May 2019

Mon Tue Wed Thu Fri Sat Sun
29
30
1
2
3
4
5
 
 
 
Wed, 01/05/2019 Wholesale liquidation ** Flash sale

Wholesale clearance

 

If anyone is interested please let me know as we have about $12,000 worth of Hallmark stock from a former newsagent that closed down, in brand new condition that we want to unload. Any reasonable offer is acceptable. FOB Melbourne.

Hallmark cards

 
 
Wed, 01/05/2019 Excessive discounting

Sale by discounting

 
 
Thu, 02/05/2019 Password Day

World password day

This is one of these fun holidays celebrated on the First Thursday in May every year.

It was created to awareness of how important it is to take care of your passwords. In my experience, all data breaches, that I have seen and I have seen quite a lot has been caused by bad password security.  

 
 
Fri, 03/05/2019 Backing Up To Cloud

Cloud_point_of_sale.jpg


What it enables you to do is backing up your data, to an online storage service. Popular services include Dropbox, OneDrive (which is my favourite) and Google Drive.

 
6
7
8
9
10
11
12
 
Mon, 06/05/2019 Cheques remember them?

Bank slips

If you want an example of how quickly the economy is moving, look at cheques? 

In 2015, when I looked at a few of my clients' information cheques made up about 20% of all payments. Since then it has dramatically fallen. 

 
 
Tue, 07/05/2019 Website for your business

 
 
Wed, 08/05/2019 Your duplicate supplier costs

In a survey in the last "Global Retail Theft Barometer" is released, which is the most significant and authoritarian report in the world on shop theft and supplier losses in retail businesses, it came up with a percentage breakdown in Australia by type.

 
 
Thu, 09/05/2019 Bitcoin

Bitcoin accepted here

 
 
Fri, 10/05/2019 i5 vs i7 computers

Now as it is coming close to the End Of Financial Year when people often decide to upgrade their POS computer systems, many people are wondering whether to buy a cheaper i5 or the faster i7 computer or whether to splurge on the i9. Now there are several technical advantages that the i7 and i9 has over the i5, eg  Hyper-Threading which will give a significant performance boost in point of sale software processing.

 
13
14
15
16
17
18
19
 
Mon, 13/05/2019 Barcode scanning

Here are seven tips to improve your barcode scanning rates at the point of sale.

Experiment with your scanner what height it reads best the barcodes that you use. This will vary depending on what barcodes you use and your barcode reader. Take a few items, try and scan them and see what works best.

 
 
Tue, 14/05/2019 Free website checking report

Free checks!

We have recently purchased for our website business, a professional web site checking software that can audit websites. What it is designed to do is check for problems in a website such as these sort of errors. Besides making your website look unprofessional, it will hurt your internet traffic.

 

Error 404

 

 
 
Wed, 15/05/2019 Cost of paper for your receipts

 

 
 
Thu, 16/05/2019 TOY and HOBBY STORES

Our point of sale software is one of the most popular systems used by Toy and Hobby sellers in Australia. Which is quite an endorsement as very few systems in Australia, in my view, can handle Toy Stores.

 

One of my clients here invited me to the little war expo in Melbourne which is advertised and almost certainly as the "premier event for wargaming in Australia". It was packed when I came.

 
 
Fri, 17/05/2019 Shopify

Today in modern retail, a shop can make many extra sales by extending itself into the online space. This is because many modern customers want to choose when they want to buy?

This is where modern retail is heading!

 
 
Sun, 19/05/2019 Australian Federal Election 2019

 

I have a question!

 

This is a prediction made from an *expert* the day before the election.

Labor to win by about 11 seats! This was a typical prediction.

 

Australian Federal Election 2019

 
20
21
22
23
24
25
26
 
Mon, 20/05/2019 Make a simple hamper pack name

Research indicates that customers want simple rather than complex and if it starts to get too complicated that many people tend not to choose, so giving you a no sale rather than a purchase.

Now with this in mind, consider if you make a hamper or pack name.

In stock pricing, you will find this under hamper packs. See the green arrow.

 
 
Tue, 21/05/2019 Alipay now available

What they are doing now more are paying by debit card and the new alternative methods. Of the alternative methods, the fastest growing is Alipay. Although I have no current figures, about a year ago in 2018 10,000 merchants around Australia were offering Alipay as a payment method. 

