The POS Software Blog

The POS Software Blog

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

CategoryComputer shop software

POS software from Tower Systems helps retailers manage duty free sales and tax free sales

April 22, 2024
2 Min read
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For years, Tower Systems, through its POS software, has helped retailers who do duty free sales and tax free sales to easily manage them at the sales counter with good record keeping, streamlined workflow and sound business management practices guided for the employees of the retail business. Let’s break that down:

  • Streamlined Workflow: This POS software from Tower Systems automates tasks and calculations associated with duty free and tax free transactions, reducing the time it takes to complete a sale. This minimises wait times for customers and frees up employee time to focus on other tasks or provide better customer service.

  • Easy Record Keeping: Tower Systems’ POS software ensures accurate and efficient record keeping for all duty free and tax free sales. This can include capturing customer information, flight details, and itemised receipts that meet customs regulations. Having this information readily available simplifies reporting and audits.

  • Sound Business Practices: The POS software from Tower Systems guides employees through the duty free and tax free sales process, ensuring they follow all the relevant regulations and procedures. This can help to minimise errors and ensure that the retailer remains compliant with all the requirements.

  • Improved Customer Service: By streamlining the sales counter processes for duty free and tax free sales, employees can focus on providing excellent customer service. This can mean spending more time with customers to answer questions, recommend products, and create a positive shopping experience.

Tower Systems has offered POS software for managing duty free and tax free sales for many years. Retailers are able to identify products that have the tax free status if they have products that do and do not have tax applied to them.

The best way to see if this POS software may suit your needs in magazine duty free and / or tax free sales is to see the software for yourself. This can be done via a personal and one-on-one demonstration where you outline what your business needs and the software functions in those areas can be shown. If the software is not right for the needs you have outlined, we will say so. It’s not in our interests to promote our software where we know it will not suit your needs.

If you do duty free sales and / or tax free sales, take a look at the POS software Tower Systems offers.

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POS software from Tower Systems tracks product weight for easy online sales management

April 18, 2024
3 Min read
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Knowing what a product weighs is key to accurate calculation of freight costs for online businesses. It’s not been so important for brick and mortar businesses. But online, product weight is key. It can also inform the choice of the method of shipping an online order as some freight businesses may offer better services based on product weight parameters.

The Tower Systems POS software allows retailers to record product weight by product and it shares this information with the retail business website thanks to its integrations with Shopify, Big Commerce, Woo Commerce and Magento.

The recording of weight by product has been covered in the POS software from Tower Systems for years.

Unlike brick-and-mortar stores where customers handle products themselves, online businesses rely on freight services to deliver their goods. This is where product weight becomes a crucial factor, something that can have considerable financial benefits for a retail business.

Tracking weight in the POS software has a range of benefits for a retail business including:

  • Accurate Shipping Costs: Imagine a customer adding a seemingly lightweight product to their cart, only to be surprised by a hefty shipping fee at checkout. This can lead to cart abandonment and lost sales. By knowing the exact weight of your products, you can calculate accurate shipping costs upfront, setting clear expectations for your customers and avoiding unpleasant surprises.

  • Competitive Shipping Options: Some freight companies offer tiered pricing based on weight. Knowing your product weights allows you to explore different shipping options and choose the most cost-effective service for each item.

  • Informed Shipping Decisions: Weight isn’t just about cost; it can also influence the shipping method you choose. For delicate or heavy items, you might prioritize slower but more secure shipping options. Lighter items might be suitable for faster, budget-friendly methods.

Tower Systems offers weight-aware POS software for retailers selling online and where freight is a factor on managing cost-effective online sales. Our point-of-sale software allows retailers to record the weight of each product directly within the system.

Tower Systems POS doesn’t operate in a silo. Thanks to its built-in integrations with popular e-commerce platforms like Shopify, BigCommerce, WooCommerce, and Magento, the product weight information you enter in the POS automatically syncs with your online store. This eliminates the need for manual data entry I the online side of the business, saving you valuable time and minimizing errors. Your customers will always see accurate shipping costs displayed at checkout, fostering a smooth and transparent buying experience.

