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Archive for the ‘Blog’ Category

Free Download for Printing Pricing and Shelf Tag Labels for Zebra Printers

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The ProphetLine POS/Retail Management Software Company has made available as a free software download, an application that manually prints barcode pricing labels. This is not a high volume application that is connected to your current POS software, but a manual program ideal for individual labels, shelf tag labels and retailers using POS software or a cash register that does not print barcode pricing labels. This is the same printer matrix that is embedded into ProphetLine POS Software which runs totally automated. This label program is made to run with the Zebra TLP2824 and LP2824 series transfer and thermal printers. The Zebra printer can be serial, parallel, USB or networked. You can run multiple size labels; large 2 ¼ X 1 ¼ I-up, 1 ¼ X 1 2-up, 1 X  ¾ 2-up and Jewelry tag labels. The 2-up labels and the jewelry tag labels have a limitation on the number and type of characters you can use in the UPC code field. The older style gap labels or the newer black line labels work equally well.

All of the necessary information you need for your customers can be printed on the larger 1-up pricing or shelf tag label; the catalogue number, bar code, description, department/class, selling price, MSRP, vendor account number, cost encrypted, date received encrypted, the store name and the quantity of labels desired.

CRM and Your POS Software

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According to Wikipedia, Customer relationship management (CRM) is a broad term that covers concepts used by companies to manage their relationships with customers, including the capture, storage and analysis of customer information. Large companies use three aspects of CRM, operational, collaborative and analytical. You as a small retailer will be concerned mostly with the operational side which is the automation of customer information gathered with your POS software concerning their buying habits. This is so important because it effects not only your buying decisions, but how you are going to keep existing customers happy and in your retail facility. Which is the easiest, trying to find a new customer or keeping and enhancing current customers? The obvious answer is to keep current customers happy and buying more from you.

ProphetLine POS Software tracks all customer purchases at the time of sale and allows you to query data in numerous user definable ways. You can put customer preferences on the main screen, pull up a sales analysis of past purchases and send automated emails straight out of our POS software without any other third party applications. I want to send an email to all customers that purchased a specific item in the past and notify them we have received a new item that goes perfectly with the original item purchased. In most POS software, this is a complex procedure requiring technical skills, but in ProphetLine you simply put in a date range and tell it to run. Using the information obtained at the POS software level is the easiest way to generate more revenue from your current customer base and keep them from shopping with your competitors.

POS Software with Integrated Web Shopping Cart

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The ProphetLine POS/Retail Management Software Company now has two separate ways to handle your integrated web shopping cart and both are seamless with ProphetLine POS Software. The first way is the hosted model that utilizes our server and we do the hosting. The second way is the new dot net version that can be hosted with your own hosting service. You now have a choice in building your business and one of the best ways to improve your business is to implement an easy to maintain and efficient Internet presence. A brick and mortar retailer can expect a ten percent increase in sales, according to industry averages, within the first year if the web store is properly worked and maintained. It’s just another way to get your product line in front of the buying public.

The only other reliable and efficient way to improve your business sales and cash flow are to sell more to existing customers by capturing information at the point of sale and mining more business from your existing customer base. Your customers will gladly give you some personal information if they know that preferential treatment or special pricing is the end result. Notifying them of new product arrivals, private showings or a pending sale are a few of the ways to build your customer loyalty and keep them shopping with you and not your competitors. If you are interested in doing the above mentioned two items, your cost will be minimal and you will be able to transform your business processes and improve profitability?

Use Your POS Software to Prepare Your Merchandise Plan

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Preparing a merchandise plan makes crucial buying decisions that much easier. This would be no different than a home builder having a design drawn up before he started building it. The first key is to make sure you are proficient in the use of the information gained from your POS software system. Once you have good historical data, the plan is much easier to build. Top down planning is usually the best for most small retailers. Start with total company figures, move to departmental numbers and then to the class level.

When building your plans, try to give yourself more room in the mark-up area. If you start with higher mark-ups, your early markdowns can be much more effective without killing your gross margin. Plan some markdowns for each month so that you will always have some in-store specials working. Markdowns, employee discounts and shrinkage must be planned for to obtain accurate inventory levels and forecasted sales totals.

After Support, Training is Next Most Important Thing With POS Software

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Choosing the right POS/Retail Management software is only one step in achieving retail success. Learning to properly implement procedures and then learning to manage and react to the information provided is every bit as important as finding the right features in your system.

Without exception, studies show that customer satisfaction with POS Software is directly related to the quality and quantity of education. One study a few years ago determined that upon completion of training, a customer retained at most 80% of the training. In many cases, it was closer to 50%. If that trained person leaves the organization and trains a replacement, the new employee has only 25%-64% true knowledge of the system. A new employee who has to learn the system by guessing may have less than 30% knowledge of the capabilities of the system! Because training is so important, ProphetLine offers training for now and for later.

