Here they
are in order of importance (in my humble opinion, of course):
1) Point of Sale (POS) and Inventory Control Software
An HRK
Retail POS / Retail Management System can be a huge time saver and money maker
for you. That’s partly why it’s number one…
In its
simplest form, an HRK Retail POS system will track all your sales so you can
easily see how your business is doing (at any time). In other words, it
replaces your cash register.
It’s
difficult to decide where to even start talking about HRK Retail POS software
because it can do SO many things for you. I could literally write a book about
ALL the reasons why a POS system will help you — so I’ll quickly summarize in 5
key areas. An HRK Retail POS system can:
*
Dramatically improve your customer service.
* Simplify
and improve inventory management.
* Improve
the effectiveness of your marketing efforts.
* Easily
show where you’re making and losing money so you can promptly make adjustments
and thereby increase profits.
* Save huge
amounts of time by automating bookkeeping and countless other retail tasks for
you.
2) Customer
Relationship Management (CRM) Software
One of the
unwavering keys to building a successful retail business is to build
relationships with your customers. Because of that, HRK CRM software is a
critical tool for the retail business. And not only will HRK CRM help you
improve your customer loyalty it will help you market to potential prospects
and generate new business.
In a
nutshell, HRK CRM software allows you to track your customers, identify market
segments and then easily communicate with them via email, telephone, direct
mail and more.
HRK Retail POS
systems actually offer HRK CRM capabilities as an additional module in our
software. This allows you to track all this information in one place and reduce
time consuming double entry. So it deserves its own category.
3) Bar Code
Scanning
Simply put,
bar code scanning allows you to check products at the point of sale much faster
and more accurately than can be done on the keyboard. Not only will this save
you time, but you should also consider the effect of your inventory…
Just think
about the consequences of entering the wrong product number and throwing off
your inventory. Your inventory is the lifeblood of your business and accuracy
is vital. These errors can cause you to lose sales, increase inventory costs,
and waste hours of time.
HRK Retail
POS Software also integrates the handheld barcode printer and scanner to the
point of sale terminal – allowing the cashier to print barcodes or shelf edge
labels (for those products that do not have barcodes, such as wood, steel,
pipes, etc.), scan and process the sale simultaneously. This can be a huge time
saver.
4)
Electronic Data Interchange (EDI)
EDI
technology allows you to send customer quotations, supplier purchase orders and
invoices (created in your HRK Retail POS software) electronically over the
internet. Not only does this save a huge amount of time, but it can also reduce
errors — so you don’t have to apologize to your customer because you special
ordered the wrong item.
Just
imagine, using your HRK Retail POS software to automatically generate purchase
orders (based on order levels and sales history) and then sending your order to
your supplier electronically. You can process your entire order without
entering a single product number! How much time would that save you?
5) Retail
Accounting Software
More and
more retailers are doing their accounting in-house because they can quickly
produce up-to-date financial statements and see how their business is doing at
almost any time. This has become easier for the small business owner because of
a variety of user-friendly accounting applications.
HRK Debtors
& Invoicing module can be integrated with your HRK Retail POS software. Its
includes your Accounts Receivable (what people owe you), Accounts Payable and
your General Ledger. With our
comprehensive system you will save time and avoid any double entries.
7) Graphics
Design
Most small
retail business owners tend to wear many hats… and taking care of marketing
promotions can be one of them. With HRK Retail POS Software, you can save
thousands of Rands by setting up your own instore promotions.
Further,
with our HRK Social Media Management package, we help you reach a wider
audience by advertising on social media platforms. We will post user-generated content,
also known as “earned media,” on your company’s social media profiles (ie.
Facebook, Instagram).
8) Websites
& Shopping Carts
Whether you
sell products on your website or not… websites can be powerful tools to promote
your retail business. For example, you could link to your website from business
cards, newspaper ads, and more. This gives you an opportunity to tell your
story, give people an idea of what you sell, and convince them to stop by your
store. Since it would be very expensive to tell your entire sales story in a
newspaper ad… you can finish the job by sending people to your website and save
money.
With HRK
Web Development, we design and maintain your website for you.
Then if
you’re really serious, you can utilize a website shopping cart so customers can
place orders and pay you right from the website.
I suggest
that you take a close look at each one of these technologies. Make sure you
understand what’s involved and why they are SO important. Then consider
utilizing this type of technology in your business (if you haven’t already).