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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Comparing discount vouchers from POS software companies

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We know the discount vouchers generated by our POS software work well based on feedback from hundreds of retailers using them. We know they drive traffic, revenue and profit. We know they fund themselves. You can see the benefits in the P&L.

One competitor, POS Solutions, has on their company blog published extensively criticising discount vouchers. Having now compared their facility to ours we can understand why.

The Tower Systems discount voucher facility is completely different to the POS Solutions discount voucher facility. We have counted twenty key differences between our facility and the facility POS has. This comparison was undertaken on documentation POS published on their blog recently. Their settings documentation enabled us to compare facility for facility.

The twenty differences demonstrate greater flexibility and power in the Tower discount vouchers facilities. This could be why our customers love them and why we are able to leverage discount vouchers for profit in our own retail businesses and why POS Solutions talks discount vouchers down.

Our opinion is we would talk the facility down too if we only had access to the settings POS has documented.

There are some similarities – in six areas. 23% of the available comparison points. While the two software companies call their facilities discount vouchers, they are clearly not the same thing.

UPDATE (8pm 27/4): We note POS Solutions ‘responded’ today – but what they wrote is not really response. They use obscure and unrelated quotes from others and say nothing about the specific comparison we have made what what is in the document they published about their own software and what we know is in our software. That they have responded as they have indicates they have no response other than to try and divert attention from the difference in response retailers get from their software versus ours. Retailers love our discount voucher facilities and the outcomes they achieve.

They have reproduced a screenshot from our software and used it incorrectly and inaccurately. Their time would be better spent serving their customers with better software.

UPDATE: (10:30pm 28/4): Garth Brennan a POS employee has commented on their blog saying we don;t detail the 20 differences. We have learnt our lesson of not being specific about differences between our software and POS – so as to not show them what to fix. The document we used was a comprehensive document by POS detailing how to use their software and all of the settings opportunities in their software.

The Director of POS talks down discount vouchers as not being viable, to working. What that may be the case for his software, it is not the case for us. The evidence of success is strong despite their wishes that it would be otherwise.

UPDATE: (7:05pm 30/4): Garth Brennan now says their comparison was about the cost of our voucher program. It cannot be as they have no idea of the cost. They claim there is a cost of 4.6% The problem is they are making assumptions on how their system works. Our cost is considerably less as retailers using the facility know. Their system is not our system thankfully. This is why so many customers love our system. Bernard Zimmermann the support director of POS weighs in too trying to walk back his own document we compared with. We took the document he made public and compared with the equivalent document for our software. Each document outlines the settings available. This is where the differences emerge. POS users wanting to use a successful discount voucher program are discovering this for themselves. I think this is what is driving their comments about this post.

We understand POS wants to talk discount vouchers down. We suspect we would if our software had only their settings.

More suppliers join Tower Systems EDI community

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Small business retailers are set from more suppliers joining the Tower Systems EDI user community offering access to electronic invoices, stock files and other benefits.

With someone dedicated full-time in our business to help wholesales and others connect with retailers, we are well positioned to be able to help overcome hurdles in suppler organisations. This service is one reason we have more suppliers connected with our customers through our software.

The latest supplier coming on board to offer electronic invoices will be a help to many customers as they trade in the newsagency and gift marketplaces – where we serve over 2,000 small businesses.

The moment they are ready we will announce to our customers.

POS software helps small business retailers sell more gifts

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exchreceiptPeople purchasing gifts want to ensure that the recipient can exchange the gift if it is not quite right.

Retailers using the Tower Systems specialist gift shop POS software have the ability to print a gift exchange receipt detailing the items purchased but not the price paid.

This facility has been in our software for years. It was developed with retailers offering gift exchange services. The receipt printed was recently enhanced to connect with quality gift purchases.

This gift / exchange receipt facility is another point of difference for Tower in several of our retail channels it is am important pert of the Tower AdvantageTM.

Sunday retail management advice: how to cut employee theft in retail

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Theft is something to be managed in your business. You will be stolen from. Good management is about reducing the opportunity for and instances of theft.

Follow this advice and the opportunity for theft will be lower and the certainty of detecting it higher.

Unfortunately, many retailers read up to here and think this will to happen to them.  Too many of these business owners are the ones who do experience the hurt of employee theft.

