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Which POS System Features Make for an Ideal Liquor Store System?

by Douglas Nolan 12th April 2022

Liquor & Bar POS System Solutions
A bar POS system provides liquor stores with similar benefits they offer to retailers. A point of sale system provides a faster checkout process, a centralized record of all transactions, improved inventory control, and loss prevention capabilities. By opting for an advanced POS system, we can know how liquor retailers can stay ahead of their competitors. The key POS functionalities are designed specifically to meet business requirements.

Certain specific features should be present in your liquor store POS system, especially if you are operating a liquor store:

  1. Age Verification
    If you are dealing with selling age-restricted products, you should have a suitable POS system that helps verify the customer’s age. Opt for any point of sale system that prompts your cashier to check the customer’s ID before completing any transaction. It should also have a specific feature that allows your cashiers to scan the customer’s ID or manually enter their date of birth.
  2. Inventory Management
    With the help of a POS system, liquor store owners can manage stock availability, sales, overall inventory, and other functionalities. You can avoid specific issues like restocking inventory and out-of-stock issues. Effectively manage sales of all your items in your liquor store using the UPC.
  3. Sales Reports & Analysis
    A POS system helps with providing complete and accurate inventory control, and as a result, a liquor store owner can get the data required to provide detailed reporting on product sales. When this feature is present in your store POS, the store owner can quickly identify top-sellers, seasonal favorites, and fast-selling items.
  4. Gift & Loyalty Solutions
    Ensure that the POS system you select should support gift and loyalty programs. With the help of a loyalty program, you can give your customers coupons or loyalty points that are redeemable on their favorite beverages or products within the store. If your point of sale system supports this feature, it will help you run your store efficiently. It will help you close more sales to your loyal customers, which will help you strengthen your bond with your loyal customers.
  5. Payment Processing Options
    In addition to the traditional mode of payment like cash, credit, or debit cards, the POS should be able to support other payment processing options too. Offering different payment processing options helps customers have the flexibility to pay while still increasing sales numbers for a liquor store.
  6. Loss Prevention & Surveillance
    A liquor store needs to maintain a great level of security compared to other retailers, so it is essential to incorporate a range of loss prevention capabilities into your point of sale system. Nowadays, advanced systems can overlay video surveillance of POS stations with the text generated on customer receipts. It allows managers to link suspicious activity with related transactions. Store managers can easily track sales, voids, deletions, and discounts with the help of a POS station or associate. It becomes easy for them to detect dishonest employees.
  7. Promotional Pricing
    By introducing sales and special offers, store owners can attract customers to your stores and help in boosting basket size. The bar POS system software should be easily configurable and should be able to handle them (for example: mix and match capabilities like offering a discount to customers on buying 12 bottles of liquor and wine). Other parameters to consider are time limitations, global sales, or bulk pricing for most customers. The liquor POS system should be manageable through a simple user interface via a liquor store POS.
  8. Order generation of purchase orders
    Another good thing about solid inventory control is its capability to purchase orders as items run low. Nowadays, advanced liquor store POS solutions incorporate a specific functionality that allows operators to easily manage vendors in the highly competitive and tightly controlled alcohol distribution industry. POS system operators can create, send, and track purchase orders and accurately manage the receipt of deliveries and associated payments.
  9. Advanced Inventory & Tracking
    Managing inventory becomes easy with the help of an advanced POS system. You can record and monitor how much stock you have on hand and detect theft losses. A liquor store POS system equipped with a barcode scanner helps store owners efficiently manage products, performs counts quicker, and prevents theft.
  10. Manage Employees
    Several POS systems have specific security features with swipeable cards or special pins. You can also monitor individual employees’ log-in and log-out times as well as other tasks. With a POS system, store owners can assign permission to works and allow them to carry out only specific tasks.

FAQs

To purchase the right liquor store POS system, it is advised to follow the steps mentioned below:
  • Determine legal requirements
  • Recycling surcharges
  • Fractional quantity support
  • Vendor management support
  • Overall cost vs. features

Some of the prime benefits you can expect from a liquor store POS system are as follows:
  • Managing Inventory
  • Tracking employees’ in & out time
  • Get easy access to reports remotely
  • Capture customer data through a CRM and track customer buying history

The following are some crucial pointers that need to be taken care of at the time of selecting liquor POS software:
  • It must have real-time recording, tracking, reporting, and scanning information.
  • It should have the capability to shrink inventory management costs, overhead costs, printing costs, and ultimately business costs.
  • It should be able to record and analyze profit margin, losses, sales performance and record customers' buying patterns.
  • It should have an easy-to-use interface and be customizable when required.
  • It should be able to support all types of operating systems.
  • It should accept multiple payment types.
  • It should be able to maintain accounts, calculate payrolls, and offer round-the-clock customer support.

An ideal liquor POS system helps create detailed sales reports and has graphs and charts. It should have an easy-to-use dashboard that provides real-time information on cash, sales, and inventory data.

Douglas Nolan is a CEO & Co-Founder at FasTrax Solutions. He is a believer, innovator, ideator, and creator for FasTrax Solutions. With a great passion for Technology, Douglas has always focused on solving problems with technological innovations for retailers worldwide. He always aims to deliver quality customer solutions and prioritize customer satisfaction. Reckoned as a team leader and a strong business & life coach, he firmly believes in the adage - ‘treat people in the same way you want to be treated.’ He keeps himself abreast of market trends and is always keen to learn and apply futuristic innovations to better the world. 

Douglas Nolan

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