Liquor Store POS Systems – All Features You Could (AND COULD NOT) Think of!
When you walk into a liquor store pos, what do you see? What do you hear? To answer these questions, many liquor stores have installed point-of-sale or “POS” systems—computers that sit behind the register.
These POS systems have all your personal computer features and are always scanning for card swipes and reprinting receipts. With such a wide variety of features available, there is bound to be something that will interest anyone in the market for a new Retail POS system on their business premises.
In this article, we will give an overview of the various features of some of these popular POS systems and how they could benefit your business operation.
What do Liquor Store POS systems do?
A POS (point-of-sale) system is a device that keeps track of the wine, spirits, and beer items a liquor store is selling and manages the transactions. The system keeps track of all the wine, beer, and spirits products a store has available and how much they have left. It also keeps track of the prices customers pay for each item. When customers order drinks, they get a receipt with their purchase information. If someone buys multiple items during one transaction, they get multiple receipts.
Several things happen automatically with systems:
- Billing customers.
- Keeping receipts for tax purposes.
- Storing information on who bought what and when they did it.
This POS system can be designed to do much more than that: it can be fully customized by businesses to fit their specific needs. It doesn’t necessarily have to just manage wine, though — many stores also use it for other products.
Features of Liquor store POS systems
Liquor store brick-and-mortar POS systems have been evolving for over 20 years. Most retailers in the U.S. are adopting new technology due to retailers competing on social media and online rankings.
Boost Sales with Product Recommendations:
POS systems enable liquor stores to add almost any feature they can think of. You can become an expert by integrating your database of notes from liquor manufacturers, wineries, and breweries (this advanced feature requires your setup and configuration). The liquor POS system can pull up the necessary information when a customer asks for a recommendation. With POS systems, you can position yourself as the expert and increase sales.
Customer Facing Displays:
Your customers can see the details of their transactions as well as promotional videos or graphics highlighting your current sales or seasonal products. A customer may decide to use one of your featured products.
As off-premises retail continues to grow, touchscreen technology has provided a new way of interacting with consumers. Rather than turning your back on customers, you can now be working around them without losing any customer interaction.
Integrated Sales Floor Management:
A major advantage that starting off-premise operations has is being able to focus more solely on sales floor management for better customer service and increased profit margins.
Real-time inventory management:
Many brick-and-mortar liquor stores do not know the inventory count in the store when they are open, which leads retailers to pay a lot more on inventory than necessary because it is very costly to order more of an item. This is the case for many liquor stores that still operate cash registers and have no way of tracking inventory in real-time.
The ability to attach digital signage allows liquor stores to display important information like happy hour information in digital signs throughout their store. Most importantly, this allows retailers to change the displays at will, something that not every retailer has been able to do due to space or cost restraints.
POS designed for off-premise:
An extremely important distinction between traditional Point of Sale Software and newer systems is that they have to be designed specifically for the liquor industry. Very few retailers have taken advantage of POS that is designed specifically for the liquor industry.
Reliable ID Verification
As technology advances, it becomes more difficult for liquor store pos owners and employees to tell the difference between a real ID and a fake ID. Before a sale can begin, the POS system for liquor stores requires all driver’s licenses or state ID cards to be scanned. The sale will be canceled if the system discovers that the potential customer is underage or that the ID card is not genuine.
Gift and Loyalty Programs
Liquor and wine make excellent gifts. It may be difficult, however, to always get it right when it comes to what friends and family members prefer. Your liquor store can help your customers give the perfect gift without having to guess what the recipient likes by providing a gift solution, such as gift cards. They make excellent gifts and can be used at the recipient’s leisure.
Payment Processing Alternatives
Customers’ payment options within your locations are expanding as retail and liquor store technology evolves. New payment methods are emerging in addition to traditional payment methods, such as cash and credit or debit cards.
A Strong Back Office Suite
Your back-office software must be used for all aspects of your liquor store operation. From employee scheduling to inventory management and vendor management, you need a back-office solution that is powerful enough to run all aspects of your business.
It is impossible to anticipate what the future will carry. However, as you plan and prepare, keep your liquor store tech in mind and what you will require to succeed. Retail Ecommerce is the future, and it would be prudent to invest in technology that not only assists with your liquor store’s in-store functions but also easily and efficiently integrates with one’s liquor store POS system to close both online and in-store sales.
Business owners can benefit from liquor store POS systems in a variety of ways. Liquor store POS systems make it easier for business owners to manage their stores by automating tasks and tracking inventory. Furthermore, liquor store POS systems can help boost sales by making it easier for customers to buy items.