The New Magento 2.4.4 Is Coming – What Will It Bring?

Adobe is nearing the end of beta-testing Magento 2.4.4 and will release it publicly on March 8. It is a minor update to Magento 2.4.3 but it can still be considered a major update.

The new Magento includes backward-incompatible changes and brings a lot of significant changes and additions. Support for PHP 8.1, the latest versions of ElasticSearch and jQuery, as well as MySQL, are just a few of the many features.

Adobe Commerce stores can now test the Magento 2.4.4 beta version by joining the Adobe Commerce Beta Program. Since the beta versions of the new Magento versions will not be available for stores using Magento Open Source edition, they will need to wait until the general release.

So that you are able to see what Magento 2.4.4 is all about, we have created a summary.

 

Support for PHP 8.1

Adobe has updated the Magento release cycle to match the PHP version end of life, as this component is critical for the e-commerce platform.

Magento 2.4.4 will be released in March. This marks the end of PHP 7.4 and the beginning of PHP 8. While Adobe is currently testing Magento 2.4.4 beta against PHP 8.0 PHP 8.0, the new Magento e-commerce platform supports PHP 8.1.

Magento 2.4.4 will no longer support PHP 7.3.

Despite the fact that Magento 2.4.4 can be upgraded to using PHP 7.4, Adobe claims only full functional support for PHP 8.1.

PHP 8.1 is a major update to this language and brings many new features. These include enums and readonly properties, explicit Octal Nural Notation, first-class syntax, fibers, pure intersect types, never return types, and final class constants.

This is not to mention the performance gains. Symfony Demo now has PHP 8.1 at 23.0% faster speed. You can read more at the official PHP8.1 release page.

Preliminary performance tests on Magento 7.4 and 8.1 have shown that the latter speeds up the store’s operation. Performance figures for a Magento setup will vary due to multiple factors such as server CPU, architecture (x86/ARM), host environment, installed extensions and Cron jobs.

OpenSearch support now available

Adobe now supports an additional in-store search engine Stores can also use OpenSearch in addition to Elasticsearch.

To mitigate the Log4j vulnerability , it is recommended that a store continue to use Elasticsearch 7.16.x

Note: Adobe Commerce 2.4.4 Cloud users will need to switch from Elasticsearch into OpenSearch

Vendor Bundled Extensions decoupled

Previous versions of Magento came with a list 3rd party extensions and third-party modules.

Adobe has removed almost all third-party extensions from its Magento core set with the new version of its online store platform. Adobe Commerce 2.4.4 has only left the Braintree extension out of the list.

Extensions that are removed from the Vendor Bundled Extension List will be available for optional downloading from a Magento Marketplace.

Software components updated

Adobe Commerce 2.4.4 beta4 contains the following software updates.

  • All dependencies and project libraries are compatible with PHP 8.
  • Support for ElasticSearch 7.16.1 & OpenSearch 1.1 has been added.
  • Version 1.13.0 of jquery-ui was released.
  • Deprecated in the jQuery 3.6.x methodologies have been removed.
  • jquery.tabs has been updated to the most recent version.

Incompatibility

Third-party modules may be affected by backward incompatible Magento changes. They should function in a different way. If these extensions are required, check your installed extensions.

The following changes are backward-incompatible in Magento 2.4.4:

Check cart load

The Stock Options section of Magento 2.4.4. now offers an Enable Inventory Check On Load option. It is enabled by default and controls inventory checks when products are loaded into shopping carts.

If the cart contains multiple products, disabling the inventory check can speed up checkout. Disabling this option can lead to errors. A customer might receive the message “Unable to place an Order: There are no Source Items with the In Stock Status.”

TinyMCE

Three major changes have been made to the Tiny MCE Magento embedded content editor.

  • Name changed to tinymce4. The editor may become unavailable from the admin panel, which can cause the Magento Page Builder extension to be broken. This can happen if the store uses TinyMCE with tinymce4 as an alias in requirejs, or if the Page Builder JavaScript File was renamed elsewhere than PageBuilder’s di.xml.
  • TinyMCE MFTF test have been refactored. If the store uses elements (selectors), from duplicated sections, it is affected. TinyMCE core tests have been extended to address this issue.
  • Refactored TinyMCE4 MTFTF tests. If the store uses or extends TinyMCE4’s MFTF test, it can be affected.

