Tuesday, September 24, 2019

How To Improve Your Business With Epos Marketing – Part 1


Picture this you're headed towards the checkout at the local grocery or convenience store with your cart in tow. You are determined to walk with the items you have already when something alluring catches your eye.

It's a brightly colored sign touting a new soft drink, candy, or gum. Giving in to drive you decide to toss that additional purchase on the conveyor belt. Why not?

This is a common experience is a result of epos marketing promotion. It is a sales promotion on, near, or beside the checkout area. Display stands, mobiles, posters, signs, and cardboard cutouts, can all be classified as epos market.

At Cardboard Cutout Standees we work with many niche markets on their epos marketing techniques. It includes small grocery stores and convenience stores, to gas stations and breweries. We have seen firsthand how the right POS display can increase sales.

What is EPOS Marketing?
POS marketing often works with those customers who make an additional purchase near the cash register. They are frequently used with items that a customer might not plan to buy while entering the store.

Most commonly these signs, displays, and banners encourage customers to add on something to their order. POS marketing can be used for many products.

POS marketing frequently works best with customers who are in a rush or apt to make impulsive purchases. They are also effective in sparkling peoples' interest for new items they haven't attempted yet. 

1) Endcaps and Unique Display Methods

One of the most common ways that supermarkets and similar retailers use EPOS marketing is with endcaps and display stands.


By using either cardboards or uniquely structured presentations from the manufacturer, grocery stores highlight new products being released from various food brands close by their original products. End caps and display stands can be extraordinary for encouraging customers to buy complementary items based on a common theme, as in this supermarket that assembled all of its products together.
Display stands are also awesome tools for suggestive selling. Another option could be to place an exceptional item to display your products.

POS end caps and unique display remains in supermarkets help customers make expedient choices about additional food products to purchase when nearing the cash register.

2) Display Screen Add-ons
If you pay close attention you may see an ingenious method used to encourage sales on the payment screen. Customers make a quick, impulsive choice when they already have their credit cards out. This option can also be integrated into a bigger process with loyalty cards.

This works incredible at any POS that expects customers to click through at least a few screens. You could use this strategy to entice people to make a donation to a charity or add on extra a small purchase to their order as well.

3) Loyalty Cards
Retail businesses can also get in on the activity of POS marketing through loyalty cards. A quick look in your wallet or key-chain will probably showcase a variety of loyalty cards obtained through different shops that you patronize. Odds are they impact you to keep visiting that specific location for your buys.

As evidenced by case studies of organizations who have done this successfully, it can truly help to maintain sustained support by customers. Similar offering a free gift or trial sample at the register for signing up for a loyalty card encourages signups.

Wednesday, September 11, 2019

Retail EPOS Terminals Market Size to Exceed $25bn by 2023


The (Retail Electronic Point of Sale) Retail epos market is at present valued around £11.7 million however come 2023 it will undoubtedly reach at an unexpected £25 billion. Yes, believe it or not the business will double in less than 10 years. This is great news for someone who is already in this market, or for someone looking to bounce into the action. But, what exactly is a Retail EPOS?





Defining Retail POS
For most of us, we have upgraded from the standard "swipe" credit and debit cards, and have transformed them out for the more advanced and better verified "chip" cards. This has helped with protecting consumers from fraud and misuse of their cards from robbery. Basically, what Retail EPOS terminals do is take that data and run through their software in a quick, simple and secure way. 

As indicated by a recent article in Global Market Insights:

"EPOS terminals are a combination of software and hardware, which allocate its customers to accept card payments directly without updating the cash registers. The EPOS terminal varies with the size of the business unit and selling terms with the channel providers and partners. 

It is an electronic device that performs various functions in the retail part. For example, ensuring the fund status in a customer bank account, examining the data of a customer's debit or credit card, relocation of funds from customer account to the retailer account and register the transaction. Moreover, it also prints the receipt of the transaction done"



What Does This Mean For Business?
With this surge in retail EPOS systems, it's important to jump in on the action and put resources into a high quality, working software for your business. With many consumer’s using the latest and best in class cards and technology to pay for your products. 

It's important to have updated machines that can accept their payments. Make sure to keep up with your customers and use a great software and Retail epos system, for example, EPOS software. When looking for an EPOS system, you need to discover something that integrates with the most of the common methods for payments. PIN and Chip allow you to track your sales and transfer to your PC in an easy way to follow.

Never lose any sales by not having an updated system for your customers to pay with. Now it is the time to invest before 2023 to stay competitive. Regardless of what your industry is. Grocery stores, bar, hotel, or small retail business jump on the trend before it's too late.