The POS Software Blog

The POS Software Blog

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

Categorynewsagency software

Specialty POS software for local small business retailers in Australia and New Zealand

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Here at Tower Systems we are grateful to serve a diverse mix of specialty retailers in different marketplaces. These include:

Here’s what’s included in the monthly rental cost: software licences for unlimited computers in the location, help desk support (by phone or email) 6 days a week (including Saturday), access to a comprehensive support knowledge base, after hours support call access for urgent system down queries, access to our Shopify, Xero and other integrations, access to our supplier invoice import tools.

  • NZ and Aussie based customer service by us. No call centre.
  • Humans answer our phones.
  • Email us and a retail knowledgable human responds.
  • Our office is open Monday through Saturday.
  • Month to month rental – no lock in contract.
  • No lock-in EFTPOS contract. You choose the EFTPOS that suits you.
  • Self serve training videos and knowledge base.
  • Low cost training for those who want it.
  • The listed prices are genuinely monthly – not annual paid up front.

Tower Systems currently serves more than 3,000 local small business retailers.

It may be that our software is not right for you. Let us organise a personal live demonstration by Zoom. We’ll record it with you and give you a copy so you can show colleagues and others you’d like to consult.

If we think we are not a good fit for you we will say so and wish you all the best.

Email us: sales@towersystems.com.au.

Call us: 1300 662 957 (Australia) 0800 444 367 (NZ toll free).

We have a crew of awesome software developers, caring customer service people and a business support crew skilled in serving local indie retailers.

At our website, we have easily accessible recent demonstrations of our POS software, which you can access immediately and without sharing any personal contact details whatsoever. The transparency we demonstrate on our website reflects how we operate as a company.

It’s stocktake season and Tower Systems is helping small business retailers be ready

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Our advice to retailers re stocktake is first and foremost: never pay an outside party to do your stocktake and never do a stocktake outside of your POS software.

The most accurate stocktake result for any retail business is doing it yourself, using your POS software. The Tower Systems POS software offers easy to use and reliable stock facilities and workflow.

Last year (2022), we got together with one of the stocktake experts at Tower Systems to discuss this and answer common stocktake questions we are asked. Here’s the video.

Our help goes beyond this. We have written advice, and we offer personal training. We make stocktaking easy and reliable for local samall business retailers.

Retailers simplify accounts management with Xero integrated POS software from Tower Systems

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The Xero accounting software integration with POS software from Tower Systems helps local independent retailers save time, save money, reduce mistakes and make better informed business decisions.

Using the Xero link with our POS software retailers can streamline their processes, connecting POS software and Xero accounting software, removing double entry and cutting mistakes.

The Tower Systems POS software offers:

  • In-Store Point of Sale from the register, shop floor, or mobile thanks to Roam.
  • Integrated eCommerce with Shopify, Magento, WooCommerce and Big Commerce.
  • Streamlined Inventory Management through the business from arrival to sale, or return.
  • Customer tracking and marketing based on purchases.
  • Smart fulfilment based on criteria you can manager.
  • Powerful Loyalty and and Customer Retention – with flexibility and differentiating options retailers love
  • Advanced Reporting and Insights – see what matters.

The Xero accounting software solution offers:

  • GL, P&L and Balance Sheet management and reporting
  • Payroll management
  • Invoice management
  • Inventory management
  • Expense claims
  • Payments management
  • Bank connections & reconciliation

The Tower Systems POS software Xero integration is a solution made for local small business retailers, to save time and money, to help nurture stronger and more valuable retail businesses.

Connect the Tower Systems POS software with  Xero in minutes and keep everything in sync. Simply connect the tow and map your accounts. Our crew of retail experts can help;p you do this.

Once connected, your Tower systems POS software will upload your chosen key financial data to Xero – saving time on admin and cutting data mistakes.

Tower Systems is proud to deliver the advanced Xero POS integration local specialty retailers deserve for the complexities and competitiveness of modern retail.

Tower Systems is grateful to support thousands of Australian and New Zealand retail stores with our comprehensive POS software. We give retailers the tools they can understand and use to run more valuable, enjoyable and successful local retail businesses.

Tower Systems only serves local specialty retailers. This ensures that every customer matters. Are are thankful that more than 3,500 retailers have already chosen to partner with us.

Our service is local, from Aussie and NZ based retail experts. Our software is local, too, made here, for you.

The Xero integration with our POS software is one example of the value of integration relationships that we bring to life for our local indie retailer community.

Advice for local small business retailers confronted by big business competitors

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Small and independent retailers can sometimes 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. It can feel overwhelming.

Here at Tower Systems, all of our customers are local small business retailers, indie retailers, because that is the community we seek out.

Here are 5 practical 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.

Know why you are different and lean more into that, and, it’s likely that price is not a significant difference in your mind.

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 front 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. Like, really engage. 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.

Local indie retailers can compete against with any big business by not acting as a big business would. This is the key. Be yourself. Have faith in yourself. Sell yourself.

Now, why is a POS software company sharing something like this? That’s easy – we care about our customers, we care about local indie retail. We’ll embrace any opportunity to help local indie retailers shine.

How retailers are using POS software integrated ChatGPT to create more valuable product descriptions

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Local small business retailers are short on time and challenges in competing with well-resourced big businesses.

The ChatGPT AI integration delivered by Tower Systems in its local specialty retail POS software early this year is being used by small business retailers to create for search friendly product descriptions.

