The Best Retail POS Features for Growing Businesses
We've seen it time and time again.
A retail organization invests in a new POS system.
Months later, the organization is back at the bargaining table, searching for a new system. Why? In most cases, retail POS vendors overcharge and underdeliver. These vendors simply don't offer the features needed to help businesses grow.
So instead of investing in a new POS system every few months, invest in a solution that will work with your business now and well into the future. With so many retail POS systems to choose from, finding the very best solution for your business is easier said than done, right? In your search for a new POS system, you need to know which retail POS features to prioritize. With a greater understanding of the very best features, you'll have a much easier time selecting a POS for your growing business.
The 5 Best Retail POS Features for Growing Businesses
So what features should your business prioritize?
We might be a little biased when we say that POS Nation offers all the great retail POS features that your business needs. There's a reason why more small businesses choose to partner with POS Nation than other retail POS vendors.
But don't take our word for it.
I enjoyed the setup process. The instructor was great to work with, and very informative. The features within the system fit just about any scenario we run into. The ease of learning the system was also a relief – Sean G., Program Director
My overall experience with POS Nation is probably one of the best experiences I've had with another company. From day one, everyone has gone above and beyond to help in any way possible - Jennifer A., Store Owner
I purchased this POS machine and software in order to streamline our monthly sales and inventory. It has met those needs satisfactorily. I like that I can look up sales info for specific days and track inventory during both the busy season and the shoulder season - Karen W., Owner
Should you choose to partner with POS Nation or another retail POS vendor, here is a list of the top retail POS features that your business should prioritize.
1. Label and Barcode Printing
Customers demand a smooth and seamless sales experience. For this reason, retailers know how important barcode scanning to quickly make a sale. POS Nation makes it easy to create labels and tags with one click. Use the built-in label tool to decide quantity and size, and then start printing. The system also automatically adds new items to the print queue – it's that easy!
Related: 3 Steps to Find the Best POS System for Retail
2. Inventory Management
Depending on the size of your business, managing a large inventory of products can be a nightmare. POS Nation allows business owners to keep track of what's in stock, manage purchase orders, receive re-order points to replenish low or out-of-stock inventory, and streamline inventory counts with an easy-to-use handheld device.
3. Customized Hotkeys
Use hotkeys to look up produce or non-barcoded items. Additionally, hotkeys enable users to quickly navigate through items. As a result, user error is virtually eliminated. The use of hotkeys reduces checkout time by eliminating the need to manually sort through PLU numbers.
Related: How Coronavirus is Changing the Retail Industry
4. Employee Management
The very best retail POS software should come equipped with pain-free employee management. POS Nation makes it easy to gauge employee productivity, manage schedules, set employee pay rates, institute rigorous security levels, and make better staffing decisions. Moreover, POS Nation's robust employee management system eliminates a harsh reality – employee theft. In some cases, a high number of comped items or voided transactions might signal employee theft. In this scenario, you can review POS data to determine whether or not theft is really going on.
5. Customer Loyalty
The best customer experiences are built around customer loyalty. POS Nation allows users to track buying patterns and create promos to retain current customers or win new business. Built-in loyalty programs (including the ability to assign loyalty cards) will generate repeat business for your growing retail organization.
Related: 6 Must-Have Features of a Convenience Store POS System
POS Nation Powers Retail Businesses Nationwide
Businesses just like yours spend thousands of dollars annually on ineffective and outdated POS software and hardware. There's a better way.
POS Nation's turnkey solutions give businesses all the hardware, software, and payment processing needed to build and manage a successful business. Streamline business, improve efficiency and create happier customers – it's that easy.
Considered a purveyor of fine tobaccos, Tinder Box offers a premium assortment of cigars, tobaccos, and vapor products. With six locations in the Carolinas, Tinder Box uses POS Nation's point of sale solution to track inventory, make purchasing decisions, consolidate its multiple locations, and manage labor.
By scheduling a demo, you'll get a guided tour of our point of sale software demo environment. An expert product specialist will be on hand to live-answer any questions you may have and show you the features most used by business owners just like you. Are you ready to get started?