How Does A POS System Work, Anyway?

POS System

A point of sale system is where all aspects of your business come together: inventory, customer relationship management, and of course, overseeing transactions.

The POS System has evolved a great deal over the years. They were once simple cash registers that required employees to enter the price of every product manually—now, they can generate reports, keep track of inventory in real-time, apply customer-specific promotions, and so much more. You’ve undoubtedly heard of the various things they can do, but you still wonder: how do they actually work?

How Does A POS System Work, Anyway?

We don’t need to get into the minute details of the technology, because honestly, POS systems are diverse and flexible. People use them in a myriad of ways that make sense for their unique businesses. There are a few basics, though, here’s an overview of what POS systems are made of and what they do:

POS System: The Hardware Elements

Most POS systems include a few key components: a monitor, a credit card reader, and a cash drawer. The monitor displays your store’s database so that employees can interact with it. Some systems only need a tablet to function because they are cloud-based.

The credit card scanner is self-explanatory, and you should always have a cash drawer for customers who prefer this method of payment (it’s crucial not to shut them out by going card or electronic-only—some people have no choice).

Now, depending on your business, you can opt for a few other pieces of equipment, like a barcode scanner or receipt printer. Many systems enable email or text message receipts, so many choose not to use the latter.

Barcode scanners are useful for businesses that need to scan products quickly so that the system can total the cost and send customers on their way. Establishments that make their products on the spot, however—like beverages—will probably require manual entry, though POS software can create shortcuts.

POS System: The Software Components

Software is where POS systems differ significantly. Some can rely on on-site servers while others are cloud-based. If you opt for the former, then you install the software locally, but this may require professional assistance and regular maintenance. You’ll also need to purchase a software license (or multiple). However, it does not require internet access to work, so it has security benefits and works in the event of an internet outage.

With cloud-based platforms, your provider uses their servers to store data, and you can access it via the internet. Vend’s POS system, for instance, is cloud-based. You’ll most likely pay a monthly fee for this option, which can add up over time, but it updates automatically and requires no maintenance on your part.

POS systems include frontend and backend components. The frontend is what you and your staff members will use as an interface on the tablet or monitor screen. You can access the backend separately, which handles analytics and other behind-the-scenes functions your customers don’t interact with directly.

Together, the frontend and backend create a comprehensive system that provides you with an assortment of tools for managing your business instead of merely sticking to handling transactions.

What Can Different POS Applications Do?

POS systems are wide-ranging. Some are even industry-specific and include features that no one else would find useful, such as table layouts for restaurants that make it easier to track which orders go where. There are a few standard features every sound POS system has, though, such as:

Reporting: Creating sales reports is a tedious yet necessary task. You most likely review your business’s sales history on a monthly or quarterly basis and adjust your strategy according to what the numbers reveal.

Electronic POS systems can generate these reports for you. If you want insight into your business’s performance over the past month, week, or even day, most platforms can compile data that it collects in real-time and present it to you in a digestible format. This way, you are never clueless about how well business is going, and you can act quickly if things go wrong.

Customer relationship management: Instead of offering general promotions and hoping a few customers take advantage of them, POS software can create customized promotions on an individual level. Is there a customer that buys similar things fairly often, but they interact with a different employee every time? That’s fine—your system can remember who they are and apply relevant discounts.

Inventory management: Instead of using an Excel spreadsheet to keep track of how much of every product you have, a POS system can keep track of this data for you. It updates itself in real-time, too, so it subtracts a product from the database whenever a customer purchases it. You and your employees won’t have to keep customers waiting to check the backroom if everything is searchable on a screen!

POS systems are capable of the basic functions that cash registers are, but they are capable of much more and work efficiently. Will you implement POS technology in your business?

*This post contains collaborative content.

