The POS Software Blog

The POS Software Blog

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

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POS software business intelligence platform shines for small business retailers

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The Visual Deck business intelligence platform from retailers using the Tower Systems small business POS software has received more kudos from business mentors, advisors and accountants seeing the BI platform for the first time at Xerocon South, the Xero users conference in Brisbane last week.

The reaction was terrific when they saw the easy access to business performance comparison data in  visual way, from our cloud based application.

They loved that it was accessible from anywhere including by them in their businesses where they support small business.

They loved the fast year on year comparison.

They loved the KPI focus of the app.

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We are proud of what we have delivered in the Visual Deck, that we are offering our customers a platform they can use to see the performance of their business, visually, as our experience is this will guide better business decisions. We are also proud of the elegance of the software.

The syncing between the in-store POS software and the Visual Deck is in the background, non intrusive.

The Visual Deck is particularly useful for retailers who are not in a business often.

Like all good software, the Visual Deck continues to evolve.

Retail business performance, seen differently.

The Visual Deck is a platform through which you can see the performance of your business, visually. Graphs replace reports, making trends obvious and a path ahead clearer to follow. Graphs that change with time and through which you can dive deeper into what is happening in your business.

The Visual Deck is only available for Tower Systems customers.

Small business retail management advice: how to recover from a ransomware attack

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The fastest way for a small business to recover from a ransomware or crypto lock attack is to have immediate access to full backup  of data and software from immediately prior to the installation of the malware that led to the attack.

A smart cloud based backup service is the very best protection. It is also the most cost effective.

While many small business retailers prefer the cheaper alternative of manually backing up each day, invariably these backups are either not done every day or they can be faulty.

Some business owners use free cloud backup services but as is the case with anything in life, you get what you pay for.

The Tower Systems smart cloud backup service costs $2 a day and can be stopped at any time. It is fast, continuous, local and off site in a secure server farm.

How Does Tower Backup Work?
The software performs an incremental backup every fifteen minutes. An incremental backup is a backup of files that have changed or are new since the last backup.

These incremental backups are catalogued on your NAS device. They are then collated to create your full system backup. This process allows access to backups from a particular point of time – even at the file level. Because backups are stored on the NAS device you have immediate access in-store as well as being sent to the Tower Systems Data Storage Centre in the cloud where a secure additional offsite copy of your data is kept.

How Does This Differ From My Daily Backup?
Retailer Backup ONLY backs up your Retailer Data leaving your other business data, accounting data, important documents and emails at risk. Tower Backup backs up your entire main PC, meaning all your business data is safe and secure. A copy of your business backup is also securely sent via the Internet to our secure data storage centre, giving you a safe off-site copy for protection.

Once Tower Backup is implemented you will no longer need to perform your daily backup. You or your staff will no longer need to wait for the daily backup to complete. The saving could be in excess of $150 per month if your backup is taking 15 minutes or more to complete.

Tower Systems invites users to suggest training topics

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As we prepare for the next semester of our free online training workshops we are inviting our customers to suggest topics they would like covered. Each time we do this we discover topics of interest – usually in the business operational space where software interfaces with business management.

We are proud to be resourced sufficiently and to have sufficient interest in our weekly online training workshops for us to continue with these.

It is hard work running the sessions, handling the follow up, providing the infrastructure and doing this week in week out. The work is worth it as it provides a valuable point of difference for us.

Years on, our free online training is resource from the company. We love the customer interaction every week.

Tower Systems POS software featured in XU magazine for Xero users

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IMG_2466We are thrilled with the covering of Tower Systems and our POS software across several pages of XU magazine, the magazine sought after by Xero accounting software users.

The latest issue of XU magazine, released at the Xerocon conference in Brisbane this week, is packed with practical business advice and support for small business owners, accountants and bookkeepers. It is a must read for anyone using Xero or connected with the Xero community.

We appreciate the opportunity to be part of this respected publication.

Using our POS software, small business retailers are able to save rostered hours in their businesses, be smarter in selling and marketing and be more informed in business decisions. These benefits are enhanced through the Xero link.

The latest article in XU magazine explains the benefits and presents Tower Systems as the professional software company it is.

What being at Xerocon South means for our POS software co

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FullSizeRender-1Being at Xerocon South is proving to be a wonderful experience. Spending all day talking with accountants and bookkeepers who help small business retailers run more successful businesses.

The discussions are detailed about small business challenges and opportunities, specific to specific niche retail channels that we serve such as toy shops, jewllers, garden centres and pet stores.

Talking business, talking Xero and talking smart cloud based software – we are loving it, loving the detail, loving the learning and loving the optimism.

