How Guided Selling Kiosks Work and What These Kiosks Can do for Retail Stores

On a very simple level, guided selling kiosks are computerised kiosk machines that are located in retail stores to help customers to make decisions about purchases. Guided Selling ensures an optimal buying experience by intelligently walking customers through a set of key questions to determine the customer’s specific requirements, preferences and priorities. Guided selling helps consumers get to a targeted list of products based on their answers to a series of questions shown on the kiosk screen.

Guided selling kiosks are great for customers because they provide access to information, available products and product information as a catalogue would, but they can also include previous customer’s product reviews to help the customer make an informed decision.

You might assume that most customers nowadays research their purchases online before visiting the retail store. However; according to the Government statistical bulletin ‘Internet Access – Households and Individuals, 2011’, only 77 per cent of households had Internet access, rendering 33 percent of households unable to research purchases at home. Therefore; guided selling kiosks provide a premium buying experience for all customers but provides a key tool for those households without internet access.

Guided selling kiosks are also fantastic for companies. A guided selling kiosk can easily be branded and integrated into the store environment and the information that the kiosk holds can be updates quickly and easily from a central computer, all perfect for the company from the running side of things.

However, guided selling kiosks also increase sales whilst lowering costs. Guided selling kiosks provide a dynamic user experience that consumers control the length and depth of their online consultation, ensuring that each prospect receives product recommendations with the appropriate level of preparedness; guiding customers to a buying decision thereby increasing the likelihood of conversion. Furthermore, because the your retail outlet provided the guided selling kiosk and information, the customer feels confident with the transparency of the information provided, which in turn makes them more likely to make that purchase from your store.

Whilst at the other end, the kiosk cuts down on costs because specialist sales people are no longer need. Since customers, dealers and sales representatives have direct access to all relevant knowledge and information, the dependence on others, such as technical specialists, is reduced.

Additionally, guided selling kiosks can strike whilst the iron is hot, taking chip and pin payments for goods and up selling extended warrantees on electrical goods whilst the customer is still accessing the kiosk. This pay at the kiosk service can be packaged as a ‘quick service’ or a ‘discreet service’, but essentially makes the conversion before the customer leaves the kiosk.

Many of the large branded companies are seeing the benefits of guided selling kiosks and more and more are being installed into retail stores. Not only are guided selling kiosks increasing sales in store, but they are also retaining customer information for future marketing campaigns and providing customer satisfaction feedback and product reviews to assist and build the confidence of future customers.

Retail Purpose Of Sale – 3 Benefits Of Retail Pos Over A Money Register

When you are just obtaining started with a replacement retail business and are wondering whether or not you should install one or more retail POS software and retail POS hardware, then in this text we tend to will discuss 3 distinct benefits of retail purpose of sale, POS, resolution over the usual money register solution.
These blessings are: Instant feedback on sales and expenses, Shrinkage reduction and Sales incentives. While the revealed logic knowledge suggests you ought to only install such POS systems when your annual sales exceed $700,000, I can offer a totally different suggestion: Check these following points and if you’re feeling that your installed retail POS resolution can a lot of a lot of than obtain itself over the subsequent year or so, you should install a POS system in your business.
Instant trend recognizing
With most trendy retail POS systems you can have instant access to sales and expense information from your stores throughout the business hours. You are in a position to collect pertinent trends as of sorts of items being purchased at any given time of day, coupons presented and redeemed at any given time, sales performance of staff, and much more. As the information are instantly obtainable and input into your retail POS accounting back workplace software, you’ll currently spot trends as they happen, not after they’re long gone. Catching a trend whereas it is still in impact can cause a very powerful boost to your bottom line profits. In addition to day-to-day trends you’ll be able to spot weekly, monthly, and seasonal trends as well. There’s no want for messy downloads and duplicate and paste into spreadsheets. By employing a retail POS system, your data will be where you wish it for the calculations and for trend spotting, instantly.
Shrinkage reduction
As shrinkage due to customer theft and employee theft is one of the key expenses in most retail businesses, the modern retail POS technology has been geared toward preventing shrinkage. Suppose you have a person who you believe of stealing cash from the money register. With a solid POS retail system, it will be simple to correlate that person or persons work schedule with the minute-to-minute sales information. Combined with put in security camera information, a modern POS will be a significant shrinkage deterrent.
Straightforward implementation of sales incentives
On the opposite hand, sales incentives are simply implemented with a fashionable retail POS solution. Each setting up the coupon campaigns and redeeming client coupons is very simple, which can help boost sales. Likewise, as for the staff performance, their sales numbers are simply tracked through a POS system, and a commission structure and payouts will be revealed daily. This data will facilitate increase sales through clear and timely incentives.

