POS Lite - Is Good Enough For a Farmers Market, Good Enough For You?

Over the past year several different inexpensive and mobile systems have cropped up in the point of sale arena. The title “point of sale” has been given, which is technically an accurate statement but may conjure the wrong meaning in a retailer’s mind.

Point of Sale is defined as referring  to a “POS terminal or more generally to the hardware and software used for checkouts, the equivalent of an electronic cash register.” Technically Square, Paypal Here, Google Wallet are all point of sale solutions. The question is, does that mean that they could fit your retail technology needs? Could a system that appears to cost mere pocket change really be the tool of your dreams? Much like many other “too good to be true” options, cost does represent
quality. There is a definite market for POS Lite but a retailer must be careful to avoid the allure of the upfront price tag, especially with several of these systems stating they are a “full POS system”.

Can it handle your quantity? Per reviews it looks like these systems are best for low quantity (example: flea markets, fairs, concert sales booths and the like) transactions. The average weekly gross sales that fit for these products appear to fall around the $1,000-$4,000 a week mark. Be sure to avoid being boxed into an uncomfortably low ceiling.

Is this really going to cost less? With a set %2.75 on transactions (many charging for both credit and debit) you may end up paying more in processing fees than with a system set up with another processor; you will also be locked into that pay arrangement for the duration with no options to change to a lower rate. Research processor charges and how blanket charges on both credit and debit may affect your bottom line.
http://banking.about.com/od/checkingaccounts/a/debitvscredit.htm

Do you need/want inventory tracking and control? These systems are designed for low quantity; how many products can it properly and effectively track and monitor?

Scalability is key. Consider, you may not be able to transfer all of that data over to a future system should you have your eye on expansion. This could cause enough of a shift in your marketing
efforts and client retention that you experience long term negative side effects.

What does it integrate with/what are its features? Is it compatible with, for example, your accounting software? Also consider security systems, security cameras, open to buy, etc.

Will your information be secure? Additional concerns to fully investigate are PCI compliancy and overall security for both yourself and your customers. How secure is the system, what happens to your clients data and how often/easy is it to hack? Check reviews, and review what your responsibilities are when you are taking financial information. Many POS Lite systems don’t focus on security, this responsibility will fall on you to ensure your clients credit card data
is safely handled.
https://www.pcisecuritystandards.org/security_standards/getting_started.php

A safe rule of thumb is to spend  2% of your annual gross sales on POS. If 2% comes out to over a few thousand dollars you should consider a system that also handles inventory tracking/control, has increased reporting features and is scalable. This will save you in man hours, waste, loss, hackers, theft and costly errors. The right system could very easily make or break your store. Be sure to make the decision that will move you into the long-term.

Reviews
http://www.cardpaymentoptions.com/credit-card-processors/square-review http://www.cardpaymentoptions.com/credit-card-processors/google-checkout
http://www.cardpaymentoptions.com/credit-card-processors/paypal

 

*Lite is used loosely to represent a version of software that is an abbreviated version or has limited features. It could also be referred to as POS Diet but I thought that might be a stretch.

One Step Retail Solutions is a leading retail technology consultancy company and reseller of 5 leading retail technology management/ POS systems for small to medium sized retail chains
nationwide.
To Get a Free Retail Technology Review

*Please note, this article was updated 5/14/2012 to correct the processing pricing statement from $2.75 to %2.75. Apologies for the typo.

Hate Your Job? Yeah, I can tell.

I recently visited an affiliate of ours and I was struck by how solid their
customer service and care factor was. Their business is consistently very
busy and expanding. Every single member of their team understands and
is able to help a customer with any of their needs, they are seem
geniunely happy to be there. A day or so later, I called Expedia to book
some travel and again - helpful, friendly and he seemed happy to be there
and helping me!
I was struck by the "good customer service" fairy again this morning
when picking up a bagel at Starbucks - busy but very friendly and cheerful
(as usual).

Service with a smile.

This brought be back to a recent article I read on the importance of a
focus on employees, as compared to being strictly customer satisfaction
oriented. I am excited to see this concept expand.

“Your employees will treat your customers as they have been treated
by their leaders,” http://www.businessknowhow.com/marketing/hugging.htm

Meet Andrew, the Mind Behind Brandspank

We were excited to get a more in depth view into the mind of full-service
retail marketing guru, Andrew Sharpe.
Founder and Senior Brand Strategist for Brandspank located out of
Vancouver (Canada).
www.brandspank.net
Twitter: @BRANDSPANKshop 

Are there any retail trends that you find to be of particular interest?

Shopper marketing and in particular, user experience for in-store.

