The POS Software Blog

The POS Software Blog

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

The Sunday reset: four questions every retailer should ask

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Most small retailers spend the week reacting. A delivery arrives, a staff member calls in sick, a customer needs something now. There’s rarely time to step back and look at the business as a whole.

That’s why we like the idea of a Sunday reset. Set aside 30 minutes, ideally away from the counter, with a coffee and your numbers. Look back at the week just gone and decide what you’ll do differently in the week ahead.

It doesn’t have to be Sunday. What matters is the habit. A short, regular review beats a long one you never get around to.

What’s working?

Start with the good news. Which products, categories and suppliers did well this week? Was a particular day or time of day stronger than usual? If a display or a promotion lifted sales, note it so you can repeat it.

It’s easy to skip this question. Don’t. Knowing what works tells you where to put more stock, more space and more of your team’s attention.

What’s not working?

Now the harder one. Look for stock that hasn’t moved in weeks, categories losing ground and margins that have slipped. Dead stock ties up cash and shelf space you could use for something that sells.

The answer might be a markdown, a better position in the shop or a decision to stop reordering. The point is to make the call rather than let slow stock sit.

What am I missing out on?

This is the question most retailers never ask. Are there products customers keep asking for that you don’t carry? Lines that sell well in similar shops but not yours? Times of the week when you could do more with the foot traffic you already have?

Missed opportunities don’t show up as a loss on a report. That’s why they’re easy to overlook, and often worth more than fixing what’s broken.

Is theft an issue?

Behind the scenes, in a quiet and secure way, we track keystrokes and let you know if we think theft may be an issue. We show you where to look. This has saved local indie retailers tens of thousands of dollars.

Most weeks you’ll find nothing. Checking regularly is what lets you spot the week when something is wrong.

Where the answers come from

The trouble with a Sunday reset is the preparation. If you have to pull reports, export spreadsheets and work through the figures yourself, 30 minutes quickly becomes three hours. Most owners give up after a few weeks.

For Tower Systems customers, that work is already done. The Insights Dashboard is an AI-facilitated tool that gives you answers to all four questions, ready when you sit down. There’s nothing to prepare and no report to build. It works around the clock, so the insights are there on Sunday morning or any other time that suits you.

Every Tower Systems customer gets the Insights Dashboard free. It isn’t an add-on or a premium tier. We include it because we think every independent retailer should be able to see clearly how their business is going.

If you already use Tower Systems, open the dashboard this Sunday and try the four questions. If you don’t, we’d be happy to show you what it would reveal about your shop. Call 1300 662 957 (0800 444 367 in New Zealand) or email sales@towersystems.com.au.

Contacting a human is easy.

By Mark
The POS Software Blog

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