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Retail Point of Sale (POS) And The Next Wave Of Disruption

Posted by Glenn Gibson June 30, 2016 at 7:00 AM

Smartphone and tablet-based mobile point-of sale (mPOS) terminals will handle 20 percent of all retail transaction value by 2021, a new study released by Juniper Research has revealed.

Juniper’s research suggests that the use of mPOS systems will account for more than 1 in 3 POS terminals by 2021, driven by larger retailers adopting mPOS as part of an array of point-of-sale options.

The new study found that mPOS will allow retailers to ‘queue bust’ in stores, reducing lines and developing more targeted campaigns as well as offering automatic ordering systems in restaurants.

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Topics: Retail POS

Beyond Retail POS: How Australian Pharmacies Can Boost Sales

Posted by Glenn Gibson June 23, 2016 at 7:00 AM

 

 

The Australian pharmacy sector is a $15 billion industry, employing more than 60,000 people.Yet, far from being a dispensary for medications, Australian chemists have aggressively expanded into the retail sector and are attracting increased consumer spending through supplements, fragrances and personal care items.

Terry White Group is leading the charge, reporting a sales increase of 18% in the first half of 2015-16 alone. CEO Anthony White told the Australian Journal of Pharmacy that the business’ retail arm is driving the growth. “Over the last few years we’ve invested in our systems, capabilities, CRM platform and private label range to drive our retail sales, laying a solid and sustainable foundation for our future growth,” he says. “We are now seeing the benefits of this investment – retail sales continue to be a growing component of the network’s total sales and now comprise almost half of total network sales ”. “This gives pharmacists a solid front-of-shop revenue stream, which is critical in offsetting the effects of reforms to the Pharmaceutical Benefits Scheme to ensure ongoing viability in this industry.” “Additionally, in-store efficiencies have improved, local marketing and merchandising activities are more efficient and pharmacists are now better able to focus on their customers.

 So how can Australian pharmacies attract customers and boost sales?

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Topics: Retail POS

Why Retail POS Is More Important Than Ever For Supermarkets

Posted by Glenn Gibson June 16, 2016 at 7:00 AM

News last month that Aldi had become Australia’s most profitable supermarket has sparked speculation about a pending war between the nation’s grocery giants. 

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Topics: Colour Printing, Retail POS

3 Ways Modern Retail POS Solutions Can Boost Sales

Posted by Glenn Gibson June 2, 2016 at 7:00 AM

Topics: Business Solutions, Retail POS

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