"Shopper marketing" further defined: Shopper marketing is brand
marketing in retail environment. Including category management,
displays, sales, packaging, promotion, research and marketing.

What is your favorite thing about working with retailers?

They are at a crossroad and (some) are very open to exploring and

embracing new ways of connecting with their customers. Unlike a CPG

(packaged good), a retail brand is not relegated to package design…it is

experiential in every sense of the world. So the strategy and execution

need to be able to cohabitate in every touch-point.

What would you say is the most helpful thing about your product

or services for a retailer?

Our approach for developing a branding platform and persona. This

enables us to provide our clients with a way to differentiate themselves

AND introduce relevant support elements into every part of their brand

experience.  

How long has your company been in business? 10 years

If you could offer any advice to retailers out there, what would you say?

When the marketplace changes, be prepared to evolve. And, listen to your

customers and potential customers before implementing what you think is

the solution.

What do you think would be your favorite part of being a retailer?

Establishing and maintaining relationships with my customers.

What do you think would be your least favorite part of being a retailer?

Hiring and training staff.

Associate member feature: Mary Gillogly of The Retail Life

Meet Mary Gillogly, North Carolina based Social Media Strategist and Community Manager for The Retail Life. We are happy to feature Retail Professional Associate member Mary from The Retail Life and to learn about her experience in and love for retail (she had me at a pup named "Gucci").

Mary’s favorite color:  Gray
Mary’s favorite meal: Toss up, Indian or Thai Curry
Mary's personal design style: Mary describes her style as eclectic. Pulling pieced from stores such as Free People, Anthropologie, TJ Maxx and a handful of local boutiques. She liked to mix classic with bold prints and patterns and can be found playing with bohemian looks from time to time.

What is your favorite thing about working with retailers?
I love being able to relate personally to retailers since I worked in retail for 10 plus years. It’s fun to connect and share stories with retail workers.  As we all know, retail is not the easiest career path one can take and you have to truly have a passion for it.  I enjoy finding those passionate individuals who love their jobs and helping them to continue to excel in their careers.

What would you say is the most helpful thing The Retail Life offers to retailers?  The most helpful thing about The Retail Life is the direct connection that we provide.  Not only can you find jobs but I am personally there through out the entire day to use as a resource if you need assistance with applying for jobs or have any specific career questions that you are unsure about.

How long has The Retail Life been in business?
The Retail Life is fairly new and has been launched within the last 6 months.

If you could offer any advice to retailers out there, what would you say?  When working with customers, especially those that are unhappy with you, you have to be tolerant and understanding.  Try your hardest to see their side of the story. Also be genuine!   No one wants a plastic or sales person who is just going through the motions.  Try and befriend your customers to make lasting relationships.

When you were a retailer, what was your favorite part of the day?
My favorite part of the day would definitely be the merchandising and artistic part.  I love the set up of the store and making a visual display that acts as a silent seller. Whenever you have down time when customers are not around this is a great way to pass the time and lead into future sales.

When you were a retailer, what was your least favorite part of the day?
Closing time is never fun, cleaning up from a busy day and getting things in order for the next day can be a daunting task.  However it’s a great feeling coming in the next morning and knowing everything is ready to go!

Do you have any hobbies?  I love dogs!  I help a local rescue by fostering one dog at a time.  I love getting to know the dogs personality and matching them up with the right family.  I’ve placed over 10 dogs now.  I also participate in a dog therapy program with my personal pooch Gucci and usually I can bring the foster pup along as long as their personality complies.


Gucci with Mary's current rescue pup, Taco

What is your favorite thing about retail? I love the real connection with customers and making friends through the process. Some of my best friends today are from when I am working in retail or promoting a retail establishment.  It’s fun because you can relate to each other because we like the same thing like great fashion!

What is your favorite thing about fashion? I love that your sense of style can be seen everyday and it doesn’t cost a lot of money to have a specific look. Once you have established the type of style you want to have you can achieve it in various ways and brands without having to spend an exorbitant amount of money.  I feel in many ways fashion is like art that you can wear on your body everyday. 

The Retail List is a online community for retailers and prospective employees.
www.theretaillife.com
mgolligly@headwaycorp.com

The Retail Life is a part of the One Step Retail Solutions Retail Professional Association. For more information please visit our website http://onestepretail.com/OSD/OSD_rpa_program.php or contact Amy Hanson at ahanson@onestepretail.com

The Secrets to Effective Window Displays

One Step Retail Solutions Associate member, Linda Cahan of Cahan&
Company was featured in this recent MSNBC segment on store window
design.