Using this optional and free facility, retailers are able to describe products faster and in search friendly terms. Here’s a short video we made for our customers to show how it works:

No, we’re not going all AI is replacing the world on our customers. Rather, we are providing access to optional time saving tools. Feedback from our local retailer community has been wonderful, for which we are thankful.

Your local Aussie newsagency is likely not the business you remember

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Many Aussies think of the local Aussie newsagency as a papers, magazines lotteries and car shop, around the corner, close, a bit dark, run by someone old, carrying a bit of everything, expensive for some things, probably out of date for today.

That’s the narrative pitched in too many stories. It’s out of date, many years out of date.

The local Aussie newsagency, the one serving where you live, is most likely not like that old narrative. It’s changed.

We made this video Tuesday for one of our own newsagency shops, to promote it on social media as well as YouTube. Below we explain how we made the video and, more important, why we made the video.

We took the photos on my iPhone and used promo.com to assemble these, add text and lay music underneath. All up it took less than 10 minutes. I share these details to illustrate how easy it is for anyone to make a video like this.

Now, the why.

This video is important as it is us pitching a narrative for this shop. For decades, the narrative of the local Aussie newsagency has been controlled by others. Today, in 2023, the narrative about our shops is rooted in decades ago. It is out of date. It challenges our relevance. It does not help us.

We wanted to have a crack at recasting the narrative for this one shop in a suburban Westfield centre in the bayside area of Melbourne. While for sure we are biased, we think it’s a good video that does re-cast the narrative for this newsagency, while at the same time making a statement about the channel, calling for others to see us differently and not as others so wrongly and ignorantly pitch us.

We’d love to see more newsagents do this, make videos and other social media content that pitches our businesses with a fresh and relevant to 2023 narrative. Points about lottery jackpots and the major seasons are predictable, expected. The more we play outside of what is expected the better for us, the more we are likely to attract new shoppers to our businesses.

As we noted above, this video took less than 10 minutes all up. There are plenty of platforms you can use to make videos just like this one. While we pay a commercial licence for promo.com, there are others out there that are free.

As for the products we chose to highlight, plenty are made in Australia. In fact, half the air time of the video features Australian made, small business sourced, products.

We want to call out the final frame. This features a pair of colourful stud earrings on a card that says you inspire me. That is a very deliberate choice to pitch that message at the close of the video.

Hopefully all this background is helpful enough that other newsagents create content to recast the narrative of not only their newsagency businesses but the channel more broadly.

But back to the video. In 24 hours it passed 20,000 full views thanks to a nudge through the YouTube ad platform. Tonight, Friday night, it’s at 37,000 full views. That’s 37,000 people in the area of Melbourne I targeted who watched the video in maybe the first newsagency pitch they had seen in years.

We appreciate it’s not call to action advertising. It’s not intended to be. As we wrote above, this is about the narrative relating to the Aussie newsagency.

Here’s a footnote about why we’re writing about this here at a blog for our POS software company.

Tower Systems is not your average POS software company. This video speaks in a small way to that, it shows us engaged beyond the software, in service of one of the local small business retail channels in which we serve.

The advice in this post could relate to any of the specialty retail channel s in which we serve.

How to convert a PDF invoice into a CSV file for easy POS software import

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Tower Systems offers help to local small business retailers to help them save time and money. We do this through training, written advice and easy to access and follow video advice.

A couple of weeks ago we shared with our small business retail POS software customers this video on how to convert a PDF file to a CSV file that can be imported to our POS software.

By converting the PDF invoice to a CSV file the retailer saves time, improves data accuracy and helps the business have a better handle on business performance.

Tower Systems is grateful for the opportunity to help retailers convert PDF invoices into CSV files foe EDI import into POS software

We also connect with many suppliers for importing electronic invoices and more, making importing invoices easy and fast. But some suppliers have challenges implementing this. hence, this solution for converting a PDF invoice into a CSV file.

This snackable video is one of many offered to all of our POS software customers. We produce the regularly and share them in our email and print newsletters, and as part of our video training curriculum.

We are grateful to local small business retailer customers for their feedback on these videos as that informs our weak developing more useful training and support solutions.

5 ways retailers can use the POS software from Tower Systems to pitch value to shoppers

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Plenty is being written about the economy at the moment and it is negatively impacting consumer confidence. There are things you can do with the Tower Systems POS software to show your business offering value to shoppers, and thereby nurturing more value for you.

And here in this post, value means the value shoppers perceive in dealing with your business. You could also use the term savings.

While value can be about price, it is often not as straightforward as that. Something could cost more but it could last longer or you might get more pieces than if you pay a lower price or there may be some other add-on that drives value.

While our POS software offers many ways retailers can pitch value to shoppers, here are 5 ways retailers can use the POS software from Tower Systems to pitch value to shoppers:

  1. Discount vouchers in Retailer are a perfect way to pitch value. A dollar amount discount is better understood than points. You can set the vouchers up in a way so costs are covered by benefits. Show your shoppers what they can save.
  2. Offer to fund raise for local charities, community groups and clubs. They could give their members a card that gets them, say, a 5% discount off purchasing from you while also earning for the charity a 5% donation. The goal here is to bring new shoppers into your business.
  3. Offering a coffee card type discount of, say, buy 9 and get your 10th free for habit-based purchases, like coffee, pet food, cards, magazines, fertilizer etc. can help nurture shopper stickiness to your business.
  4. Bundling products together into something that only your business offers can pitch a value proposition unique to your business.
  5. Volume pricing, where the cost of an item decreases as the quantity purchased increases, can help shoppers save and you sell more.

Your software offers more ways of pitching value to shoppers than these, and it helps you systemise pitching value. Being consistent about this is key to it working for you.