If you are still reading, well done. Here are simple steps you can take to catch and manage employee theft:

  1. Use stock control for a high volume high interest category (if not all stock). Enter new stock as it comes in, scan all sales and only reorder based on what you software says. Every month do a stock take. Stock discrepancies of the right item are an indicator of theft. Had one retailer we know of been doing this they would have caught their $250 a day employee theft months earlier.
  2. Scan everything you sell. Do not use department keys as this makes it easier for employees to steal since they know there is no trackback to stock on hand. Using department keys is an invitation to steal.
  3. Do your end of shift through your software and have a zero-tolerance policy on being over or under. Reconcile banking to your computer software end of shift. One retail business where this was not done was being skimmed regularly for $200 a day.
  4. Do spot cash balancing. Unexpected checks can uncover surprises. One retailer needing to do a banking during the day uncovered a $350 discrepancy that lead to discovery of systematic theft.
  5. Change your roster. Sometimes people work together to steal. One retailer found a family friend senior and their teenage daughter stealing consistently.
  6. Check your Audit Log. Look at cancelled sales, deleted sales and items deleted from a sale. Leaving a cash drawer open from the previous sale, scanning items, taking the cash and cancelling the sale is the most common process used by employees to accrue cash they then take from you. Good software tracks cancelled sales and what was in them. This can be matched with video footage.
  7. Check GP by department. If GP is falling outside what you expect, research it further.
  8. Setup a theft policy. Put this on a noticeboard in the back room. Get staff to read it and sign up to it. See the last page of this advice.
  9. Keep the counter clean. A better organised counter reduces the opportunity for theft as it makes detection easier.
  10. Have a no employee bags at the counter policy. This makes it harder for them to hide your cash.
  11. Beware employees who carry folded paper or small notepads. These can be used for them to keep track of how much cash is in the register that is theirs – i.e. not rung up in the software.
  12. Beware of calculators with memories at the counter. One employee used the memory function to track how much cash had to be stolen prior to balancing for the day – cash from sales not rung up.
  13. Do not let employees sell to themselves. If they want to purchase something make them purchase it from the other side of the counter.
  14. Be professional in your management of the business. The more professional your approach they less likely your employees will steal as they will see the risk of being caught as high.
  15. Advise all job applicants that you will require their permission for a police check. From the outset this indicates that you take your business seriously. In many situations applicants who have been asked for permission to do a police check advise they have found a job elsewhere.
  16. Do not take cash out for your own use in front of employees. If they see you take cash for a coffee or lunch some will see this as an invitation.

These steps work – based on decades of helping newsagents to reduce and manage employee theft.

Theft, employee and customer, costs a typical retail between 3% and 5% of sales revenue. Management attention can cut this dramatically. It does not take much time. No, it is more about having professional processes in place which everyone in the business follows.

Tower Systems helps newsagents compete with supermarkets through newsagency software

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Talk to any small business newsagent today and they will tell you about renewed competition from supermarkets. Thanks to our ownership of newsagency businesses we have insights and experience we can leverage to help Tower Systems newsagency customers through our industry standard newsagency software.

Through our newsagency management software and the customer service which backs the software we can help newsagents reflect a point of difference they can leverage against competitor supermarkets.

The leverage opportunities in our software and services are unique to us. We’re not writing about them in detail here because to do so would give followers something to do.

The purpose of this post is to remind our customers we can help in non-traditional ways, ways on which you can bank to leverage a point of difference over businesses you worry about and see as too big to compete with.

Our management team is here for you with advice, training and assistance for you to use our industry standard software to compete efficiently and effectively.

Tower Systems support arrangements for Anzac Day

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Screen Shot 2015-04-24 at 8.07.55 amTower Systems write to its customers to outline customer service arrangements for tomorrow, Anzac Day.

While the after hours help desk services will remain fully open and active along with our senior management escalation services, our office based help desk will be closed for the day out of respect for Anzac services and commemorations around Australia and New Zealand.

Ensuring customers were aware of Anzac Day arrangements well in advance of the day is another example of transparent and good customer service by the business.

Tower Systems helps newsagents on magazine supply

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Screen Shot 2015-04-24 at 8.50.14 amTower Systems helped develop the most comprehensive response on behalf of small business newsagents to a conference hosted by the ACCC on magazine supply arrangements.

The issue at the core of the conference was a proposed trial of new magazine supply rules which would not provide newsagents with any opportunity to be more competitive than the current arrangements which newsagents say, and we agree, make them uncompetitive against supermarkets.

Only Tower Systems and newsxpress petitioned the ACCC for the conference. It is because of these that the ACCC hosted the historic conference in which more than thirty participated in several states.

Tower Systems updated newsagents with an email about the conference this morning.

PayPal payment integration with POS software helps small business retailers

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PayPal LinkTo help retailers using its POS software, Tower Systems has produced a video on how to use the PayPal link in retail for receiving payment from customers. This video demonstrates the link that is available now to all Tower customers.