This segment is informative and we hope that our retailers will take a
few minutes to get some helpful tips and continued education on this topic.

http://www.youtube.com/watch?feature=player_embedded&v=MNc13I25XI8#!

Linda Cahan consults retailers regarding New Store Design, Visual
Merchandising, Branding and Renovations. An expert in the retail design
industry since 1971, Linda is well experienced in visual merchandising for
traditional department stores and specialty stores.

www.lindacahan.com

We are proud to have such fantastic resources made available

to our retailers through our associate program.
http://onestepretail.com/retail/recommended/listing/?c=cmV0YWlsLWRlc2lnbi0,

Retailers and Pinterest: Tips and Examples

Big box stores are starting to really capitalize on Pinterest.

I have always envisioned this as a tool for indie retailers.

I have taken as a personal mission of mine, to help

retailers maneuver the sometimes overwhelming waters.

I hope this information helps you.

-

1) Create a Pinterest board that enhances your customers

experience with your company.

Example: Lowes (hardware, home improvement) has

created not only a full Pinterest profile but a "Craft Ideas"

board which features dozens of fun DIY projects using

their products. You can find everything from necklaces,

home decor, games for kids and organizing projects.

http://pinterest.com/lowes/craft-ideas/

-

2) Adding Pinterest "pin" buttons to your items in your

online store.

Example: Sephora and Amazon recently put this concept

into place and Ebay announced their upcoming

implementation.

http://www.sephora.com/

-

3) Creating and maintaining a Pinterest board to

increase familiarity and interactions with your current

and future clients.

Example: Lowes is an excellent example, their boards

are not only in place but they are creating new and unique

ways to use Pinterest to increase their interaction and

usefulness to clients.

Retailers could (and do) include products pages,

which is currently somewhat frowned upon as

"self-promotion". A way to side step being "one

sided" is to create "looks" and inspiration for the

coming seasons pulling from more than just your

catalog of pieces. "How to wear" and "must have's

for the Spring" could position your board as

go-to inspiration for your demographic.

-

4) If you are a retailer that is brick and mortar without

a eCommerce site in place consider starting a blog

where you host your images and include some fun looks

and tips. Pins will then be attributed to your shop as the

source and you can increase traffic even if you are a

smaller one location shop.

This is a newer platform that has not been fully developed,

the sky is truly the limit so you should feel more than free

to be creative and original.

Example retail blog:

Crossroads Trading Co http://crossroadstrading.com/

-

Happy Pinning!

http://pinterest.com/onestepretail/

-

Amy Hanson

www.OneStepRetail.com

Shift4 Was Not Impacted by Global Payment Breach

Shift4 reports that they have not been affected by the
Global Payment breach.

A Shift4 representative notes that they surmise an
organization had access to some form of reporting
portal provided by Global Payments – perhaps one of
their ISO’s specializing in the car parking space
provided a path into a limited area of Globals
infrastructure.

It is also noted that unfortunately it takes some time for a
comprehensive report to hit the media leaving retailers to
speculate and at times causing undue alarm.

One Step Retail Solutions message to retailers is to:
a) Get educated and
b) Ensure that a layered approach is taken and that you
have all PCI compliancy points not only put into place but
updated and reviewed regularly.

http://onestepretail.com/Products/SecuritySuite/

"Massive" CC breach and How They Hack You

You may start getting questions about a very recent
"massive" CC security breach. Unfortunately, there are
currently little specifics as to who all will or has been
affected by this situation. We are and have been keeping
our finger on the pulse as the information comes in.

We have put together a short gathering of information
related to this that should shed some light on what
happened, what is being done about it and who has mostly
been affected.

Stay tuned for upcoming specifics and hopefully a list of
which processors have been affected. Please feel free to
reach out to your own processor as you see fit.

We will be sure to back any statement with factual data

and sources to avoid any continued or unncessary worry

or fear.
-

-

How to Tell if You Have Been Caught in the Fraud:

http://bit.ly/howtotellifyouarecaughtinthefraud

The part of the process that was breached was the step

between the merchant and the processor; the former

being a New York City taxi and parking garage company,

according to Gartner analyst Avivah Litan. Global

Payments apparently first identified the potential breach in

early March, and the problem had been undetected for

several months before that.
Therefore, the pool of victims is likely to be those who

used their debit or credit cards for transportation in the

New York metropolitan area earlier this year.
-

"Massive" credit card card breach:
http://cnnmon.ie/massivebreach

-

How Big is the Theft?

http://bit.ly/howbigisthetheft

"Most payment-card thefts, the Verizon study found, are

from small businesses, with only about 5 percent last year

from large organizations. More than three-quarters of the

breaches involved losses of fewer than 10,000 records. Just

seven breaches involved more than 1 million records each.”
-

Related article on "How They Hack You":

http://cnnmon.ie/howtheyhackyou

--

As retailers you should absolutely ensure your own end

is fully covered and secure.

