12 Oct 2012

Online POS Systems Can Increase Profitability for Retail Business

The ability for retail store owners to increase sales is crucial in any economic climate. Retail Express offers a  solution that allows for better stock control and inventory management that can be integrated into online shopping cart software.

The importance of an effective Point of Sale system for any retail business can’t be ignored. However, when an online shopping cart system can be integrated into a POS system it offers the ability to increase sales via a virtual online store as well.

The way many Australians shop is changing, as is apparent by the massive increase in online shopping statistics. This means any retail store owner has the opportunity to make stock available via a specifically designed ecommerce website.

The biggest problem with this approach for many retail store owners to date is finding ways to consolidate inventory from brick-and-mortar stores with what’s available from the online website store.

Yet, choosing the right POS systems automatically means integrating all stock control numbers with all possible outlets simultaneously. Online POS systems are designed to allow for access to information 24 hours a day, 7 days a week, from any computer in the world.  This allows managers to access stock numbers, sales figures and daily takings information right from the same control panel, regardless of which store or location they are at.

Additionally, offering customers the opportunity to purchase items directly from an ecommerce website means an increase in sales overall. Their purchases are handled by online shopping cart software designed to facilitate secure online payment processing automatically. When the sale has been completed, stock numbers are automatically adjusted so staff in actual stores can see what remains available and what has been sold.