This is an exciting and motivating event, especially for those of us serving the small business retail space.

What this event mean for us is ne connections, with accountants and bookkeepers – people like us who serve small businesses to help them run more successful businesses. This shared goal brings is close together.

We are the only vertical market POS software company here, enabling is top delve deep into our specialisation with accountants to help them be more specialist with their clients.

We took the photo early this morning before the doors opened at 8am. We love the green look.

Day 1 for Tower Systems POS software at Xerocon in Brisbane

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We are thrilled to be participating in Xerocon in Brisbane this week. As a parter of Xero, we are among a small group of approved connected POS software companies here at the conference.

Yesterday we met with plenty of accountants, bookkeepers and integrators who stopped by our stand. It was the busiest day at a trade show for us this year.

We are showing off our POS software that offers a SAAS model, cloud based through to desktop models for specialist retailers in a range of small business channels including newsagents, jewellers, got shops, bike shops, produce stores, toy shops, garden centres, pet shops and more.

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The first day of xerocon yesterday was terrific. We are excited for what today will bring.

Helping small business retailers understand the importance of accurate business data

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Tower Systems has been running an intensive engagement program for small business retailers keen to clean up their business data. This service is part of our POS software help desk service yet it goes beyond the traditional help desk work.

The service is focused on how the software us used. But not your usual how.  This is about decisions that are made in a business that can affect the quality of the data cultivated by the software. Like any tool, software can be used poorly.

The engagement from Tower Systems guides better use of the software with an outcome of better data. Here is one of the communication items we have shared with customers to help drive a better outcome:

This advice has been written for use in businesses where the business data has been found to be useless, faulty and / or of little value.

There is no doubt: poor business data = poor business decisions.

If you ever hope to sell your retail business, accurate business data is vital, it will determine the price you achieve for your business.

Don’t be one of those business owners who only cares about accurate business data when you decide to sell as that could be too late.

Here is all you need to do to ensure you have accurate business data.

  1. Ensure you have a good department and category structure. This helps ensure the reports are useful. By good we suggest no more than fifteen departments and no more than fifteen categories within each department.
  2. Arrive all stock into your POS software. The best way to do this is to receive and import into your software electronic invoices from suppliers. This is done in Invoice Arrivals.

The slower way is to manually enter invoices into your software item by item. This is done in Invoice Arrivals.

If you created an order using the software and this order subsequently arrives, you can receive the order – to save time.

  1. Scan all stock you sell at the point of sale. Resist excuses like items are too small or too big or it takes too long or it is impractical. All these excuses can be countered.
  2. Scan all stock you return to suppliers. Use the Returns facility.
  3. Scan all stock you write off. Use the Write-off Stock facility.

Very simple, right?

Accurate business data is up to you. Not your software company, not your suppliers.

Accurate business data is 100% up to you.

Once you have accurate data, track business performance. Use the accurate data to see trends in your business, to guide better quality business decisions.

It is easy to create accurate business data. The operational and financial benefits are extraordinary.

How Tower Systems can help. We have articles in our knowledge base on everything discussed here. We also have training videos that show you what to do. We host weekly online training workshops, accessible from anywhere, where you can ask questions on any topic. Plus, supported customers have access to free one on one training.

Small business retail advice: what’s next after Father’s Day?

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With Father’s Day being an important retail season in many small business retailers, we ask this timely and important question: What comes after Father’s Day?

This is a question small business retailers should ask along with: What do you have planned for the business from today until Christmas really kicks in? Do you have a plan?

We think retailers need a plan. You should have had a plan a couple of months ago when planning for coming out of a major season for this period before the next major season starts.

Knowing what’s next is vital in retail where the everyday on which you rely is not as strong as it was years ago.

Now more than ever shop floor engagement and out of store marketing are vital to attract new shoppers and we cannot rely on major seasons only to do this for if we do we become like old-style gift shops and they are closing fast.

So: What comes after Father’s Day?

POS software helps make Father’s Day great for retailers

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IMG_2313 (1)Tower Systems is thrilled to be helping retailers around Australia leverage the Father’;s Day opportunity with outpost mode enabling easy selling by retailers away from their usual retail location.

The photo shows one large outpost where our software plays a key role helping the newsagency / gift shop leverage the most from the opportunity.

Using outpost mode, retailers using our smart POS software are able to transact away from the business yet maintain total control over inventory, customers and all other key business data.

In addition to providing excellent outpost facilities in its POS software, Tower Systems backs this up with personal outpost assistance, user training and even new casual employee training so they know how to use the software with certainty.

The total outpost package from Tower Systems helps small business specialty retailers to leverage the most from the outpost opportunity.