In addition, stay in the know regarding imminent dangers

to yourselves and your clients.

http://onestepretail.com/Products/SecuritySuite/

Interview with an Associate Member - Rich from Plastic Resource

We are going to start periodically interviewing associate
members so that you can become more familiar with the

large retail service provider network we have established

over the past year.

Our first interview was conducted on Mr. Rich Junker of
Plastic Resource. Richard has worked in the gift card

printing industry for over 5 years, while Plastic Resources

has been in business for over 15 years and boasts over 100

years of combined experience in custom printing and design.

What is your favorite color:

Pantone 343 –hunter green

If you could offer any advice to retailers out there,

what would you say?

Make it easy on yourself, know your data from the

beginning, you’re the one that will ultimately have to run

the system or program.

What kind of cards and products are available

from Plastic Resources?

Loyalty cards, custom cards, business cards, gift cards,

phone cards, key tags, membership cards and card

carriers.

If you were a retailer, what do you think your

favorite part of your day would be?

Counting receipts from gift card sales.

What is your favorite meal?

Is there anything other than pizza?

Do you have any hobbies?

My kids, they’re doing everything I wish I could have

done more of.

Do you have a secret super powers or abilities?

I seem to have this incredible ability to repel fish away

from me wherever I am. The large ones anyway, I can

catch bait fish and salad (weeds) no problem.

What is your favorite climate?

Still investigating. I’ve not traveled to a tropical island

yet. I’m working on a way to disguise the sounds of the

beach to be able to work, “remotely”.

Name: Rich Junker
Position: Sales Representative
Company: Plastic Resource Inc.
What state are you in:

Minnesota (At this time there’s no comment about the Vikings).
Company link:
http://www.plasticresource.com/

For more information on our associate members, please

visit: http://onestepretail.com/retail/recommended/

Retail Marketing Tips

Hi guys! I just attended a very well received social media
webinar hosted by Mari Smith and Guy Kawasaki. Both
are not only experts in social media but have a serious
knack for creating and building relationships. I found
some of their tips to be particularly useful to retailers so
am pleased to be able to share them with you. The full
webinar can be watched here:
http://marismith.com/7smtrends/video.html

Point #1: Listening to your customers.
Going out of your way once can result in a repeat
customer for years to come. Imagine a customer of
yours posts on Twitter “I am in serious need of a (insert
a product of yours here)” and you catch that post. You
then message them or, even better, reach out to them
by phone – VOILA very happy customer and you can
bet they will mention that to at least a few friends.

Morton’s Steakhouse took this concept to a new level
and became one of the top 5 Tweets of the year. For
the Morton’s Steakhouse story -
http://ramonwow.visibli.com/share/lYoR45

Point #2: Not allowing pictures in your store.
Many retailers do not allow photos in store or of the
merchandise. While this makes sense if that person was
going to go off to replicate the item or purchase a similar
style at another store, in the age of social media, the odds
of one posting this image up onto their own sites
(Pinterest, Facebook and Twitter) is quite high.
Girls are forever trying on hats, sunglasses and bling and
posting these pictures for their friends to see, many will
even ask opinions on if to buy or not from their friends.

Allowing photography can open you up to free promotion.

Point #3: Spam vs promotion
Many are concerned about “spamming” their followers. One
point is that that individual did elect to hear about you, your
offers and what you are up to. If you keep your content
relevant, helpful and fun, you are actively promoting, NOT
spamming.

Point #4: Pinterest
Further confirmation that this is a force to be reckoned with.
Please see One Step’s earlier blog for tips on its use.
http://retail-services.blogspot.com/2012/03/how-to-get-sales-through-pinterest_1530.html

Point #5: What to do if you get a complaint or goof up.
There is a new coined word going around, “flawsome” which
is flawed and awesome smooshed into one word Lewis
Carroll style.
The concept behind this is to not aim for perfection but
staying “real”. How you handle goofs and negative reviews
means more to a customer than being flawless. Per a study
noted in the webinar, many actually prefer to know that there
are some flaws or they feel that the company or service is not
real. Aim for your best but don’t automatically delete all
negativity on your sites. The webinar goes into some tips for
handling negative reviews or comments on social media sites.