Tower Systems was the first POS software company in its specialist marketplaces to offer the direct PayPal link last year.

The educational video produced by Tower shows how the link works in a retail business.

We are thrilled Tower was selected by PayPal for this honour.

POS software company says no and loses a sale

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We lost a sale recently because we would not give a sales prospect exactly what they wanted. What they wanted and what we do here at Tower Systems through our POS software were not aligned.

We are a specialist retail channel software company, offering software highly tuned and tailored for a specific selection of retail channels. We do this well. We don’t offer bespoke software unless enhancements developed could benefit one or more of our specialist retail channels.

In the instance we are writing about today, a sales prospect wanted something specific to their business which had no value to any other customer. While we could have done the work it would have taken attention away from commitments to existing customers. It was for this reason we said no thanks.

While it is never easy to walk away from revenue, we appreciate the long term relationships we have in our select group of retail channels and feel we are better served serving them than investing too much time serving the needs of one customer.

POS software which stops working if you do not pay software support fees discredits POS software companies

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Not all POS software companies are the same when it comes to software support fees.

At Tower Systems, paying a support fee is optional. If you do not pay, you can continue to use the software unhindered.

We have competitors who block access to their software if a hefty mandatory annual software support fee is not paid. We think this approach reflects a lack of trust that their customers will love their software enough to want to pay for support.

We think this type of fee is unethical as it is not explained in their pre sales process. Retailers purchasing access to their software pay too much for the first year and are then hit with an above average fee for subsequent years. By then, they feel locked in.

Shame on this other company for what they do.

POS software help desk outbound calls demonstrate thoughtful customer service

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The Tower Systems POS software help desk is not your average POS software help desk. One way this is demonstrates it its outbound call strategy, reaching out to businesses using our software to offer advice and assistance when not asked.

This proactive approach to providing a service is all about delivering unrequested assistance and helping small business retailers achieve unexpected beneficial results from their POS software investment.

Part of a structured program put in place by senior management and executed operationally through our help desk professionals, the outbound quiet customer call strategy is is much appreciated. We love the appreciative reaction from some when we call to offer help.

Too often we year of POS software help desks which struggle to get to inbound calls for days. resourcing the service so we are able to get to inbound calls quickly and have capacity for our exclusive outbound service is a point of difference we are thrilled to leverage.

Tower Systems helps small businesses affected by NSW storms

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The Tower Systems help desk has been helping newsagents and other small business retailers with advice and other assistance though difficulties of dealing with water on equipment, power outages and other damage caused by the dreadful storms.

We have ensured that calls from businesses impacted by the storms are given priority and this will continue for the next few days until we see things have settled down.

POS software reports on KPIs for small and independent retailers

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Few small business POS software products report on return on investment, stock turn, return on floor space and return on shelf space. The Tower Systems POS software delivers on reporting on these and other KPIs, enabling retailers to have a better understanding of business performance and through this the opportunity to make better quality business decisions.

Return on investment, stock turn, return on floor space and return on shelf space are the most vital of retail business Key Performance Indicators. That retailers using the Tower software can access these for themselves and easily demonstrates a valuable point of difference.

Since some small business retailers don’t understand the KPIs, the Tower help desk and business management teams offer assistance in understanding and guidance on decisions which can be made as a result of tapping into the KPIs.

When comparing POS software companies, visit their offices for a tour

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Your success with POS software is often more dependent on the people behind the software than the software itself.

Good POS software is a moving thing.

What it does for you today will be different to what it does for you tomorrow.

What it does for you tomorrow will depend on the people behind the software.

When comparing POS software from different companies, compare the people in the companies, visit their head office and meet the team. See for yourself if the team has what it takes to make you confident they can deliver for you over the long term.

Companies which suggest you don’t need to visit are those less likely to have the team you will want and need.

Sunday retail business management advice: leverage your top sellers for more value

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Every retail business can sell more to every customer. This is easy when you have good business data and use this to make good business decisions.

Making more money from every sale starts with you understanding shopper behaviour today.

Get a report from your Point of Sale software listing your top ten selling items, by unit sales for the last three months. Do not look at dollars. Unit sales is the far more valuable count since this is a discussion about leveraging volume.

In the Tower software the report is a 10×10 Report. This lists the top 10 items and the ten items selling with those 10 items. (You can set the number to anything besides 10.)

In a typical retail store, the top ten selling items will account for between 30% and 50% of revenue of the business.

