Wednesday, November 23, 2016

How to Choose Right Mobile POS for your Business

Finding a right mobile point-of-sale (mPOS) solution for your business needs often require proper guidance. Since options are many, retailers often find themselves doing an exhaustive research to find a suitable mobile solution for their POS counters.

 
This decision-making process, however, can be less agonizing if they focus on a few explicit areas. These are some factors which should not be compromised when finalizing an exact mPOS solution for a particular business.

Security: Payment security is one of the most critical factors to analyze while introducing latest technology to your business. It can be said that this is the most important factor you should consider for getting a comprehensive mPOS solution. Care should be exercised that even if you have the most expensive, innovative and showy hand-held POS devices with payment processing system, it won’t serve you if it isn’t secure.

Demonetisation: Kirana stores and Tea shops may soon swipe cards

The demonetisation of high denomination currencies, which is intended to check black money, hawala transactions and fake currencies in India, is believed to be the step closer to make the country less dependent on cash, and increase card transactions in small retail business establishments like tea shops, saloons, kirana stores and even paan shops in the coming days, experts say.


Smaller currencies are in demand now as Rs 500 and Rs 1000 are no longer welcome for pubic transactions. Roadside shops such as tea stalls or snacks corners are finding difficult to part with liquid cash of lower denominations to customers and are hence losing business.

Embrace POS technology to enhance your textile business


The Indian textiles industry, which includes apparels and other finished and unfinished garments, are growing rapidly and is expected to value US$ 223 billion by 2021 from the present US$ 108 billion. The second largest employer after agriculture, having over 45 million direct workforce and 60 million people working indirectly, Textile Industry contributes about five per cent to the country’s Gross Domestic Product (GDP).

Technology and growing demand for improved shopping experience from young Indian shoppers are the trend setters for the industry to grow at phenomenal pace. Technology has indeed changed the way traders these days complete their transactions. 

Making Inroads into Healthcare Services through Barcodes


Barcodes are ubiquitous these days and the ever-expanding healthcare industry is no exception to this trend. In other words, the introduction of barcode technology has indeed helped the industry in India to improve its service quality and safety standards.

According to a senior official from Zebra Technologies, the leading makers of Point of sale receipt printers, barcode scannersbarcode printersmobile printers, etc to retail and non-retail industry, the usage of barcode has gone beyond its traditional retail applications and has now entered into newer markets.

How to Engage your Customers at Point of Sale


Satisfying customers and bringing them back to your stores is a daunting task.  Businesses work hard and spend every moment to understand customers’ pain-points for better customer management. Happy customers, however, are the ambassadors for brands.

Understanding that (unhappy) customers seldom let retailers know about their bad experience, businesses across the world have embraced modern technology to gauge their satisfaction levels using a few techniques like installing ‘feedback monitors’ at Point of Sale (POS) counters or engaging them through various social media tools.

Improve your E-commerce Business with Scalable Logistics Service


A good logistic support and supply-chain management is the backbone of any business involving manufacturing or supplying of goods. According to a market research, India is currently spending a whopping 14.4 per cent of its GDP on transportation and logistics related services compared to eight per cent by other developing nations. 

With GST round the corner and expected to be implemented from 2017, the logistics market in India is likely to grow at a CAGR of 12.17 per cent by 2020, largely driven by the growth from e-commerce sector followed by retail and manufacturing sectors.  The boom in e-commerce sector has far reaching implications on the growth of logistics sector, as dependable logistics infrastructure is crucial for success and sustainability of these firms.