Wednesday, December 21, 2011

Specialty Retail Point of Sale!

Cloud computing point-of-sale systems help specialty retailers in many ways. As outlined in previous posts, not only does it increase your sales and decrease expenses, but it also lets you track inventory in real time, ensuring that there are sufficient stocks. Through the various reporting options on the Admin Site, you will be able to quickly determine trends in which products sell the most at which locations, thereby assisting you in adjusting for market trends. Learn more at www.LivePOS.com or simply call at our toll free US number, 866-343-7185.

Tuesday, December 20, 2011

Cloud Computing Point of Sale!

With Cloud-computing POS systems, specialty retailers do not have to deal with data hosting, software upgrades, backups and other IT tasks. All the data is secured in a back office location by the POS provider, making the specialty retailers-headache free and enabling them to focus their energy on other areas of their business! More great features at www.LivePOS.com

Monday, December 19, 2011

Real Time Point of Sale System

Real Time point-of-sale system lets you provide a more consistent and accurate pricing structure over your products especially if you have multiple locations. It lets your employees set a minimum limit price points which enables upselling among the many benefits.

Thursday, December 15, 2011

Cloud Computing Point of Sale!

Cloud-Computing POS records every transaction thus making inventory and sales a lot easier to manage. It provides you with a strict monitoring of your sales, inventory, purchase orders and more. Additionally, you can pull up transactions made with the POS every time you’ll need it. Real time point-of-sale makes managing your business a lot easier.

Wednesday, December 14, 2011

Cash Register!

Cash registers are now increasingly being replaced by new Point of Sale solutions primarily because of the many functions the latter provide store owners. With sophisticated retail management systems that make operations easier to manage and control, store owners are now getting more and more aware of the POS’s benefits. Visit us at www.LivePOS.com

Thursday, December 8, 2011

The importance of upselling on the bottom line

Upselling is the process by which the salesperson convinces the customer to purchase additional items or services besides the product or that was originally intended to be purchased. Upselling can be found at any profession, from the local car wash, to lawyers and doctors. Even politicians use upselling (“don’t just vote for me, also vote for the party”). The importance of upselling cannot be overstated. It can mean the difference between a successful and a failing business.


So how do you increase upselling? At LivePOS we have developed a number of features to assist retailers in upselling using their POS. One of the best ways is through placing variable pricing on products. Then, one can create a buffer when the product goes above a minimum price, which can be used at bundling other items below their minimum price. For example, say you are selling toys. Toy A costs you, the retailer, $8 and has a minimum retail price of $10 while toy B costs you $10 and has a minimum retail price of $15. Say a customer walks in and wants to purchase toy A, which is the most sought after toy during the holidays. The sticker price on toy A is $20. After some haggling, you agree to sell toy A for $17, and as an added bonus give the customer a deal on toy B for $13. How can you do so? Toy A sells for $17 which is $7 over the minimum price. Hence you created a $7 buffer. This allows you to sell toy B at below the minimum price, using $2 of the buffer you created. This way your total profits are $7 on item A and $3 on item B for a total of $10; consequently, you increased profits by 43% through upselling.

Wednesday, December 7, 2011

Cloud Computing Point of Sale!

Recently there has been a lot of buzz regarding cloud computing. Companies such as Amazon.com, Google, Microsoft and Apple, with its iCloud solution, have been touting the benefits of cloud computing. Websites such as YouTube and Facebook have been built around cloud computing. At LivePOS, we have been long advocates of cloud computing. In fact ten years ago, we were one of the first companies to operate in the cloud.

In the future, we can expect cloud computing to become more pivotal in our daily life. As the wireless internet infrastructure continues to improve and more people use smartphones and iPads instead of PCs, the need for cloud computing will continue to grow. Cloud computing will improve our daily life by making a seamless transition from one device to another and ensuring all of our data is secure. LivePOS will continue to strive to be a the forefront of the Cloud Computing wave.

Tuesday, December 6, 2011

New LivePOS feature releases!

Enjoy our newest 'feature release' now! With LivePOS unlimited updates are free! Visit www.LivePOS.com

Thursday, December 1, 2011

Point of Sale

A Point-of-sale system is the solution that store owners use to process sales transactions faster and easier. With the continuous evolution of the modern POS system, it has become an effective tool that can be used especially when running a specialty retail business. A Modern POS system can track previous transactions, do quick inventory updates, accept different modes of payment, and serve as a marketing tool to boost sales.