Cash Registers vs. POS Systems For many years, cash registers were the only real option when completing sales in a store, shop, or restaurant. But with the advent of technology, the options have now expanded to a variety of systems, allowing you to find the one that works best for your business. …
4 Ways Businesses Can Build Customer Loyalty (and Why it Matters)
Shoppers have infinite options for services they seek, products they buy in person and online, and within the hospitality and entertainment industries. Because of this, the need to build customer loyalty has never been greater. More than ever, businesses need the value that repeat customers bring to …
Streamline Your Business Operations with a POS System
In today's fast-paced environment, businesses must continuously improve their efficiency and productivity to remain successful. A point-of-sale (POS) system is one of many pieces of technology that can help companies achieve this. A POS system is so much more than a means to the checkout process. In …
The Future of Retail: Integrating Online and In-Store Shopping
Online shopping is nothing new and has become a part of life for most of modern society. Online shopping experienced significant growth, especially in the past few years, particularly due to the global pandemic. As we continue to move forward, consumers and business owners alike wonder what we can …
The Essential Components of a Point of Sale System
In today's fast-paced retail environment, technology has become essential for businesses to streamline their operations. A point of sale (POS) system can be the solution for those looking to improve operations and increase efficiency. When it comes to point of sale systems, there are a few essential …
What Should You Consider When Choosing a POS System?
For restaurants and retail stores, a point of sale (POS) system can be a powerful tool to increase efficiency, customer service and sales. The POS system implemented can impact almost all daily operations. But the benefits of a POS system are only fully realized if the system is tailored to the …
3 Tips to Maintain Retail Holiday Success
The holiday shopping season has come and gone, and retailers are looking ahead to the new year. If your store or brand had a successful retail holiday season, you may be wondering how to maintain that momentum in the quieter months to come. We have a few tips! How to Maintain Retail …
Is Your POS System Ready for the Holiday Shopping Season?
At Retail Tech, our retail customers are our #1 priority. We want to help you have a successful holiday shopping season and end the year strong. A functional, efficient, and up to date point of sale system will help you achieve that. For a limited time, Retail Tech is offering Holiday Point of …
The Benefits of Self-Checkout
In the years preceding the pandemic, retail stores were beginning to install and integrate self-checkout systems. Larger retailers had already installed self-checkouts, but adoption was slower for small businesses, mainly for budgetary and logistical reasons. When the pandemic began, however, …
Why Choose Retail Tech for POS System Repair?
In a busy restaurant, retail store or small business, point of sale equipment is heavily relied on for day to day operations. So, when a piece of POS hardware malfunctions or breaks, it can cause a major disruption for customers, employees, and the business as a whole. Retail Tech’s POS system …
7 Benefits of Point of Sale Systems
Today’s point of sale systems are highly functional, with capabilities far beyond processing orders and taking payments. POS systems collect, organize and present information that helps retailers and restaurant owners save time, money and effort. In short, point of sale makes business operations …
4 Marketing Tips for Retail and Small Business
There’s a lot of buzz about digital marketing these days. And while digital efforts – email, blogging, social media – can have a huge impact on a retail store or small business’ success, it’s important to maintain those more traditional marketing tactics. To make it easier, we’re sharing a few …
5 Necessities for Retail Technology
The retail environment has been changing for many years, but the pandemic significantly accelerated those changes. But while customer behavior has shifted, many foundational practices and preferences remain the same. As we move through and out of the pandemic, retail technology will play a …
How to Avert Supply Chain Challenges Using Point of Sale
By now, most U.S. retailers and consumers have felt the effects of the supply chain issues that have plagued much of the world for the last several months. As the holiday shopping season approaches, brands and retailers are working overtime to secure the products they need to sell in order to meet …
6 POS Reports That Make Restaurant Management Easier
Running a restaurant is difficult in the best of times. After the past couple of years, restaurant owners and managers are under more pressure than ever. But your point of sale system can make restaurant management easier, if you know which data to pull. Here are a few of the point of sale …
Toshiba Introduces New Self-Service Kiosk
Toshiba recently unveiled an innovative new addition to its lineup of self-service point of sale solutions. Designed for the retail environment, the Pro-X Hybrid Kiosk offers an attractive, compact and economical touchpoint that can be installed virtually anywhere. This provides retailers with …
5 Ways a POS System Can Support Business Growth
As we begin to put the pandemic behind us, retail stores and small businesses are looking toward the future and planning what comes next. Whether you’re working to make up lost profits or aiming for growth, a point of sale (POS) system can help you reach your goals. Continue reading to learn how …
Three Tips to Minimize Risk of Data Breaches
Data breaches have grown increasingly common among retail stores, not only exposing sensitive customer data, but harming the store or brand’s public image and reputation. A data breach can be very costly for all parties involved, which is why it’s vital to take all necessary precautions against …
6 Lessons From 2020 for Retail Success in 2021
After a tumultuous year, retail store owners and managers are beginning 2021 with some degree of clarity on what the year will hold. Hopefully, retail will look more like it did pre-pandemic, but it’s likely that current conditions – capacity limits, mask requirements, and customer hesitation – will …
10 Reasons to Use a Point of Sale System
Today’s point of sale systems do much more than take payments and make change. They can collect and track customer data, manage store inventory and employee schedules, facilitate digital and physical marketing efforts, and much more. If your retail store or restaurant is still using a cash register …
Get Ready for Holiday Shopping with a Register Health Check
At Retail Tech, retail is our business. Over the past several months, we’ve heard from our customers about the significant challenges and severe impacts that the Covid-19 pandemic has had on their businesses in 2020. Retail Tech wants to help retail stores end the year strong. As retailers prepare …
How to Retain Restaurant Customers Using Point of Sale
Running a profitable restaurant is challenging in the best of times. Today, restaurants are struggling like never before. Amidst these unprecedented challenges, owners and managers are doing all they can to engage and retain restaurant customers, trying new offers and incentives to get customers in …
What is POS Hardware and How Can It Boost Business?
