A Small POS Software Investment And A Little Work Can Mean Success
It seems like we have been stuck in this lousy recession forever. It has been a long time since, we the small American retailer, has had to face this amount of economic pressure. For those that have managed to weather the storm and can see a light at the end of the tunnel, more power to you and job well done. All we read and hear about is the financial stimulus aid for the large corporations that still pay an incompetent CEO large checks and big golden parachutes. As a small retailer, you are on your own, but there are steps to take that will ease the pain of a recession and that is good inventory control. Don’t over buy on inventory that doesnâ€™t fit the clientele that you cater too. Now is not the time to bring in assortments that does not fit your base business model. Do your department/class comparatives and make sure the dollar value of each department is in line with the revenue contribution. The pressure is also on your vendors to perform well and now is a good time to make sure they understand they are under the microscope to give you the terms and pricing that will help keep you in business. Your POS software should give you all the information needed to make the good, tough and informed decisions you need to help you weather the recession storm.
There isnâ€™t anything new in retail store technology that is so innovative that it guarantees you retail success in 2009. Most retail systems are last year’s model with a different ribbon and a new name. I feel good about where ProphetLine is and where we are going. ProphetLine POS Software is so fully integrated and feature inclusive, you can run a specialty retail store and never need another product. I know our product development this year is in line with what retailers need to get through this tough period and stay strong until the economy is back on the upswing. If you are in the market for POS software tools to help you improve your business processes, now is the time to start your search.