Are you thinking of reducing the unnecessary equipment you have in the tight space of your shop?
We will have a good suggestion for you!
Why don’t you replace your Point-of-Sale system bundle with a Mobile POS system? It will be convenient in many ways and serve your business purposes on point.
But what is an mPOS system? What is the difference between POS and mPOS systems? Why is mPOS important?
Come, we will talk about everything in this article. We hope this article will guide you to make the best decision on mPOS by the end.
Let’s move on!
mPOS, short for mobile Point of Sales, is an alternative to the traditional way of managing a business.
It brings all the business processes under a single platform making your business process smarter.
What can you do with a mPOS system? Well the right question is ‘what can’t you do with it?’
Through mPOS, you can now
With increasing numbers of SMEs and micro-merchants that sell fast-moving products, the use of mPOS is gaining attraction more than ever.
mPOS typically consists of a mobile app that provides all the necessary features to handle your business in one place.
The app can be downloaded and installed on Android and IOS devices.
mPOS functions such as managing the inventory, maintaining a customer database, generating reports and analytics, and credit sales and debtor management help businesses manage all their activities with just a few clicks.
This greatly benefits businesses like restaurants and food trucks where quick performance is everything.
In this section, we are going to investigate the major difference between POS and mPOS solutions.
We will simplify the difference between POS and mPOS software for your convenience.
1. Easy Transaction Processing
2. Comprehensive Inventory Management
3. Various Payment Methods
4. Quick Receipt Generation
5. Insights from Sales Reporting
6. Customer Management
8. Powerful Integration
9. Enhanced Security
10. Offline Capability
Aspect | POS (Point of Sale) | mPOS (Mobile Point of Sale) |
---|---|---|
Hardware Components | Involves fixed hardware like cash registers, barcode scanners, and stationary terminals | Relies on mobile devices such as smartphones and tablets |
Mobility | Stationary, located at fixed checkout points within physical stores | Offers mobility, enabling transactions anywhere within or outside the store premises |
Upfront Costs | Typically higher upfront costs due to specialized hardware and software | Lower initial expenses, making them more accessible to small businesses |
Scalability | Requires significant investment to scale up for multi-location businesses | Easier to expand across multiple locations due to their mobile nature |
Setup Time | More complex and time-consuming setup, involving installation and configuration of hardware | Generally quicker to deploy and won't take much time for setting up |
Maintenance Needs | Requires more maintenance and updates for both hardware and software components | Typically has simpler maintenance needs compared to POS systems |
Peripheral Devices | Incorporates a wide range of peripheral devices like receipt printers and cash drawers | Relies on built-in device features or external attachments for similar functions |
Customer Interactions | Designed for fixed customer interactions at dedicated checkout counters | Enables more flexible and personalized customer interactions throughout the store or on the go |
1. The major benefits of using an mPOS are minimal setup, security, convenient employee management, and fast optimized checkouts.
2. When setting up a shop in a new location, an mPOS needs little to no configuration.
3. Faster checkouts save more time for both the seller and the buyer.
4. The system is secure and reliable.
5. With the ability to check stock availability in the inventory, ordering and dispatching can be done without having to disappoint or abandon the customer.
We hope that you have come across the above sections and now you must have a thorough understanding of what exactly POS and mPOS do to streamline your business operations.
As you can see, not all businesses are alike. Each has different requirements.
It is essential to meet these requirements to be successful. There are many mPOS solutions and mPOS machines in the market to fit every business.
However, whether it is free or not, it is essential to carefully consider the features before choosing one.
Generally, the costs of using an mPOS system include hardware costs (devices), and a monthly subscription fee. Some software may be free but have paid versions that include premium features.
A system that lets you carry out functions with just a click or two is most efficient. Therefore, a simple system with an intuitive interface will be best suited.
This can save you both money and time as it’s easy to manage employees by assigning shifts and tracking their performance through the system.
The software should have a better uptime guarantee with a reliable and easily accessible supporting system, as well as secure databases to store sensitive information about the business. Features of Salesplay software can be used both online and offline. This enables the sellers to carry out business in offline mode as well.
A customer loyalty program is a unique feature provided by Salesplay Solutions. It enables the buyers to accumulate points with every purchase and redeem offers using a loyalty card. The merchant can track the buying patterns of their customers and retain the data to offer customized discounts and promotions. This increases customer satisfaction.
An ideal mPOS should allow centralized inventory to manage stocks in all branches, generate stock reports, and maintain transaction history.
Therefore it is important to analyze the cost-benefits of the available systems before opting for one.
Universal Compatibility- SalesPlay mPOS works with Smartphones, Tablets, POS terminals and Computers
Mobile App- Effortless management on the go with our dynamic mobile app is at your fingertips now.
Connect Printer-Connect a receipt printer/barcode scanner and cash drawer is convenient with SalesPlay
Multiple Locations- You can create multiple shops in stand-alone or centralized mode via SalesPlay mPOS to track sales, inventory, customers and staff data in one place in real time
One Dashboard in Your Palm- Centralized inventory to manage stocks in multiple shops and businesses
Realtime Tracking of Stocks- Manage multiple inventory-based actions such as TOG based on GRN by allocating to different shops within a few seconds.
Dashboard with Key Data and Filtrations- SalesPlay mPOS is capable of showing various filtrations and reporting types.
Sales Report- Track daily sales revenue, net profit, gross profit and discounts and keep everything under control with SalesPlay mPOS
With the SalesPlay mobile POS solution, your business sales needs are well-executed and streamlined as well and you are enriched with comprehensive insights into the sales patterns, customer care data, etc.
If you think of a 'new change’, SalesPlay is extending its hands to you to hold tightly.