By leveraging Tower Systems POS, online businesses can gain a significant edge in today’s competitive landscape. Accurate weight data translates to accurate shipping costs, informed shipping decisions, and ultimately, happier customers.

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Sales of products for insurance claims easy with POS software from Tower Systems

April 15, 2024
3 Min read
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The POS software from Tower Systems manages and simplifies handling insurance claims for retailers in various industries, including jewellery, bicycles, gardening supplies, and homewares. These insurance claim relates sales management facilities were developed with retailers with years of experience fulfilling insurance claim related sales.

Here is some of what the Tower Systems POS software offers in managing insurance clim related product sales:

  • Dedicated Insurance Features: Tower Systems POS offers built-in functionalities specifically designed to manage insurance sales. This eliminates the need for manual processes or external integrations, saving time and reducing errors.
  • Streamlined Claims Processing: The software facilitates a smooth workflow for processing insurance replacements and manages appropriate record keeping. Retailers can efficiently handle customer claims, receive payments directly from insurers, and ensure accurate record-keeping.
  • Improved Customer Satisfaction: By efficiently processing claims, retailers can provide a faster and more positive experience for customers dealing with insurance replacements.

With years of experience in this space, Tower Systems and its POS software can help retailers win more insurance clim business.

Insurance companies benefit too from this work. Tower Systems empowers insurance companies to leverage a broader network of small and independent retailers for claim fulfillment. This expands options for customers and potentially reduces claim processing times. We ensure retailers have the necessary tools and training to handle insurance claims accurately and efficiently. This reduces the risk of errors and streamlines the overall claims process for insurance companies.

We are committed to enhancing the insurance claim facilities in our POS software as needs evolve in retail businesses and from the insurance companies with which they partner.

If your retail business handles sales related to insurance claims, our POS software is worth considering. We’d be happy to arrange an obligation free demonstration so you can assess the software for yourself. Be sure to have a list of must-have requirements so that we can show how the software may handle these. If the software does not handle any, we will tell you.

Our POS software has been made for a range of specialty retail settings. The insurance claim product sales management facilities in the POS software are available in any marketplace.

Tower Systems’ commitment to ongoing improvement through customer feedback ensures the insurance claims functionalities stay current. This benefits both retailers, who can adapt to evolving insurance processes, and insurance companies, who receive a future-proof solution.

We are grateful to our local independent retail business customers for their support.

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POS software integration for international barcode lookup saves time for small business retailers

March 20, 2024
3 Min read
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Retailers are loving the international barcode lookup integration in our POS software. This connects with a respected worldwide database of product barcodes and provides excellent access to descriptions and much more: improving data accuracy, saving time and enhancing in-store and online product engagement.

Here is how we train our POS software customers on how to use the POS software integrated international barcode lookup facilities:

Like all of our POS software customer training videos, we also provide a transcript for those who prefer to read. It is time coded to match the video. here is an example:

0:00 My next favourite integration with Retailer is Barcode Lookup. Barcode Lookup is an online database of barcodes, their descriptions, their web descriptions or extended descriptions, images, classification information such as brand, manufacturer, dimensions.

0:15 It’s massive. Now over the time that we’ve integrated with Barcode Lookup, it’s grown from 100 million records right through to today at time of publication nearly a billion records.

0:26 That’s massive. So, what can it do? Well, Retailer can integrate with it and pull data down when you create a product or choose to update a product with data from that website.

0:37 Let’s have a look. The very first thing you’d want to know is how to sign up and how to get it working.

0:41 So, you should always read our knowledge base articles. Which will be linked to this video down below and it goes through the entire sign up process and how it works.

0:49 So, just follow the article and go from there. If you want to have a look at the website, we even have a link to the website and this is it here.

