How Integrated Tally ERP 9 Devices Benefit The Retail Industry

If you have a store and want to enhance its performance then you need computers and several peripheral devices to do so. As a retail solution, Shoper 9 a product of Tally software supports several widespread models of these devices involving the input and output devices along with the dedicated POS machines that one uses for operations. In order to make your billing experience good, Shoper 9 supports client display units at billing terminals which in turn displays vibrant details of the items scanned, bill totals, etc. Electronic cash drawers requiring very less space can be used as an add-on device to the billing terminal. Magnetic cards readers are some of the other devices that can be used to capture client details from magnetic cards, barcode scanners that help the entire scanning process and through which data can be swiftly captured without errors.

Through wireless/remote mode, data can also be entered by using Portable Data Terminal (PDT) devices which are compatible with Shoper 9. In your entire stock transactions and stock taking processes, data imported from PDT devices can be used.

Shoper 9 Architecture

Irrespective of whether you have a single retail store, a distribution point or a massive retail network, Shoper 9 can cater to all your retail solution requirements. This is enabled by two essences of Shoper, i.e. Shoper 9 FO and Shoper 9POS. The latter is specifically used at retail stores and distribution points and they could be independent stores or part of your retail network. Shoper 9 HO integrated with Tally ERP can be positioned to control or monitor the activities in a retail network.

Shoper 9HO and Shoper POS provide immense benefits when used in retail network such as:

• They have central control as well as the capability to merge business data providing you entire flexibility for managing the business as well as analysing your performance

• They can easily manage several types of merchandise as well as costing rules for various stores in the retail chain despite having a centralised control

• Caters centralised control of data communication between both Shoper 9 HO and Shoper 9 POS, thus avoiding any need for manual interference

However, bearing in mind the connectivity issues that might arise sporadically, this specific product (Shoper 9) is designed to function with constant connectivity between Shoper 9 POS and Shoper 9 HO. Also, the connectivity to POS doesn’t determine report generation in HO, as it maintains a model of POS databases centrally. If disaster occurs any time, these models can serve as a backup for data of several stores.

With the Tally Download, Shoper 9 can manage the retail POS needs effectively. Here, the concerns about statutory returns are also taken care of as both the products can effectively interface with Tally ERP 9, thus letting the user exploit the power of Tally’s statutory reporting. This specific product is also extremely effective in case you wish to file your returns for individual stores or in various states or in a

Finding A Good Merchant Services Company

Few people carry cash these days. Their reasons for doing this will vary. Your business must be ready to accept multiple forms of payments such as credit cards, mobile payments through smartphones and cash. It’s safer for you and your customers if you are setup to accept the most recent and secure form of these payments.

Credit cards are quick and easy for your customers to use. For the vendor, it avoids manual deposits, bad checks, and will decline insufficient funds. That’s a dream come true for you as a business owner or even a large franchise company.

Accepting credit boosts sales and may help reduce expenses through simpler reporting. A good merchant services company will have several plans to choose from. Whether you have a few sales per week or 100s of sales per month, there is a plan for you. A good merchant services company should design your credit card processing program based on your monthly sales and the industry you are in. You can offer on-line shopping when you accept credit cards and other forms of digital payments such as PayPal or Apple Pay. You can sell worldwide.

Choose an experienced merchant services company. Select several companies and evaluate each one. Do they fit all of your needs? Check their customer service reviews. Make sure you understand their fees and other charges. Are they comparable to other companies? Once you’ve narrowed your choices, select three that you like the best and that offer everything you are looking for.

Who owns the company? Is he or she available to talk to? Check their social media. You can tell a lot about a business by their social media engagements. Would you be proud to call that company or the owner your friend? Not everything on a social media necessarily points to the character of a business owner, but you can often determine if friendliness and honesty carries throughout that person’s business and social life. Many large companies use social media before hiring new employees. But, that is an option that is up to you.

You can also ask about their other satisfied clients. If you plan to be one, it’s a good idea to find out what others are saying. Check the local Chamber of commerce, Google reviews and the BBB, three great resources.

Different Dimensions of Retail Shopping

Online shopping may well be convenient yet it has yet to make a dent into the market of traditionalists. There are a good number of shoppers who still swear by the efficiency and comfort of conventional way to buying products. They are of the breed that can only buy after getting a feel of products. Such buyers won’t buy or won’t spend a dime unless they get to touch, feel and experience the product they want. That’s why, online shopping fails to stir their imagination as it seems lacking the real pleasure of shopping. Such people are comfortable with being old-timers as it comforts them.

