Point of sale is an entire system used for processing transactions. There are many different kinds of POS solutions, because different industries or types of businesses have their own unique way of processing transactions. An ecommerce business for example will use a retail POS system, because it deals with the buying and selling of products online. A good point of sale solution must have the ability to handle the various details required for placing an order online.
The most common POS solution used by e-commerce businesses is QuickBooks. Even though it is a financial software with an emphasis on accounting, it actually has so many other features that help manage and track the different aspects of an online store from processing orders to inventory and customer data handling. If your ecommerce solution includes QuickBooks integration, you will be able to enjoy managing your whole business in one central location. It is the perfect solution for people without any advanced accounting knowledge and makes running a business a lot easier.
A retail POS solution should be able to process orders for both online stores and brick and mortar stores. A business with both an online and offline presence will need to be able to synchronize the two for the business to run smoothly. Whether you have a physical store in addition to the one online or attend trade shows or other live events for offline sales, it's important to be able to track and manage all orders at the same time. Most of the offline POS features are exactly the same as the online ones, they include:
A point of sale system will work exactly the same offline as it does online, but there are certain devices that are required to be able to complete the transaction. Products that are added to a shopping cart through an online store has to be scanned with a barcode scanner in a physical store. The product id and price are then recorded for a final tally. Credit card payments are processed slightly different as well, customers must enter their credit card number in the online checkout area whereas the the card itself is swiped through a credit card reader to gather all the required data offline. The last step comes in the form of an invoice that is emailed to the customer online or a sales receipt that is printed on a sales receipt printer in an actual store. All of these devices work together in the same way as an online store checkout process, simply plug them into your computer with a USB port and transactions can be processed at the same time.
The biggest benefit for using a point of sale system for both online and offline orders is it saves both time and money. Combining the management of both your online and offline stores makes running the business as a whole that much easier. Not to mention the fact that if you currently only support one type of store, you have the ability to scale your business by including the other type in the future without having to completely restructure your whole business.
The most common POS solution used by e-commerce businesses is QuickBooks. Even though it is a financial software with an emphasis on accounting, it actually has so many other features that help manage and track the different aspects of an online store from processing orders to inventory and customer data handling. If your ecommerce solution includes QuickBooks integration, you will be able to enjoy managing your whole business in one central location. It is the perfect solution for people without any advanced accounting knowledge and makes running a business a lot easier.
A retail POS solution should be able to process orders for both online stores and brick and mortar stores. A business with both an online and offline presence will need to be able to synchronize the two for the business to run smoothly. Whether you have a physical store in addition to the one online or attend trade shows or other live events for offline sales, it's important to be able to track and manage all orders at the same time. Most of the offline POS features are exactly the same as the online ones, they include:
- Order processing
- Accept payments
- Discount, gift certificate and tax configuration
- Generate sales receipts
- Automatic inventory adjustments
A point of sale system will work exactly the same offline as it does online, but there are certain devices that are required to be able to complete the transaction. Products that are added to a shopping cart through an online store has to be scanned with a barcode scanner in a physical store. The product id and price are then recorded for a final tally. Credit card payments are processed slightly different as well, customers must enter their credit card number in the online checkout area whereas the the card itself is swiped through a credit card reader to gather all the required data offline. The last step comes in the form of an invoice that is emailed to the customer online or a sales receipt that is printed on a sales receipt printer in an actual store. All of these devices work together in the same way as an online store checkout process, simply plug them into your computer with a USB port and transactions can be processed at the same time.
The biggest benefit for using a point of sale system for both online and offline orders is it saves both time and money. Combining the management of both your online and offline stores makes running the business as a whole that much easier. Not to mention the fact that if you currently only support one type of store, you have the ability to scale your business by including the other type in the future without having to completely restructure your whole business.
To have a fully functional online POS system, you need a point of sales software with a full range of features can really improve your online and offline businesses. Choosing one that grows with your business is key. You must use an ecommerce solution that is able to provide all the necessary online tools to easily synchronize every aspect of your business.
What you need is a full service all-in-one hosting, design, and marketing software made specifically for e-commerce businesses. One that lets you set up your store in minutes, and provides powerful tools to help with not only your POS solution, but also SEO, product marketing and mobile commerce. Check out the best possible e-commerce solutions available at http://www.makeanonlinestore.com and try them out yourself absolutely free, no credit card required!
What you need is a full service all-in-one hosting, design, and marketing software made specifically for e-commerce businesses. One that lets you set up your store in minutes, and provides powerful tools to help with not only your POS solution, but also SEO, product marketing and mobile commerce. Check out the best possible e-commerce solutions available at http://www.makeanonlinestore.com and try them out yourself absolutely free, no credit card required!