Point #6: Pictures are like eye candy.
Keep the pictures coming. You can even have fun with the
different apps (Instagram is increasingly popular for retailers)
or just grab an image from istockphoto to go with your posts.
Pictures will increase interaction and familiarity.

I hope that this helps you!
Amy Hanson
www.onestepretail.com

Me trying on wraps at a vintage store for my best friend

(just a few weeks ago) to wear over her wedding dress.

I needed to get pictures to send up to her in Portland but

due to a no photo rule I was cut short. I explained the

situation to the sales clerk but she was adamant,

LOST sale.

Plastic Card Printing in the USA vs. Outsourcing Abroad

Plastic Resource, a Minnesota company, recently

launched a new web site aimed towards worldwide

growth of plastic gift cards, loyalty cards and custom

plastic printing.

http://plasticresource.com/

Millions of Americans interact with plastic card

products on a daily basis. Your health club membership

card gets swiped, use plastic gift cards to pay for your

coffee, accumulate points at lunch with your loyalty cards,

and stand out from your competition with plastic business

cards. Most of us have come to assume these plastic card

products come from oversees. One Minnesota based

company plans to change the perception of plastic gift

cards, loyalty cards and custom plastic printing by

expanding their influence online with a redesigned and

multi-functional web site.

“It’s really our customer service, attention to detail and

reliability that separates us from our international

competition”, says Steve Chesley principal at Plastic

Resource. “It’s translating those competitive advantages

to the online marketplace that has been a challenge. In

this industry price is king. However, what price do

businesses place on getting things done right, reliable
relationships and time? The actual plastic gift cards or

loyalty cards are not the commodity. Plastic printing is

something easy for us; we’ve been doing it for years. It’s

understanding business owners and connecting with

them on a higher customer service level that

differentiates us from our international competition”,

says Chesley.

Plastic Resource recently launched their newly designed

web site to address the growing US and international

markets. The site focuses on their core offerings; Plastic Gift
Cards, Plastic Loyalty Cards and Custom Plastic Printing

(business cards, luggage tags, etc.). “Ease of use, instant

response and clear product offerings were our focus”, says

Chesley. “Considering the process involved with printing
on plastic, customers will still most likely pick up the phone

and call but, like with so many industries these days, the

amount of online research conducted before that call is ever

growing. Developing a comfort level and providing a price

point baseline before the customer calls is paramount to the
beginning of a positive relationship”.

About Plastic Resource Plastic Resource is a custom

plastic printing company based in Cottage Grove,

Minnesota. Plastic Resource serves the custom plastic

printing needs of businesses around the world and delivers

technical expertise in all aspects of UV printing including

graphic design, printing, laminating, die cutting, data
application and fulfillment.

Contact Steve Chesley at 651.702.9243 or

mailto:kdinsmore@plasticresource.com with inquires.

Media contact:

Brad McDowell
Plastic Resource
P: 651.702.9243
F: 651-702-9257
bmcdowell@plasticresource.com
http://www.plasticresource.com/

 

 

Plastic Resources is a member of the One Step Retail

Solutions, Retail Professional Association:

http://onestepretail.com/retail/recommended/ 

RSPA Connect Features One Step Retail Article

Our CEO and Founder, Scott Kreisberg's recent article on Retail Loss Prevention was recently included in the Retail Solutions Provider Association's monthly publication Connect.

We are proud to be affiliated with this upstanding retail association.

http://www.gorspa.org/i4a/pages/index.cfm?pageid=5075

For more information on One Step Retail Solutions visit our website: www.onestepretail.com

5 Customer Service No-Nos

Customer service is a function that every member of every group handles in one capacity or another. From reception to security and on over to your sales clerks, this is helpful information for all.

http://www.youtube.com/watch?v=y2OfswoyQmU&feature=colike

Budgeting Tips for Point of Sale

Many retailers shake their heads in wonder over what to budget for retail technology. Imagine going to a car dealership and thinking that car payments would be comparable to your mortgage or rent, you would be pleasantly surprised. Now imagine you thought that your car payments should be the equivalent of a pint of ice cream - not such a pleasant surprise.

Surprisingly, there is a lack of data on what to budget for point of sale. The concept of a budget is frequently glossed over in manuals, books and ebooks - sometimes limited to only a token mention "create a business plan".

Ideally, an experienced retail consultant can be brought in as you are starting up your shop to really help you cover all bases, greatly increasing your chances of success in the long haul. If this isn't possible, we recommend speaking with successful shops who can help you determine what retail technology you may need to guaranty success in the long run, what features help them, what they wish they had, etc.

A solid rule of thumb is as follows: 2% of your yearly gross sales for the initial purchase of software, hardware, installation and training for a point of sale system. Retailers should ALSO be sure to budget 1% of their yearly sales towards maintenance, upgrades and the like.