If we go on-site and spend two days solid, the customer’s attention span is not going to last. The best way to train is to give two hour blocks of on-line training and the trainee will retain a majority of the information. When they need to learn a different portion of the POS Software or have a refresher, set-up another training session.

Support is the Most Important Part of POS Software Purchase

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This subject is so important that I am replaying an older blog on support with POS Software. When you have a big sale ahead and everything needs to go perfect, it doesn’t take much to ruin the day. Your POS Software system is acting up, you call tech support and two hours later there is still no response. This is probably when you realize that you have made a big mistake in your purchase and all the features and functionality in the world are not going to make up for the fact you can’t get good support. ProphetLine POS Software support prides itself in answering 80% of the calls immediately and the other 20% on a call back basis in less than 10 minutes.

A few years ago, there was a study of companies that had gone through two computer installations. The research drew conclusions regarding the importance of issues such as price, software functionality, training, support and other items considered in the decision process. The first time around, price was number 1 and support was number 9. The second time around, these same companies, listed support as number 1 and price as number 7! We set a maximum time frame so that if your problem is not addressed within the time frame, you can call back and make sure that some extraordinary circumstances have not arisen. These guidelines are available at support tab.

Successful Retail Strategy Through Your POS Software

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Successful retail strategy is revolved around price, service and product. You need to be better than your competitors at one of them and competitive with them at the other two. You can’t be something to everybody, so pick a potential customer type that you wish to cater to and build your business around those customer demographics. This will enable you to more clearly understand and put in place your merchandise buying plans. If you have collected sales history from your POS software over the past couple of years, half the battle is won. If this information is not available, you will need to use an educated guess to come as close as possible to the monthly department and class sales over the last year.

The inventory buying process is 90% analyzing the data and 10% your instincts on what will be the fast sellers for the year. It takes work to achieve success in merchandising, but you will be rewarded for this effort. In a successful retail operation, buying and merchandising is the name of the game. The merchandise plan will revolve around who is going to be your best customer type, learning their buying habits and building your business around that person. If you are a new business, install quality POS software that will analyze the data and if you are an existing business with poor inventory analytics, change or die.

Rising Gas Prices Hurting Your Retail Business?

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With the rising gas prices, you may find your business being effected negatively. What can your POS Software do to help? Enter ProphetLine, POS Software with integrated Web Shopping. ProphetLine for Windows allows you to quickly and easily setup an online store your customers can shop from the comfort of their homes 7 days a week, 24 hours a day.

Call ProphetLine Sales at 800-875-6592 ext. 310 or send an e-mail to sales@prophetline.com for more information

Update POS Software With Merchandise Planning

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Inventory in your retail location only puts money in the drawer when it is sold, a simple statement that tells the whole story. The better the margins, the more it turns and the less it is marked down, the better the profitability of the location. POS software can give you the vital information to make decisions on the type of inventory to carry, the quantities at a specific time and the optimal price that will give you the best performance.

The most important part of good purchasing is having adequate inventory in stock when needed. This requires planning to determine the needs that will satisfy demand during a certain time period. Before your buying plan is finished, a level of inventory must be determined that will ensure the sale of the greatest number of units. POS software that takes historical sales data and automatically updates your retail stock ledger and open to buy plan will give you that edge that makes your buying efficient.

There are other options to pre-planning your inventory purchases; a visual check (there goes the day with the family), a weekly physical count (no sleep tomorrow night), stub control (pre-computer days). Procrastination is saying to yourself, if only I had not put off the decision to buy that POS software that did the merchandise planning for me.

ProphetLine Strives to Give Small Retailers the Best POS Software

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ProphetLine POS software is designed to maximize the benefits you need to grow your retail business. Your small business is your livelihood, a way of life and retirement fund. We would like to think, ProphetLine POS Software/Retail Systems can help you add to your financial strength in these tough economic times. We work hard to develop a relationship of cooperation with our customers and strive to help improve their profitability.

At ProphetLine, we spend most of our time trying to figure ways to enhance our POS software to better enable you to maximize your profits. In today’s highly competitive retail environment, today’s hottest selling item can be tomorrow’s old news. If your current Point of Sale Software does not give you inventory views for all of your retail store locations, you are playing the game blind. Visibility across your chain is vital to keep the fast moving items fully stocked. Automatic re-order points are critical to maintain adequate inventory and to prevent overstocking.

ProphetLine is not perfect, but we strive to make it better every day. When you purchase ProphetLine, all the bells and whistles are included. We do not sell an entry level, stripped down version to entice you buy and then nickel and dime you to pay more and add-on functionality. We build in all the functionality you would expect to find in quality POS Software, accounting, customer marketing, internet communications and much more. Start your business out right and make the decision to improve the quality of your business and life.