Libraries updated and removed

Magento 2.4.4 offers many other enhancements, in addition to the upgrade to PHP 8.1. These are other important updates:

  • Updated RequireJS to Version 2.3.6
  • Endroid/qr code updated to the most recent version
  • PHP Unit 9.5
  • TinyMCE 5
  • JavaScript libraries updated:
    • script.aculo.us
    • Chart.js
    • moment.js
    • moment-timezone-with-data.js
    • matchMedia.js
    • underscore.js
    • PrototypeJS
  • JavaScript libraries removed
    • es6-collections.js
    • MutationObserver.js
    • Modernizr
    • FormData.js

GraphQL errors fixed

Adobe promises to fix GraphQL problems in Magento 2.4.4. These are the most important bugs that will be fixed in this version.

  • GraphQL returns configurable child products even though they are disabled at the site level. The MDVA-39935 patch is compatible with Magento 2.4.1-2.4.3.
  • GraphQL sorting using DESC/ASC might not work for products of equal price or relevance. The MDVA-40120 patch is also available for Magento 2.4.1-p1.
  • Hidden categories using a GraphQL queries for a B2B share catalog feature is not possible. All stores using Adobe before Magento 2.4.4 will need to request a patch separately.
  • GraphQL cannot add a configurable product into the cart if the store ID is different from the website ID. Patch MDVA-37779 works with 2.4.2-p1.
  • GraphQL error in setting shipping address for carts that have an empty phone number. The MDVA-39521 patch for Magento 2.4.0-2.4.3 is now available.
  • GraphQL queries return products that are not part of a shared catalogue. The patch MDVA-37748 can be downloaded for 2.4.2 – 2.4.2-p2.

Summary

Magento 2.4.4 will bring many improvements to security and performance for online shops. This platform will be available for public download on March 8, 2022. Now is the time to prepare your online store for its transition.

Protect your Magento-based business while ensuring that customers have a seamless shopping experience.

source https://mirasvit.com/blog/magento-2-4-4.html

Rue21 will open 15 stores by 2021. Here are their locations.

Rue21 will open 15 stores by 2021. Here are their locations.

Dive brief:

  • As part of its previously announced plan at the end of 2020, Rue21 is opening five new stores ahead of the back-to-school season, according to a company press release sent to Retail Dive.
  • Ten more store openings are planned in the remaining 2021. More stores are expected to open next year. A spokesperson for the company stated that all new locations will offer plus-sized products.
  • According to the company, three new stores were opened by the apparel retailer last year. They outperformed expectations by more than 50%.

Dive Insight

Rue21, a Gen Z apparel retailer, saw double-digit growth in 2020. This resulted in “aggressive” investments made in both the physical and digital channels.

CEO Bill Brand stated that recent store openings have shown the importance of our store channel for brand discovery and customer acquisition. “Our in-store experience has been a great way to build customer loyalty. It is also our model for omnichannel growth.”

The data-driven model was used to match potential stores with customer demographics. According to the company, field teams visited each location before each store was approved.

These openings are part a busy year for the retailer. Brand, the former president at HSN, was appointed the company’s CEO nine months ago. Brand called Rue21 one of the most compelling and under-the-radar brands in the U.S.

New Rue21 stores to open in 2021
City and State Localization
Jacksonville, FL Avenues Mall
Coral Springs, FL Coral Square
Memphis, TN Wolfchase Galleria
Columbus, GA Peachtree Mall
Cypress, TX Houston Premium Outlets
Camp Hill, PA Capital City Mall
Grand Rapids (MI) Woodland Mall
Madison, WI West Towne Mall
Holyoke (MA) Holyoke Mall
Buffalo, NY Walden Galleria
Oklahoma City, OK Penn Square
Tulsa (OK) Woodland Hills
Pembroke Pines (FL) Pembroke Lakes
Waldorf, MD St. Charles Town Center
Braintree MA South Shore Plaza

Source: Rue21

In 2020, the retailer also launched its rewards program with the goal to convert in-store customers “to omnichannel clients.” The program has approximately 5.5 million members. The year also marked an expansion of its plus-size apparel clothing offering, which according to a spokesperson is now in about 70% of all stores.

https://gritglobal.io/blog/bigcommerce-order-management-apps/

https://gritglobal.io/product-updates/atom8-new-features-secure-transaction-with-capture-and-void-payment/

https://gritglobal.io/blog/5-tactics-ecommerce-conversion-optimization/

https://gritglobal.io/blog/best-customer-segmentation-examples-to-increase-sales/

https://gritglobal.io/blog/5-strategies-to-avoid-fraudulent-orders/

https://gritglobal.io/product-updates/backorder-integration-back-up-your-inventory-while-running-on-atom8/

https://gritglobal.io/blog/types-of-inventory-every-business-should-know/

5G will be a key enabler for digital transformation in the public sector

5G will be a key enabler for digital transformation in the public sector

Digital transformation is an important lever for changing the functioning of government. Digital technology is increasingly being used to support government priorities such as increased citizen engagement, better productivity, and stronger economic expansion.

