Hello Bindo Blog Readers, Yes, we know it’s been quiet around here and we are sorry that it took so long for us to provide a proper update. There have been a lot of changes at Bindo and its POS since the last time this blog was updated. In 2016 we restructured our company and
Fun is motivational. So is competition. Combine the two into a retail sales game, and suddenly you’re building morale among employees while motivating them to accomplish company goals. Before we discuss ideas for games you could potentially use, let’s look at some key components of a motivational retail sales game. Keep It Simple The game
Earlier this week, Apple CEO, Tim Cook, announced “the biggest news in iPad since the iPad”. The iPad Pro boasts A 12.9 inch retina display More pixels than you can shake a stick at A reengineered multi touch system Split view for running side by side apps Greater CPU performance Four speakers A thin and
Introduction Realizing the opportunities via e-commerce, I ran a very successful online store selling customized platforms for high-end home audio equipment. But after a few years, I simply lost interest, despite the exceptional income. The problem was that I had no connection to my customers other than an occasional email. There was no engagement, no
The mobile food industry continues to grow, especially in urban areas like Los Angeles, Atlanta, and Denver. While the concept is appealing to a variety of foodie entrepreneurs, the venture is not without its own unique set of challenges. Foodtruckr.com asked food truck owners what they wish they had known before starting their food truck
Background A Point-of-Sale system (POS system) is typically recognized as any technology that conducts and records sales transactions, processes credit and debit cards, and manages inventory. Today, the most advanced POS systems allow for merchants to access real-time sales reports and analysis, manage inventory, track employee engagement, and provide real-time data of all in-store products
Your point-of-sale (POS) system should do more than just ring up sales. The technology exists to make POS systems vital elements of every aspect of your business. Here are some of the basic tools a modern POS system like Bindo provides. Inventory Management Twentieth century POS only kept track of monies in the cash drawer.
Technology is moving business forward. If you’re a retailer who refuses to upgrade your point of sale methodology, it’s quite possible you’ll be left behind in a world of calculators, printed receipts and late night inventory checks. POS systems provide retailers with a user-friendly means of bringing their company into the 21st century. Here’s how:
Do you remember when television shows like Star Trek, The Jetson’s and Knight Rider seemed far-fetched in regards to technology? Now holograms, video calls and communication devices within a watch are available to the masses. The future is now! If you’re in retail, you’ve already seen old-school cash registers replaced by touch screen registers. But
It’s been said that music shapes consumer behavior. The right music can increase your store’s sales…but the wrong music can drive customers away. Here are 12 songs we don’t recommend you play in your retail store. Or perhaps, play, period.
Using an iPad POS like Bindo will, without a question, impress your customers. But pairing it with an amazing iPad stand will definitely make them think you’re the coolest store around. Here are 10 iPad stands that have certainly grabbed our attention.
The startup ecosystem is straight up bustling with companies disrupting retail. All of them are looking to disrupt the dynamics of the retail and the payments industry as we know it. We picked out 7 companies disrupting retail that you, as retailers, can be using to your advantage.
Spelling is tough and English isn’t for everybody. Don’t believe us? Here are 20 hilariously misspelled signs to prove it. As a business owner, you don’t want to make the same misteaks.
45% of your customers won’t come back. Let that sink in. Unlike the most recent Lego Movie, 45% of one time customers won’t come back in most businesses. And think about it, why would they? They have no loyalty to you. There is a good chance they can find what you’re selling elsewhere if they wanted to. They are your customers, not your friends. The key to getting customers to come back is to give them something that makes them feel like a friend, feel like a part of something, feel like they’re getting a deal they can’t get anywhere else- and they will be. This all starts with a loyalty strategy.
Running a modern retail business is no small task. The bread and butter of merchants (and their employees) depend on customers- and their customers’ satisfaction. How often (and how soon) a customer comes back once they’ve left your store is vital for small business growth.
Fighting has been around for approximately… forever. However, like anything else, there’s a right way and a “not so” right way to fight. The “not so” right way to fight is to go into the street and start swinging wildly at everyone like a maniac. Chances are, you’ll land a few punches but eventually get knocked out or hit by a car (kids, don’t fight in the street). The smarter way to fight is to learn how to box, learn how to move around the ring, and most importantly, study the opposition. Your business is no exception.
Customers may be the livelihood of your business, but that doesn’t mean you’ll always want to deal with them. Any retail owner can attest to this. The truth is, no matter how rude or how unbearable they are, the old adage still holds true… the customer is always right. So how do we deal with these customers? The key is to find a way to neutralize their frustrations through great customer service.
At first glance, it might seem as though online marketplaces such as EBay and Amazon are good places to sell your product. And you’re right… it is! I mean, think about it, at 90 million visitors per day, even a tiny proportion of those visitors who view and purchase your product can drive a huge increase in sales for you. That huge number of visitors gives you an opportunity to acquire new customers. The consumer never searches for specific stores on Amazon; they search for products, which is great news if they come across yours! Having said that, don’t be too quick to jump aboard the Amazon ship. Be sure to keep the following things in mind before you start selling.
You can have the coolest store in the world, with the best products, top of the line customer service, and the best looking guys and gals working behind the counter, but none of that matters without your customers. Sure, fancy signs and pretty faces may get people to poke their heads in and look around, but it’s certainly not an ideal recipe for customer retention. So what is then? Unfortunately, there’s no magic wand to wave or secret potion to drink. However, there are a few steps you can take to help keep ‘em coming back.
Without customers, you don’t have a business. Understanding customers is just as important (and sometimes as hard) as understanding technology. First, understand your customer’s needs, then supply the products to satisfy them. Don’t focus on making more sales; profits are only a reward for creating value for customers. To succeed in today’s competitive retail marketplace, small businesses must put consumers at the heart of their business. When you love your customers, they love you back. So how do you engage your customers? The key is to think like one.
Growing a retail business requires expanding. That is, expanding in terms of increasing physical store locations or getting more customers into the store. But there are several other ways of boosting profits, though these are often overlooked by most retail store owners.