However, shoppers are in no mood to let go of opportunities and prospects that such a big market of traditionalists can provide. Thus, they explore options to redefine the meaning and ways of shopping to bring more people under the umbrella. That’s why, retail shopping is on the rise in recent years as it combines the virtues of both – online and offline way of shopping. In this, shoppers can find products on the website, evaluate it and then buy it only from the store near them. This is how the real joy of shopping is delivered to those customers yet to take to internet shopping.

More so, retail shopping is very convenient and value addition as it minimizes the risks of being delivered with wrong products or products not matching customers’ specifications. In this, anyone can search products on the web and rather than placing order, visit a store nearby and buy with ease. The online part is obviously the ability to search and find products, compare them, assess their features and then visit the physical store nearby to get the shopping done. This kind of arrangement may well lack the comfort and convenience of online shopping but it’s nonetheless enriching to say the least.

Further, retail shopping is perfect for them all who prefer to buy products only after getting a feel of it in true sense. This benefit is not available with online shopping and hence, it fails to win over the hearts and minds of those still going the conventional way. Customers will also have the option to choose online and shop offline as this is a new dimension to shopping and it’s quite beneficial for sure. You can browse through products and categories right from the comfort of your home and then venture out to the nearby store to buy them.

The best part, most retailers come up with big discounts and offers and buyers can benefit from that as well. Plus, there is always an option to buy only what is felt good and useful as the rest can be discarded without caring a jot. This is how retail shopping has brought a new dimension to shopping and common people are benefitting from it. You just have to locate a store nearby so that the products or items selected can be bought there. So, there is an opportunity for old-timers to shun the lures of online shopping yet keep pace with the times today.

Further, you can visit a website, choose products, keep them in product basket and then decide which suits your needs perfectly. This kind of shopping is not for those grown up on ordering products online without caring whether specifications are matched or not. Here, you are not bound to buy anything online as you can take time and browse through the available products and their categories and then visit the physical store. Retail shopping is evolving and you can prefer buying products from places that let your get the feel first up. So, get total value for your deal and enjoy the real shopping.

9 Benefits of Cardboard Displays

Cardboard displays have the potential to offer a very practical option with its warmth in appearance and great versatility. Also, it is adaptable to give complete control in which the items are displayed in the retail store. Here are a few of the most appealing benefits of the cardboard displays:

Low cost: a major benefit is the fact that cardboard is relatively inexpensive to create the reliable displays for all types of merchandise.

Lightweight: this material is very lightweight, which makes it really easy and cost-effective to transport compared to other display options like wood or glass. Also, the displays are a lot easier to handle and position once inside the store.

Versatile: the actual production cost of making the cardboard displays is quite low. The process of shaping, cutting, or bending the cardboard is easily achieved via AutoCAD design. Once the preferred design is configured it is quick to produce tens of thousands of displays using the right machinery with a little human input.

Unique designs: cardboard gives complete flexibility in the design process with a great choice in the color, shape and layout. They can even include promotional or discount stickers to really make a display stand out.

Regular update: the initial low investment of the cardboard products means it is possible to be creative and update the look every few months to keep the displays looking like-new and up to date.

Very sturdy: the best quality corrugated cardboard is very strong and sturdy and easily able to hold its shape even when accepting a high load.

Easy to assemble: this type of display is designed to be simple to assemble by the retail staff. Also, if planning to position the display in an area with limited space it is possible to complete minor alterations, such as cutting the material to give the best possible fit.

Recyclable material: cardboard is a completely recyclable material that is very easy to dispose of when a display is no longer needed. This means a lot less waste is dumped into the landfill sites. Also, the cardboard with non-polluting inks such as those that are vegetable based are easily separated or washed off during the recycling process.

Looks warm and attractive: retail displays in cardboard are able to give a look that is a lot warmer compared to alternatives in plastic or steel. Cardboard is a material that is soft and warm to make it very approachable and seen as a lot less dangerous than steel or glass displays.

Discover more about the qualities and wide-ranging uses of the cardboard display. With the right cardboard display stand in store, it is possible to easily attract the potential customer to the latest merchandise.

Knowing More About The Growth And Stability Of Retail Jobs

Today, the fashion retail industry is growing and proving to be a very stable business sector. One of the benefits of pursuing a career in retail fashion is the breadth and diversity of available opportunities. For example, if you are good at dealing with people, there are plenty of fashion jobs that you can try pursuing. There are plenty of positions available in this industry ranging from marketing positions to merchandising and management.