Most governments will soon experience tight budgetary conditions after COVID-19. 5G investments may not be a priority. In the medium and long term, however, 5G will be a key technology infrastructure at both the national and government levels.

Public education and training, government facility management and defense, blue-light and smart city services are just a few of the areas where 5G could be a significant asset to public services. 5G, a general-purpose technology will play an important role in government technology conversion

Wholesale

cost of goods sold

brick and mortar

inventory turnover ratio

receipt template

inventory turnover formula

  • 5G will set the tone for government tech transformation. 5G rollouts within the public sector are slower than in other sectors. Despite this, 5G’s impact in society and the economy will be multiplied if 5G is adopted by the public sector.
  • 5G is a technology that can be used for many government solutions.. 5G is often used in conjunction with mobile edge computing to enable enhanced mobile broadband, massive machine type internet-of-things communications and ultrareliable, low-latency communications.
  • Many 5G use cases will be defined by public-private partnerships in the public sector. 5G will be driven by ecosystems partnerships between the public and tech vendors, regulators, academic institution, and international institutions.

To be Future Fit, We Need to Move Beyond Digital

Free Forrester WebinarThis is especially important for manufacturers and tech providers that serve manufacturing companies.

European manufacturing companies must become more sustainable to meet changing demands of customers, suppliers, partners and suppliers. While incorporating sustainable technology into your organization is a good place to start, it is equally important to evaluate your products through the lens of sustainability, longevity, and to involve employees, customers and partners in large-scale organisational changes.

This webinar is designed for senior executives in supply chain management, manufacturing, automation, operations and digital office.

The key takeaways

  • Learn how new technologies like the Internet of things, augmented reality (AR), and additive manufacturing (3D printer) can be used to help with both immediate organisational changes as well as long-term sustainable solutions.
  • Instead of traditional silo-based work practices, understand the importance of an ecosystem-based approach for organisational transformation.
  • Learn how manufacturers are changing to be future-fit enterprises, and learn more from industry leaders.

magento pos extension

Bigcommerce pos

Woocommerce point of sale

Shopify pos integration

Netsuite pos

3 Credit Card Processing Quotes You will want to Hear

For ten years, Tony dreamed of owning his own restaurant. He knew just what the menu would look likehe planned out the table and lighting settings in his head repeatedly, and he also knew precisely which credit card processor and restaurant POS to pick.

… Okay, so maybe he did not have that last decision performed in his fantasies.  But it is a decision that restaurateurs have to create before they can accept payment and make a profit.  When it is time to pick your credit card processing and restaurant point of sale system, do you have a plan of action to get the most out of your investment?

Our products

Can Credit Card Processing Become An Investment?

We had a board of experts, including Matthew Mabel of Surrender, Inc. and Marc Thomas of Upserve, talk about the consequences of credit card processing on your bottom line. Long story short, we wanted to understand how restaurateurs could turn their restaurant credit card processing into an investment with additional business value.

“You do not begin a restaurant because one day you would like to opt for a credit card processor.” — Matthew Mabel, Surrender, Inc.

Beginning a restaurant is all about diving into exciting fresh waters, and this Dallas-based restaurant consultant would understand.  Restaurateurs like choosing credit card processors around as much as they prefer to choose insurance companies and chemical suppliers, he points out. This isn’t the fun part of the organization. They’re so incredulous about boosting their profits, they become obsessed with saving a quarter point, and all providers become a commodity that appears exactly the same to them.

This isn’t the best way to look at it, however.  Your decision on processing can end up bringing you value far beyond the capacity to take a card — and it should — should you choose wisely.

“If interchange goes up or goes down, your pricing shouldn’t change.” —Marc Thomas, Upserve

Charges for processing can eat up as much as 3 percent of the final bill. And Marc would understand — a former credit card processing firm owner himself. Understanding pricing arrangements, and the fees that come together, is integral to making a decision that could affect your bottom line, ” he says. You need to pick a pricing structure that is suitable for you. Challenge the business, he urges merchants, inquire how the charges are applied to your company.

See also:

benefits-of-pos-system-for-brick-and-mortar-stores

8-tips-boost-online-presence-for-fashion-brands

pos-transformation-in-physical-store-workflow

pricing-options-for-different-pos-systems

6-must-have-pos-integrations

“No one needs data only for the sake of information. Actionable insights are very valuable.” —Matthew Mabel, Surrender, Inc

What can your credit card processor do to you outside a fantastic rate? Restaurateurs are bombarded with technology which was not available to them before, or just available to chains, Matthew points out. This is exciting if you can harness your management staff and arrange them to use these pieces to boost revenue, profit, and employee and guest satisfaction. A processor should explain how their services fit into earning money and strengthening a new, and what their point of difference is when they have one.

