Monday, January 2, 2017

Retailers - Can a new concept Point of Sales help you to grow your business further?

Retailers - Can a new concept Point of Sales help you to grow your business further?
I have been thinking about this for some time now. I also have talked to many retailers - their issues, their problems, their inspirations.
The problems:
1. I need to know what products are sold today? this week? this month?
2. How much is my sales today?
3. I cannot drive to the shop/kiosk every day to get data.
4. I need to spend a lot of time with my excel sheet to analyze the data.
5. I spend a lot of my time to get the data and analyze the data.
6. I am feeling very stressed. Slow data coming in. Analyse. making decision.

The solution:
This is what I think we should have:
1. Sellers and the shop or kiosk use a mobile /table when they sell products.
2. Data is immediately updated in the database in the cloud.
3. If internet is down, the transaction is still going on. data is kept in locl database in the mobile or android tablet.
4. You can see your sales data from anywhere. No need to come to the shop or kiosk.
5. You can analyze the sales, profitability, trend from remote.
6. You can see which salesman/girl is working or which ones are below target.
7. You can see which products are fast moving, which one are stagnant.
8. How much cash sales today?   
9. Import to accounting system. get your profit and loss, balance sheet, cash flow.
10. Send the receipt via email. This will automatically create CRM database. You can implement many customer relationship strategy after this.



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