An article by financesonline.com breaks down the significant benefits cloud-based systems have over legacy systems through their retail consulting research. Here is what they discovered: 35% of retailers are already offering personalized rewards based on customer loyalty.
Meanwhile, 23% of retailers plan to offer personalized rewards within 12 months, and another 23% plans to do the same within 1-3 years. For 79% of shoppers, a key consideration when looking for stores to shop is personalized service. With this in mind, let's look at the benefits of cloud-based POS systems and what they empower your business to do:
1. Manage your inventory better and reduce human error by storing information as soon as transactions are completed.
2. Restaurant owners can track sales data from any store at any time.
3. Eliminate the need for clunky space-consuming computers with handheld devices or small table- top devices.
4. Save on expensive certifications and service fees.
5. Keep current data as your software has automatic-updates.
6. Personalize your promotions and interactions with customers by having access to their shopping preferences.
7. Easily integrate with e-commerce applications.
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