The better you can understand options and choices — the more you can decide how to take in technology that you can use.   It’s great having all this information but if don’t know how to use it, or your resources aren’t matching your requirements, then what you’re paying for is useless and only a new additional cost.

Nowhere is team unity more important than at a restaurant. With such distinct workflows in front and rear of the home, it has become all-too-common to find the disparity in efficiency and service, presenting issues that can affect the whole business.

Happily, it’s possible that you already have a solution available, in the kind of your own restaurant POS system.

If your company has already moved away from spreadsheets and handwritten notes and implemented a restaurant POS, then it is likely you have the tools required to improve communication and streamline operations. Here is how:

First, the front…

Obviously, in the service industry, customer satisfaction is job #1. Since the front of home is where first impressions are made, your point of sale system’s significance begins there.

It starts with your servers. Though most of the better wait staff members may recall huge orders effortlessly, the human factor can often play a role. On busier nights, with complex specials on the menu along with an infinite selection of unique dietary requests, orders can get confused, creating a logjam between the floor and the kitchen.

Implementing a POS system in your waitstaff’s routine generates a special opportunity to take orders effectively, without running the risk of missing important information. This is particularly critical for large groups and intricate menu schemes. A POS provides servers the opportunity to enter details in a fraction of the time it would take to handwrite orders while keeping an orderly demonstration for cook employees to follow.

See more :

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https://gritglobal.io/blog/9-tips-to-upsell-and-cross-sell-effectively/

(Plus, it just seems more professional and modern to clients. The times of tear pens and pads behind the ear are long over.)

Once orders are taken and supported on a POS interface, they are delivered immediately to the trunk, without any confusion from shorthand, handwriting or inconsistent vernacular. Cook staff becomes precisely the information that they need, eliminating unnecessary gaps and the need for servers to leave the floor to verify order needs.

Hosts and captains can benefit in a similar manner. A restaurant POS system allows the front of house to rapidly assess floor designs, occupancy, traffic flow and kitchen workload in a few clicks, as opposed to countless measures through a busy restaurant. This affords them the opportunity to discover optimal seating and customer service solutions that accommodate guests while relieving the strain on staff.

Let’s not forget the back of home…

Though reality TV has certainly done its best, the majority of individuals don’t know precisely how frantic a badly managed back of home can be. Between busy workflows and frequently chaotic communication with management and waitstaff, it is clear how orders can get confused. The thing is that this confusion can all but guarantee disgruntled customers will not return after one bad visit.

As we have discussed previously, a restaurant POS system can shave valuable minutes off the turnaround between placing an order and providing an accurate meal. Messy, incorrect handwritten orders only postpone the understanding required for food to be prepared correctly, which not only poses the probability of unhappy clients but also losses which mount from food that is wasted.

POS systems may enhance communication, and can correctly monitor the time required to take, prepare, complete and send orders, providing management information on areas to improve moving forward.

This is where POS systems glow the most — in analytics for restaurants.  When correctly implemented, your POS can save valuable time in every area of workflow, sending specific information to the ideal regions of the line, eliminating unnecessary communication gaps in the trunk. Now, salad prep and appetizer stations only obtain the information they need, freeing up the chefs to concentrate on other areas.

See more :

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knowledgebase/setting-up-your-register

pos-review-connectpos-versus-hike-pos

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In turn, all stock and inventory replenishment needs can be addressed in real time, so direction can upgrade menus, correct specials and adapt to rush hours effortlessly. Clients will benefit from knowing exactly what is available from the beginning of the trip, while cook team will enjoy a calmer, more coordinated night at stake.

At the end of the night, a POS system for restaurants may quietly but efficiently deal with every area of your operations. After the front of home communicates with the back of home, fewer mistakes are made, and customers are happier resulting in repeat visits.

With competition in the hospitality industry at these high levels, and social websites feedback driving remarks of your restaurant, there is very little room for error. Your POS is much more than an”order taker” — allow it to work to unite communications across your restaurant, to guarantee the only feedback you get is positive.

The right way to Curate a Retailer Your Prospects Will Love

There’s nothing fairly like discovering a retailer—whether or not or not it’s on-line or a bodily location—that feels tailored for you. You already know, that “take all my cash,” nearly magical feeling of discovering a store that you would spend hours searching.

That feeling? That’s the facility of curation at work.

