Online POS for Your Ecommerce Website
Online POS for Your Ecommerce Website
Online POS for Your Ecommerce WebsitePoint of sale is a term used readily to describe a transaction being processed. There are several different kinds of POS solutions, because transactions are processed differently for different industries or types of business. An e-commerce business for example will use a retail POS solution, because it deals with the buying and selling of products online. A good POS solution must have the ability to handle the various details required for placing an order online.
The most common POS solution used by e-commerce business owners is QuickBooks. Although it is a financial software that is primarily used for accounting, it actually has so many other features that helps manage and track multiple aspects of an online store from order processing to handling inventory and customer information. If your ecommerce solution has QuickBooks integration, you will have the ability to manage your entire business in one central location. It is the perfect solution for anyone with no formal accounting background and makes running a business a lot simpler.
A retail POS system should be able to process orders for both online shops and brick and mortar stores. A business with both an online and offline presence will have to synchronize the two for the business to run smoothly. It doesn't matter if you have a physical store in addition to the one on the web or attend trade shows or other live events for offline sales, you need to be able to simultaneously keep track of all of your orders. Many of the offline point of sale functions are exactly the same as the online ones, they include:
Order processing
Accept payments
Discount, gift certificate and tax configuration
Generate sales receipts
Automatic inventory adjustments
A POS system should work in the same way offline as it does online, but there are a few more devices that are needed in order to complete the transaction. Products that are added to a shopping cart through an online store must be scanned using a barcode scanner offline. The product id and cost are then recorded for a final tally. Credit card payments are processed slightly different as well, customers must type in their credit card number in the online checkout area whereas the the card itself is swiped through a credit card reader to capture all the necessary information offline. The last step is either an invoice that is emailed to the customer on the web or a sales receipt that is printed on a sales receipt printer in an actual store. These three devices work together in the same way as an online store checkout process, simply plug them into your computer with a USB port and orders will be processed simultaneously.
The biggest benefit for using a point of sale solution for both online and offline orders is it saves both time and money. Combining the task of managing your online and offline orders makes running your entire business much simpler. Not to mention the fact that if you are only selling online at the moment or offline, you have the ability to scale your business by including the other type sometime in the future without having to completely restructure your entire business.
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