If your inclinations lie in designing, there are plenty of fashion design jobs you can try as well. Other opportunities include those related to buying, marketing, finance, and supply change. Indeed, retail is a growth sector these days. Unlike other industries which are confined to a particular location, retail shops are strategically located in various places in the area.

Even with the increased prominence of online shopping, retail continues to grow, keeping pace with the demand of consumers and tourists. The retail sector is one of the sturdiest and more robust sectors. In fact, during the economic crisis, many retailers increased their workforce.

In terms of stability, very few industries can match the retail sector. When you talk of scope and variety, very few industries can match fashion retail. Whatever your level of experience may be, you are assured of finding a position that matches your interest, skill, and experience.

You can certainly find work in areas like marketing, finance, human resources, buying, and visual merchandising.

Retail also has a low barrier of entry, with many companies willing to take employees with limited experience for some positions. On top of that, it is fairly common in the industry to see people work their way to the top. Retail employees also enjoy a few perks that can leave employees in other sectors green with envy. These include big discounts on store merchandise.

The great thing about this industry is that many retailers provide employees with training programs as well as a fast career progression. Although many retailers accept graduates from different backgrounds, you will have a better chance of landing a retail job if your educational background is related to business, management or economics. It also helps if you are highly skilled in relationship management and customer service. This can be your edge to land the job you want.

For those who want a long-term job in retail, they should take the time to determine the specific role or career direction that they want to pursue. It is also a good idea to brush up on their knowledge of the business side. Indeed, retail jobs are growing and are still proving to be stable as ever.

Will Online Apps Prevent Consumer Waste Or Embolden Customers To Buy More Stuff?

If Apps using artificial intelligence help us all use less, share more, recycle things to others – then, will this hurt retailers and retailing due to decreased consumption? Will it prevent all the discarded waste, underutilized stuff we buy and own? Many believe it will. Take the sharing economy companies with popular apps; Lift, AirBnB, NetJet, Uber and other such concepts. Many corporations that build or manufacture vacation homes, hotels, automobiles and corporate jets are worried about their future, they see opportunities but also decreased volume, loss of economies of scale, overall “pie” reduction even if they garner a larger piece of that pie (Market Share) in such a future.

If everyone shares cars, aircraft, extra rooms, then of course; fewer rooms will be rented, and aircraft and cars purchased. This has economic implications of course, manufacturing and hospitality jobs for instance. Still, it provides efficiency to consumers, thus, less waste, lower costs (due to sharing) and that is a plus positive for quality of life and higher standard of living – no need to buy an expensive car, share a car with others, or buy a corporate jet, share instead. Makes sense (cents) right, no actually it makes dollars.

Indeed the very same new communication technology to bring buyers and sellers together; Artificially Intelligent Apps also make it easier for consumers to buy, and since consumers enjoy buying, this creates more purchases, more spending, and more consumerism. More consumerism means more redundancy, more waste, right? Sure, when capitalism speeds up its efficiency of exchange through digital money transfer, instance purchases, immediate delivery – we find more abundance due to increase in the ease of trade.

So, on one hand we have a threat to jobs and big changes to industries and certain sectors of our economy due to our new apps and smartphone mobile technology – and, then on the other hand we have a tool to help sell more stuff, faster and make more revenue and less cost, allowing corporations to enjoy increase shareholder’s equity and quarterly profits while passing on some of that savings in lower prices to consumers.

When consumers buy more stuff, their homes fill up with more junk and each year a portion of the cluster gets donated to the local Thrift Stores. So, we should see more items that are bought by way of customer rewards programs, and apps from a certain sellers which have perfected that game. Okay so, we should be watching for lots of cheap Chinese made consumer goods showing up in mass at the second hand stores. While bigger items like cars, planes, and time shares will decrease in the next couple of decades “IF” these current trends continue. Please consider all this.

Tips for Selecting the Best Shop Fronts for Your Business

Any business alone cannot create traffic of customers based on location, quality material products, and services; they will require an outlet or infrastructure that can appeal to customers while they walk in.

To have a beautiful infrastructure, shop fronts is conducive to create a robust image of your business. For any business to perform better, it is necessary to invest in the look of their business store as well.

As most of the people create their judgement based on what they see for the first time or what antagonizes them the most.

Down below are the top 3 shop fronts ideas that one must consider.