Consider this list of 5 a starting point, a jumping off point for exploring other ways for your business.

Tower Systems offers business management advice like this to all of its POS software customers, taking the POS software help desk experience beyond the technical and onto the shop floor, to help our local small business retailer customers to themselves get more value from their use of our POS software.

7 ways retailers can use POS software from Tower Systems to help improve the value of their business

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When we talk about the value of a retail business we mean what the business is worth when it comes time to sell, which is dependent on the profitability of the business as reflected in the profit and loss statement.

Value is the key business measure here and while there can be non-monetary value perceived by the owners and other stakeholders, it is the value as seen by others, as through P&L results that is the common measure.

Using POS software from Tower Systems, retailers can drive value. Here are 7 ways they can do that:

  1. Dead stock. In the average indie retail business, dead stock is equal to around 3% of turnover and often around 12% of total current inventory investment. Using our software, it is easy to identify dead stock. That’s the first step to converting it to cash.
  2. Stop running out of stock. Selling out of items that will sell costs the business  money.  In a small retail business we looked at recently, sell-outs cost more than $3,000 in a year, or $1,500 in gross profit, all because of poor re-ordering management. Your Insights Dashboard has this information.
  3. Bloated roster. Some prefer to spend money on people, so they have time to themselves for relaxing, golf or to sit in the back office, where no customer purchases from. We often see a bloat cost equal to around 10% of the roster.
  4. Wrong trading hours. Some stay open too long while others are not open long enough. Either way has a cost to the business.
  5. Being blind to theft. Theft in local indie retail costs on average 3% – 5% of turnover. Our software can help you see it, track it, and mitigate against it.
  6. The wrong product mix. GP% is a key measure of retail business performance. Often, we see retailers chasing transaction volume and not watching and chasing GP%. Growth in business GP% is often more valuable than transaction growth.
  7. Reordering. Ordering based on data reduces mistakes. It’s better, too, than letting a supplier order for you. The software can help you with reordering, so there are fewer mistakes, fewer sell-outs, less dead stock.

This list is incomplete as our POS software can help cultivate value in plenty of other ways. We created this list to provide our customers with a starting point, some low hanging fruit.

We shared the advice with our customers via our regular customer email and our regular print newsletter. This is another example of the proactive approach we take to guiding our customers to achieve more from their use of our POS software.

While, for sure, our help desk answers support questions and helps with technical queries, we often go beyond with business advice that crosses the intersection of the technical; aspects of the software and the use within a retail business of the software to better serve the business and its owners.

7 ways retailers can use POS software from Tower Systems to help improve the value of their business is all about showing our POS software user community ways they software they already have can be used to help cultivate business value.

Your local newsagency will be the best place to buy Mother’s Day cards this year

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We are grateful to serve more than 1,700 local Aussie newsagents with our newsagency POS software. This small business community of retailers is dear to our heart. Right now, they are offering wonderful Mother’s;s Day cards.

If you are looking for a Mother’s Day card this year for sure shop your local newsagency because there you are likely to find the best range of Mother’s Day cards.

There’ll be cards for mum, mother, grandma, nan, granny, and more. There’ll also be cards for people who have been like a mum to you. And, there are likely to be cards from the cat or the dog.

If you like to see the best Mother’s Day cards around, if you want a range from which to choose, your local newsagency is the place to shop.

Now, if you are thinking a text message might do, mum can’t put the text message on the mantlepiece, she can’t keep it with her other cards to look at every few years. A card is a keepsake that lasts, it nurtures memories she will love. And the cards at your local newsagency give you choice to get it right.

The range of Mother’s Day cards out now at your local newsagency really is good. There are many new designs, many cards to brighten mum’s day.

We understand you have a range of shops from which to choose when buying a Mother’s Day card. Your local newsagency is the card specialist. You’re not pressured. The cards are not mixed in with groceries. Browsing is easy and you know, for sure, that you have many wonderful cards from which to choose.

Once you have the awesome card, from a newsagency of course!, here are 10 text ideas for what you could write in the card. Consider them prompts to kick off your own thinking:

  • Happy Mother’s Day to the most amazing mum! Thank you for being there for me, for your love and support, and for teaching me so much.
  • Dear Mum, on this special day, I want you to know how much I appreciate you. You are my role model, my friend. Thank you for the sacrifices you made for me, and for the ways you show me your love.
  • Mum, you hold our family together and for that I love you. I have learnt from your kindness and your wisdom. Thank you for being an amazing mother, and for being such an inspiration.
  • Happy Mother’s Day to the woman who gave me life, and who continues to shape my life in so many ways. You are my safe haven. I love you.
  • Mum, you are my superhero! Thank you for someone I can always count on. I hope your day is as amazing as you are.
  • Dear Mum, thank you for everything. I would not be me, today, without you.
  • Mum, you are the sunshine in my life. I am grateful you are my mum, and I wish you the happiest of Mother’s Days.
  • Happy Mother’s Day to the queen of our hearts! You have taught us love, and you have shown us how to live life. We love you more than words can say.
  • Mum, you are a true blessing in my life. Thank you for being my rock, and my friend.
  • Mum, I am so lucky to have you. Thank you does not feel like enough appreciation for what you mean to me. I love you.

Remember, what you write will last for years. Mum will look back on your words and the warmth you share today will matter in the future.

Newsagents understand Mother’s Day. We’re local retailers serving local communities and as such we are close to our shoppers. You buying a Mother’s Day card from us, from any newsagency, means so much to us.

