Running a liquor store is not an easy task. There are many things that are involved in the process. Although, it can be beneficial to own a liquor store, it can be stressful to operate one. There are over 42,000 liquor stores in the United States and liquor store owners are always on the lookout for new ways to get ahead of the game. This is where a POS system comes into place. Installing a POS (Point of Sale) system can truly benefit the business. Upgrading to a POS system from an old cash register will allow you to better focus on running the business. Check out the Best Liquor Store POS System to take your business to the next level.
When you install a POS system for your liquor store, it opens up many opportunities for your business such as customer loyalty and better business management. The POS software helps increase the benefits of running a liquor store and reduces stress. A point of sale system allows you to maintain purchase history information and capture important customer data.
Most of the POS systems also include automated VIP club pricing which rewards customers that visit the liquor store frequently. It offers a customer ranking monitoring feature which tracks customer purchasing history. This boosts the performance of target marketing. Besides, digital receipts allow you to engage with customers in a unique way. With the digital receipt app, customers will be able to receive discounts that are tailored towards their needs. Use digital receipts to offer customers something new.
By adopting a POS system, you make the liquor store more than just a place where customers come for a purchase. It is a tool which ensures better workflow and offers an opportunity for engaging with customers. This in turn helps create customer loyalty. Here are some of the reasons why you should get a POS System for your liquor store.
- Ensures Compliances with State Liquor Laws
When you operate a liquor store in a particular state, it means that you have to follow the local laws of that state. There are also federal laws in place which the business has to abide by. When you adopt a POS system for your liquor store, you become compliant. The Point of Sale System knows the laws of the state and ensures that comply with the local laws. Look for a POS system which has been designed for your space. Choose a POS system company which understands your business completely. It will help ensure that you get a POS system which is line with the latest laws. The company needs to have an in-house research team working on continuously updating the system.
For instance, in the state of Pennsylvania, a law had been passed which allowed store owners to sell beer as singles and six packs. The company from whom you get the POS system should know the latest laws and be able to easily integrate the changes to the system effectively.
- Provides Better Control over Cash Flow
A proper liquor store POS system provides owners with better control over the cash flow. It does this in a number of ways. One of ways through which it does this is that it provides cashiers and managers with different rights and roles within the system. Managers will be able to override discounts and cashiers would require approval from management in order to apply discounts. Moreover, the POS system allows you to control cash flow by utilizing reports. Go through daily sales report and more to manage the store.
- Accurate and Easy Age Verification
One of the most important tasks when running a POS system is accurately verifying the age of customers before selling them liquor etc. Therefore, you need to choose a POS system which provides you with the option to utilize the 2-D Scanner.
The scanner does more than just scan product barcode. It also scans the odd barcode that can be found on the driver license. When you use the 2-D Scanner, you ensure that the cashiers not only check each ID, but also make sure that the ID is valid. The 2-D Scanner is able to check more than just the birth date of the customer from the driver license as it lets you know if the license has been expired or not.
Advantages of Using a POS System for Your Liquor Store
There are many advantages of using a POS system for the liquor store as explained below.
The POS system allows operators or the liquor store owners to simply enter the pricing of what customers purchase based on multi-pack, single and cases in order to automatically ring up the order without having to enter the pricing manually. This in turn helps cashiers to include the coupons or discounts automatically based on the category of the items or items sold. Users will be able to create preset pick keys for non-scannable items.
Another advantage of using a POS system is that it allows the liquor store employees to better manage inventory. It is perfect for liquor stores having single or multiple locations. Inventory is counted, adjusted and added using multiple methods to achieve better inventory management. The POS system also allows you to print barcode labels for new inventory and lets you keep track of the sales when entering or scanning items at the checkout. The system will automatically let you know when a particular item runs out.
Track your employees’ clock-in and clock-out times by using the POS system. It allows you to track performance of departments such as by tracking sales between a specified time periods. The information obtained from the system allows store owners to conclude which employee performs the best or needs further training. It also lets you know if the store has been getting more traffic and when an extra cashier should be hired to keep the lines moving.