Advantages of Barcode Scanning in Retail Outlets

Effectively tapping the potential of barcode scanning can help retail outlets to better manage their resources. With the advantages of barcode scanning, like faster data capture, accuracy, and automatic identification, retail outlets can increase their operational efficiency, accuracy of inventory tracking and stock levels, workforce productivity, and provide better customer service. Also, barcode scanning ensures efficient point-of-sale management, faster customer checkout time, and better inventory controls.

Easy To Identify Faster and Slower Selling Products
Barcode scanning facilitates quick identification of faster selling products in the retail outlets. These faster selling goods can be immediately replenished to maintain adequate stock levels and meet the customer demand. Knowing about faster selling goods can help to reduce revenue loss due to out-of-stock product and provides a competitive advantage. Similar to fast selling goods, the slow selling goods can be easily identified by barcode scanning. This helps to maintain low-levels of such slow selling items, eliminate unwanted stock, and better manage inventory investment. Scanning barcodes can help monitor the display position of products thus allowing fast selling products to be placed in better locations in store.

Quickly Change Pricing Models
Selling the products at right price is crucial for any retail outlet to increase its profitability and bottom line margin. Barcode scanning provides crucial inputs in the form of buyer shopping pattern information that helps to better know the customers and their buying habits. This information can help retail outlets to quickly change pricing models to appropriately price products and ensure a healthy profit margin that covers the entire cost.

Provides Quick Information
Scanning barcodes ensure quick information gathering in real time that helps to increase the efficiency of business processes. As quick information is received, it facilitates timely and informed decision-making by the management. Retail outlets can ensure faster customer checkout time and better customer service as information is quickly processed at point-of-sale. Quick and accurate information about the products is received each time barcodes are scanned electronically.

Timely and Cost-Effective
Barcode scanning ensures retail outlets receive crucial information in a timely manner, which in turn facilitates faster decision-making by the staff at the counter itself. Also, the staff can provide better service to the customer. The management can make timely and informed decisions as crucial data is received at the end of the day. Barcode scanning is also a cost effective way to increases workforce productivity, efficiently manage data, and reduce labor and operational costs. Barcode scanning provides immediate access to inventory information that can be used to reduce excessive inventory levels and save costs.

Reduces Labor Costs
Barcode scanning ensures efficient data collection that reduces labor costs as barcodes eliminate the need for manual entry of data and automate the routine manual tasks. Barcode scanning can help save checker time that further reduces the need to have more employees. Thus labor cost is reduced as less time will be spent on miscellaneous activities. Barcode scanning provides many benefits like faster data capture, more accurate data, automatic product identification, reduced error rates, and elimination of manual entry of data.

The operations in the front-store, back-office, and warehouse sections of retail outlets can be significantly improved through barcode scanning processes. Barcode scanning can help retail outlets operate with better efficiency and reduce costs by ensuring better inventory control, better decision-making, faster customer check out time, automated reordering, and more.

Music retail market

I know the title of this essay looks a tiny bit weird but stick with me and I’m going to explain all. In this post you will learn the no1 way you can increase your fan base and build a successful music career…starting at this time.

After I stopped listening to Music promoting Gurus who had not done anything in the music game and started to follow and learn ninja skills from folk who were actually making millions of greenbacks online, everything became far easier.

Now all I do is copy what these fellows do to make so much cash then transfer it to my music.

So here they are , the top two things musicians can find out about marketing from the old school web marketers…

Free Traffic is Best.

For the music marketeer you truly want to be going after a free traffic model in your business. The cause of this is that most indie music artists are on a restricted budget and if you are spending cash everyday on advertising you may probably go out of business.

the right way I know to get free traffic to your site is to post a video to YouTube everyday of your group covering a current chart hit. If you keep at this it’s guaranteed free traffic for life!

If you believe your band is rubbish?

