{"id":34179,"date":"2019-01-21T11:29:29","date_gmt":"2019-01-21T03:29:29","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=34179"},"modified":"2019-10-12T13:17:32","modified_gmt":"2019-10-12T05:17:32","slug":"5-hacks-all-business-owners-need-to-know","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2019\/01\/21\/5-hacks-all-business-owners-need-to-know\/","title":{"rendered":"5 hacks all business owners need to know"},"content":{"rendered":"\n

Trekking through the retail industry is a daunting path to embark on \u2013 which is why equipping yourself with handy hacks is essential. \u00a0According to June Alcarioto, Director of Retail Solutions and Analytics of Genie Technologies, Inc. (GenieTech), retailers should take advantage of the digital tools that are now becoming more available for them.<\/strong><\/p>\n\n\n\n

To help businesses thrive in the digital shift, Alcarioto listed five hacks retailers may find handy in boosting their operations.<\/p>\n\n\n\n

Prioritize customer experience<\/strong><\/p>\n\n\n\n

Valuing your customers is key to any retail business. Personalize their experience by recording their purchase history, returns, and orders. Track their data such as size, color preferences, and important dates to assist them better. Lastly, install a system that allows quick price checks and stock inquiries to reduce waiting and transaction time. Prioritizing a customer\u2019s satisfaction will keep them coming back.<\/p>\n\n\n\n

Keep operations efficient<\/strong><\/p>\n\n\n\n

Designing workflows that match your business process will help things run smoothly. Track employees\u2019 productivity and their access to data. Set up security for each group of employees to manage who can access specific information. Accurately distribute commissions between multiple employees per sale through commission tracking. Keeping employees satisfied is crucial for efficient and productive operations.<\/p>\n\n\n\n

Make sure your system is understandable<\/strong><\/p>\n\n\n\n

Easily taught systems will lessen confusion and mistakes. Tailor your installed system to benefit both your customers and employees. This will allow transactions between retailers and customers easier and turnovers between employees smoother. Practice this for both basic sales and special orders that you don\u2019t typically carry.<\/p>\n\n\n\n

Connect everything and anything<\/strong><\/p>\n\n\n\n

Installing a system that connects different aspects of your business is vital. Combine your corporate-owned stores, franchises, store-in-store, kiosks, or online stores to your enterprise in a single, integrated system. This will help you sell goods, share information, accept different currencies, and operate with companies despite different languages.<\/p>\n\n\n\n

Integrate all business operations in a POS system<\/strong><\/p>\n\n\n\n

Nowadays, a Point of Sales (POS) system becomes the answer to your worries, especially streamlining business processes. This system is a combination of POS hardware and software that processes transactions and payments between retailer and customer. It can also monitor your inventory, price adjustments, staff management, sales reporting, marketing initiates, and much more\u2013depending on the type of POS system installed.<\/p>\n\n\n\n

\u201cAside from these need-to-know hacks, it\u2019s also important to know the right system to use to make sure your business runs smoothly and efficiently,\u201d added Alcarioto.<\/p>\n\n\n\n

For businesses in the Philippines, GenieTech can help in tailor fitting POS systems<\/a> and software, suited to the organization\u2019s unique needs.<\/p>\n\n\n\n

Among GenieTech\u2019s offering is Retail Pro Prism, a retail management software that creates a workflow that meets the exact sales process you desire within your stores to tailor to the needs of your customers is. It helps improve customer experience, produces efficient operations, ensures a capacity-building design, and puts the power of flexibility into the POS transaction. All needs can be met through Retail Pro Prism\u2019s POS \u2013 everything retail you need in one click.<\/p>\n","protected":false},"excerpt":{"rendered":"

Trekking through the retail industry is a daunting path to embark on \u2013 which is why equipping yourself with handy hacks is essential. \u00a0According to June Alcarioto, Director of Retail Solutions and Analytics of Genie Technologies, Inc. (GenieTech), retailers should take advantage of the digital tools that are now becoming more available for them. To […]<\/p>\n","protected":false},"author":1,"featured_media":34180,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,15],"tags":[6583,591],"class_list":["post-34179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biz-solutions","category-business","tag-point-of-sale-system","tag-pos"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/34179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=34179"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/34179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/34180"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=34179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=34179"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=34179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}