Thursday, June 2, 2011

How To Open A Retail Business With DB Solutions Retail System ...

New businesses begin their venture with a lot of research and legwork. Between market analysis, inventory purchasing and cataloguing, hiring and managing, retail owners have a lot to accomplish even before the doors open for business. One of the most important factors in running a successful retail business is the retail system software chosen for the management and organization of the company. The retail system software ties in all of the elements of an efficient and well managed store, in one easy to access and use program.

Point of Sale Solutions for Customer Service

Above all else the difference maker in retail is customer satisfaction. A company is quickly left in the dust with angry and frustrated clients. Retail software simplifies the cashier?s job by offering multiple forms of payment including credit card, debit and cash. The system works with all aspects of the register: receipts, barcode readers, cash drawers and system printers. The software organizes returns, refunds and layaway items while storing customer information. A customer?s purchase history can be pulled up in seconds, and this is beneficial with an increased speed of transaction, and having customers that feel remembered and appreciated.

Retail software is easy to use and will not be any trouble for new or part-time employees. When managers can spend more time supervising and organizing marketing and advertising strategies, and less time training, the bottom line can be increased significantly.

Retail Software for Inventory

Inventory can be a challenge for a retail business, especially when there are not enough products to supply for the demand. The worst case scenario for a new business is advertising a sale item, and then not having the product readily available when the customers flood in. It does not take long for customers to seek their merchandise at other locations, even after one disappointing visit. Retail software allows the organization and management of inventory. New orders can be placed the second numbers fall below a comfortable level.

Retail software solutions handle all inventory management requirements:

??? ?Cataloguing
-Item Types [including stock, service, labor, shipping, and other]
-Suggested Price
-Calculates Current Margin
-Stores Images
-Sales Tax Rates
-Searchable Inventory Database

??? ?Purchase Orders [PO]
-Vendor Item Chooser Lists
-New Vendor Item [added when purchase order is prepared]
-PO can be emailed, faxed, mailed to the vendor
-Stock Automatically Updates as Orders are received

??? ?Stock History
-Multiple Stock Records for a Single Item
-A Place for Each Item [bin number, shelf location or room]
-Stock can be moved
-Complete History
-Powerful Searchable Database

New retail businesses can have the most effective advertising and be in the best location for their targeted market but without the organization of a well stocked inventory, and a satisfied returning customer base, a company will not be able to prevail over the competition.

Retail System Software by DB Solutions is a turnkey solution company who specializes in the development of retail software, implementation and training. For more information visit, rabydbs.

DB Solutions specializes in point of sale and inventory management software for retail companies. Located in California and North Carolina, our software is suited to retailers? organizational needs for online database management. For more information please visit www.rabydbs.com.

Source: http://article.mytoureguide.com/computers/software/how-to-open-a-retail-business-with-db-solutions-retail-system-software/

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