By Ryan Edwards, freelance writer.
Omnichannel is one of the most effective retail strategies for engaging customers, driving sales, and building lasting relationships. A way to strengthen this game-changing approach is the revolutionary power of Artificial Intelligence (AI).
EPoS (Electronic Point of Sale) Technology News
EPOS or Electronic Point of Sale software is found in the majority of retail businesses. An EPOS system generally consists of a VDU (Visual Display Unit) and a PC and the system may also include additional equipment such as a scanner or a printer, depending on the requirements of the business. A traditional EPoS system is where the software is deployed locally on the till hardware and is generally found at the 'checkout' of a business, but can be linked to other terminals in the 'back' of the business and can even be linked to the business' website.
The Rise of Omnichannel Retail: Revolutionizing the Point-of-Sale Experience with AI
Apr 22, 2024
How do electronic shelf labels work ?
Apr 15, 2024
By Adrian Stokes, freelance writer.
Ever wondered how some retail stores seamlessly update their product prices in real-time, avoiding the hassle of manually switching out paper tags on shelves? Discover how electronic shelf labels work and how they can boost your sales and customer satisfaction.
Ergonomic Solutions: Delivering customer engagement at EuroCIS2024
Feb 27, 2024
The retail industry is witnessing an unprecedented level of competition, and traditional marketing strategies are becoming obsolete.
Recognizing the need for enabling innovative digital customer experiences, Ergonomic Solutions will showcase a comprehensive lineup of engaging customer facing solutions to drive personal interaction in retail and hospitality environments at EuroCIS 2024 (Hall 9 A40) in Dusseldorf from 27th – 29th February.
UK retailers must look to point of sale and display solutions to reduce retail theft in 2024
Jan 30, 2024
In the ever-evolving landscape of retail, businesses face an ongoing challenge: theft.Despite many retailers implementing additional security measures, the issue of stolen goods continues to plague the industry with beers and wine, health and beauty products, and baby formula being the most common stolen goods.
How To Use Shopify Staff Roles And Permissions To Manage Your Growing Team
Jan 29, 2024
By Jeremy Landau, freelance writer.
It’s no secret that when your business begins to grow, you will need to add staff to accommodate the increased sales and other demands on store operations. This tends to become more complex as your business gets larger, and staff roles and responsibilities may need to be diversified and identified, so everyone knows what they should be doing.
What is the newest retail technology?
Jan 20, 2024
By Jennifer Richards, freelance writer.
The retail landscape is rapidly evolving, and technology is the driving force behind this transformation. As an expert in retail technology, I've observed several groundbreaking trends set to redefine the shopping experience in 2024 and beyond. Here's a look at the most prominent ones:
IoT Payments: The Next Big Leap In Cashless Transactions
Jan 20, 2024
By James Morgan, freelance writer.
Are you tired of carrying cash and credit cards everywhere you go? It's time to embrace the next big leap in cashless transactions: IoT payments. With IoT (Internet of Things) technology, payment systems are becoming more convenient, efficient and secure than ever before.
Integrating Advanced Software Solutions in Retail for Enhanced Customer Experience
Jan 19, 2024
By Jeremy Landau, freelance writer.
Retail's dynamic environment is seeing a real shift, driven by the integration of advanced software solutions. This goes beyond a mere technological upgrade – it's about completely transforming the customer experience.
Manhattan Active Point of Sale unveils the next generation of store associate experience
Jan 17, 2024
Manhattan Associates Inc. has announced significant enhancements to its Manhattan Active Point of Sale (POS) application designed to meet the dynamic needs of modern store associates.
Revolutionising retail transactions with SoftPoS
Dec 19, 2023
By Brad Hyett, CEO at phos.
SoftPoS, also known as Software Point of Sale, is a software-based solution enabling merchants to convert their NFC-enabled smartphones or tablets into functional payment terminals.
EPOS or Electronic Point of Sale
By linking the EPOS system to the business' website, customers are provided with real-time information regarding stock, through the use of automatic stock control. Links to other terminals within the shop results in greater control over the business as a whole. Extended retail EPoS software facilities include instant messaging direct to point of sale, time and attendance management, a central document sharing facility, and cash/safe management. .Cloud based EPOS means retailers access it via the internet giving retailers real time access.
Electronic Point of Sale (EPOS) is a system that combines hardware and software to process customer transactions in a retail outlet. EPOS systems typically consist of a touchscreen computer, receipt printer, barcode scanner, cash drawer, and software.
EPOS systems can be used to track sales, manage inventory, and generate reports. They can also be used to accept payments from customers using a variety of methods, such as credit cards, debit cards, and cash.
EPOS systems offer a number of advantages over traditional cash registers, including:
- Increased accuracy: EPOS systems are less prone to errors than cash registers, as they automatically calculate the total amount due and generate receipts.
- Improved efficiency: EPOS systems can help businesses process transactions more quickly and efficiently.
- Increased data insights: EPOS systems can generate reports that provide businesses with insights into their sales, inventory, and customer behavior.
EPOS systems are a valuable tool for businesses of all sizes. They can help businesses improve their efficiency, accuracy, and data insights.
Here are some examples of electronic point-of-sale systems:
- Square
- Shopify POS
- Lightspeed Retail
- Revel Systems
- Toast
These systems offer a variety of features and pricing plans to fit the needs of different businesses.
If you are considering implementing an EPOS system in your business, there are a few things you should keep in mind:
- The size and complexity of your business will determine the features you need in an EPOS system.
- You need to choose a system that is easy to use and that integrates with your existing business systems.
- You need to consider the cost of the system, as well as the ongoing costs of maintenance and support.