Funny Pokemon Go Memes & Social Media Posts #PokemonGo

Funny Pokemon Go Memes & Social Media Posts #PokemonGo

Well, in case you missed it, Pokemon Go came out recently and people are loving it. Also, some people are acting like fools. I have seen some really stupid Pokemon Go stories all over the internet, so I thought I would share some with you.
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Singing In The Shower: STORMp3 Shower MP3 Player #sponsored

May is for mamas giveaway hop #maymamasEat Play Rock

Welcome to the May Is For Mamas Giveaway Hop hosted by Cheap Is The New Classy. A ton of bloggers have come together to offer you the chance to win some great prized to give to mama, or to keep for yourself. 😉 Eat Play Rock has a very cool prize for you today. ToiletTree is offering one lucky reader a STORMp3 Water Resistant mp3 player – great for the shower!
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Cord Cutting Sports Fans: What You Need To Know Before Cutting The Cord

If you are a sports fan like I am, the last thing you want to hear is that you can’t watch your favorite team in action. Well, that’s the dilemma that I face weekly during football season when I cannot watch my beloved Carolina Panthers play. Why? Several months back we cut the cord and dropped our television provider to save money. I will be honest, the monthly bill for dish or cable (we have had both) was just ridiculously expensive and I did not feel the need to pay that anymore and my family and I are not alone in this thought. Cord cutting is becoming increasingly popular as more and more internet based streaming services such as Netflix, Hulu Plus and Amazon Instant Video continue to grow.

So, What About Watching The Games With An Antenna?

However, for cord cutting sports fans, this creates a problem. Without a television provider, how do we watch our games? Sure, you could get a rooftop antenna and pick up your local stations, that might work. But, in my case, I live in an area where my local Fox affiliate is unattainable, even with a rooftop antenna. The tower is just too far away. True NFL fans know that Fox holds the rights to broadcast all Sunday games that involve NFC teams playing against one another and NFC teams playing at an AFC team’s home. Well guess what? The Carolina Panthers are an NFC team, which means that 90-95% of their games will be broadcast on Fox.

Cord Cutting Sports Fans Can Stream All The Games Online, Right?

Now, you ask, what about streaming the games online? Here’s the real kicker. CBS, which carries the AFC teams and AFC teams playing at an NFC team’s home, has decided to stream their games online, including all the playoff games that they carry. NBC, which carries the Sunday Night Football games during the regular season and two of the playoff games, also streams their games. Fox, on the other hand, has decided to be stingy and not stream their games, unless you have a subscription from a very limited list of cable providers, none of which are offered in our area. How uncool is that? C’mon, Fox! Get with it! Just add some advertising, stream the games, and make some extra cash off of us cord cutting sports fans like the rest of the networks!

What About Game Rewind?

The NFL Network does offer a streaming service called Game Rewind, which streams the game thirty minutes after its over, but that is after the game is OVER and someone has already called me and told me what happened. That would be like watching a movie after already knowing the ending. It just ruins everything.

Live Sports and the Plight of the Cord Cutting Sports Fan

Tell Me “It’s Just A Game,” One More Time…

I know that a lot of you will say “It’s just a game” or “You can watch all the other games, can’t you be happy with that?” None of the other games involve my favorite team, therefore I don’t give a hoot about them, and the next person that tells me it is just a game just might get to eat my fist. Tasty. I have been a football fan ever since I was able to crawl, and giving it up would be like giving up your favorite food or drink. I would be miserable. I know I helped make the decision to cut the cord, but I am going through football withdrawal right about now, and I would like some suggestions as to how to watch the games, legally, and at the time of their broadcast, without paying for television service. Can anyone help a cord cutting sports fan out?

Any Suggestions On How To Legally Stream Live Football For The Cord Cutting Sports Fans Out There?

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Geekbox~

CompuGeeks' Aaron Tippin Geekbox Mini Jukebox | Eat Play Rock

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Headphones~

headphones

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Apps For Beginners ~

Best apps for those new to smart phones
 

When it comes to things technical – where phones are concerned at least – I am a relative novice. Instagram what? Check in who? Yeah, that’s me. So, I bet you can imagine why that might not be the best thing for someone who works in publicity for a living, right? I can work my way around a computer – at least I have the basics down pretty well anyway, but I was always that person that was pleased if a phone would save all my numbers, had a decent camera and had a QWERTY board. So, when I decided to up my game a little, I had no idea what I wanted, or what I should want in a phone.

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