Now, get out there and buy your mum an awesome Mother’s Day card, from a newsagency of course!

Free POS software

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If you are looking for free POS software, Tower Systems is not the right company for you.

We don’t offer free POS software.

Typically, free POS software comes with payment made in other ways, such as being required to use a particular EFTPOS platform or service or being committed to some other cost in the business.

So, you can see, free is not really free. There is no such thing as free POS software.

What any retail business really wants / needs is the best POS software for their business. The best POS software will provide benefits in time and money that make the POS software truly valuable for the retail business.

Now, to be clear, we don’t know if our Tower Systems POS software is the best POS software for your needs. Only you can know that by comparing what our software does to what it is you need from POS software.

Our message today is buyer beware. Don’t get suckered in by a claim of free POS software because, for sure, it will not be free, and it may not be best for you.

We mention this today as we see many retailers in Australia searching for free POS software. It is worrying because every bad experience someone has with POS software.

Here at Tower Systems we want relationships with value at the core. We want to partner with customers we value, and who value us. This mutual respect helps both businesses prosper and if we do prosper then it’s the classic win win. That can’t happen with free as the starting point.

Software developers and help desk professionals cost money. And, you want that because you want good outcomes for your business. These good outcomes flow from good POS software that ids backed by good customer service.

If you look at it from a retail business perspective, you want people in your shop prepared to pay money for what you have on offer. If they don’t have money they are not customers you want. If their wage growth is flat their capacity to spend more is non existent.

All of this feeds into what is a circular economy.

But on price, we are fair, with a modest cost, which has not changed since 2019. So even though we do charge for our POS software, it’s modest and reflective of what we think the good businesses in our target marketplaces can afford.

Here’s an easy local small business retailers can better connect with their community

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Community connection is vital in local small business retail, authentic community connection at a level that is loved by folks in the community.

Back in the day, sponsoring a local sports club, donating prizes for a raffle or helping the local Rotary or Lions were the go to ideas for retailers. And while those ideas continue today, there are another local small business retailers can engage in providing community support that is funded buy the community itself.

Through our loyalty tools and, in particular the discount voucher tech we offer, local small business retailers can reward shoppers and they can offer in store a way for these shoppers to pay it forward, to support a local charity or community group organisation.

The Grill’d burger chain was an early adopter of something similar with their bottle caps and giving customers the caps to vote for one of three local charities the store would donate cash to.

Our suggestion is to invite shoppers to donate their discount voucher to one of several local charities in your business, which you could have every month or so, accruing the value of the vouchers for a gift card donation to the charity, or you making a cash donation of a portion of the voucher value to the charity.

It pitched well this could see people who support the local charity shopping with you so that funds are raised for the charity.

We know form years of data that around 20% of all vouchers handed out to shoppers are used by those shoppers within 28 days. This means there are other vouchers that expire unused. A nuanced campaign in-store connected with loved local charities and community groups could drive engagement, do good in the community and show the business as community connected in a fresh and loved way. That is the goal here.

Of course, the execution will be different in each location. Our job as a tech company is to provide opportunity. Our job as retailers ourselves is to share what we have seen work well, and what we have learned.

Your job as a local small business retailer is to make decisions that are right for you and your situation.

Using the discount vouchers generated by the software in this way, to support loved local community groups and charities, could be the reset you want, the engagement driver the business needs. The beauty of it is that it is low cost, self funding and truly community focussed.

We are grateful to the feedback from our customers and this has guided our own activity in this space of local community group connection.

Tower Systems launches weekly POS software user Q&A session for all

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Tower Systems is grateful to be able to launch a weekly POS software user Q&A session fort all comers, all users of the software, from any business using the software.

This session is a natural progression from our regular live Zoom sessions for customers. It not schedules as weekly’s every week of the year, so customers have certainty that it’s on.

Each session will be open for at least 45 minutes every Thursday. One of more of our POS software specialists will be in the Zoom room to answer questions and share insights. The goal is for open two-way discussion. Having the right people from our team there will drive the value of the sessions. We will demonstrate local retail knowledge and the value of local support compared to offshore call centre support.

We are open to covering POS software training, answering support queries and exploring enhancements in our POS software.

By offering the sessions via Zoom with no cap on attendees we demonstrate, again, our openness and transparency and the ease of accessibility for all of our customers regardless of location, support coverage status and more.

By making this open to everyone, those who like to listen to the queries of others and the answers provided will be satisfied. We think this openness will help us explore topics way beyond what me might set if we were in control of the agenda ourselves.

The goal is an enhanced customer service experience, something unique among POS software companies.

We know the closer we are with our customers the better the experience for them and the better for us. This is why our leadership team will regularly be available for these sessions, as they have been for our other customer Zoom meetings.

These weekly customer meetings will differentiate our Aussie POS software company and offer our customers another free training opportunity that will help them get more from their investment in our technology.

People participating will not have to register or jump through hoops. Accessing the session will be easy, fast and secure.

Tower Systems serves several thousand local retail businesses today. This new weekly customer free training and Q&A meeting initiative is another way we are demonstrating our commitment to engaged and easily accessible customer service.

The Aussie newsagency has changed, it’s not what you might think it is

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The Aussie newsagency today in 2023 is a very different retail business than what you may have found in 2019 or earlier. The Aussie newsagency today often sells unique gifts, collectibles, sensory items and more. Some don’t sell lotteries. Some even don’t have papers or magazines.

Mount Lawley News in Western Australia is a small shop located a ten minute or so drive from Perth CBD. We mention that to reflect that this shop is surrounded by competition.

