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Point of Sale (POS) Systems –

Why You Need Data

The following is from Bill Scott in his Retail is Detail book:

By Lee Barter

By David Dougherty

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    TORONTO, Ont. - We have turned the corner on harsh winter weather, and spring is here.

    Spring is a time of renewal and refreshment as nature comes back to life, giving friends and family the opportunity to spend more time outdoors. As we trade icicles for flowers and snow angels for pool loungers, the warmer weather brings sights and smells that brighten up our day. Smells of lavender, vanilla, citrus and eucalyptus are just a few of the familiar and inviting scents gifted to us by spring.

    Even though scents of nature fill the springtime air, some people may have too much on their to-do lists to truly relax and enjoy the outdoors. Armor All is now bringing the natural scents of spring directly into your car. The new Essential Blends air fresheners are infused with essential oil blends of lemon bergamot, eucalyptus mint, pink grapefruit, citrus pomegranate and vanilla lavender, giving you the scents of spring wherever you go.

    "The inspiration behind Essential Blends came from looking at the average person's daily to-do list and thinking of how we could make those little in-between moments relaxing," says Megan Currie, Spectrum Brands director of marketing for Armor All. "A lot of people are in their cars for a good portion of their day, whether they are commuting to work or doing errands. We wanted to transform that daily routine into a comforting experience."

    Essential oils are known for their refreshing and restorative properties. Helping to relieve headaches, relax the mind or even energize the body, the benefits from essential oils are endless.

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“So 10-15 per cent of your stock is dead, 30 per cent is making you a profit, and who really knows what’s going on with the other 2,200 items? You need to go through your store, pick up each little item and shout “what in the hell have you done for me today?” I’ll bet you’ve got $50,000 worth of junk in every store that doesn’t need to be there. Can you really afford to keep caring for it anymore? Non-selling stock is responsible for over 50 per cent of your cost. It would serve you better in a big hole in the ground behind your store.”

So how does the above effect the point of sale system that you are using or considering to purchase?

 

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