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Online Shop POS for Small Business Philippines Grand Tech
Tuesday, June 7, 2022
Table of Contents
Introduction
The Rise of Online Shopping in the Philippines
Online Shopping: Benefiting Both Business Owners and Customers
Do Online Shops Need POS Systems?
- What Are POS Systems for Small Online Businesses?
- How Can Online POS Systems Help Business Owners?
Choosing the Best POS System for Your Online Business
- Identify the Specific Needs of Your Business
- Set a Budget for This Investment
- Learn About the POS System That Fits Your Industry
- Weigh Your POS Software Options
- Do Research: Ask Experts, Read Reviews
Features You Might Need for Your Online Shop POS System
- Automatic Invoicing
- Seamless Inventory Management
- Optinal Updates
- Reliable Customer Support
- Customizable Reports
Check Out the POS Systems We Offer
Conclusion
Keep Your Online Business Growing by Using the Right POS System
Introduction
Operating a business allows you to be the boss of your own company while providing your customers and clients with the things they want or need. With the digital age, enterprises can reach markets and audiences through virtual means, boosting the visibility of their products. Various technologies have also made online shopping an effective way to increase sales because of the flexibility it offers to customers.
However, businesses like these function like brick-and-mortar stores—in terms of money flow and inventory—which may be difficult to manage. That’s why it’s essential for online shop owners to have POS systems. These pieces of equipment make online selling more efficient and provide you with peace of mind knowing that every transaction is properly recorded and stored.
If you own a small or big business, we suggest purchasing your POS system from Grand Tech Int’l. Ent. Corp. We carry high-quality products from EC Line, one of the best brands for point-of-sale hardware in the Philippines. Buy a set today from us and get selling!
The Rise of Online Shopping in the Philippines
Since the early days of the internet, online shopping has been one of its key use cases. However, since this feature has gone mainstream, many people have a level of distrust of online sellers due to the prevalence of bugs, crashes, and scams.
With these issues, people were hesitant to transact online for fear of losing money as most of the available payment channels at the time seemed risky. Tracking orders made online was also difficult, as order shipments were slow to adapt to the digital age. This could then result in broken or incomplete orders, and in some cases, the items not arriving at all.
However, with new advancements in technology, payment systems have become more secure and reliable. Trusted banks and financial institutions have transitioned into digital platforms, slowly earn the trust of their clientele. This, coupled with the availability of the much safer cash-on-delivery or COD payment method, made it easier for Filipinos to gain confidence in online shopping.
In 2020, the online shopping market had a sudden boom due to the COVID-19 pandemic. As people were restricted from going outside, the most convenient way for them to purchase certain goods is through online stores. Along with the popularity of social media platforms in the country, this gave way to the rise of online shopping across the population. The added security, reliability, and accessibility are all key factors that contributed to the success of digital stores.
Online Shopping: Benefiting Both Business Owners and Customers
There might come a time when you are frantically looking for something you badly need or want, so you visit several malls, to no avail. Even after you’ve searched through various stores and stalls, you might still come empty-handed as the item is only available at a certain branch hundreds of kilometers away. This could lead to frustration and anguish for customers like you, and the business may have just lost valuable sales.
This is where online shopping comes at an advantage. Digital stores allow customers to check the availability of specific products they’re looking for, saving them the hassle of visiting physical stores. While the main trade-off may be the waiting period through the delivery process, you should still consider the amount of time, effort, and expenses you save.
These online setups benefit business owners as well because they get to reach more customers and provide them with an all-in-one and hassle-free solution. They can also create more targeted ads and saturate social media platforms with their different marketing strategies.
Do Online Shops Need POS Systems?
You can usually find point-of-sale units at stores and groceries where they are used to scan for prices, compute totals and changes, and keep records of the inventory. These tools have been extremely useful for physical store owners to monitor every transaction and keep track of each stock. Does that apply to online shops as well? It does. Here are some frequently asked questions about POS systems and software:
What Are POS Systems for Online Businesses?
These are handy tools you can use to provide a variety of features for your store. With POS systems for online businesses, you may offer better payment methods and faster customer service responses. These tools can vastly improve user experience, encouraging them to purchase again from your store. Additionally, you can have a robust loyalty program added to your software to reward repeat customers.
How Can Online POS Systems Help Business Owners?
Many online stores have already integrated point-of-sale systems into their operations due to the convenience and features they bring. For business owners, having POS machines will provide you with more efficient way to record transactions, create invoices, and monitor inventory. You can also have it generate a summary of your data, like sales and inventory, making it easier to analyze your store’s performance.