Hand-picked, curated items assist construct a connection together with your prospects. By fastidiously selecting gadgets they’ll love, you’re basically saying to your prospects, “That is for you.” Additionally, by curating your retailer, you make it simpler to your prospects to find new merchandise, which positions you as a go-to retailer for each the acquainted and the contemporary.

Our products:

  1. shopify-pos
  2. woocommerce-pos
  3. commercetools-pos
  4. magento-pos
  5. bigcommerce-pos

Nonetheless, the curation course of generally is a little overwhelming at first. In spite of everything, you could have a singular imaginative and prescient, however how will you discover the merchandise that align excellent with that imaginative and prescient? The place does one begin?

There’s so much you are able to do to make sure you’re curating a retailer your prospects will fall head over heels for, and we’ll assist to do exactly that. Let’s get began!

Get impressed.

How are you going to ensure the gadgets you choose will resonate together with your prospects? Begin with the fundamentals.

Your prospects’ buying habits will inform you every little thing it’s essential to find out about their tastes, pursuits, and worth level. Undergo your present stock and pay attention to your greatest promoting gadgets, what merchandise have been on the cabinets for what looks like ages, and every little thing in between. Take note of any developments or patterns you discover as you audit your catalog. Based mostly on what you find out about your prospects, you’ll be able to higher decide what merchandise will pique their curiosity.

Along with what’s occurring in your retailer, check out what’s well-liked in your area of interest, what your rivals are doing, and the place else your prospects are buying. Having a pulse on what’s occurring in your trade as a complete will assist information your analysis.

Related posts:

When you full this preliminary analysis, make a listing of merchandise you’re occupied with including to your retailer. You’ll be able to all the time take a look at merchandise in your store and see how they do. Plus, Faire affords free returns on opening orders with 1000’s of makers, so making an attempt new manufacturers has by no means been simpler—or low-risk.

The purpose is to not embrace each product concept that pops into your thoughts in your retailer. The concept is to edit your checklist to the purpose the place you could have a curated product assortment that you just really feel assured your prospects will love.

Slim your product checklist.

When thinning your checklist, take into consideration your model’s values and ethics. These are parts that play an enormous position in shaping your model, how your prospects join with you, and the way you finally ship the best merchandise to your prospects.

Listed below are a couple of inquiries to ask your self to information your curation course of:

  • Does this product meet my perfect buyer’s wants?
  • Does this product align with my retailer’s worth vary?
  • Is that this product as much as my model requirements?
  • Am I enthusiastic about providing this product in my retailer?

However with so many manufacturers and makers on the market, it may be overwhelming to seek out the best merchandise.

Faire prospects can make the most of useful options like search filters and collections that make it straightforward to seek out the makers that align together with your model and your prospects’ expectations. Attempt filtering by eco-friendly, made within the USA, and handmade manufacturers. Faire makes stocking your store a cinch (and actually enjoyable, if we do say so ourselves!).

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  4. /what-is-cloud-pos/
  5. /seamless-gift-card-experience-magento/
  6. /top-5-restaurant-pos-systems-in-2020/
  7. /why-pos-matters-to-food-drink-retailers/

Ask your prospects for suggestions.

One other nice technique to fine-tune your curated product checklist is to ask your prospects for his or her suggestions straight.

Whether or not or not it’s a survey by way of e mail or asking them whereas they’re in-store, understanding how your prospects store, plus what they like and what they consider your merchandise, is a good way to gauge what gadgets it’s best to inventory. Determine the best means so that you can gather buyer suggestions and make it a precedence.

Asking for buyer suggestions not solely helps you identify the path it’s best to go together with your curation, however it reinforces a robust sense of connection together with your prospects. Your prospects wish to really feel like their opinions are being heard. Giving them a platform to share these opinions goes a great distance within the retail trade.

Curation results in connection.

There’s no query: curation is what’s separating retailers and smaller manufacturers from big-box, one-stop-shops. Although these shops supply large comfort and low cost, these buying experiences can typically really feel impersonal and disconnected. That’s the place you are available in to alter the narrative.

It doesn’t matter what expertise comes about, nobody really is aware of your prospects such as you. Your prospects look to you for suggestions, tried and true favorites, and new product finds. By merchandising your retailer with merchandise your prospects will love and join with, you foster a sort of buyer loyalty that’s really distinctive within the retail area.

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Delayed payment options will boost online conversion but also return volumes

With an increasing amount of clothing & apparel retailers that offer delayed payment choices in an effort to drive conversion, retailers that offer’try before you buy’ choices and are well positioned to deal with processing returned goods will be most likely to make the service a success, based on GlobalData, a leading data and analytics firm.