Look at your top sellers report and concentrate on the top selling items. Consider these questions about the top selling items:

  1. Do you have appropriate impulse purchase products located on either side of each top item?
  2. Are the top items spread through the store, to maximize customer throughput?
  3. How often do you move the top items?
  4. Do you have the top ten items in multiple locations?
  5. What impulse purchase items do you have at the counter which will appeal to customers who purchase any of the top ten items?
  6. Has the list of top ten sellers changed in the last year? If so, how have they changed and what can you learn from this.
  7. Are there products which you do not currently carry which you could add to the store to sell with the top ten sellers?
  8. Do customers who purchase the top ten sellers ask for any other items?

The idea embedded in these questions is very simple. Use the top ten sellers, or top twenty or top thirty, to focus your attention on items with which you can work to achieve more sales in your business.

By focusing on the top sellers and what you can sell with them you can increase the size of the average shopping basket.

If you can’t see opportunities for achieving more sales by placing products next to or with the top sellers then speak with your team and speak with trusted customers. Don’t rest until you unlock suggestions to try.

There is plenty of additional money to be made from your top sellers. Invest time and attention on this project and get ready to bank the results.

POS software helps small business retailers with targeted marketing

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Small business bike shops, jewellers, garden centres, gift shops, pet shops, homewares shops, newsagents and more are using the targeted marketing facilities in the smart POS software from Tower Systems to more closely engage with shoppers.

Our targeted marketing tools leverage shopper details including purchase history to facilitate selective highly-targeted marketing to attract known shoppers back into the business. These smart POS software tools are vital to small business retailers keen to be noticed in a crowded marketplace.

Tower Systems is hosting another free training workshop on targeted marketing for retailers using its software on May 6. This is part of the weekly free training workshops run  by the company for many years now. These workshops are a true point of difference for Tower Systems, they are a benefit retailers love.

Linked with loyalty facilities including discount vouchers, the targeted marketing tools in the Tower software are unique to Tower, they offer a genuine point of difference on which small business retailers can rely. We have case studies which offer evidence of engagement growth as a result of using the facilities.

Targeted marketing is another part of the Tower AdvantageTM.

Aussie POS software helps small business retailers grow

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Small business retailers want to grow, who doesn’t? With rent and labour costs increasing each year, growth is mission critical. POS software company Tower Systems helps its customers grow by providing advice on how to use the software to grow.

As retailers ourselves we can provide practical advice on how to use the software to more than transact sales, we can help retailers use the software to grow their businesses. We do this every day on our help desk, through our consulting services, through our knowledge base and through our business mentoring assistance.

We encourage, guide, educate and support our small business retailer customers in their desire to grow their businesses. it’s something we take serviceably.

Even on the weekend. Take today, Saturday … we have been helping one business owner understand opportunities in their slow selling inventory pool to unlock cash and space for more productive use.

We are serious in our commitment to small business retailers from our software through to the practical advice and support we provide.

What is unique in the Tower Systems Jeweller software?

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In a recent Q&A for publication we were asked about what is unique about our software for jewellers. With limited space here is our answer listing the key unique offerings from Tower Systems in its service of jewellers:

  1. We are a software company, not a consulting business using software as a mechanism for driving consulting fees.
  2. We are in your business. Not a contractor we hire, not over the phone, when we install the system we do it in your business, working with you.
  3. Second-hand goods. These facilities have been developed with jewellers and authorities so you have the right records on hand.
  4. These facilities have been developed to help you streamline workflow and keep in close contact with customers throughout.
  5. Manufactured goods. From concept to manufacture, you can manage and track what you make for whom and when. This is a billing and management asset.
  6. We offer more facilities than any other system. These offer you flexibility for driving purchases in the current visit and for bringing shoppers back more often.
  7. You have access to extraordinary customisation, enabling you to represent your business son receipts, invoices and other documents how you want.
  8. Embedded in our software are facilities for tracking how the software us used. This enables us to help you monitor and reduce employee theft.
  9. Retail focussed. The big challenge of retail is to uncover opportunities which you can still leverage them. We have smart reports which unlock for you information about your business which can help you here.

POS software helps gift shops, small business retailers handle special orders

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Screen Shot 2015-04-07 at 10.14.08 amThe POS software from Tower Systems has excellent facilities for handling special orders, pre-orders and other forms of orders for customers that are unique to the customer and a point of difference for the business to offer.

Special orders and customer pre-orders are a point of difference for small independent retailers over big businesses. Being bale to do this with consistency and certainty can help these businesses more successfully compete.

