Your clothing store is a direct representation of your creative personality. Designed with a precise idea of what customers you would like to attract, the atmosphere, layout, and products you carry have been essential elements in building your success. But that is not to say that you have had hurdles to address in a timely fashion. You will want powerful tools in your pocket to help address any obstacles in your path to success so you can get back to pampering your clientele.
Point of sale software for clothing store owners is designed to meet the challenges that are a distinct part of your industry. The functionalities that innovative POS technology can introduce into your store will offer you better resilience as well as showing a proactive front to your customers. These will deepen the relationships you have worked hard to establish and will give you revenue and productivity boosts behind the scenes.
Before you dive headfirst into the world of retail POS solutions, there are a couple of specific cases that you should examine. You will be able to see how these common pain-points for clothing shop owners can be addressed by POS technology. This will allow you to develop a better understanding of your POS options and will help you in selecting the best POS consultant for your needs. You will then find yourself with a comprehensive POS solution that fits your business model like a glove.
Case 1: Syncing Sales and Inventory Data for improved Predictive Analysis
Regardless of the industry you are in, you must have continuity, compatibility, and security built into your data. A big obstacle for many clothiers is having the data at the register match the data within the inventory. Data integration is a huge issue that is solved through the use of advanced POS technology. An innovative POS software platform will seamlessly integrate data from all points of your business and store them in one, easy to access, place in the cloud.
The most exciting benefits of leveraging this form of data management are threefold:
- Cloud-based storage secures data. Storing data in the cloud presents you with stress-free data management. You no longer need to worry about the physical security of your data, and cloud-based POS solutions provide instant data accessibility via an app or web portal.
- Consistent data means accurate predictive analysis. Having data that is in the same format and automatically integrated means that you can identify trends or potential points of inventory leakage at almost the precise moment they begin. This makes it possible to quickly re-align your offerings to stay a step ahead of the customer while reducing losses due to mishandled exchanges, returns, or voids.
- Personalized shopping experiences. Predicting the future using your data allows you to wield a powerful tool: individualized shopping experiences. Sales and promotions can be created and advertised down to individual customers. This shows each customer the value they possess to your business and projects a willingness on your part to ensure that they can save money on their favorite items in your store.
Case 2: Using Customer Data to Strengthen and Automate Inventory Controls
With your data now synchronized across all areas of your business, you can now dive into what is perhaps the most perplexing task facing clothiers: inventory management. Data is a powerful ally in the ongoing battle to keep track of everything you have, as well as to see into the future. The way you manage your inventory has directly reflected the customer in a number of ways, including what is on, or not on, the shelves, and the frequency and volume of clearance sales.
Let’s look at this last item, the clearance sale, as a key point of avoidance that can be mitigated through an effective inventory strategy. As much as a consumer loves a good sale, if they see too many of them they may start to regard you as a discount clothing shop. On your end, every item that ends up in a clearance bin is a costly failure to execute a data-based set of inventory controls.
Avoiding these scenarios is easy when the data you rely on to make inventory predictions is accurate. You can review key aspects of each product, such as time spent in your store, overall sales demand, and rate of returns. These valuable pieces of information can allow you to shift your ordering to better align your product lines to the expectations of your customers. This gives you another valuable tool that not only solves problems but builds an even better reputation for your business.
Point of Sale Software for Clothing Store Use is at Your Fingertips
Implementing the right technical tools into your clothing store is a complex project. While POS solutions for retailers are plentiful, finding a solution that is especially geared for clothiers can introduce some nuances that may be challenging to find in one solution. This means that you need to have a partner that not only has their finger on the pulse of emerging retail POS technology but must have proven experience within your industry.
The expert consultants that talech deploys for your point of sale software clothing retail technology needs are well versed in your industry. They devote the time to identifying the specific challenges you are facing and crafting a solution that gives you the tools to address any hurdles you come across. Reach out to us today to sign up for a demo and to learn more about how talech can be your valued POS partner.