I find the reason lots of bands and artists fail to make any headway in their career is they do not trust in their own music and think that there’s no way on earth that they could ever make it in the business compared to other artists like lady Gaga and such.

But if you’re rubbish that’s OK, just fess up because i have a secret sauce you can add to your music which may leave you 10 times before most other artist if you just implement it every day.

The technique goes like this….

So the simplest way to become great in music is to spend half an hour each day writing new stuff. I’m going into the bathroom with my iPhone and get the ideas down on tape without editing anything out. I just sing and play whatever on earth is in my head and set my iPhone timer to half and hour in order that I do not have to keep consistently taking a look at my watch.

Doing this I have more songs than I know what to do with and after a month I am able to really notice that the standard of my music is much better than when I started.

It’s cheesy but I believe each great singer or guitar player started being rubbish and because they practiced every day they where in a position to bring the standard of their stuff up to standard.

Final thoughts.

I could go on all day about these new music selling strategies but I need to finish this articles here. The important thing you should take away from this is that you’ve got to become a student of selling and work on your promotions each day.

How Do Local Retail Businesses Fail What Can You Do

Many retail businesses fail because of bad planning when they first open their store. They dont take precautions or manage their budget according what they actually need in office leasing. When youre looking for retail space, there are plenty of things to keep in mind. Like how many shelves you will need to display your product. How much aisle space you want to give the customer so they feel comfortable?

You need to take these things into consideration because if a customer is browsing down your aisle and they start to feel claustrophobic because of the space between aisles, then that is a lost customer. When people dont feel comfortable in your store, youve lost business and also repeatable business. When you go to any major retail outlet, you will see that there is enough space to comfortably with yourself, others, and a shopping cart.

The amount of space that you decide on will make or break the starting success of your business. If you get too much space, then youre wasting money, and it will be harder to fill up the store. Customers dont like to see vacant space. Imagine walking into a store where only half of it was filled with product. Would you trust the venue? If you get too little of space then you run into the claustrophobia problem. What you want to look for is something just above the middle so you can allow yourself to expand.

When you lease just a little more space than you need, its easy to fill up the holes with banners and advertisements for great deals or offers. Then when your business starts ramping up, you can fill those holes with more product and ability to sell.

Top stock is a very important thing to consider when you have a retail outlet. Some of your inventory may not sell as well as you were hoping. You bought too much of it and you need to put it somewhere. Usually on the shelves in retail stores, you will notice the very top of the shelf is where the overflow or top stock goes. Make sure you have room for overflow, because if you have product lying around your store, people will not take you seriously.

As time goes by and you the amount of space that you have supersedes where you are now, be sure to keep all of these values in mind. When you become successful and profit is high, you may feel like you want more and more space, but you need to be sure you arent taking more than you can handle. People dont like to see empty space no matter how big of a chain you are, and it only helps you when you take these kinds of things into consideration. Absolutely do not take the amount of space that you have in retail over the amount of space that you have for customers.

Industrial Painting Answers for Retail Shops

Whilst residential complexes can be completed at an easy pace and entails significantly less volume of paints and workers applying it, painting a industrial complex demands a lot of seasoned function, considering and the worst bit is, it includes a deadline. When it comes to obtaining the finest folks for a task, you need to outline the parameters of the perform circumstances. When dealing with a residential painting job, the first parameter could be a minimal budget.

Seasoned fingers price tag you money so you may well want to operate on who would be undertaking a bulk of the function. Appear to neighbors and close friends in this sort of a circumstance. References are the finest way to go about a residential paint position. Appearance for labor in your budget limits is possibly what you want to do promptly so that you never waste much time. The following thing to do is negotiate charges with the possible candidates who can take care of your painting position.on.

You could talk to these who have referred you to them to get a rough strategy of how considerably you can discount. Insist on acquiring your individual paints and also set perform hours according to the ease for the two parties. Make confident you seem at quotations for charges from at least two-three sets of people who can do the position to assure you are not staying swindled. The moment all that is performed, you are all set to go with only the true career left to be performed.

In circumstances of commercial complexes, you could or rather you need to get in touch with in a correct industrial painting business. Florida painting organizations are out there in countless numbers and a basic search at the yellow pages or a research on Google will yield all the names you need to have. The subsequent bit is contacting the men and women you want to work for you and negotiating terms of the deal. This would be followed by a proper value quotation which you would want to cross test with other bids in order to get a fair pricing. The following aspect is a bit a lot more tedious than what you have carried out so far.