Note that this is the GROSS profit, defined as - "total income from sales, salary, etc., BEFORE any deductions". Deductions would include inventory, payroll, rent and taxes.

For a free point of sale consultation
 

For a list of our recommended retail consultants, listed by state. 

Teamwork Retail Website is Now Live! - The POS of Your Dreams

The One Step Team is very excited and proud to announce

the launch of our dedicated Teamwork Retail website.

Teamwork Retail is a Cloud-based Retail Management
System.

Teamwork is poised to become the top point of sale for
retailers across the US. Top of the line mobile POS, cloud

based, Software as a Service, iPad compatible, subscription

based, franchise management, customizable reporting and

much more, this product has it all.

This site is fully set up to answer your questions and give
you a firm feel for it’s capabilities and features.

http://teamworkretailusa.com/

How to put your POS to work - POS Features and Integration Study #1 – Marketing

We just recently surveyed the action sports industry and

found that 48% had either no system for customer

management or have not put their existing system to use.

A few years ago we surveyed our retail clients and asked

them what their plans were to market to their existing

customers for the holidays. We were shocked to find that

almost 40% had no plans to do special holiday marketing

to their existing customers and 64% had no customer

loyalty program of any kind. Almost 60% said they had

no idea how to market to their customers using their POS

system. This was something that we set about rectifying

quickly for our clients and we want to share our tips for

success with you.

Your investment in your existing POS system can only

show a return if you learn and utilize the things it can do

for you. So we ask, what tools do you ALREADY have in

place that can help you effectively market? One Step

Retail Solutions, VP Sales, Kevin McAdam has some

tips and information for retailers everywhere.

“Of all the retailers I have talked to over the last couple

of years, ignoring the marketing potential of your

customer base is among the most dangerous decision

you can make in your retail business. Capturing it and

leveraging it is among the best.’

“Many retailers I talk to do virtually zero marketing

because it’s so expensive and because they see so little

measurable return from it. That’s often because it’s

shotgun marketing.”

So how do you AVOID shotgun marketing, how do

you make your efforts pay off?

“Marketing today is getting more and more precise

and as an independent retailer you need to be riding

that cutting edge to stand out. Let’s take a look at

Facebook and how they market to their members.

They know your profile (likes, dislikes, where you go,

what your hobbies are) and so they put advertising

on your sidebar that they know will have the highest

probability of catching your attention.” You could say

that the key to effective marketing is knowing your

client base and their needs.

So how does one find out their needs? How does one

leverage that information in a small to medium size

retail shop without spending thousands of dollars in

research and marketing campaigns?

“First of all, hopefully you have a robust POS system

that can hold large amounts of information about your

customers, because this is literally your gold mine.

Studies have shown over and over again that it costs 5

times as much in marketing dollars to get a new

customer as it does to re-sell to an existing customer.

It’s easy to understand: someone who has already

bought from you knows where you are and what inventory

you carry and, given good customer service, would buy

from you again. You just need to stay in touch with them

and offer them things you know they will buy. (This is why

Customer Loyalty programs work and yours should

definitely marry up with your POS system.)”

Please note that this is as vital for small and medium size
retailers as is it for the big box stores. “Now you need to

collect the information. Usually it’s as easy as telling the

customer that you make special offers to your regular

customers and then offer to put them on that list. Get as

much information as you can, street address, email (assure

them you don’t let anyone else use their email address),

home phone, cell phone (ask if they would like to be text-

messaged if there’s a really hot sale on something you know

they might like) birthday, sizes, color preferences, family

members….anything that you think might help you

promote to them. It might not make sense to try to get all

this information at one time, but sales clerks should try to

help build their ‘profile’ within your POS system” As a side

note, you can also create a sign that has “Follow us on

Facebook and Twitter” and “Check in on Yelp”. Facebook

contact data has become as relevant as an email address or

mailing address.

Marketing ideas made available by having a solid directory

of clientele in your POS system:

- Hopefully your POS system will not only keep a record of

that customer but also the record will show everything they

ever bought from you. This should be an available

customization in your POS. This way, the next time you get

a new item from the designer they have purchased before,

you can easily pull up the list of all customers that buy that

designer and email them that there’s a new shipment in

the store.

- You might even want to have a wine and cheese party to

kick off a new line and invite all the customers that have

bought similar categories in the past, let them know they

can bring along a friend as long as they are added to the

guest list (with their contact data of course).

