Thanks to feedback from our wonderful specialty retailer POS software customers, here are 5 proven ways AI is helping small business retailers in New Zealand and Australia today.
- Saving time. This is an easy win from AI: fast import of just about any supplier invoice, auto generation of blog posts promoting products, auto generation of product descriptions, easy comparison of pricing from nearby competitors, instant advice on business performance, instant focus on growth opportunities. Each of these things took time in the past today. Today, thanks to POS software embedded AI, retailers are able to act much faster and with lower labour cost.
- Making better quality business decisions. Whereas in the past decisions would be made form manual review of data, today retailers are guided to decisions based on the same data but with more comprehensive analysis and consideration by trained AI, often including data retailers previously ignored.
- Attracting new shoppers. With marking considered an optional chore in some retail settings, using AI tools to generate search driven marketing retail businesses can find more shoppers with more certainty and for better outcome. Being found online through search and AI models is a great way for retailers to be discovered.
- Reducing the cost of dead stock. dead stock, inventory on the shop floor not selling, has a high cost for retail businesses. In our experience, the value of dead stock can sit at up to 25% of the total value of stock. Too often retailers are unsure where to start, they have to decide to take this action. Our Ai engaged POS software tools show retailers, without being asked. The list is there, for action. This approach brings the opportunity to the fore faster and in a way retailers can easily embrace,
- Discovering theft. Retailers hate discovering theft. In our experience, once they do, they like to act. the AI tools in our POS software show, without prompting, possible theft situations, so retailers can be informed and more vigilant. early discovery of theft can save a small retail business tens of thousands of dollars.
These 5 proven ways AI is helping small business retailers in New Zealand and Australia today are real all read. We have customers doing this today. Tower Systems is grateful to be a leader in the area of AI engagement with and for small business retailers.
Our Tower Systems POS software has been delivering AI solutions to local small business retailers for several years. It’s enhanced regularly, as recently as last month, to help our small business retail customers have tools with which they can more effectively compete.
AI is helping small business retailers compete because they can come at it with a flexible app0roach. In big business we often see consultants involved and expensive platforms involved. There is a slowness to implementation in big business too.
AI tools embedded in POS software are helping local small business retailers leap forward.
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While the right POS system for any retail business depends on the specific needs of the retail business, Tower Systems was built to serve Australian and New Zealand local small business specialty retailers. To see how we can help you…, request a free, no-obligation demo today.
Call 1300 662 957 in Australia or 0800 444 367 in New Zealand. Or, email sales@towersystems.com.au.
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