You have to sit and come to a decision on a common deadline which they will want to function by and also get into details of the considering down to every last very last single piece of information and facts about their schedule so as to assure it doesn’t clash with the day to day routines of the commercial complicated inhabitants. The previous element features gaining them to indication a contract with all the facts of the task incorporated into it, only to bind them to the agreed terms.

This is necessary merely mainly because they will need to not renege on the terms at a later date. With all this taken care of, you are last but not least all set to go. A person issue is for confident though, and that is, residential or commercial complicated, obtaining a paint career carried out is tedious do the job!

Locating a painter, specifically the one particular who can fully grasp and fulfill your conditions, is 1 of the hard tasks you accomplish when it arrives to the renovation of your house. You lookup, you discount and then you select.

Howdy to all of you. I really hope all is well. I just want to say that i’m thrilled to take part in this unique group, and looking forward to looked over some intriguing articles.

Do it Your self Faux Complete Painting, Faux Paint Finish Can Be Partly Wiped On And Off, Or Manipulated In Other Approaches

Everything You Need To Know About Retail Display Stands

When considering a presentation to perspective customers, retailers are always trying to find new ideas. While often challenging and hard to create, it’s a pretty straightforward goal. Even with years of retail experience and extensive industry knowledge it might still be challenging to predict how customers will respond to the products you have available. You should present your products in a professional and engaging manner. For this reason retail display stands, shelves, and racks are very important. Organizing traffic flow inside a store setting is all but impossible to accomplish if not for the necessary items.

Physical retail environments rely on carefully arranged shelves, stands, and display cases. Directing the flow of foot traffic in the retail store is managed with experienced sales agents who understand this concept. Not only to assist in inventory control procedures, placement of various shelving and cases not only highlight sales items but encourage overall purchasing.

A sales environment for just about any business is going to be built on empty floor area. The retail display stands along with other organizational units that are added to that space will encourage customers to take a closer look at what items are available for purchase. The arrangement of shelves and stands helps present a streamlined and organized that makes browsing easy.

Products placed at or just below eye level that grab your potential customers attention is arranged perfectly as they walk through your store. The goal of making it easier to sell products will likely be achieve if a customer is able to navigate effortlessly and pick up the readily visible items. You can even use display stands to spotlight products of seasonal interest or draw attention to items on sale for a limited time.

Just about the most important functions of display stands, shelves, and cases is inventory control. Taking everything under consideration, a store must be able to control loss as well. By Strategically placing goods that are smaller in size and easy to conceal within direct eyesight of the sales counter will discourage theft. Small items should be kept near any area occupied by a sales clerk or other employee. Large items which are heavier and more challenging to hide can be placed on shelves that arent in direct sight of the clerk.

There are various styles and types to choose from when selecting your display stands. Many stands are modular, meaning they can be disassembled easily and rearranged into new configurations. Retailers with limited available space will often decide on utilizing these modular units for their potential variety. As an example, if a particular display isn’t doing its job as you would have hoped, these modular stands could be re configured and changed.

For the more extended use in a single location, non-modular units are those which can not be changed. Generally heavy, these products cant be changed however they are able to be moved. These units are normally well designed and great looking. A kind of display that is actually built into the building’s structure is what is known as permanent sales display. Typically only large retailers have these types of displays.

The success of any organization is dependant on choosing the right retail display units. The arrangement of the display units is also very important. Promoting foot traffic, managing inventory and encourage purchasing is going to be accomplished with the right organizational and retail display stands.

Reasons (Not) To Set Up Retail Business Premises This Year

If you were presented with only the following two options and you had to choose one of them, which one would you choose?

OFFLINE TRADING – If trading offline is your intention, you simply cannot just concentrate on the building premises alone as that’s just the start of it. Before acquiring retail business premises you’ve got to give consideration to an extensive list of other important issues…

Rent Rates Insurances Lighting Display Stands Shop-Fitting Flooring Cleaning Contracts Maintenance Contracts Security Contracts Staffing Health & Safety Fire Prevention Fire Fighting Equipment Fire Alert Devices Anti-Theft Alarms Theft Prevention After-Hours Alarms Communications Devices; telephones (landline & mobile) Computer Systems Utilities Staff Training Facilities Point-Of-Sale Equipment Bags & Wraps…

…and that’s just the beginning as we haven’t even got around to the subject of your actual stock, yet!