What was a traditional newsagency has been transformed by new owners Matt and the team over the last year. This is a good example of what I’d love journalists and other who talk or write about Australian newsagencies to think of.

What an awesome looking business.

A year ago this shop looked very different. Today, it is attracting new shoppers. New shoppers are the lifeblood of retail. Better still, the change in mix of products drives a change in the GP% of the business. These are factors that play into the strength and value of a newsagency, or any retail business for that matter.

We see too many stories about newsagencies closing. Sometimes, photos accompanying those stories do not reflect the best practice retail we are seeing from plenty of newsagents, like Mount Lawley News.

Tower Systems is proud to serve more Aussie newsagency shops than all other Aussie newsagency software companies combined.

POS software update helps local retailers keep up to date

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Good software keeps changing, evolving, needing emerging needs and embracing new opportunities.

The Tower Systems POS software continues to evolve. What we offered a few months ago is not what we offer today.

In good engaged software companies, change is normal. This matters because needs change, opportunities change. Evolving POS software is all about local businesses keeping up.

The latest POS software update from the Tower Systems development team delivers access to:

  • Allotrac integration.
  • SmartPay integration.
  • CentrePay integration.
  • International barcode search integration.
  • Image background removal integration.
  • New security bridge integration for better and more capable security camera integration.
  • An enhanced, faster and more insightful end of shift process.
  • A customer servility sensitive data cleanup tool that helps your business better protect against unwanted data leakage.

These are just some of what is delivered in the latest POS software update from Tower Systems.

We are grateful to the customers who suggested some of these enhancements and to the customers who engaged in testing them as part of our comprehensive beta release program.

For this first update of 2023 it is considerable. Especially once you add the many other changes / enhancements not included in the list above. This update is the result of hundreds of man-hours of development investment. And, while our customers are embracing this update, we are advanced in our work on the next update, which we are excited for.

Engaged software developers are always working on their software products. That is our commitment here at Tower Systems – continual improvement based on continually evolving tech, market conditions and other factors.

We invest on behalf of our customers son that they can be sure that their Tower Systems POS software does evolve and can embrace opportunities of value and usefulness in the local small business retail settings in which we serve.

Included with this latest POS software update is advice for our retailer customers about data security. This refreshed advice is in the light of hacks in the last months of 2022. We have explained steps local retailers could consider taking to better protect data they are entrusted with. We have backed our advice with software tools to equip retailers with useful tech for better data protection.

Small business retail advice: how to deal with challenging trading circumstances

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Here at Tower Systems we get to work with and learn from many local small business retailers across many different retail channels who use our POS software. Here’s a list of some of the advice we have provided to retailers facing tough times. It’s offered as a resource for any in need. we also offer personal assistance based on specific circumstances.

  1. Know your truth. If you run a computer system, analyse the data it collects. If you don’t know how to do this, find out. Look for surprise information in your data, things you did not know about your business. For example, look at the top selling items. If there are surprises there they could inform other decisions you make to urgently address your situation. Talk to your computer software company, ask for their assessment. Knowing your truth is key to owning your situation.
  2. Quit dead stock. If you have stock on the shop floor which is old – ‘old’ can vary between product categories – and for which you have already paid, quit it. However, stock that is greater than six months old is a reasonable guide – then take action to sell this at a substantial discount. Move the stock off display units. Line it up to look like clearance stock – stacked up on tables. Setup plain and simple signs indicating the discount prices. Create signage to show it as clearance stock. If you have enough clearance stock in your business, consider signs across your front windows. Give your sale a name that is unrelated to your situation. Here are some suggestions: MEGA SALE, FIRST EVER MARCH SALE, AUTUMN SALE, SMALL BUSINESS MIGHTY BIG SALE. Give it a name you can theme around.
  3. Run a loyalty offer. Immediately setup and run a loyalty program rewarding shoppers with dollars off their next purchase. The most successful loyalty offer in recent times is discount vouchers whereby vouchers are included on receipts offering an amount which is cleverly calculated by your software based on the items in the purchase. The goal has to be encouraging shoppers to purchase again soon based on the offer on the receipt for items they just purchased.
  4. Move things around. If your business is in trouble it is possible that it has not changed much in recent years. Change it. Move departments around, shake things up so your customers trip over things they did not think you sold.
  5. Review prices. Look at the common items you sell, consider a small increase in your prices. It could be a small increase will not hurt sales volume yet will add profit to your bottom line.
  6. Upsell well. At the counter, work to extend the basket for every sale possible. Do this with clever counter product placement and witty and engaging banter with customers offering upsell products. You goal has to be to make more from each customer.
  7. Stand for something. What is different about your business? What is special about it? What makes people want to come back? If you don’t know the answer to these questions you’re in trouble. If your answer is we’re the only shop of your type nearby you’re in trouble. If the answer is people have always shopped here you’re in trouble. You need to have a difference that people want and will talk about to others. It could be a product or a service. However, it cannot be a product line that is traditional to your type of business as that will not add value to your shingle in the way you want or need. What do you stand for?
  8. Different retail options.
    1. Consider becoming an outlet shop selling items from a supplier keen to quit bulk items.
    2. Rent space in your shop to another retailer.
    3. If you have higher priced items consider offering employees commission on sales.
    4. Maybe become an outlet for local artists taking on items on a consignment basis.
  9. Stop unprofitable behaviour. If you are doing things in your business which lose money or do not contribute to a good future for the business, stop doing them. Regardless of history or what your business might stand for, continuing with unprofitable activity only makes your situation worse. If you know something to be unprofitable and yet you say you can’t stop it, think carefully about that, about why you can’t stop losing money.
  10. Get suppliers to help. Suppliers often have old stock themselves which they want to quit at a substantial discount. Buy items you have not stocked before, negotiate good prices and put the stock out with a healthy margin but still at a discount to what others would be charging. Negotiate to pay once you are paid by customers.
  11. Trim employee costs. Cut employee hours and work more in the business yourself if you are not doing so already.While this can have a significant personal cost, the less you pay others the more be business benefits in financial terms.
  12. Trim overheads. Cut everything you can: cleaning, power usage, insurance, freight, banking. Look at every supplier relationship you have and see if you can negotiate a better deal to cut your operating costs. However, do not turn off lights as darkness is death in most retail businesses.
  13. What assets can you sell? Do you have computers, retail fixtures, vehicles or other assets you no longer use in the running of the business? If they are not being used, turn them to cash as quickly as possible.
  14. Get a job. If you have a partner in the business with you and the business can run with one partner, one of you should get a job outside the business. This is especially helpful in a husband and wife situation where the family income can benefit.
  15. Talk to your landlord. A good landlord will prefer a good business to stay rather than have then close down and a new tenant having to be found. Talk to the landlord, be honest with them about your situation. Given the landlord all of the information they need to make the decision you need them to make. This information will include sales figures, expenses and margin information.  Usually, the more transparent you are with the landlord the more they will support your business.
  16. Talk to your bank. While banks tend to not get involved in lending to businesses that are struggling, it may be that they have contacts that can help you navigate to a solution. Maybe talk to another bank.
  17. Talk to colleagues. If you have nearby business colleagues in the same line of business, they might have stock they are happy to provide you for free or at a discount to give you stock to move for a good price.
  18. Refresh the business. Make the business look, smell and sound fresh. Beyond the products you sell and where tings are located, change the environment itself using scents and sounds. Too often when a business is struggling, those involved let standards slip and the business does not look attractive to shoppers. Avoid this laziness at all costs.
  19. Deliver amazing customer service. When serving customers be the perfect shop assistance and not the owner of the business facing closure. Keep your mind on the job at hand and not the cliff you’re worried might be a few steps ahead.
  20. Whoever is pressuring you the most to close or contemplate closing, talk to them. If it’s a supplier, the tax office or some other organisation or individual pressuring you about debts, be upfront with them, lay out for them your plan detailing the action you will take to turn your situation around, be clear about what you are doing and outline a timeline step by step for them. Seek their support.
  21. Set a timeframe. Decide where you want to be in a week, four weeks, eight weeks, twelve weeks. Set realistic goals. Measure yourself against those goals. Know what you will do if you fall short.

