So, your POS (point-of-sale) system isn’t as robust, user friendly, adaptive or functional as you’d like it to be! You’re not alone. Most tobacco retailers share your pain. Over the last few years, there have been significant innovations in tobacco store business solutions. In fact, the software and hardware has come a long way since the traditional price-tag systems. The tobacco market is growing. Penetration in the African, Asian and American markets has risen by about 30% and the industry is expected to crest $1.08 Trillion by 2027*. Let’s find out what you can do to gain a piece of the explosive growth. Move your business, employees and cashflow forward. Today, we are going to share how you can find success in the demanding and highly regulated tobacco industry.
A Modern POS System Is Your Best Employee
How can you increase tobacco sales, empower your staff and grow your business now?
Important features like inventory management, loyalty programs, customer age verification, report generation and access and security offered by a POS system helps tobacco store owners like you to succeed and get a stronger foothold in the local market and the industry. Consider how these integrated solutions can help you streamline operations sooner.
- Integrated Inventory Management
- Customer Experience
- Reward Loyalty Points
- Set Permission Levels
- Barcode Scanning
- AVT – Age Verification Technology
- Reporting: Sales, customer data,
- inventory, profits,
- employee performance and more
- Digital Signage
4 Reasons to Incorporate an Integrated about POS System
STREAMLINE ROUTINE OPERATIONS
A POS system can help to streamline routine operations at tobacco shops. It can save cashier’s tons of time and effort that can then be put towards enhancing the customer’s experience. Additionally, it can help to eliminate stock problems caused by things like inventory wastage or theft.
ENGAGE WITH YOUR CUSTOMERS
Cigar stores can enrich the customer’s experience by offering personalized pricing on cigars, giving access to cigar lounges by offering rewards programs. It can be achieved by using an advanced retail POS system with a built-in loyalty feature.
With the help of a tobacco store point of sale system, store owners can keep track of everything related to inventory, from automating order tracking to creating and managing purchase orders, to managing vendors, real-time data reporting, and much more.
With digital signage solutions, it becomes easy for tobacco store owners to educate and inform customers about their products, deals, and promotions. Content on digital signage can also be updated
anytime and from anywhere using FTx Control Center, which can easily change digital menus and
display images from a single location.
“Analyzing your business is important before making any big decisions, and with a POS system, you can generate and export different reports sales, customers data, inventory, profits, employee performance, and much more.”
Tips To Manage Your Cigar Store More Efficiently
OFFER A UNIQUE RETAIL EXPERIENCE FOR CUSTOMERS.
An excellent retail experience will help you spread the word about your business. When you offer a unique retail experience to your customers, it will lead to your customers spreading the word about the brand among their friends and relatives.
PROMOTE ON SOCIAL MEDIA CHANNELS
Capitalize on social media marketing with our full service content creator, scheduler and monitor. Showcase your products, events and loyalty campaigns across the major social sites including Facebook, Instagram, Twitter, Google Business Profile and LinkedIn.
RUN EFFECTIVE AND SMART PROMOTIONS
We do understand that there may be highs and lows in any business. If there is excess stock, companies can develop effective ways of moving the product. You can consider giving promotions like post-holiday sales, deals, or giveaways to get rid of excess inventory in the best possible manner.
How Does Any Emerging Cigar Store Or Lounge Gain Popularity And Become A Preferred Place For People?
TARGET AN INTERESTED AUDIENCE
Endless scrolling on social media has given us all the knowledge that big brother is indeed watching us. Case in point, do a search for pizza and soon after up pops an ad for Domino’s.
So how does a business owner know how to target an interested audience, get their attention, attract them to his/her store, and make money? It’s all about how well your business is “digitally marketed” . Through GBP, Maps. SEO, targeted ads, social media interaction, and content marketing, owners can
reach a larger and far more targeted audience than they would usually.
START A REWARDS PROGRAM
It costs up to 10 times more to acquire a new customer than it does to keep an existing one. On top of
that, current/returning customers spend 67% more on average than new customers.
Research shows that 66% of loyalty program members modify their spending in order to maximize their
reward point accumulation. Are you missing out by not offering your customers a loyalty program that
keeps them engaged and invested in your business?
Integrated Loyalty makes it easy to participate in manufacturer loyalty programs, as well as create your
own loyalty campaign. Run an unlimited number of loyalty campaigns consecutively. Track and measure the effectiveness of your campaigns using Enhanced Loyalty’s robust reporting module, a unique, multi-tiered marketing platform where your customers not only actively participate in your promotions, they invite their friends and family to join as well.
Now that you know how a robust, fully customizable POS is your best investment, hire the experts.
Learn about our Loyalty APP, Inventory Management, Digital Signage and more! Your POS is just the FIRST step to a healthy bottom line. Book a consultation now to learn more.