Sources

Shopify pos, magento pos extension, woocommerce pos, bigcommerce point of sale, cloud pos

Advertisers such as H&M, Finery and Arcadia brands Topshop and Dorothy Perkins now offer a’pay later’ online payment choice to encourage shoppers to buy when they may not have the funds readily available. ‘Try before you buy’ payment methods often appear simpler as a short term solution in comparison to conventional credit accounts.

Sofie Wilmott, Retail Analyst in GlobalData, remarks:”Delayed payment methods will break down barriers to buy online and boost average purchase value, but retailers will soon be hit with a greater yields. Undoubtedly shoppers will buy more easily, supporting volume expansion, but when the realisation of paying for things sets in, a greater percentage of things will be sent back.

“Offering delayed payment choices to consumers therefore includes risk. More things will sit at the warehouse unavailable to be bought, there’s a greater prospect of inventory being soiled and a higher cost of processing and fulfilling returned goods.”

A current GlobalData survey revealed that 52 percent of online shoppers frequently buy more things than they expect to maintain when buying online, and’pay later’ choices will only promote this shopping mentality. This makes it essential for retailers to check delayed payment choices on their own sites to assess the effect on their clients’ shopping behavior, which will vary considerably based on target market and product type.

Wilmott proceeds:”Returning goods purchased using the delayed payment option will be much simpler process for shoppers, because the need to await refunds is void, but retailers will have a greater volume of things to process and make available for sale once more. This puts extra pressure on an already costly operation, especially those that rely on obsolete systems and fulfilment centres.

“While consumer facing initiatives are in the forefront of merchant investment strategies in 2017 and 2018, players introducing delayed payment methods need to concentrate on improving back-end operations to decrease the time merchandise is spent offline so earnings opportunities aren’t missed.”

See also

  1. pos-review-connectpos-versus-hike-pos
  2. offline-pos-machine-you-will-need
  3. benefits-of-pos-system-for-brick-and-mortar-stores
  4. 8-tips-boost-online-presence-for-fashion-brands
  5. pos-transformation-in-physical-store-workflow
  6. pricing-options-for-different-pos-systems

Everything You Will Need to Know About Free POS Software

Is there such a thing as free POS software? The brief answer is yes, free point of sale software will not exist. However, the perfect answer is not as cut and dry.

As a small business owner,’free’ can be an attractive offer your bottom line finds hard to refuse. After all, who does not love free stuff? Particularly when it’s something which may typically cost hundreds to thousands of bucks to purchase, free sounds just like the deal of a lifetime.

However, before you register for the first free POS system you find in a Google search, finish reading this report. Let us look at the ins and outs of free POS software so you can decide if it is a wise business decision.

Sources

/shopify-pos/

/magento-pos/

/woocommerce-pos/

/bigcommerce-pos/

What’s POS Software?

First, let us define POS applications, so we’re all on the same page. Point of sale software is what brick-and-mortar businesses use at the point of purchase to help streamline efforts between back-of-house business operations and front-of-house customer-facing actions. The software, along with POS hardware, form an extensive point of sale system.

Two Forms of Free POS Software

When it comes to free point of sale software, expect to find two choices:

  1. Open-source Program
  2. Cloud-based software

Both are effective and may be a viable solution for your company. However, it’s vital to know how each work and which one will better support your business requirements and match your technical abilities. Let us take a look at both options, will we?

Open Source POS Software

Since open-source program is distributed with its source code available for modification, it is possible to customize the software in whatever way you choose. But unless you are a tech-savvy small business owner with programming skills, this likely is not the best thing to do.

With open-source applications, almost everything is a DIY approach. From POS installation and installation to troubleshooting and ongoing technical assistance, you will spend a whole lot of time sifting through online documentation and neighborhood boards to find answers to your questions.

Additionally, it suggests that data from the POS system is saved, on-premise at your company location. Therefore, you may only access the data if you are on site, along with the responsibility for securing sensitive client information falls squarely on your shoulders.

Find the news

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Cloud-Based POS Software

On the opposite end of the spectrum, there is cloud-based point of sale applications. This sort of software securely stores POS information on remote servers and makes all the information accessible online via a web browser and dedicated portal.

Although you can not alter the source code and need to use the applications’as is’ out of the box, cloud-based POS software is much more user-friendly and more manageable compared to the former.

POS Features: Free POS Software vs. Getting POS Software

Apart from network infrastructure, what sets one POS system aside from another are the characteristics and performance of the program. That is what also sets it apart on price, and not all software is created equal. With free POS software, you can expect to find limited capabilities compared to a premium version that will tap into your monthly budget.

Software companies market stripped-down versions of the applications with restricted features at a lower price point compared to their premium version with all the bells and whistles. Therefore, if you’re searching for free POS software, you want to know exactly what those constraints are and how they will impact your operations.