No situation is impossible. No business is dead until the doors are closed for the last time.

Never give up. Fight hard and fight smart to turn your business around.

Facing tough circumstances in retail can be like the deer in the middle of the road facing an oncoming vehicle. Don’t freeze. Take action to mitigate your situation. A series of small steps could be the difference between closure and trading out of the problem.

2 minute read: 3 free things any local retailer can do to compound profit

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3 things any retailer can do to compound profit.

Individually, these strategies work. Done together, the profit value compounds.

  1. Chase new customers. Serving the same customers is likely to give you the same results. Every day, do something to attract new customers through: a brilliant and different window display, engaging social media posts, a community group connection, a club member fundraiser.
  2. Maximise gross profit percentage. Buy at the best price you can. Be engaged in how you price what you sell. Every cent matters. Rounding up to .99 is a good start. Pricing based on the value you offer is more important than trying to compete with the cheapest. You’re worth it.
  3. Drive a deeper basket. Be smart about what you place where in the shop in pursuit of people buying more. At you’re counter and at the busiest points in the shop, make adding things to the purchase easy. Look at what people buy with what and use that to guide product placement. Use smart loyalty tools to disrupt shopper behaviour.

Our Aussie made and supported POS software can help with these three strategies, and more. We help our 3,000+ local retail customers run more successful, enjoyable and valuable businesses.

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

Tower Systems is not your usual POS software company. We own and run retail businesses where our software is used to maximise value. When we suggest ideas and opportunities too our POS software customers, we have tried them ourselves. We walk in the shoes of our customers in a way that is rare in POS software businesses.

This matters in local small business retail as practical advice matters more than theory. It’s kind of like show, don’t tell. We show how our software works in our diverse portfolio of retail businesses and have done now for more than 26 continuous years. Like we said, we are not your usual POS software company.

In addition to advice and support in how to use our POS software, we provide insights based on customer data for those customers keen for this. Our business analysis and advice services are all part of what we offer here at Tower Systems.

Tower Systems helps more local small business retailers move to scanned based trading

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The Tower Systems POS software has for many years provided a data feed to suppliers to facilitate scanned based trading in situations with which they wish to trade.

As a result of advocacy, we are grateful to offer more scanned based trading opportunities to retailers in our small business POS software community.

What is scanned based trading?

This is a commercial relationship between retailer and the supplier where the retailer pay for products when or at an agreed time in a scheduled way after they are sold.

Scanned based trading can be a game changer for local small business retailers as it frees capital for more useful purposes in their business.

It also focusses the attention of suppliers as their commercial benefits are more acutely tuned to the sales results in the business.

The retailer is no longer responsible for shopper theft in some scanned based trading relationships that we have seen.

Some scanned based trading facilitated through our Tower Systems POS software have resulted in significant growth in retail sales and local business success and, of course, the partner suppliers benefit from this too.

