The POS Software Blog

The POS Software Blog

News from Tower Systems about locally made POS software for specialty local retailers.

ArchiveDecember 2017

Additional POS software help desk resource

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We have added head count to our help desk to expand resources for  customers. Our latest new hire joined us two weeks ago and is now taking some calls solo as part of the structured go-live process for new help desk team members.

We are grateful to our growing customer base that enables us to need to expand our customer support services.

The best response to Amazon arriving in Australia: stay calm, be engaged

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We are frustrated with the world is ending type reporting relating to the arrival in Australia of Amazon. More stories have been published recently. Most stories are not reporting. Rather, they are ignorant fear-mongering. Unfortunately, the wrong people are often quoted, like the ever-shrill Gerry Harvey.

We shot this video to provide some thoughts on the arrival of Amazon and to offer suggestions for small business retailers.

How Tower Systems helps small business newsagents beyond newsagency software

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Tower Systems serves in excess of 1,700 newsagents with newsagency software. Years ago, in another place online, our CEO provides practical advice to newsagents on how to do a magazine relay to increase sales.  Some months ago, that advice was updated.

Here is the post, outlining how small business newsagents today can build stronger better businesses through a magazine relay:

In the years since I published How to do a magazine relay in your newsagencyplenty has changed. In this post I provide up to date advice.

Before you start the relay, consider the amount of space you want to allocate to magazines. Do not allocate space to fit what you are sent. Allocate space to make money.

Today, magazines are best located on a wall, ideally at the rear of the shop, such that can be seen from people walking past the shop. A simple MAGAZINES sign above works well.

This back of shop placement, with magazines owning the space can work well as a traffic driver. Where I have seen this move implemented it has not increased the decline in magazine sales.

Ideally you can fit all magazines on the back wall and eliminate all aisle use of magazines.

On to the relay.

The relay you do in your business is your relay. There is no right or wrong way. What I have written here is my opinion, which may be wrong for you.

There is also no end point to a relay. What you do today will need refining next week and the week after. So, do not over think what you want to do as that would be a waste of time.

The goal of the relay has to be to disrupt magazine traffic in pursuit of an increase in sales. What I mean is: change everything, upset customers and staff, sell more magazines as people discover titles they did not know you had.

PLANNING

Map out the wall, determine your zones shopper: garden, food, men, women, sports etc.  The categories where I use less than one pocket per title are: special interest, British weeklies, food, comics and some craft segments.

Look at the percentage of sales delivered by each magazine category and look at sales trends for the categories.  Tote up broad groups. For example the percentage of sales for women’s weeklies, women’s interests, crafts & hobbies, crosswords, home & lifestyle and food & wine.  If your newsagency is like mine, this grouping will account for more than 50% of your magazine sales.

NOW, THE MAGAZINE RELAY

I suggest it is done by one person, an owner, working alone.

  1. Take every magazine off the shelves. That’s right. Don’t be precious as a jumbled pile gets you looking at the titles and categories differently. Take down all your magazines and all your posters.
  2. Clean the shelves.
  3. Start at the centre of the wall and build out. Build the women’s zone. I place this at the heart of magazines, so shoppers see it easily. I suggest you start here as it is the core from which all else flows.
  4. Place a half or full column of crossword titles next to weeklies.
  5. Next to weeklies place, in order, pockets of Better Homes and Gardens followed by Australian Women’s Weekly, British women’s magazines (yes, all of them), country living titles, home and living titles, food, wedding with a waterfall of the major title and hair.  For me, space wise, that sees out one side of the aisle.
  6. Then, I have fashion young, fashion older and I end this with a waterfall of Frankie.  Next is women’s health starting with younger target titles and blending to older ones. Next is pregnancy and baby followed by crosswords. This usually rounds out that side.
  7. Create sections, where the titles demonstrate clear zoning. But don’t be generous on space allocation as space costs money.

What I do in women’s is the same for the other zones I create.  I do each zone separately and try and get into the head space of the shopper of the zone – using the most popular titles to act as beacons, or signposts, for the zone.

I am careful what I place next to top selling titles. This is a prime spot, next to the popular titles. Choose wisely. Choose titles that naturally fit next to the big titles, titles shoppers are likely to browse and purchase on impulse.

If I am not sure about where to put a title I put it aside and move on.

I take extra time with special interest and hobby titles.  For example, I put railways and model railroad titles near each other but I am careful to ensure that they are separated as they appeal to two shoppers and only occasionally do you see titles from both segments in the same basket.

Within the zones I look for and respect specialisation. For example, within men’s lifestyle and sports I create a clean space for the quality serious fitness titles like Coach, Men’s Health and Men’s Fitness.

REVIEW, FEEDBACK, FOLLOW UP

You’re not done when you think you are done. Track sales, listen to your team and your customers. Tweak where you feel it is necessary.

Bring new issues to the fore. Continue to be engaged in how your magazine department looks.

Continue to look at your sales data.  If there is no lift be open to further change.

FINAL WORDS

Doing a magazine relay can be like doing one of those kid’s puzzles – you move them around and around until you have the completed image. That image can look and feel like a work of art once you are done.