Whether you’re new to retail or have been in the industry for several years, the prospect of upgrading to a new point of sale (POS) system can be daunting. In an effort to demystify the products and the process, we’re sharing a brief overview of POS hardware components, and why a point of sale …
How to Transition to a New Rewards Program
A loyalty or rewards program can be a powerful tool for a retail store or restaurant. Customers will feel known and valued, and the prospect of saving money keeps them coming back. But what happens when a loyalty program is no longer a cost-effective solution for a business? Making a change could …
How a POS System Can Keep Track of Kitchen Costs
Restaurants operate on thin margins, and every cost-saving measure can make all the difference to a struggling restaurant’s bottom line. This was true before COVID-19, and it is even more pronounced now, as most restaurants have closed or pivoted to carry out and delivery service only. With …
Save Time and Boost Efficiency with Point of Sale
A point of sale system is a retailer’s best friend. Not only can it perform the basic function of a retail store or restaurant – processing payment – but it can streamline processes, improve efficiency, and ultimately save a significant amount of time and money. Here are a few ways a point of …
Is it Time to Upgrade Your POS System?
It can be difficult to know when it’s time to upgrade your point of sale system. If your POS hardware is doing everything you need it to, it’s tough to justify the expense of a new POS system. But don’t wait until your hardware stops functioning completely. Upgrading to a new system could streamline …
Build Customer Loyalty Through Returns
Returns are expensive, disruptive, and time-consuming, but they’re an inevitable fact of life for retailers. A 2018 survey by the National Retail Federation found a median return rate of 10 percent in U.S. retail stores. This adds up to about $370 billion in returned merchandise. Further, return …
Maximizing the Checkout Experience
In today’s retail market, it’s important to take advantage of every opportunity to increase sales and build customer engagement. However, many retailers aren’t fully maximizing one of the most important aspects of the customer experience: the checkout. In a recent study of grocery customers, …
Essential Considerations for Food Truck POS Systems
Food trucks are a great way for aspiring and up-and-coming restaurateurs to break into the restaurant business. In addition, established restaurants often start food trucks in order to reach new customers and add revenue streams. To maximize the potential of these popular restaurants on wheels, …
POS Reports to Help Improve Restaurant Performance
In busy restaurants, even the smallest inefficiencies can have a huge impact on the bottom line. But the day-to-day responsibilities and challenges of running a restaurant often leaves managers and owners little time to identify and correct those mistakes. This is where POS reports can …
Increase Customer Engagement with Your POS System
On our point of sale blog, we’ve written extensively about the changing retail industry, discussing customers’ desire for engagement and personal connections when they shop. These shifts aren’t just present in retail environments – they’re occurring in restaurants as well. So what can restaurant …
Cut Costs and Save Money with a POS System
Not only can a POS system do more than a traditional cash register, but it could also improve the efficiency, organization and overall function of a retail store or restaurant. This, in turn, could improve business operations, saving a significant amount of time, effort and money. But how, …
How to Change a Loyalty Program without Angering Customers
If you’re starting a new business, it’s common to want a rewards program that offers big incentives to your customers. A high-value loyalty program is a great way to get new customers in the door and keep them coming back. But this could come back to bite you down the road, when your business is on …
Consumer Trends Call for New Retail Strategies
Reinventing Retail for 2020 Shopping is a large part of every culture. Whether it is getting the basics or going for the new and fun items, retail has been around for over 100 years. Shopping has evolved from the “mom and pop” shops to giant global corporations that offer just about anything. Now …
Why Your Chip Card is Still Not Accepted Everywhere
Slow Transition for a Big Change to Chip Card Processing Most companies now have chip card readers, but some have been slow to implement the new technology. The United States began accepting chips on credit cards on October 1st, 2015. This also made merchants responsible for fraudulent charges made …
What’s Happening in POS Trends for 2016?
In the midst of the technological age, changes occur at a rapid rate. It is nearly impossible to keep up with the changes, but it is possible to be adept at the changes that occur. Keeping ahead of the POS trends is one way to stay updated on what technological changes will be occurring soon. Cash …
Top 3 Benefits of POS Mobility
Is It Time to Add Mobile Technology to Your POS System? A large percentage of consumers have smartphones or other mobile devices, and the numbers will continue to rise as the price of devices continues to decrease. With the advent of online banking and mobile payments, businesses have taken to …
Create Your Ideal POS Hardware Solution with Retail Tech.
While most companies try to make your business fit into their offerings, Retail Tech does the opposite. We understand that each retailer, restaurant operator, and grocery store is in need of a unique POS solution. Exactly like the old adage, a round peg will not fit into a square hole; one POS …
Used IBM POS Hardware: IBM surepos 700 (4800-741) available!
Is your 4694 POS Hardware out of gas, but your budget does not suppot a NEW hardware roll-out? Have you thought about Used IBM POS Hardware? Retail Tech has recently received a large quantity of off-lease IBM surepos 700 POS terminals (4800-741). These refurbished POS systems will provide you the …