Also, with business premises, you’re guaranteed that for each and every month you’re in business you’re going to be paying out two sets of bills;

Business Premises Expenses; electricity bills, water bill, gas bill, rates, rent, insurance, etc. AND your regular Household Premises Expenses; electricity bills, water bill, gas bill, rates, rent, insurance, etc.

Before the true costs of ‘retail’ premises can be fully realised, a great deal of small businesses go under simply because the owners have allowed themselves to fall heavily in love with the ‘idea’ of owning business premises without taking into account all the ‘hidden’ expenditures involved. To tell the truth, it might make far more financial sense to invest in a second home and here’s why…

Open or Closed?

Let’s say you operate a retail store that opens its doors from 9am to 6pm each day, 7 days a week. At 9 hours per day, that’s a maximum trading time of 63 hours per week or…

…3276 hours per year.

What this really means is that your store is closed for 15 hours per day, 105 hrs per week or…

…5460 hours per year.

You’re paying one whole year’s rent, rates, insurances, wages, etc, for a store that’s closed for over 227 days per year (not including calendar holidays). That’s two thirds of the year! Does this make economic sense? At least you get the choice of using your second home 24 hours a day!

ONLINE TRADING – If the idea of online trading sounds a little more ‘risk-free’ to you, you’ll be happy to know that with online-based income projects you rarely have to experience the same staff, premises, stock or insurance-related issues as you would with a regular ‘bricks-and-mortar’ business.

Open All Hours

With an online business you’re operating 24 hours per day – so you’re not only minimizing your initial set up outlay, you’re also maximising your trading time. Do the math – less expenses and more exposure leads to greater earning potential.

Your ongoing business mission? To minimize your outlay in ALL areas, maximize your trading time and promote widespread awareness of your offers. In future articles, you’ll hear real-life examples of ‘WebCrafters’, (as I like to call them), who regularly use their web presence to save time, money and effort whilst continuinally increasing their business revenue through automation.

Workplace Drug Testing – Things Employers Should Consider

Workforce plays an important role in keeping the business productive. Therefore, it is important that the workforce is healthy and is away from the influence of illicit drug-abuse. For this employers should monitor drug use amongst their employees by conducting workplace drug testing.

Why workplace drug testing? Employers are responsible for providing a safe working environment. It is, therefore, their job to make sure that the workplace is free from drug abusers.

Employers should consider compulsory drug testing when hiring an employee. This is likely to prevent drug abusers from entering the workplace. Not only the new employees should undergo drug testing, but also the existing employees should be tested. Employers should undertake drug testing at workplace as a preventive measure.

Things employers should consider While it is sensible for employers to make workplace drug testing as a matter of safety, it is also important for them to consider certain things that are listed below.

Risky nature of job: It is important to consider the fact that not all jobs have the same risk. This brings difference in amount of risk that various jobs have. For example, people who are at a construction site are more prone to face casualties than those who are at a retail shop.

Check State laws: Before employers frame rules on workplace drug testing, they need to check at State’s Labor Department, if any limits are set by State laws. This is because not all States permit workplace drug testing, particularly random drug testing.

Frame drug testing policy: After employers are sure with respect to State laws, they should have a drug testing policy in place. To ensure employees are aware of this measure, circulate it widely. This will help your employees understand the importance of drug testing.

Clear perspective: Employers should have a clear perspective on the implications of a workplace drug testing policy. Be open to suggestions that employees might come up with. In other words, the policy should be flexible. This is likely to give a feel among employees that the employer is responsible for their well-being. It also helps you manage the risk of drug-abuse at workplace.

Conduct random or/and scheduled drug testing: Make sure to have a plan when to and how to administer drug-testing. Having a program will make it easy to execute. While deciding the type of drug testing, random or scheduled, it is important to list employees who need to undergo the drug testing.

Use drug testing kits that are reliable: Use kits that are safe, fast, accurate, easy to use and that does not need professional help. These kits should meet safety standards under SAMHSA and FDA recommendations.

An effective drug testing program at workplace not only promotes a safe environment, but also increases productivity and efficiency of employees.

