How Software Ate the Point of Sale
The speed at which point of sale (POS) software is evolving is significant. If you’ve been in an Apple Store lately you’ll have noticed the days of clunky old cash registers are long gone. Brick and mortar retailers are moving toward leaner systems that operate on tablets and smartphones, not complicated systems that cost thousands of dollars.
But it’s not just retail stores that are interested in POS systems – ecommerce store owners who sell at craft fairs, trade shows, and farmers markets are also in need of inexpensive and easy-to-use point of sale solutions. Setting up a POS with your Shopify store is easy. Here are some of the basics:
What is Point Of Sale (POS) Software?
POS software is what brick and mortar retailers use to conduct sales. It’s sometimes a cash register, computer, or even an iPad where cashiers input your products, tally the cost, and conduct the financial transaction. Most POS software will also communicate with inventory levels to keep everything in balance. A lot of big box stores have wildly expensive POS solutions, some of which were custom built for their needs. Smaller retailers are moving away from these traditional POS systems and toward cloud based point of sale solutions.
What is Cloud Based Point Of Sale Software?
This is the newest trend in point of sale software, and is quickly growing in popularity. This system can be accessed directly from the Internet and is often compatible with most POS hardware (cash drawers, printers, etc.) Cloud based POS systems are less expensive, and they’re convenient because merchants can access customer data from anywhere with an Internet connection. This is great if you’re a small business who sells in a brick and mortar store, ecommerce store, and also does the occasional trade show or flea market. When you use a cloud based POS and link it up to your Shopify store your inventory automatically adjusts.