Strategy & Consulting

What is Point Of Sale (POS) Software?

POS software is what brick and mortar retailers use to conduct sales. It’s sometimes a cash register, computer, or even an iPad where cashiers input your products, tally the cost, and conduct the financial transaction. Most POS software will also communicate with inventory levels to keep everything in balance. A lot of big box stores have wildly expensive POS solutions, some of which were custom built for their needs. Smaller retailers are moving away from these traditional POS systems and toward cloud based point of sale solutions.

What is Cloud Based Point Of Sale Software?

This is the newest trend in point of sale software, and is quickly growing in popularity. This system can be accessed directly from the Internet and is often compatible with most POS hardware (cash drawers, printers, etc.) Cloud based POS systems are less expensive, and they’re convenient because merchants can access customer data from anywhere with an Internet connection. This is great if you’re a small business who sells in a brick and mortar store, ecommerce store, and also does the occasional trade show or flea market. When you use a cloud based POS and link it up to your Shopify store your inventory automatically adjusts.

Moving Your Brick and Mortar Store Online

We hear from brick and mortar retail stores looking to sell their goods online all the time. It’s easier than most people think.
Last year we went to a store called Taylor Stitch. They’re a popular handmade shirt boutique in San Francisco. Taylor Stitch uses Shopify coupled with two easy-to-use apps to run their entire business. They use Shopify as their ecommerce software, Vend as their cloud-based point of sale software, and Xero as their accounting software. Here is a video we made while we were there:

Point Of Sale Shopify Apps

Shopify merchants have a couple point of sale apps that they can choose from. Either one of these will help brick and mortar retailers switch to an easier to use and more affordable POS. It will also help ecommerce store owners setup a point of sale system that they can use to sell at trade shows, farmers markets, and anywhere else they can make a sale.