Drugteststrips.com is an online store offering reliable and FDA approved drug test kits at affordable prices. Our marijuana test kit can detect thc in a urine specimen without the use of additional instrument. The marijuana urine test is a simple to administer dip-and-read test and is designed to detect marijuana in urine. Visit our website http://www.drugteststrips.com for more information.

Proprietary Trading Firms Cater To Scalp Trading

Scalp Trading is a word that is thrown around a great deal any time you hear day traders chat but really scalp trading is an unique technique of day trading. It is a type that entails a large frequency of order tickets using a revenue target of only a few cents. The profit occurs from the size of the orders. An ordinary scalp investor at many of the Proprietary Trading Firms employs around 5,000 and 15,000 shares per position with the bigger investors going upward to 200,000 shares for each position. This technique of investing is not really commonly done by retail traders on retail accounts for 2 significant reasons, excellent price structure and particular order routes.

The ” transaction fee ” structure in which the average retail broker offers you is too steeply-priced for this particular style to be possible. Most retail brokers will provide $6 to $7 per one thousand share trade with the best offers close to $5. A scalp trader needs to be capable to gain money from simply an one penny move. So even with the best retail deal of five dollars, a 1 penny shift would earn you $10 but would cost you $10 ($5 to buy and $5 to get rid of) in commission rates which would leave you zero net profit. At a Proprietary Trading Firm, investors can obtain a commission structure anywhere from 30 cents to $1 per one thousand shares. Now if you add it all up: an one penny move with one thousand shares grosses $10 however will merely cost you sixty pennies to two dollars which of course presents a much more attractive net profit margin.

This takes us to ECNs and who we should really be routing your orders through. If you add liquidity to the order book also acknowledged as the level 2 then usually the ECN you routed to will furnish you a rebate. However, if you remove liquidity from level 2, the ECN will charge you. One could be pondering precisely what does it mean to remove or add liquidity? Well as an example; suppose you want to shop for a vehicle. You open a car trader magazine. In the front area of the magazine are ads from individuals who want to buy vehicles. They are showing the mileage and price they are willing to pay. Now in the back section of the journal are folks advertising cars for sale. Well you might be questioning why don’t the folks in the front part of the journal speak to the people in the back part of the journal? This is due to the fact there is a difference in price amongst what the buyers want to purchase at and the sellers would like to sell at. Now these folks whom have put these adverts in this auto magazine are all adding liquidity. The people whom read the magazine and ultimately either sell their car to one of the purchasers or obtain a vehicle from one of the sellers are removing liquidity. This is how the stock market operates and the left side of the level 2 screen is like the front part of the car magazine and is referred to as the “BID”. The right side of the level 2 screen is similar to the back area of the car journal and is referred to as the “ASK” or “OFFER”.

I pointed out before the ECN routing. So just what is an ECN? ECN is an abbreviation for for Electronic Communication Network. When you look at a level 2 display you will view numerous ECNs, Exchanges and Market Makers at each price level and it is your choosing which one you dispatch your trades to. Your choice will be dependent on how quickly the route can fill your trade as well as how much it will cost you or how much your rebate will be depending on whether you are adding or taking liquidity.

Special routes: A number of routes will fill you very promptly but will still charge you even though you are adding liquidity. It is these kinds of routes that retail traders trading with retail accounts don’t possess access to. Traders at Prop Trading Firms will have access to these routes allowing them an advantage over the competition. These special routes are not crucial to become prosperous in scalp trading although they do help make the job significantly simpler.

Now that you know what scalp trading is, you will need to learn the required tools. The most necessary tool is your platform. You will require a Level 2 Direct Access Trading Platform which there are many to choose from.

You will furthermore need a news service such as Briefing or Trade-The-News. When scalping, you must be viewing a small number of stocks. They must be lower priced and possess very good volume on the Bid and Ask.

For each one of the stocks you view you ought to have a level 2 display along with time and sales. Also, you ought to have a daily chart for each and every one of the stocks you watch. Believe it or not, the daily chart is the most critical chart for intra-day traders, which furthermore includes us scalp traders. Last but not least, you need to have a 5- and 15-minute graph of the general market. To see the market, the Standard and Poor is ideal. You can observe this by monitoring the ES futures or the SPY. There are additional things you may desire to include to this set-up which I will write about within my next article, but the above are the most recommended.