Thanks to years of refinement and working with retailers in a wide variety of retail situations, Tower Systems offers a competitive advantage from the recording of customer details, tracking an order,k advising its arrival and handling a range of payment options including time payment.

We have retailers today transacting valuable business in pre-orders of highly valuable product as a result of these tools in the software. They are financially better off today and over the long term as special order customers tend to return for more orders.

Learning from US retail experiences to provide enhanced POS software

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usretailWe are fortunate to have been part of a retail study tour of innovative retail situations in the US over the last ten days across three states.

We have looked at large, small, city, regional, specialty, mass, experimental and traditional businesses.

The insights gained are feeding into plans for our software beyond the wonderful advice and feedback from our existing customers.

The insights gained range from the retail management practical through to next-gen opportunities.Being on-trend is an important to retail focussed POS software companies as it is to retailers themselves.

Competition in our various specialist retail channels being what it is, we will not be sharing any insights here. Rather, our customers will have more private briefing opportunities and our software will deliver insights through change.

Xero features Tower Systems POS software

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Screen Shot 2015-04-15 at 1.26.18 amCloud accounting software company Xero features Tower Systems and its retail management software on the Xero website. This privilege is for software companies which have met compliance requirements set by Xero – which tower did early in 2014.

Today, we are thrilled to have plenty of retailers using our software and our automated link to Xero … saving them time and money in the management of their financial records.

We use the Xero live and automated link for our own retail businesses and can speak to the benefits ourselves.

Tower Systems helps Plants Plus retailers migrate to new loyalty offer

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Plants Plus garden centres using the Tower Systems Garden Centre software have appreciated the migration path offered by Tower to switch from the loyalty program used centrally by Plants Plus to the new facility adopted y the group.

Working with Plants Plus head office and their service provider, Tower systems has offered a seamless and valuable solution which helps these garden centre operators to ensure continuity of service to loyal customers.

In addition to the Plants Plus loyalty facilities, Tower supports several other loyalty offers – delivering appreciated flexibility to garden centres for their support of shopper loyalty … encouraging return purchases. From points based programs to dollars off immediate loyalty rewards, the Tower software provides flexibility to retailers looking for options through which to drive customer engagement.

Developed in close consultation with garden centre operators and other independent retailers, the Tower software offers business building facilities on which retailers can rely to drive business growth.

What sets Tower apart is the practical advice it provides for integration of the facilities into the business.

How our Pet Shop software company cares about local small business pet shops

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Screen Shot 2015-04-07 at 9.30.51 amBeyond awesome pet shop management software, easy to understand training and helpful backup support, Tower Systems helps pet retailers in practical everyday ways.
Take our shop local campaign. We have developed artwork pet retailers can use to promote their businesses to your community. We provide access to an ever-evolving resource of digital art which can be printed locally, use on Facebook pages or on other social media platforms to reinforce the shop local pitch.
We can provide digital art retailers can use on receipts to extend the reach of shop local pitches. The art included with this post is just part of the range available for free.
Given the big businesses with which pet shops compete and the money they spend on advertising, we wanted to offer independent pet retailers practical help, for free. So we created our latest shop local artwork series. We’ll happily share the artwork with anyone.

How does this connect with our Pet Shop software? In our software you have access to facilities which help you better connect with shoppers, facilities which help you practically compete with big business, facilities which provide growth opportunities.

9 ways the jeweller software from Tower Systems helps small business jewellers

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The Tower Systems jeweller software continues to evolve thanks to suggestions from jewellers large and small, in groups and independent.

Our commitment is to provide software you can use to guide more profitable control over your business – without the need to hire a consultant.

Here are 9 ways this software can help your business:

  1. Report smart. Our easy to read yet comprehensive reports help you better understand your business without having to hire an expensive consultant to do this for you.
  2. Receipts, invoices and other documents can be customised toreflect the taste and style of your business.
  3. From repairs to serial number tracking, we help you deliver consistently professional and personal service.
  4. Get customers spending more. Our loyalty facility tuned to the unique spending habits of jewellery customers improve the spend per visit.
  5. Easy LayBy. You can LayBy with certainty thanks to professional facilities backed by good documentation to your customers.
  6. Cut your bookkeeping and accounting fees. From GST reporting to having an up to date P&L, we can save time and money by linking to software like Xero.
  7. Connect your online with your shop. Our Web Store facility handles this.
  8. Cut theft. When you are not there, our software tracks behaviour. Our free Theft Check service has been successful to catching theft before it is too late.
  9. The Tower AdvantageTM. Our professional and friendly help from training to support to business advice. We are not your average software company.
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