1. Aluminium Shop Fronts – This design is versatile and an economic solution. The doors are fitted with the help of over head spring that are concealed. Also, the doors can come in sliding or swing open along with electric control, if required. This design can be a viable option for that business who wants to give a corporate and simple touch to their venture.

2. Glass Shop Fronts – These fronts can come in clear or tinted glaze, available in both single and double glazing. Again, the fronts are installed with over head springs that are latent. Clients can demand for any type of swing or sliding door, as well. These are feasible for that business who wants to attract their customer with their presentation, product or services alone. Also, for those who want to add royal and classic touch.

3. Solid Timber Shop Fronts – Nothing can beat the quality offered by material – Timber. These doors are hand painted once they are constructed, with the colors offered by customers. Are suitable for that business, who wants to stick to the old and vintage practices.

Weighing Some Advantages of Having Effective Entrances for Business

  • Appearances cannot be deceptive-People often believes in what they see. Beautiful and well constructed shop fronts can attract the visitors more than often.
  • Window displays will say it all- Stores or outlet will not have to indulge in more of aggressive selling, their point of sale service with intrigue design and ideas will say it all.
  • Leading trust – A business will reap rewards from clients with its presentation and fancy entrance in terms of trust and goodwill.
  • Decreased competition– People prefer that outlet who have so much to offer apart from just services and product. Ravishing shop fronts will catch an eye of customers better than competitors.

From Aluminium to solid timber shop fronts, there are plenty of options to choose from. Kick start your business with above tips and restore your business in good faith.

4 Benefits of Using Wall Display Racks

Wall display racks are a great way to highlight merchandise in retail stores and take up very little space that would otherwise be neglected. They are useful for drawing the customer’s attention with little effort and make it really easy to group specific items. Plus, with the wide-ranging materials like plastic, metal, glass and wood, it isn’t too difficult to create the desired ambiance.

Here are four benefits of using wall display racks:

Use all available space

A common mistake with fitting out a retail store is not taking advantage of the perimeter and using the available wall space. Using multiple racks in this area will make sure this space isn’t left empty and also helps to create the most visually attractive displays.

Free up floor space

The ability to free up usable floor space is certain to appeal to the retail spaces that are quite limited. The cozy retail space can present a lot of challenges to get the organized layout without looking overly crowded or cluttered. By installing the wall display racks, it is possible to get a lot of items off the floor and out-of-the-way. This gives customers more space to walk around the store which is certain to look more organized and elegant.

Easier to notice

Any well displayed items will be a lot easier to notice when positioned at eye level. This is a simple technique that can quickly grab the attention of customers. Also, the convenient location of the racks makes it easier to browse through compared to those at lower levels. It is practical to place the touch-and-feel type items on the racks to increase the customer’s interaction with items for sale.

Also, this type of display is vertical which makes it easier to group a collection of related products in the same area. For instance, a hot electrical item can be surrounded by related products like charging accessories, batteries and headphones.

Elegant looks

Wall display racks are available in many different shapes and sizes to give the sophisticated look to match its local surroundings. The high-end options include the slat grid or wire grid panels. The transparent rack is a practical choice in the small stores to give the impression the all-round space is larger. In addition to the more typical displays, there are also the digital walls and outriggers to give a more unique look. The preferred fixture should be based on its size, durability, versatility and price point.

What Are the Benefits of a POS System?What Are the Benefits of a POS System?

A POS system is an easy to use and efficient option for processing transactions in a shop or restaurant environment. They have the ability to generate sales reports and stock inventory to make a business easier to manage. Here are a few of the major reasons to use a POS system in place of a traditional cash register:

Greater efficiency

A practical benefit is the ability to make life a lot easier for the employees. For instance, there is no longer a need to enter a lot of data into a traditional cash register. Also, there is less need to memorize a long list of product prices. With less information to remember, the error rate in processing transactions is certain to be a lot lower compared to manually entering transaction data. A further positive is the speed in which these systems can be used to make the turnover more efficient.

Stock management

The traditional method of monitoring stock is to physically review the volume of goods left in storage. But, this is certain to be a very time-consuming and laborious job, especially for the large size business. A more practical alternative is the POS system which has the capacity to hold a digital database of all available stock. This gives the convenience of being able to check the volume of stock at a glance.

Accurate reports

Many of the latest POS systems have the ability to generate a wide range of customizable reports. The reports can include useful information like daily income and expenses which keeps a business owner updated on the overall success. Other useful information includes stock management to help know when to reorder supplies.

The most high-tech systems are designed to calculate seasonal variations and sales trends to know which items sold are most in demand. This is a useful indicator for business owners to buy in stock that is the most successful and increase the ability to maximize the potential income.