What has been happening is that consumers in Australia have been rapidly changing from cash to other forms of payments. 

Payment_method

 
 
Wed, 22/05/2019 Retail Inventory - Buying

Price changes history

 

One of the most time-consuming tasks and daunting tasks in retail is setting the right price, the next is trying to justify your prices to a customer who comes in and suddenly makes an issue as what the price of a product was and why now is it different. Another example would be a supplier rep who is now in the store or phone, and you need to check old costs.

 
 
Thu, 23/05/2019 Boarding pass to Mars

NASA boarding pass

NASA's Mars 2020 Rover is heading to the red planet and if you click here you can submit your name and it will be stored on a memory chip in Mars when it arrives.

Makes a nice gift for someone.

It is a shame we cannot convert these frequent flyer points to QFF or Virgin?

 
 
Thu, 23/05/2019 ABC Analysis and 80/20 Rule

You have probably come across the ABC inventory analysis called often the 80/20 rule or sometimes the Pareto Principle.

What it is, is that no matter what you measure, website hits, advertising expenditure, pilot kills in war, shop sales, political influence, etc. It all seems to come down to something like this that somewhere about 20% of the total gives about 80% of the results.

So everyone wants to find the 20% because that is giving almost all the results.

 
 
Fri, 24/05/2019 Grow your store with our powerful POS Reporting

All major retailers, when you meet them one report that you see that they use all the time is a comparison report of what they did in the last previous period, to the same period last year. So what they will show you now is a report that shows the year 2018 Q1 compared to 2019 Q1 and a column of percentage changes. Then the question they will discuss what was different, why did these figures change?

We have written a report almost exactly the same as one produced by a major retailer to give our clients this report. It is called the dissection comparison report.

 
 
Sun, 26/05/2019 Urgent XP update

 

 

 
27
28
29
30
31
1
2
 
Mon, 27/05/2019 Computer chain security

Laptop security chain

 

What is popular now is to link into your point of sale system a laptop rather than a desktop. The cost is a bit higher, but it has a heap of advantages, e.g. you do not take over a computer at work, it is easy to move where you need it, and you can easily take your work home with you. I have been to meetings where we all have our laptops in front. It is the in-thing now.

 
 
Tue, 28/05/2019 Your EFTPOS soft costs

 

Soft costs in EFTPOS and credit cards are extra costs that you have but are taken into account formally.  But I do suggest that you run through them as they do add up.

Examples would be

Incorrect keying in of information

A sale of $23.44 is incorrectly processed at $13.44, well that is a $10 cost. If your business made 10 of these a month, your soft cost here is $100/month

 
 
Wed, 29/05/2019 Emergency and Instant language translations for business

We went to see a Chinese person whose English was reasonable. However when we started on their business requirements, it quickly became apparent that his English skills were excellent for coffee and tea and general discussion, but as the conversation moved into some extremely technical details for their accounting and computer requirements, he could understand but speaking he had a lot of difficulties. So how do we communicate? 

If this happens to you too, here is a tip.

 
 
Thu, 30/05/2019 Security of your information

This is the image many people have of how people are stealing money out of their point of sale software. There is much truth to this but as an example a few days ago showed with one of my clients the main problem is that it is not high tech people the big problem but that people are not taking security seriously enough.

 
 
Fri, 31/05/2019 Basket size by hour

There is a lot of info in your point of sale software, that is interesting to know and cost you nothing to get. Its a freebie so to speak. Here is one.

Basket size by hour

 

Go to End of day > Reporting > Average Basket size by hour

Now put in a date 

See how the basket size varies in your shop by the time of day.

 
 
Fri, 31/05/2019 7-Eleven launches Australia’s first cashless and cardless convenience store

7-Eleven will open in Richmond in Melbourne what may be the first “cashless and cardless” store in Australia on Wednesday.  

The store has no counter. What the customers will do is choose what they want from the shelves, scan the item's barcode into the 7-Eleven app. It will then automatically go to their debit or credit card.

There have been some trials in their Exhibition Street store in Melbourne and based on this 7-Eleven are stated that the checkout time for a customer would be measured in seconds.