People can define a Point of Sale as the point of purchase, where the sales taxes become payable, or in simpler terms, where a customer executes payments for any service or good. This can take place in an offline store, where systems and POS terminals are used widely to process payments through different cards.
When you have customers at your store, who are purchasing an item from your booth or stand, they’re typically at the Point of Sale. And the Point of Sale system is the software or hardware that enables your business in making the sale.
Let’s understand the topic and discuss more on unique Point of Sale systems and how they can be best used for your business.
How Does It Work for A Small Business?
A Point of Sales system for your business is a cash register that will help you accept payments from your customers and keeps a ledger of sales. This system can work for different modes of payments like online, in a physical store, etc. In today’s digital world, it is imperative to have a POS system as customers are more likely to go with cashless payment methods. All that is needed is an electronic device, like a mobile phone or tablet with a stable internet connection.
Also Read – Best Credit card machines for small business
Let’s now look at some of the best Point of Sales systems:
Square
This is one of the best and popular Point of Sale systems that enable you to sell the products in person, through phone, online, or in the field. This is available for free and there’s no training required.
- You can sync up any online store with no coding
- You can sell through social media platforms with a single tap.
- You can also manage shipping, pickup, and local delivery.
- Enables you to manage your entire business from a single place.
- Allows you to add customized tools for various purposes like accepting payments with invoices; A team management tool to schedule, manage and pay the team members.
- It has provisions to send customized ads through mail and text messages.
- You can also offer gift cards to your potential customers.
Shopify
This is the most versatile Point of Sale system to unify online and in-store sales. Over 1 million businesses use this software and see over 30% revenue growth every year by using Shopify to enhance their online and in-store sales. This is a powerful platform with all the tools needed to manage the business, market your products, and sell them at different places. This also has a unified reporting process that shows you the analytics of both online and offline sales. Its other features include:
- Mobile POS and other hardware accessories.
- Product and order management
- Customized profiles
- Insights and smart suggestions based on the history of customer purchases.
Conclusion
With the right tools, you can improve the efficiency of your business using the right tools to support your business. With having a Point of Sales system, you will pitch in more customers by exposing them to a variety of payment options.
Hi,
I am Moli Mishra, A SEO expert doing work from past 3 years.
Speak Your Mind