Accessing scanned based trading through the Tower Systems POS software is an easy step for any business. The Tower Systems POS software support team can help retailers with this and our leadership team is ready to engage in advocacy to help local small business retailers convince suppliers to engage.

Success with scanned based trading starts with accurate data shared between retail business and the supplier, and accurate trading at the sales counter. These steps are easy to achieve with the right systems and business practices. Our training and support services help retailers with this.

While scanned based training is not for everyone, we see it successfully run in a host of retail situations across a variety of retail business channels.

Our years of experience in scanned based trading through our POS software offer us a perspective that we are grateful to leverage for our small business retail customers. They are our focus.

Tower Systems is grateful to offer specialised retail POS software for garden centres, sewing shops, music shops, pool maintenance and supply businesses, produce businesses, fishing bait and tackle businesses, firearms dealers, newsagents, pet shops, adult shops, bookshops, jewellers, toy shops and more.

Our customers are local family run businesses across Australia and New Zealand.

POS software for antique stores helps handle the consignment stock and commission GST challenges

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Antique shops are unique businesses, with unique sales management and data tracking challenges.

The Antique store POS software from Tower Systems helps address these challenges while recognising that there is a diverse mix of needs in these businesses.

Take the area of handling the Get on commission earned by the Antique shop when selling an item that is offered on consignment. There is confusion baby some antique shop managers as to how to handle the GST. The advice we follow in our Antique shop POS software is that outlined by the ATO.

The handling of GST in antique shop sales relates to the commission portion.

We come across this in a number of different areas in specially in lotto sales and Jewellery.   In these in the agency instances the items are set to be GST free, as the retailer is selling the item on the behalf of another party.

The GST payable on the commission which is incurred when you raise an RCTI to the supplier, not the end customer, as it is them that is paying you for the service, not the customer instore.

The ATO is instructive as to the handling of this:

https://www.ato.gov.au/business/gst/in-detail/rules-for-specific-transactions/agent,-consignment-and-progressive-transactions/gst—agent,-consignment-and-progressive-transactions/?anchor=AgentsandGST#AgentsandGST

Agents facilitate sales in return for an agreed amount paid through a commission or similar arrangement.

If you make taxable sales or importations through an agent, you’re responsible for the GST.

You can claim a GST credit for the amount of GST you pay as a commission to the agency. The agent must pay GST on the commission that you pay them, regardless of how the purchaser pays for the goods or services.

Either you or the agent can issue a tax invoice to the purchaser, but you can’t both issue tax invoices for the same sale.

The Antique shop POS software from Tower Systems can handle tracking this GST as well as the sale of the item. There are steps for the retailers to follow to ensure this is done accurately, with an appropriate paper train suitable to the needs of the ATO.

What Tower Systems offers here in its POS software for Antique stores is a specialty retail solution, developed over years of working with retailers.

The more any retail business is able to use its POS software top track business the better as this facilitates accurate record keeping, which sits at the heart of small business success.

Tower Systems helps NSW newsagents handle Back to School vouchers

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We love the Back to School voucher initiative by the NSW state government as it supports families of kids in school, helping them fund vital school related purchases.

Since Tower Systems serves the majority of local small business newsagents around Australia, with many hundreds in NSW, the company has ensured that its local retail newsagent customers know how to accept the NSW state government Back to School vouchers for payment through the Tower Systems newsagency software.

Newsagents have been provided advice on setup in their software to accept the vouchers as well as advice on how to handle a voucher in a customer purchase.

By making it easy for newsagents to accurately and correctly accept and process the NSW state government back to School vouchers, Tower Systems is helping its small business newsagency customers to connect with the government program.

The Tower Systems advice is also useful for shoe shops, uniform shops, bookshops and other local retail businesses eligible for accepting the vouchers as a method of payment.

Setup

You will need to create a payment type for your online vouchers

  1. So to Setup –> General –> Payment Types.
  2. Click Add to create a new payment type
  3. Enter a name for the new payment type. Use a recognisable name, eg. Service NSW Vouchers
  4. Select the TYPE as Charge Card.  Do NOT use voucher.
  5. Click Next and then Finish.

Processing the Sale

  1. Complete the sale to the point of obtaining a Total.
  2. Click Subtotal or press [F2].
  3. Access the NSW Govt app and process the voucher.
  4. Enter the amount of the voucher in the subtotal screen against Service NSW Vouchers.
  5. Enter any remaining value of the sale against the correct paytype eg. EFTPOS or Cash.
  6. End the sale.

Tower Systems nationally is grateful to serve close to 1,800 local small business newsagents with its newsagency software. With a national newsagency community of 3,000, Tower Systems serves more newsagents than all other software companies serving that channel and while that may sound bratty, it’s not our intent. The Aussie newsagency channel is, from time to time, targeted by slick salespeople making claims. Facts matter. We share our results because they are fact based.

We will help any newsagent in our Tower Systems newsagency software community setup for the NSW state government Back to School vouchers and transact safely and properly with them.

The last thing retailers want then they call the POS software help desk is to speak to someone in an offshore call centre

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There are POS software companies selling into Australia that support their POS software via an offshore help desk.

We think local Aussie and Kiwi retailers want locally based POS software support. Our Tower Systems POS software help desk people work from two countries: Australia  and New Zealand, with the vast majority in Australia, where the vast majority of our customers are located.

Here’s why we think local retailers would not want to speak with a POS software help desk located offshore:

  1. They don’t understand local retail.
  2. They have no reference point for your type of retail.
  3. They are less likely to have a conversation and more likely to run you through a structured Q&A script;
  4. They are likely managed per call, making calls about numbers, and not about customer outcomes.
  5. They are disconnected from the POS software development team.
  6. They can’t look out the window and comment on the weather.
  7. What they are paid does not add to the local economy.
  8. Offshore help desk employees tend to not have retail experience.

