What Type of POS System Suitable For Your Business ?
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What is a POS system?
According to Investopedia, a POS system lets a customer make a purchase and pay applicable sales tax. A POS is often thought of as an internal store terminal. However, virtual POS systems are often used for online shopping.
If you’re planning to set up a retail store, point-of-sale ( POS ) system is crucial for you to complete your sales transaction, track inventory and also manages different aspects of your business. Why POS system is crucial for your business ? Click this link to find out more :
5 Top Reason Why POS System is Crucial For Your Business
But there’s so many different type of POS system choices available in the market, so to help you narrow your search, we summarize a few types of POS systems to consider for your store.
Mobile point-of-sale systems
A flexible mobile point-of-sale systems it’s easy to set up and can link directly to your true inventory and updates data in real time, can be used on smartphones or tablets. This is a suitable POS option if you do not manage a lot of inventory and you need to be mobile. Most will work with a portable receipt printer, or you can email receipts to your customers directly from the app.
- Suitable for : Street or farmers market vendors, fair or event vendors, freelance or contract workers, contracted professional services, music merchandise vendors, mobile services, day care providers, limo services, lawn care services
Online point of sale – eCommerce
Today’s online shoppers expect to get the same level of service and experience to what they get in-store. The more consistent, seamless and valuable you can make the ecommerce store & checkout process, the better chance you have of converting interest into sales. Another advantage is that the startup costs are minimal. Choosing an ecommerce platform that integrates mobile responsive design, reporting, logistics and inventory will ensure your online store is easy to operate and manage.
- Suitable for : E-commerce store , small retailers, art galleries, consignment stores, salons, pet groomers, small cafes, big-ticket retailers.
Cloud-Based POS System
Cloud-based POS systems are basically mobile apps your business can use on any device. This is beneficial to many types of businesses, including restaurants wanting to offer table-side checkout or retailers wanting to offer mobile checkout locations throughout the store. Many support compatible hardware such as barcode readers, cash drawers and tablet stands. Some are rather simple applications; others can manage complex inventory situations and track employee time.
If you’re using non-traditional hardware, such as tablets or smartphones, to accept payment, you’ll want to get a cloud-based POS system.
- Suitable for : F&B , mobile vendors, quick-service restaurants, coffee shops, gift shops, small retail stores, professional services, pizzerias, juice bars, sandwich shops, ice cream parlors, art galleries, small theaters, salons.
Terminal POS systems
Terminal point-of-sale systems are the type you are used to seeing at the counter. While they are hardware- and software-based, most still require access to the internet and might even use cloud-based software. They are often sold as all-in-one solutions that include barcode scanners, cash drawers and such. Many of these services provide 24/7/365 support and cloud backup.
These systems make it easy to restrict employee internet access, since they can be configured to only run the POS software. For restaurant solutions, they can integrate with tableside Wi-Fi portable devices, kitchen printers, patron tablet ordering and online ordering. Retail versions can include extensive inventory tools, label printing and e-commerce integration. Some are “free” in exchange for paying for credit card processing.
- Suggested applications: Full-service restaurants, busy retailers, grocery stores, boutiques, antique stores, book or magazine stores, salons, spas, electronic stores.
Self-service kiosk POS
Most kiosk POS systems are specialized solutions for a specific purpose. For example, you may offer a self-service kiosk for patrons to purchase movie tickets, or you may have one to manage parking space time and payments. Another helpful option is setting up a few kiosks in your large retail store to let your customers look up pricing and product availability. Other non-POS uses include patient check-ins and human resources (such as accepting employment applications). In some industries, mobile apps might replace some popular uses, such as check-ins and product lookup or even ticket sales.
- Suggested applications: Ticket sales, transportation passes, patient check-ins, grocers, product lookup, HR, parking
POS System is getting more and more common and become more affordable for small or micro businesses. Small companies does not have to allocate a big amount of their business startup funds into expensive POS System anymore. Having a POS systems helps to ease your burden as a business owner and serves your clients better as well.
So what is Genius POS System type ? We are All-in-one POS System
All-In-One POS System
Some POS systems give you robust functionality in one application. Not only can you accept payment from customers but you can also get detailed reporting about your business.
These types of POS systems often run quickly, saving you time both when checking out a customer and when collating your data. Because these systems are so robust, they’re often tailor-made to your specific industry. For example, a restaurant all-in-one POS system will look and react differently than that of a clothing store all-in-one POS system.
Genius POS System having features that can help F&B businesses to manage their customers’ order dine in, takeaways and delivery order.
With our
- Cashier tablet POS Terminal
- Waitress ordering system
- User friendly layout
- Online QR Ordering ( Latest feature )
- Cloud reporting management
- Kitchen display system
It definitely can help restauranteur to simplify their restaurant operations.
And now we are offering FREE Trial to prospect that wished to engage with us. Kindly hit this link below and fill up your details. We will reach out to you soon !
Genius Pos Free Trial Application
See you on the next blog and stay safe !