While some readying this will be tempted to say why bother, we only make 25%. Get the relay right and sales will increase without any extra capital investment and with a lower retail space allocation. That is a win in my view.

If you have made it this far, thanks for reading.  Magazines really are a point of difference which we need to work harder at embracing – despite the challenges of the distribution system.

I’d be happy to answer questions or discuss magazine relays with anyone: mark@towersystems.com.au or 0418 321 338.

Over to you…

Advice for small business retailers on quitting stock

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In our work with small business retailers our help often passes from POS software help to business management help.

recently, we were asked for advice on when and how to quit stock. here is the template advice we have created, which is useful in many types of retail businesses.

Advice for small business retailers on quitting stock

If you want to quit stock, quit it, quickly. Quickly means different things to different people. To me, this think it means 7 days … gone and out of the shop in 7 days from when you decide to quit the products.

The easiest way to quit stock is for your shoppers to understand the deal. Understanding the deal starts with how you brand the sale.

A sign with SALE on it could mean anything. I suggest you NOT use this.

A sign with, say, 50% off could be confusing as they don’t know the starting price and some may not understand percentages.

Sign with HALF PRICE is more easily understood but they still do not know the starting price.

If you really want to quit stock, I suggest you have tables or dump bins at price points: $1, $2, $5 – or that ever is appropriate to you.

I have tested this. I have tried $9.99 priced an item at 50% off, half price and $5.00. The $5.00 pricing worked the best, by far.

This is our recommendation on quickly quitting stock: get the price messaging right.

If your price messaging is hard to understand or if there are too many different price messages you could be creating a barrier and this could stop you achieving the sales outcome you want.

Also: display the product for a sale. i.e. not pretty. Reorganise it daily. Keep it separate to the premium merchandise.

Helping small business retailers with office-based POS software support today

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It’s 7:30am in Melbourne and our office is open for business, providing office-based POS software support, as we do each Saturday for most of the year.

While our mobile phone based support team is also accessible, it is the office based team that’s access to the full suite of tools for providing help on just about any sport issue a small business POS software users could encounter.

We’re here to help.

Tower Systems newsagency software Q&A

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We recently engaged in a Q&A on our newsagency software, exploring some of the features that make this the most widely used newsagency software in Australia. Tower Systems is grateful to serve in excess of 1,700 newsagents, more than all competitors combined.

Here is part of the Q&A:

What are the most significant benefits of the system?

In addition to newsagency management specific facilities, using this software you can expect to reduce the cost of dead stock, improve traffic flow at the counter, spend less time agonising over decisions and enjoy the benefits of selling more.

Like any business tool, the benefits you get from using our newsagency business software reflect what you put in. There is no limit on how much training you can get from us.

Tower Systems approaches the opportunity as a long-term relationship.

Can I help local charities and community groups raise funds?

Yes, easily. You can track purchases by people supporting those groups and offer a rebate of your choosing to groups that support your business.

Can I ensure I do not sell to underage shoppers?

Yes, you can have a prompt come up on the screen to check that a customer is age-appropriate.

Can I offer buy now pay later like Afterpay?

Yes, easily.

Can I offer click and collect for online shoppers?

Yes, easily.

I have multiple loyalty offers for different categories, can I handle this?

Yes, easily. We have businesses managing a discount for shoppers who purchase 10 of one category, eight of another category and more where each offer is managed easily from the software. A single customer can engage with multiple loyalty offers. Plus, we track what customers buy so you can leverage this data.

Can I handle customer magazine putaways?

Yes, easily.

Can I take payment for newspaper subscriptions?

Yes, easily.

Can I do magazine returns electronically?

Yes, easily.

Can I handle a bundled price like buy 2 get 1 free?

Yes, easily.

Can I give manage newspaper home deliveries?

Yes, easily.

Can I take steps to manage / reduce employee theft?

Yes.

Is there management only control and access for seeing what people do?

Yes.

Can I create a roster?

Yes.

My business is changing and I want to sell café type products?

This is easy.

Will this software help me evolve my newsagency business?

Yes, easily. The software is web connected, to Shopify, Magento and WooCommerce. These connections help you engage online, attracting shoppers who would not walk in front of your shop.

Can I give loyal customers better prices?

Yes, easily.

Can I track sales to a particular customer?

Yes, easily.

Can I market to customers based on their purchase history?

Yes, easily.

Can I sell items by colour, size and style?

Yes, easily. This means you can sell fashion items if you want to get into a new area.

Can I sell bundled items like a gift pack I put together?

Yes, this is easy. You can have a bundled price as well as single prices for each if you wish. Creating bundles is easy as is retreating from bundles back to single items, maintaining the integrity of stock on hand data at all steps along the way.

Can I unbundle items from a pack back to single items?

Yes, easily.

Can I sell items by weight?

Yes, easily. We see this work well in newsagencies where they sell fudge and other items by weight.

Can I sell gift cards?

Yes, easily. You can sell gift cards for other businesses as well as your own branded, made just for you, gift cards.

Can I easily handle LayBys in the software?

Yes, you can establish your own rules and have these managed through the software.

Can I share useful local information on receipts?

Yes, this is easily setup and changed.

Can I handle special orders where a customer orders something I do not currently have in stock?

Yes.

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