0:56 So, you can see right now 978 million people products exist on this site. to give you an example, I’ve got a few items here.

1:05 I’ve got a package of um electrical tape and a box of glasses cleaners to clean my glasses. I’ve done a little search on those and believe it or not, here’s my glasses cleaners and this is the description that it’s going to pull down from the site.

1:17 It will pull down the menu. Manufacturer information and it’ll also pull down this extended description and put that where I choose to put it.

1:25 There’s only one attribute to go with it, which is an MPN or a manufacturer’s product number. And these are all the images that it will pull down with it.

1:33 If we go look at this. The electrical tape pulls down this description one by three meter PVC electrical tape and has a much better description to explain what it comes what it’s all about no classification information with this one and then I’ve got my three pens so we’ve got the the blue tip which

Be sure to watch the video and check out the transcript to the right side of the page.

This video is another from our growing library of training videos for retailers using our POS software.

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POS software ChatGPT integration helps retailers generate awesome product descriptions to drive online sales

March 19, 2024
3 Min read
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Here’s an example of the awesome training videos we provide POS software customers. This one explains the ChatGPT POS software integration and shows how it can be used.

Now, if you’d rather read what is covered in the video: there is an awesome transcript provide on the righthand side. This is broken down by timing in the video. here’s an example:

0:01 Using ChatGPT to generate web store descriptions is by far my favorite tool in Retailer at the moment. It makes it really easy to get nice cool descriptions that work really well and you can even customize how it actually functions.

0:14 So first and foremost there’s going to be a link to the advice sheet on ChatGPT and using it. So here it is on the Tower Systems website.

0:22 I highly recommend you read it because it does change when there are things that occur with ChatGPT that change. For an example I will be addressing this particular point in this video where Yep.

0:33 Default model selected in Retailer doesn’t work, but long story short read the advice sheet, follow it. It’s going to be really good. 0:40 I’ll give you a brief rundown on doing it. So first you need to sign up to ChatGPT. I’ve already done that and then you need to create an API login key.

0:50 The next thing you should also do is make sure you do put in some payment details in there because it will not generate any API details if you don’t have payment details in there.

0:59 Why? Well they give you $5 worth of credit to start off with, um but they won’t actually generate anything if they’ve got nothing to pay.

1:05 Pay for later when you run out of that credit to top it up. So you’ve got to put some billing details in there. 1:11 Anyway, step one. Let’s get a API key. So we get to the chat GPT website and here on the left.

1:19 I’ve got API keys in here. If you can’t see it, just bring your mouse over to the very left side and API keys will be there and we need to create a new secret key. 1:26 So I’m just going to call this retailer. It’ll then ask you to verify that you’re a human and you just do a little puzzle.

1:33 It’s a nice fun one. Make the object here point in the direction of the hand. Love it. And you then have your key.

1:42 Now you get your key, you copy it and inside retailer, we go to setup API connection. Scroll on down to open AI.

1:53 Which is about halfway down and you put your key. In there. Save it. That’s step one of the steps in retailer.

On the page with the video you can see the whole transcript.

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Busting a myth: Local Small Business Retailers Don’t Have to Pay Their POS Software Supplier a Percentage of each Sale

March 15, 2024
3 Min read
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The point-of-sale (POS) system is usually lifeblood of any local retail shop: managing sales, connecting with suppliers, tracking business performance, feeding the accounting system, and more. It’s job is to help manage the business, to help it be mor efficient and successful.

POS software is a tool.

When a garden landscaper buys a rake, they don’t pay the supplier a percentage of what they are paid by their customers.

When a restaurant buys a new grill they don’t pay the grill supplier a percentage of what they make from each meal they sell.

When a ride-share driver buys a new car, they don’t pay the car maker or car seller a percentage of what they make from each passenger ride.