Here at Tower Systems we think local support matters for locally used POS software in the indie small business retail space.

Our help desk is run by people with retail experience, Aussie retail experience. They do not operate with a script. A typical call starts with them listening to your explanation of the reason you called. Next, is two-way conversation, in pursuit of a solution for you. If need be, they will speak to people from the software development side of our business.

Good POS software support is all about understanding the query and core to this is understanding retail and in particular, the specific type of retail – because not all retail is the same.

When you call a POS software help desk, your call is about your business, it is about you. Too often, we hear that offshore POS software help desks are about the software with little consideration given to the retailer business itself.

Retail is personal. Good POS software support is personal. This is what we understand, it’s what our customers tell us matters to them.

While an offshore POS software help desk is considerably cheaper for the POS software company to run, the money saved does not translate as a better situation for the retailers who call.

Here at Tower Systems we are proud to offer a locally based help desk service for the thousands of retailers using our locally developed POS software.

7 ways small business retailers use POS software from Tower Systems to reduce labour costs

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Here are 7 valuable and easy to implement, proven and safe ways retailers are today using our Tower Systems  Point of Sale software(POS software) to reduce labour costs in their local businesses:

  1. Sales counter workflow. In our POS software it is smart, efficient, streamlined and labour cost saving. Best practice too. A competitively run counter can drive business success.
  2. Match revenue and roster. Focussing on rostering to revenue and revenue opportunity is a challenge for small business retailers. Tools in the POS software from Tower Systems help indie retailers do this with ease and consistency. These are tools retailers love as they can drive revenue reduction and / or labour cost reduction.
  3. Smart stock control including reordering. By eliminating manual processes around placing orders for replenishment stock, retailers are able to, in one place and at one time, accurately create orders based on business performance data.  By ordering based on business activity (sales) the business do working based on success rather than gut feel. A business switching to ordering from within their Point of sale system can expect to free up cash by reducing non-performing stock. This process is further improved through digitally engaged supplier relationships.
  4. Customer management including accounts and loyalty. Through computer-based customer accounts and loyalty management, the retail business is able to transact with customers accurately, in a timely manner and in a way which puts customers first.  Generating monthly customer statements, for example, could take a few minutes whereas manual processes could take many hours and face challenges with accuracy.
  5. Fact assisted decision making.  Too many retail businesses spend too much time spinning their wheels pursuing decisions because they are not using business facts to feed these decisions.  All to often we see poor business decisions made based on emotion and or ignorance rather than historical business data.  Replace the error prone and fact-less approach with a fact-based approach and a business will soon find that decisions are more right than wrong.  Retail businesses can bank on the results.
  6. Roster integration.
  7. Online sales. Leveraging existing roistered hours to transact with more revenue can make it more efficient. Through a multiple website strategy, local small retail businesses can use existing space and labour, and even inventory, to drive business efficiency.

These are just 7 of the ways in which our Point of Sale software is helping more than 3,000 small business retailers across Australia to improve the management of their businesses, streamline processes and drive more efficient allocation of labour resources.

Tower Systems is not your usual POS software company. We own and run retail businesses, too. We leverage this personal experience to provide our customers with advice options that may help them get more from their POS software investment than in an average situation.

17 ways POS software from Tower Systems helps small business retailers market their businesses

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There are more than 17 ways local small business retailers can promote and market their local retail shops using the Tower Systems POS software, many more than 17 ways.

But, since we needed a catchy headline for this blog post, we figured we would list 17 for you, because 17 is authentic, and that is what we are, authentic. We are a local Aussie PSO software company that makes and supports POS software for local Aussie retailers.

Let’s get into it. Here are 17 ways local small business retailers can market their shops using POS software from Tower Systems:

  1. Include a promotional message on receipts. This image, or text, is auto-served, making the passive paper document a sales tool, giving you a good reason to include receipts.
  2. Send emails to customers based on past purchases.
  3. Send emails to customers based on timing indicating their next purchase is due.
  4. Sending emails to groups of customers with common interests inviting them to a shared event.
  5. Bundling and promoting BOGO, buy one get one free, or similar.
  6. Running a coffee cards loyalty stamp program but without the stamps. The more people buy, the closer they are to redeeming their free gift or purchase.
  7. Running discount vouchers that offer cash off the next purchase based on this purchase.
  8. Bundling kits made of individual items that then look like products unique to your business and therefore pitch you in a different light.
  9. Sharing product use information thereby adding value to the relationship with your business.
  10. Shopper loyalty. Old school. Points based. Collect points. redeem. Get stickier with a business.
  11. Converting loyalty points to vouchers and tending these to shoppers to encourage them to return, and spend.
  12. Sell online through a seamless Shopify link and through this reach people who do not shop locally near you.
  13. Manage tracking purchases by local club members encouraging the club and club members to support your business.
  14. See what sells with what and change product locations in the shop to leverage these data insights.
  15. Show shoppers using your software what is sourced locally, thereby encouraging local connectivity.
  16. Replenish so you have stock people want. Empty shelves can’t be sold. Replenishment is a marketing activity.
  17. Share local product use advice and insights with items you sell so people get more form their use.

We have shared this list as encouragement for any local indie small business retailer considering how they can promote their business.

Tower Systems makes POS software for local small business retailers. Our goal is to help you thrive.

The POS Software Blog

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