business POS software, retailers can run bundled deals like we see in JB Hi Fi with ease. Small and independent retailers can match the retail giant simply and easily. This is important as offers like this make price comparisons difficult.

In addition to bundled offers like this, the Tower software also handled multi buys where shoppers can purchase over time, reaching an award point where they get free product.

These facilities are in addition to myriad other discounting options including catalogues, loyalty facilities, discount vouchers and more.

All of these tools help small business retailers to be competitive in their offers, competitive against other local businesses, competitive against online and competitive against big businesses, like JB Hi Fi.

The beauty of offers like the JB Hi Fi offer is shoppers are drawn to the deal of Three cards for $10 and often times purchase one card at a higher margin for the retailer. Our software handles this, kicking in the Three for $10 pricing offer only when the shopper purchases the three cards. This counter management based on volume is easy and automatic – delivering good outcomes for the retailers and ensuing maximum margin.

2 likes

EXTRA POS SOFTWARE TRAINING SESSIONS DUE TO DEMAND

Tower Systems is thrilled to announce the addition of the following training sessions due to demand for the original sessions:

  1. Meeting Name: How to handle non EDI invoices to keep stock accurate. Date: Thursday 12th of May Time: 2pm Description: See how easy it is to process invoice’s manually for suppliers that do not send electronic invoices to help keep your stock figures accurate.
  2. Meeting Name: Getting Ready for EOFY Date: Tuesday 17th of May Time: 2pm Description: Get ready for End of Financial Year now. What you need to do and the reports you need to run.
  3. Meeting Name: Retailer software settings you will be shocked you have access to. Date: Thursday 19th of May Time: 2pm Description: Help desk expert Colin Harris will show you settings you most likely don’t know exist that can help your enjoyment of the software
  4. Meeting Name: Stocktaking for EOFY Date: Thursday 26th of May Time: 2pm Description: Doing a stocktake in retailer and what option works best for you.

We are grateful to our customers for embracing our free training program. We know those attending training make better users of the software and better retailers.

0 likes

LOCALLY DEVELOPED POS SOFTWARE FOR AUSTRALIAN LOCAL RETAIL BUSINESSES

As overseas online businesses compete with local retailers for sales of almost anything, so too do overseas based POS software companies compete with Australian software companies.

Here at Tower Systems, we understand local. We understand our local retail business customers. we understand their shoppers. We understand what being local is all about and why it matters to our customers and the communities in which they serve.

This is what being local is really about, it is about being knowledgable of and engaged with your local community.

Through our POS software and through our customer service we live and breathe the local message. Our actions speak for us through locally focussed software changes and how we serve and connect with our customers.

here is a short video explaining our local pitch. This video serves multiple purposes: it speaks to our in-house video production facilities, it has our owner speaking up for us and what we stand for, it shows our commitment to plain speaking anyone can understand and it speaks to our professionalism that you can trust.

This is the Tower Advantage, our Tower Advantage, offered to you.

3 likes