There are some POS software companies that charge retailers a percentage of each sale the retailer makes. It’s like a tax on each sale. They can be clever though in that they say it’s a payments platform cost, even though the cost of the payments platform to the software company is much less.

But when it comes to pricing, some retailers might be under the impression they’re stuck paying a percentage of every sale to their POS provider. Not so fast! Let’s break down the different POS pricing models and how you can find a system that fits your budget without eating into your profits.

Here are some pricing models for software:

  • Monthly Subscription: This is a common option, with a flat monthly fee that gives you access to all the POS features you need. This is a good choice for businesses with predictable sales volume.
  • Tiered Pricing: Some providers offer different subscription tiers with varying feature sets and price points. This allows you to choose a plan that best suits your business size and needs.
  • Transaction Fee Structure: This model charges a fixed fee per transaction, often combined with a monthly base fee. This can be a good option for businesses with high sales volume or a lot of small transactions.

Only old-school software companies get you to pay for everything upfront. Here at Tower Systems we stopped that five years ago. The world has changed and how you pay for your POS software speaks to that.

The best POS pricing model for your business depends on several factors, such as your sales volume, the features you need, and your budget. Here are some tips for choosing the right system:

  • Shop Around: Don’t be afraid to compare pricing models from different POS providers.
  • Consider Your Needs: Make a list of the features that are essential for your business and focus on systems that offer those features at a competitive price.
  • Ask About Hidden Fees: Be sure to factor in any additional fees, such as set-up costs, per-user fees, or early termination charges.

If you are looking for POS software, start with what the software does. Look for the right fit for your needs. Once you have found it, then consider the pricing model. However, it is vital you are aware of the total cost of ownership, including any percentage charged on each transaction.

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Retailers loving the 1% EFTPOS fee rate offer

February 8, 2024
2 Min read
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Many of our local retail business POS software customers have jumped on the 1% EFTPOS fee rate. This is an optional rate with the choice entirely up to our POS software customers.

Here at Tower Systems we do not require our POS software customers to use any particular EFTPOS or payments platform. We leave the choice to them without any cost or penalty applied. This is a difference we are proud of, that we do not charge customers based on the EFTPOS platform they use. There is no penalty, no demand they use a particular platform.

The 1% EFTPOS cost offer for Tower Systems customers is another way we have sought to reduce operating costs for our small business retail customers.

Customers are loving it.

We also make it easy in our POS software for our customers to pass on actual EFTPOS costs to their customers, making EFTPOS cost them nothing at all in their businesses. That they are passing on a low cost is another way they can differentiate their business.

This 1% EFTPOS cost is for a solution integrated with our software. This means a bunch of benefits, such as:

  • Reduced keystrokes.
  • Reduced mistakes.
  • Reduced accounting and bookkeeping overhead.
  • Faster sales processing.
  • Better sales counter workflow.
  • Lower business costs.
  • Easy refund management.
  • Easier customer query handling.
  • Single point takings balancing for the beguines.
  • Reduced employee fraud.

There are plenty of benefits of this POS software integrated EFTPOS solutions beyond the low 1% EFTPOS cost to businesses.

Local retail business management benefits from integrated solutions. They do save time, and they reduce operating costs. That the financial costs are low is a loved benefit too.

We are proud to have been able to leverage this 1% EFTPOS fee rate for our Tower Systems customers, all of whom are local independent retail businesses, small businesses. It’s another way we have been able to help these small businesses get benefits that are often only available to big and national businesses.

Tower Systems is a small business focussed POS software company developing, and supporting POS software for niche specialty retailers. Jewellers, garden centres, bike shops, toy shops, produce businesses, farm supply businesses, fishing shops, pet shops, charity businesses, landscape gardening businesses, antique shops, sewing shops, haberdashery businesses, newsagents and more benefit from this software.

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Small business retail management advice: map your GP by shop floor layout

February 2, 2024
3 Min read
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A few minutes spent analysing space allocation performance often reveals opportunities based on our years working with and helping local small business retailers.

