Introduction

Shopify POS

The Best Tool for Your Retail Business:

In today’s retail landscape, businesses need to be equipped with the right technology to keep up with the competition. Shopify POS is one such tool that provides retailers with a seamless solution for managing their in-person sales and inventory while syncing it with their online store. Let’s dive deeper into the features and benefits of Shopify POS.

Overview of Shopify POS:

Shopify POS is a software solution that allows retailers to manage their sales, inventory, and customer data from one integrated platform. It can be used on an iPad, iPhone, or Android device with a card reader to process payments and track inventory. Shopify POS also supports a range of payment options, including credit and debit cards, gift cards, and Apple Pay.

Features and Benefits of Shopify POS:

Seamless CX Across Online and In-Person:

One of the standout features of Shopify POS is that it allows customers to buy online and pick up in-store, or buy in-store and have the order shipped directly to their home. This makes it easy for retailers to manage inventory across multiple locations, and for customers to have a seamless shopping experience.

Advanced Inventory Management:

With Shopify POS, retailers can manage their online store and physical store inventory in one place. The software provides fantastic functionality such as forecasting inventory, creating purchase orders, and transferring stock. This helps retailers to keep their inventory levels optimised, and prevent stock outs or overstocking.

Staff Permission Controls:

Shopify POS offers custom staff permissions, which allows retailers to control the information that their retail employees can see on the POS system. This feature is particularly useful for retailers with employees at different tier levels.

Limited Free Version:

For retailers who conduct most of their business online but occasionally need an option to take in-person sales, the free Shopify POS Lite package is a great option. It provides basic functionality for accepting payments and managing inventory, without any monthly fees.

Advanced Reporting:

Shopify’s reporting features are best-in-class. Retailers can calculate costs and margins across individual products or locations, and get precise answers as to why their business is performing well.

Scalability:

Shopify POS is a scalable solution that can accommodate the needs of businesses of all sizes. As a retailer grows, Shopify POS can grow with them, providing more advanced functionality and integrations.

Cons of Shopify POS:

Not Cheap:

While Shopify’s transaction fees are in the reasonable 1.5%-1.9% ballpark, the monthly fees can add up quickly. Additionally, the base Shopify cart has very few features, so retailers may end up paying for third-party apps that attract monthly recurring fees.

Poor Choice for Non-eCommerce Stores:

Shopify POS is primarily designed for integration with existing eCommerce businesses. Retailers who don’t have an eCommerce business or who mainly sell in-person may find other, more affordable POS software options.

Conclusion

Overall, Shopify POS is a powerful tool for retailers looking to manage their sales and inventory across multiple channels. With advanced inventory management, staff permission controls, and advanced reporting features, Shopify POS offers retailers a seamless solution for managing their business. While the software may not be the most affordable option for all retailers, its scalability and integration with the Shopify eCommerce platform make it a great choice for businesses looking to grow.

Integrations:

Shopify has hundreds of App integrations. Please refer to the Shopify app store website for more details.