Finding the Right Point of Sale Software for Your Retail Store
2 Pages
English

Finding the Right Point of Sale Software for Your Retail Store

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Finding the Right Point of Sale Software for Your Retail Store The first POS system ever recorded was back in the 1870’s in Dayton, Ohio.

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Published 23 May 2015
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Language English
Finding the Right Point of Sale Software for Your Retail StoreThe first POS system ever recorded was back in the 1870’s in Dayton, Ohio. James Ritty, “dealer of pure whiskies, fine wines and cigars” had a booming business except for one pretty big problem: his employees kept lining their pockets with money stolen from the cash drawer. As Ritty sailed along to Europe, he noticed that there was a device that counted the revolutions of the propeller and Boom, an idea went off in his head: what if this same concept was adapted to the transactions made in his saloon? Hence, that was where the cash register had its humble beginnings.So, what is the importance of this history lesson? Because out of necessity comes invention. ThePOS cash registerrevolutionized running a storefront in the 19th century, but we all know that there is much more to business management than securing your hard earned cash. That’s why in the 1970’s IBM introduced mainframe controller terminals which was basically the marriage of an electric typewriter and calculator. (In fact, my dad had a similar one of these glorified calculators for his CPA firm. His cost over $20,000 and took up half an office!) After that, in the 1990s came the commonplace use of personal computers, which automated the process of retail point of sale systems.Nowadays we have the great advantage of not only having an immense database at our fingertips, but it’s portable, easy to use, and the capabilities are just mindboggling. The right point of sale software can be customized to your specific type of business, business needs and challenges, no matter what and how many there are.Are you a salon, bike shop, apparel store, or cafe? No problem!Do you run multiple boutiques and want to find out if you have a certain size at your second location? Click to it!Are you a photographer that goes on location and needs to process credit cards onthe go? Well, if you have an iPad, you can use a super simple to useipad point of sale systemand just swipe away and email your client their receipt! Moreover, sometimes you don’t know what you need until you find out that a solution already exists.Vend, a leader in pos software systems made for retailers of all sizes currently has all the right tools in place where you can set custom reorder points and be automatically notified when you should order more of a particular item, bundle items to be sold together, or queue new labels to print automatically once you’ve reordered more product.
When James Ritty first invented the cash register, I’m sure that he never dreamed of what the future would hold for future small business retail stores. Between online sales, high tech point of sale software, and social media promos, business owners have never had a greater opportunity to reach a wider audience customers or reap more sales in history with the evolution of retail point of sale software systems.