Father’s Day is an excellent example of the value of outpost for retailers. The data we cultivate helps retailers to plan for more successful outposts.

This is another example of the Tower AdvantageTM for our small business retail customers.

Helping small business retailers engage in targeted marketing

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Next week we are hosting a free workshop on targeted marketing for retailers using our specialty retail POS software. This free training is part of our weekly free live training workshop program, training that people can access from anywhere.

Click here for more details on this training and to book.

We are proud to maintain our commitment to training, first established years ago. It is hard work deliver on the marketing pitch. Here at Tower systems we deliver. Plus, we are transparent about it with sessions listed publicly and numbers showing too – so you know it is real.

Small business retailers want certainty from their POS software company. We are committed to providing certainty of access to terrific software backed by accessible and friendly support.

If you are in specialty retail and want to engage in targeted marketing, this free workshop could be ideal for you.

Shopify POS software interface live and helping small business retailers online

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The direct and deep interface between the Tower Systems POS software and Shopify is working brilliantly, transacting saves, managing freight, managing replenishment and providing certainty for a retail store with an online website powered by Shopify.

Thanks to meetings with Shopify experts at the Shoptalk conference two months ago in Las vegas, Tower Systems has delivered an elegant integration that enables physical store retailers to engage online using Shopify quickly and easily.

Our own Shopify experience has helped us deliver a better outcome for our customers as we speak from our own real world experience. This is a key Tower Systems difference as we are users of our POS software too. Not too many POS software companies can say that.

Our Shopify integration is another professional integration from our development team, leveraging our experience in retail and tech to create a valuable whole of business solution through which a retailer can discover new shoppers and leverage above average revenue for their type of business.

Beyond the tech itself we are able to guide and assist retailers to understand opportunities, to use the full power of the internet to help people discover the business who might otherwise not have known it existed.

Loyalty fatigue forces POS software points-based loyalty programs to change

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Shoppers are tired of points-based loyalty programs where the value of points is challenging to understand and where rewards are difficult to access.

Take the retail group where shoppers have to sign up for the program and spend $500  in-store to accuse 500 points that are then converted to a limited life voucher sent to the customer.

This type of program does not make sense when you look at the hopes the customer has to jump through.

Compare it to a competitor offer where a shopper can have a $$ award on their receipt from the first purchase. No sign up. No delay in accessing benefits.

The Tower Systems POS software handles both the scenarios outlined above. Our preference as retail experts is for the latter. We say this based on years of working with independent small business retailers. While the points approach is where loyalty started, it shifted a few years ago and now more retailers prefer the $$ benefit on retail-ts because their customers react so well to it.

The example above where the customer has multiple steps to reach. These steps act as barriers. Shoppers can forget about the goal as they work through the barriers.

Don’t believe us, ask shoppers. Present the two scenarios. Ask which they prefer. We have done this. 5:1 they prefer the $$ off showing on the receipt without sign up. They love it in fact.

The feedback we have from customers is the Tower Systems POS software loyalty offerings are best-practice for retailers and for shoppers, they genuinely add value of retail businesses, costing a fraction of the gross profit achieved from incremental business driven by the program.

Small business retailers benefit from using tags in smart POS software

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More and more of the small business retailers using our POS software are using the tags facilities in the software for more efficient management of inventory data managed by the software.

Tags in the Tower Systems Retailer software provide an easy way to manage stock. In the powerful stock manager facility you can select all items with a tag and then:

  1. Change price.
  2. Change description.
  3. Change department.
  4. Change category,.
  5. Change supplier.
  6. Add to an  an order.
  7. Stock take.

Tags are a terrific tool in your software for managing stock. We encourage you to use them. We can help.

Sunday retail management advice: how to sell your retail business when no one is interested

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Small and independent retail businesses can be a challenge to sell even in a strong economy. This is because they are often not understood and not presented well for sale.

One way to make a business more appealing is to be more open about it being for sale.

Put a sign in the window. Yes, this will tell your employees, customers and suppliers that you want to sell up and move on. Own that decision, embrace it. Stop worrying what people will think. Explain your good reason for putting the business on the market and then run the business with more energy and focus than ever before.  Your actions will demonstrate that people need not worry.

The sign in the window works on a couple of levels.

First, small businesses are more likely to appeal to people who live locally, people who may not be in the market to buy a business until they see your sign.  I know of one small business that had not sold in over a year and then sold in a week following a sign being put in the window. It could be that an employee is interested in buying the business.

Second, the sign is your reminder that the business has to be sale ready every day. Shoppers walking through your door are coming to an open house to see the business for sale. That’s how you should approach it – working your heart out presenting the business perfectly and appealingly every day.