- For a men’s store, make sure you have their wife’s

contact information so that just before the customer’s

birthday you can email their wife alerting her to the fact

that you have all his sizes and favorite designers.

- For a jewelry store, make sure that you have the

husband’s contact information so that before major

holidays and birthdays you can alert him to an

exclusive sale or offer.

- Reward customer loyalty. You can rank your customers

using the information in your POS system. You should

know which customers bring you the most margin, who

are the ones that buy the most at regular prices, who are

the ones that only buy when things are on sale, and who

are the ones that you make the most money from. Offer

exclusive deals, first pick or even host a invitation only

preview of your new season.

Don’t let it just be an expensive cash register! Learn it

yourself or have one of your employees learn at least the

marketing functions of the software and then put them

to work to increase your profitability.

“I think one of the most important things you can do as a

retailer in today’s marketplace is stop the old shotgun

wasteful marketing and get on the sophistication band-

wagon to precisely market to precise customers that you

want back in your store and that you know will appreciate

and buy the wonderful merchandise you work so hard to

provide.”

If you would like more information on our POS solutions

or for a free POS consultation please contact Amy Hanson

at 818.543.4777 ext 4116 or email

ahanson@onestepretail.com
www.onestepretail.com

Tarantino Makes Downtown LA SPARKLE

Tarina Tarantino is poised to bring her colorful designs to a brand new flagship location and headquarters office on downtown Los Angeles' famous S Broadway. Broadway has a host of new tenants arriving over the next year, exciting for this old Hollywood mainstay.

This beautiful new building will house not only a "workshop" storefront where guests can watch their own one of a kind jewelry come to life but the upper floors will house their factory and headquarters. An intentional nod to the bygone storefront downstairs/management upstairs set up.

The second store will be utilized as a gallery space for artists. A fitting contribution by Tarantino to LA artists, given her self made success and status as an independent and true artist.

This wild haired designer and her Sparkle Factory will hit the Downtown Los Angeles scene in early Fall of 2012.

We look forward to Tarantino's continued success!
http://www.tarinatarantino.com

For information on mobile point of sale: www.teamworkretailusa.com

How To Get Sales Through Pinterest: For Retailers

Updated February, 2013 to include some recent updates.

With almost 15 million users and reports of retailers getting more sales through Pinterest than Facebook, Twitter and Google+ combined, Pinterest has become a relevant and important resource for retailers.

The question can be raised, HOW could a bunch of pictures result in sales at store level? And, HOW does one control what others will “pin”?

Here is some helpful data:

1.  Pinterest is a virtual pin board. Shoppers can pin images through their mobile app (snap a photo and then tag) and also pin an image you find online (Facebook images can not be pinned) or "repin" from another person's boards. “Look at these shoes I found from Kate Spade!” or “Idea for upcoming baby shower, vegan vanilla cupcakes from XYZ Bake Shop!” These are typically images of items that the Pinner likes and wants others to know about (free promotion).
2. In order to pin you will need to install a bookmarklet within your bookmarks bar. Directions are found on the Pinterest GOODIES PAGE
3. A “Pinner” can then categorize these images by “boards”. Popular boards include fashion (by season or style), wedding ideas, party planning, recipes and interior design.
4. You may wonder how this all could result in SALES? When one pins from a website the image then becomes an active link to the source of the image. Thus, promoting the actual product AND the origin site. Hopefully, the image of those cute pair of shoes was found on the website where those shoes can then be purchased. That is where the ROI kicks in.
5. The biggest demographics of “Pinners” are women and many are between the ages of 20-35. Many are noted to be stay-at-home moms. Products that are targeted to that demographic will get the most response.
6. There are several reports of independent shops, designers, Etsy stores and the like getting more
   traffic from Pinterest than Facebook, Twitter and Google+ combined.
7. You will find that the noted image source (website) is a blog more often than not. Ideally the blogger notes where the items featured can be found. Thus, it is important that you get the ball rolling by ensuring your products have ample (and appealing) images on your website . Also by posting onto your pinboard the images so that they are getting repined from your site as the source.
8. Pinterest was initially invitation only but more recently became available openly. 
9.  It is recommended (as with all social activities) that you not only promote your product and services but be both personal and interactive. You should not only be likinging and repinning but also posting some fun and inspirational boards. The largest chunk of your social activities should be more about building a relationship and driving in additional interest through connections.
10. Hashtags (#) apply in the same way that they do in Twitter and on Google+. Be sure to label your posts so that they can be easily found. (Example: #socialmedia #pinteresttip)
11. You may want to include a "pin it" button within your product listings or add it to your blog or website - FIND BUTTONS HERE
12. Pinterest now has a managing dashboard where you can schedule posts in advance. Known as Pingraphy you now have the ability to view statistics and schedule pins from an external dashboard.