Odds are, free will only go up to now. While some smaller businesses may be able to skate by with the minimum attributes, others may find constraints stifle workflow, and end up needing to buy additional features.

Let us take a look at a number of the features that you can expect to find from the point of sale software supplier and where the constraints may lie at the free plan.

See also

multi-warehouse-management-best-practices/

/retail-pos-trends-and-statistics-for-2021/

/manage-cash-flow-in-offline-stores/

/best-pos-systems-supporting-receipts-customization/

Inventory Management

It should come as no surprise that stock tracking and management features are essential for retail companies to stay afloat. If you can’t monitor how much you are spending on stock and what items customers purchase the most, it’ll be tough to remain profitable.

With free point of sale software, expect the amount of SKUs to be restricted in relation to the paid version. As an example, a free plan might only allow for 100 goods or items, while the version with the monthly fee provides you an infinite amount.

Employee Management

Besides managing inventory, you will also need a point of sale system that can help manage your employees. Each worker should have their own login credentials and user permissions based on their role in the company. If the point of sale solution can monitor labor hours, arrange employee schedules, and supply sales analytics for each change, that is the icing on the cake.

POS companies typically allow for a couple of users using the free software deal, but it usually stops at that. If you have more than a couple of workers (or even managers), you could see how it can be problematic. Using a system using multi-user capabilities allows managers to keep track of which users are making sales and to establish goals for workers who may not have as many sales.

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POS Reports

Speaking of analytics, be sure the POS system you select has reporting features that will give valuable insight into your organization. Some reports you should expect to find are:

  • Revenue reports
    These reports provide business owners numerous sales metrics that provide insight to the lucrative areas of your business and other areas which may need more attention.
  • Labour reports
    Labor reports help you get a better understanding of how your employees are doing (or not doing ) and the number of hours they are working.
  • Client reports
    Client reports shed light on customer buying habits and tastes. This information enables business owners to fine-tune their own loyalty programs and marketing strategies to attain their target market better.
  • Rental management reports
    Inventory reports are arguably among the most important for any organization. With stock management accounts, you can monitor products in stock and how much money you’ve wrapped up in stock.
  • Accounting reports
    Tax season is stressful for everyone, especially business owners. Using a POS system that offers accounting reports makes it easier to compile the details and send off the data to your accountant.

Having a’freemium’ version, ensure you understand precisely what reports it includes which will make your daily managerial tasks easier.

Much useful links

https://connectposcom.wordpress.com/2020/11/24/paying-sales-tax-in-the-usa-everything-you-need-to-know/

https://connectposcom.wordpress.com/2020/11/24/the-fundamentals-of-point-of-sale-for-retailers/

https://www.connectpos.com/how-sme-attract-footfall-to-offline-stores/

https://www.connectpos.com/inventory-management-for-successful-retailers/

Returns and Refunds

Regrettably, not every transaction is going to be a sale. For retail POS systems, it is crucial that you could process returns and refunds effortlessly. From locating the first purchase and refunding the original payment method to adding the product back into stock, your retail POS system should be able to handle all these details.

Discounts and Promotions

Clients go crazy for a fantastic promotion or discount. It is a classic marketing strategy to get more customers through the doors, and it works. With your point of sale system, you should have the ability to apply discounts at the individual product level and for your whole order.

Free POS software might only allow for one or another, or in some cases neither. Understand how discounting works as you will have to use it sooner or later.

Loyalty Programs

Much like promotions, clients love loyalty programs. Have a look at the numerous successful big-box retailers. The huge majority have some loyalty program set up to reward customers for their purchases.

Although a lot of POS systems offer some sort of consumer loyalty program, more frequently than not, it is a part of a superior software subscription.

Installation, Configuration, and Multi-Location

When it’s menu customization for a restaurant POS system or configuring the retail matrix to your boutique, obtaining a easy setup and configuration is vital to optimizing workflow and checkout rate at the point of purchase. This is especially important when you need more than 1 cash register or have multiple locations.

For those who get a larger-scale business with many places, free POS software packages normally can not offer you multiple locations or registers. Multi-location support is also an issue for smaller companies for the sheer fact of having more than 1 register. Your choice depends upon where you visualize your company going in the long run.