Businesses can take time to sell. Sometimes it takes the right people seeing the ad at the right time for you to find a buyer.  The stars aligning aside, the most important barrier to selling any business is that it does not look or feel appealing, manageable and or capable of delivering the level of return a prospective purchaser would want. This is why you have to work hard and relentlessly to make your business look valuable, appealing and enjoyable.

Too often small business retailers think that the economy, retail channel issues or other external factors are slowing or halting the sale of the business. Even if this is the case, reject these thoughts, bring it back to you and your actions. If you want to sell your business then run it as if you want to sell it – every day.

Why more small business retailers are switching to Xero for their POS software integrated solution

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More small business retailers are switching to Xero for their business accounting solution and choosing the Tower Systems Xero integrated POS software for the retail front end.

Delivering a seamlessly integrated solution offering a whole of business approach backed by two respected IT companies with excellent customer service as the core focus.

We use Xero here at Tower Systems and there is no doubt that it offers an excellent accounting solution. Our experience with the integration helps us help our customers with proper setup as we can speak from experience.

With the POS software / xero integration retailers…

  1. Save time.
  2. Reduce mistakes.
  3. Reduce accounting fees.
  4. Have faster access to business data.
  5. Cut duplication.
  6. Have more time for parts of their business where they can make a more measurable difference.

While we integrate with MYOB and Quick Books, it is the elegant Xero integration we love because of the product itself. We are proud to be showing it off in a couple of weeks at the Xerocon conference in Brisbane.

We have a competition bagging Xero but we think that is because they did not get approved for integration.

Sunday retail management advice: how small business retailers can compete with a big national retailer

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Small and independent retailers often feel helpless when a big national retailer opens up nearby. There is no match for their range, buying power, advertising coverage or even news coverage.

The sheer size of a national competitor is what scares many smaller retailers. This is often enough for them to give up and close the business.

Giving up and running is the easy way out. There is no lesson learned, just an escape from the fear.

The alternative is to find out how to deal with the national retailer.

Here are five tips for small businesses on how to face and deal with a national retailer moving into the area:

  1. Don’t compete. By not talking about the competitor, pricing against them or pitching your business in any way, you separate yourself. While they may have similar products, it is unlikely that they are targeting your specific business so why target them? Focus instead on your own business. Not competing should include not advertising price comparisons, not focusing on the competitor at staff meetings, not expanding your range to sell more of what they sell and not obsessing about them. We were working with an independent retailer recently who decided to offer a product they sold which is also available in a nearby national retailer for 10% less than the sale price in the national retailer. This move gave the independent retailer a margin of 15%. In discussion I discovered that most of the customers who visited the independent retailer were unlikely to shop in the national retailer. So why compete on price? If you know why customers shop with you, you have the opportunity of not giving up margin out of fear.
  2. Run a better business. From the moment you hear about a new national retailer coming to town, look at every aspect of your business for opportunities for improvement. From the back room to the font counter fine tune your processes, employee training, stock buying and the look of the business. Dramatically improve your business from the inside out. This will improve your business health and help you weather challenges which may lie ahead. Too often, independent retailers wait until the national retailer is open to react. This is probably a year or two too late.
  3. Be unique. Look for ways to make your business unique. It could be on product range, operating hours, add-on services or something else. Embrace any opportunity to make your business unique. Even a unique niche range of products can give you traffic a big competitor will not chase. Try and focus on products which require a level of retail skill and knowledge to sell – national retailers have challenges hiring and retaining retail employees with specialist knowledge and skills.
  4. Engage the community. Connect with the community at every possible opportunity. Support local groups, speak at functions, get known as someone and a business who care deeply about the local community. Subtly make the connection that you are fortunate to be able to help because of your local business. Being smaller and independent you are better able to personally engage with the community. You and your team are the business whereas a national chain will always be the corporate. They can throw money around locally, you can throw time, knowledge and more flexible assistance.
  5. Tell your stories. Your retail narrative, your stories, connect you with the local community. Tell these through the people you contact, your own blog, a Facebook page and in the pages of the local newspaper. Tell human stories about your business, the people who work in it and the local stories which connect with it. Your stories could be about local community connection, convenience of shopping, commitment to range, personal customer service, product niche knowledge … there are many different narratives with which an independent retailer can connect. It is important that one you have your narrative you stick to is, that it inhabits your decisions, marketing and public presentation.

By acting early and in advance of a national retailer opening, you better position your business to weather their advertising and PR onslaught. Get in early, build a stronger business and understand that through this the new business in town will not be your competitor.

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