Update as of Feb 2013

1. Many retailers and websites are now incorporating a "Pin it" button (or "widget") directly within their websites next to product images or an icon pops up when hovering over the image.
To guarantee pin-ability, include a "Pin it" button directly on your site so that a "pinner" can easily "pin" from anywhere.
This blog has a pink, glitter watermark that fits her branding perfectly.
Get widget codes: HERE
2. Tools to "pin-ify" your website or blog HERE
3. Be sure you make products available if they are becoming popular on Pinterest to avoid this issue.
4.  "Curalate, an amazing tool that (among tons of other features) uses image recognition technology to 'see' which images are being pinned, says that '48 percent of top retailers’ most popular products on Pinterest link back to expired pages.' Their CEO, Apu Gupta, raises a very important question: How much money are these brands leaving on the table?" - Social Media Examiner
5. Center a game or competition around Pinterest.

Click to expand

To learn more!
- Pinterest 101

- Webinar by WhizBang! Training on how to set up and use Pinterest for retailers

- 26 tips to fully utilize Pinterest

- Additional resources to help you manage your social media

This article was brought to you by One Step Retail Solutions a leading retail technology service provider and reseller.
Our Pinterest site includes pinboards with retail tips and important retail trends.

 

 

Point-of-Sale Solutions on an iPAD - Welcome to the Future

In the past few years we have seen hardware transform - touch screen phones, lighter than a book personal laptops, virtual changing rooms and cars that look like they belong in a Tom Cruise movie. It is certain that the future is here and it is everything that we imagined but way, way cooler.

POS software has continued to advance through the years and the various capabilities can help
guarantee the success of a store. We now have fat systems that do everything from inventory tracking to customer preferences and integrating with your vendors – a far cry from when you would just ring someone up.

Imagine the Point-of-Sale hardware of the future. You may have already seen handheld devices being used as mobile cashier stations; this is an advance for the retail industry for sure. This new concept not only boosts customer service and sales but will essentially drive customers IN, you are the future and your prospects and clients will want a bite of that.

When designing or redesigning a space you are looking for a complete package, you are upgrading the space AND the overall experience. Since every customer has to go through a checkout line… to get rung up… to get their paper receipt… you are looking at a part of the experience that may not be on par with the overall feel you are trying to create. We have had several clients include their POS upgrade as part of a new store launch or space upgrade with fantastic results.

Now imagine a whole system with futuristic, customizable and fully functional software AND hardware. Teamwork Retail is the future of POS: web-based Headquarters with Inventory Control, Purchasing and Receiving, Analytics, Management Reporting and Multi-Store Management all familiar and easily learned by staff in minutes, plus an in-store local PC or iPad POS that can double as an ad display when docked. … all from the Cloud for a low monthly subscription.

TeamWork Retail was created by the development team that has brought retailers the most innovative and effective Point of Sale systems in the world, having created solutions used in over 100,000 stores world-wide. Available only from One Step Retail Solutions. One Step Retail Solutions has been a leader in the POS solutions industry for the past 25 years, offering 5 unique POS solutions to guarantee the best fit for not only now but for your future expansion.

For more information on our two iPAD Retail Management Systems -
Teamwork Retail - www.teamworkretail.com
Lightspeed - http://mac-pos-software.com/ 

Global Shop 2012 Rewind - Judge a Shop by it's Cover?

We just returned from Global Shop, a leading store design and at-store marketing convention in Las Vegas. The sheer creativity and resources available to retailers really got my creative juices going.

Retail is a sensory industry, you are selling products that can either be touched, worn, viewed, used, held, smelt, eaten or in some cases… all of the above. Somewhere between the operation and budget, the overall FEEL and IMPRESSION being created IN store can get lost. This is especially true for small to medium sized retail shops that sometimes do not have the wherewithal to pull off something “spectacular”. Regardless, a look and feeling that
represents and welcomes is highly important. MANY retailers nail this but some have a hard time with this.

Pretend like you have never walked into your store before and with fresh eyes start out a few yards away and start observing the space.
Walk in, take in the feel, the smell, do you feel comfortable? Do you feel like the arrangement of the displays is welcoming (slanted towards you), can you comfortably see (not too bright, not too dark), do the basic colors of the room attract you or detract you? Ask some of your frequent shoppers what they like most about the shop experience and find out if they feel physically welcome.

If you think of your shop like an outfit, putting together the right elements to pull everything together, with some strategic (and cost effective) upgrades you can revamp your whole store.