Updated :

https://www.connectpos.com/top-inventory-management-software-in-2020/

https://www.connectpos.com/why-should-integrate-e-commerce-and-pos/

https://www.connectpos.com/best-pos-systems-for-fashion-retail/

https://www.connectpos.com/top-pos-for-food-and-drink-retail/

https://www.connectpos.com/6-ways-to-thanks-customers/

POS Hardware Will Still Cost You

Whether you choose to go free software or not, POS hardware and peripheral devices will still have a price tag. These are the output and input devices that help carry out the purposes of the POS program. This equipment can include, but not Limited to:

  • Tablets such as iPads, Android, or Windows apparatus
  • Touchscreen monitors or all-around pc
  • Cash drawers
  • Barcode scanners
  • Customer-facing screens
  • Receipt printers
  • Charge Card readers

The Bottom Line

Though free POS software looks like a wonderful deal that would pique anyone’s interest, it is important to understand just what you’re getting for the price — or lack thereof. While free point of sale software may work for your company now, in six months you will need more attributes. Therefore, be certain you opt for a POS system that can grow with your organization.

References

  1. /what-is-draft-order-in-pos/
  2. /top-5-mobile-pos-in-2020/
  3. /how-to-manage-staff-when-not-in-the-store/
  4. m/black-friday-tips-for-small-businesses/
  5. /10-essential-features-of-inventory-management-system/

Everything You Will Need to Know about Retail Payment Options

Payments and transactions are the most usual element of a retail company, which makes it easier for clients with multiple payment options can play a major role in further growth and conversion.

Retail businesses in the market concentrate a lot on supplying easy and quick solutions to their clients. The most essential amongst these would be the payment solutions. By providing multiple retail payment solutions, retailers can have the benefit of greater customer engagements and upward sales than many others on the marketplace.

Let’s see how different payment methods can benefit the retail enterprise. Moreover, we will analyze the services provided by ConnectPOS within this domain.

Guidelines to Payment Methods:

1.) Cash:

Cash payments are the easiest means of earning payments against company sales. Cash payments are widely accepted in all kinds of retail businesses. That is why ConnectPOS guarantees the cash payment documents are properly managed and preserved for future use.

Money Payments is one of the simplest modes of payments against the purchases, and the retail companies widely accept it, but they require an effective mechanism to control the money transactions and their listing in retail store POS.

2.) Credit Card:

Paying through a Credit card is another payment option well-supported and approved by the majority of the retail companies. Why is it that people think paying through the Debit/Credit card is secure? The answer to this question is portability and security.

Nowadays, people prefer paying cards since they don’t carry significant amounts with them due to certain risks. From the ConnectPOS software solution, the credit card payments transaction information is readily recorded in the system. This information can easily be obtained through well-designed reporting features provided by the ConnectPOS Retail POS system.

3.) Account Receivables:

The account receivable payment option is designed to ease those clients who intend to cover their purchases afterward. This payment method is best suited for retailers that admit sales details through romantic invoices and drafts.

In reaction to these invoices, the clients need to pay the sum through any method possible in a specific time frame allotted by the merchant. Retail shop pos application by ConnectPOS provides all supported account receivables facilities for their clients to get their payments sorted regarding the invoices generated according to the purchases.

4.) Splitting:

Account dividing is the payment mode which offers a window for those clients to pay for their purchases via more than 1 payment method. Account splitting is a procedure that involves more than 1 payment method incorporated by an individual client.

The payment processes are no method provided by the retailer. It can be direct money payments, debit/credit card, or the sum can be a charge against the client for later payment. ConnectPOS accepts all sorts of receivables through broken payments.
All these kinds of payment methods help in building client’s confidence, it helps the consumers needing to pay for their purchases in departments so that they can be eased by all means.

Conclusion:

ConnectPOS is the flag-bearer of POS technology in Pakistan. We provide all sorts of Cloud POS solutions to our clients with adequate payment options to ease them through all ways.

Among the better advantages of providing multiple payment processes is to produce a great customer base for your own brand. If you offer great payment services to the clients where they feel at ease, they’ll consider you the perfect place to go to.

Having different payment solutions helps create a progressive approach to enhance retail company management and transaction. It’s something which goes hand to hand and is appreciated by the people involved in this procedure.

Different Payment methods may be the way forward for greater customer engagements, it offers convenience to people. Such choices can be a better indication of brand awareness and increased sales.

As a merchant, if you’re planning your earnings in a large proportion online, then be prepared to receive all of the payments through electronic credits and debit card transactions. Sales strategies should be proposed regarding the sort of payment methods a company can support. Consider this example of an E-Commerce shop, where different payment methods are accepted thankfully.

To the contrary, think about a physical set up where payments are made through money. This scenario entirely explains the working principles and the sort of method accepted. To make sure that the business shouldn’t suffer, pick the acceptable way out.

Source references

  1. top-5-mobile-pos-in-2020
  2. how-to-manage-staff-when-not-in-the-store
  3. black-friday-tips-for-small-businesses