Also, the historical data created can help to highlight areas of wastage or overspend which can be better controlled in the future.

Employee tracking

The POS systems often include a unique clerk code which helps to track the activity of an individual employee. This tracking ability can even apply when multiple employees are using the same machine.

The option to track staff behavior can help to give an idea of staff with strong or weak sales figures. This information can be used to help the weaker staff members or to create a healthy competitive spirit in a business environment. Also, there is a much lower risk of employee theft when all transactions are tracked.

Strategic Process for Site Planning

Real estate site selection can be a complex web of evaluating store attributes within a potential store trade area. The process utilizes both a science and an art to the overall selection process combining a number of factors that weigh on the viability of the location. Complicating the process is that each location has its own special attributes, which makes site selection more directional in nature as opposed to a cookie-cutter process. That being said, here are some key attributes that should be considered in the overall evaluation:

Traffic Counts – While these are clearly site specific (think of the difference between a rural site and an urban site), analyzing the traffic counts will help offer a predictability of volume. The key is to understand what the potential traffic patterns are for the site before one can look solely at traffic counts. If a road carries a number of cars, but that road does not feed well into the site, the traffic counts may be misinterpreted. Understand the natural flow into the site before assessing the traffic counts. One way to gain some perspective on how traffic counts mirror volumes is to compare existing site volumes with their traffic counts. Many operators jump right into new site selection without looking back at existing sites and creating a model based on their geographic areas. This may give you a more reliable predictive model for your future sites.

Population Counts – Population count is the next logical indicator for your location. Not only do you want to look at the population count as it stands today – and is it enough to support a site – but also how has it been trending. Positive growth indicates a viable marketplace while negative trends may raise a red flag. In addition, gaining a better understanding of the ethnicity and socio-economic trends in the trade area will offer a better snapshot into the merchandising mix that should be presented at the site.

Seasonality & Geographic Nuances – Determining whether the site is seasonal or not should factor into your analysis. Operators shouldn’t necessarily shy away from seasonal type stores but rather not be surprised by them after they open. Closely related to seasonality would be a trade area driver – i.e., a mall or theme park – that may positively or negatively impact your store’s performance. Monitoring these outside forces will tighten up your model. In addition, look for the non-seasonal enhancements or barriers to your site. A river that bisects your trade area, for instance, will effectively cut your traffic to the store no matter how close in proximity the homes are. Even certain companies can impact your site. A large manufacturing facility that releases a number of employees at the same time can cause bottlenecks in the traffic flow that will cause potential customers to avoid the area at these peak times.

Visibility – This may be more anecdotal than the other attributes but should still be a consideration. Judging whether the site is easily viewed from afar as opposed to a site that is hidden by overgrown trees should be a factor. Driving the site from all four directions allows for the owner to gain the perspective of potential customers as they approach the location. Other considerations would include that speed of the traffic as it approaches the potential site. If the traffic flow is traveling at too great a speed or drivers are distracted due to complicated traffic patterns, the opportunity to notice your location is diminished.

Competitors – Obviously, understanding the competition within the trading area is critical. I would approach this competitive evaluation in a three-fold fashion: a) gasoline, b) convenience store, and c) quick-service restaurants. Look at the competitive landscape in degrees of competition – meaning, some competition has greater negative impact than other competition. Ranking your competition based on this impact for all three categories will paint a more holistic overview. Keep in mind, that some competitors may impact only the gasoline while others may have a greater impact on convenience product sales. With the c-store industry creeping further and further into foodservice, mapping the quick service restaurants in the trade area will give you a better indication of the viability of your foodservice operation.

Location – Location, location, location. There are many factors that come into play when picking the best location. Is it a premier corner? What day part side of the street is the site? Is there easy ingress and egress in and out of the location? Are there divided highways in front of the location that make access more difficult? Is this an inside lot location and not even a corner? What is the length of the property frontage? There is a myriad of considerations for the actual site location that need to be evaluated in the context of the other attributes.

Let’s face it; there are a number of variables that come into play. While one cannot be certain that accurately depicting all of these attributes into a real estate site evaluation model can guarantee success, it will at least put you in a better risk aversion position. That is the science of it.

I have been around the block long enough to know that some stores simply defy their science and just work. The art of site selection is far harder to quantify than the science. While those stores are the anomaly, evaluating new locations by putting their attributes through the litmus test above, helps minimize the downside risk of opening an underperforming location.