With retail space usually costing between 11% and 15% of (non agency) revenue, it is usually the next highest cost outside of the cost of stock itself. The key is to make the space work well, to be financially efficient for the business.

Retailers often argue that rent should be lower. It could be that a different view of shop floor performance helps you achieve a better return.

Here’s a quick and easy way to assess your current use of your floorspace:

  1. Take a blank sheet of paper and sketch out the layout of your shop, marking in display units, shelving, the counter – everywhere you have product. Include your back room if you have stock there.
  2. Colour-shade the layout by department.
  3. List the departments on the side of the floor plan.
  4. Calculate the percentage of total space used for each department. This does not need to be accurate to two decimal places. List this next to each department you have listed.
  5. Use your POS software to report on gross profit dollars earned by each department over the last year, or calculate it from sales figures knowing the average GP% per department.
  6. Calculate the percentage of total gross profit contribution earned by each department and list this next to the floor space allocated to each department – on the floor plan map you have done.
  7. Circle in green those performing the best, where the GP% contribution is more than the GP% space allocation, and in red those performing the worst.

Typically, a business owner doing this for the first time will have an ah ha moment, seeing something they had not realised.

This is advice anyone can use, as any good POS software will report on GP by department. Getting this mapped on the floorpan of your shop lets you see the hot and cold spots, where you are making money, and where you are losing it.

This is retail management advice for any business owner, regardless of education level.

We have seen business owners make changes including to floor layout, quitting suppliers and increasing stock weight for some departments.

You can take the analysis a step further by looking only at one department and analysing performance by category within that department, using the method outlined above.

Our specialty retail POS software can help with this and more business performance analysis.

Our goal is to help you run a more appealing, successful and valuable retail business. As retailers ourselves, we use our software this way every day.

We can help if you are interested.

Find out more: www.towersystems.com.au 1300 662 957 sales@towersystems.com.au

Thanks for reading.

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New subscriptions facilities in POS software help retailers to sell and manage subscriptions

February 1, 2024
2 Min read
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Subscriptions can be challenging for POS software to manage on an on-going basis. The one-off transaction is easy. It’s the repeat transaction, to a timed cycle, that can be the difficulty … which is the very nature of a subscription if you think about it, they are repeat transactions for sure.

Managing subscriptions in POS software is. important. Thanks to some wonderful software development work by our team and advice from sone==me of our customers who sell subscriptions, we are delivering subscriptions management from within our POS software.

Using the subscriptions management facility in our Tower Systems POS software, retailers will be able to manage these repeat transactions, track the records, charges and payments.

For retailers who on-sell subscriptions on behalf of other parties, the subscriptions management tools in the Tower software will be especially useful.

There is no need for an app, or a plug-in or some other software as subscriptions are managed from within our Tower Systems POS software. This means Tower Systems POS software customers don’t have to pay another party a fee to manage subscriptions – it’s included in our software.

Tower Systems is a specialty retail POS software company. We help specialty retailers leverage what sets them apart. Our software continues to evolve in service of this.

By choosing our POS software, you’ll also benefit from a range of additional features, including software for unlimited computers, help desk support from Monday to Saturday, access to a knowledge base, and integrations with leading platforms such as Shopify, Big Commerce, Xero, and more. Furthermore, we provide access to our supplier invoice import tools, making inventory management a breeze.

We know that one category of retailer that will benefit from our subscription management tools is computer shops / IT businesses. These businesses offer to manage subscriptions to software for their customers. Our subscription tools can help them manage this by customer. Our software for these businesses also handles quote and invoice management, repairs management, integrating with online and plenty more. We have grateful to help plenty of computer shops and IT businesses with POS software that has bene found to be of service to them.

Made locally for local computer shops, this POS software for computer shops can help track computer builds, deals for computer / gamer club members, track stock, handle special orders and customers and more.

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