The POS Software Blog

News from Tower Systems about locally made POS software for specialty local retailers.

CategoryBike shop software

Bike shop software advice: 3 small steps any bike shop can take to compound profit growth

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Here at Tower Systems, we help bike shop owners and team members nurture more valuable businesses. Here are 3 key steps any can take to drive profit.

  • Set higher retail prices on stock every time you can. Grow GP%.
  • Guide shoppers to purchase more in each visit. Grow basket value.
  • Invite shoppers to return sooner. Grow shopper value.

Our Aussie made and supported bike shop POS software can help you with these goals, and more, for $185.00 a month.

Our bike shop software also helps you leverage sales data for targeted marketing, leverage your knowledge consistently at key touchpoints.

Click here to watch a demo of this Aussie made and supported bike shop software. You don’t have to login or provide any details.

We also make bike shop software connected websites for a fixed price of $6,600.  We help bike shops reach further.

$185.00 a month per shop. No terminal limit. No transaction limit.

This is a total package software rental solution including bike shop software, updates, help desk support, supplier invoice imports and knowledge base access. And the bike shops software itself manages repairs, customer loyalty, visit recall, product sales, product care, and more.

We charge a modest fixed-price for setup and personal training, to help you get the mots from this bike shop software.

This software is made for bike shops, made to help you maximise GP%, made to help you promote your USP, made to help you easily encourage shoppers to return sooner.

Hundreds of bike shops use this Aussie made and Aussie supported bike shop software already.

  • Save time with electronic invoices from suppliers.
  • Easily sell online with a direct to Shopify / Magento or WooCommerce link from your POS software – including image flow.
  • Offer personal customer service by tracking service and other dates by bike.
  • Use tags to get a fresh perspective, side-view, on stock performance.
  • Leverage you. If you believe your knowledge is a differentiator, offer it through structured opportunities in the software. This helps you stand out from other places people could shop with.
  • Genuinely differentiating loyalty. Stand out from the crowd. Have customers coming back to youfor this.
  • Sell more with a direct connect and integrated with the POS buy now pay later services.
  • Drive a deeper basket from one-time-only visiting shoppers.
  • Offer differentiating personal bike care by tracking serial numbers.
  • Easily handle special customer orders. Bring product in for a specific customer and have them notified by email or text when the goods are in.
  • Trade and club pricing profiles. Set pricing rules based on customer type.
  • Make money from pre-orders – Easily pre-sell a delivery so that when the stock arrives you can manage distribution and billing efficiently.
  • Differentiate with informative receipts. These can include product care, use and safety information based on what customers buy.
  • Differentiate with bundles. Selling items bundled together makes price comparison hard.
  • Track who sold what.
  • Say goodbye to LayBy (if you want) – with buy now pay later options.
  • Market to customers based on past purchases.
  • Cut mistakes with integrated EFTPOS.
  • Cut accounting and bookkeeping fees with integration to Xero and others.

This bike shop software is made for local indie bike shops.

7 steps to choosing the right POS software for your local specialty retail business

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The POS software you choose for your indie retail business is an important decision. Get it right and the business could prosper and become considerably more valuable. Get it wrong and it could cost you plenty.

In thinking about the software you want, think about your business. The software you choose needs to serve your needs. Here are some headline level thoughts … 7 steps to choosing the right POS software for your local specialty retail business

  1. If you see your business as specialist in nature, the software you choose should be specialist.
  2. If part of your business pitch is to shop local, choosing locally made and supported software supports your pitch. Local software is software made and supported in Australia.
  3. If you want to be known as the local specialist, you need software that helps you do this consistently and effectively.
  4. If you do repairs or maintenance of any sort, you need software that can handle this.
  5. If you sell items bundled such as a rod, reel and line pack, you need software that can handle this.
  6. If you are in a tourist area and sell to people once, or once a year, you need software with loyalty facilities to maximise their rare visits to your shop.
  7. If you sell products by weight or measure, you need software that can do this, you want software that allows you to sell by fractions.

Think about these things and think about what you want in software in your business to help you stand out. If it does not feel right, say no thanks and look elsewhere.

Here at Tower Systems we will tell a sales prospect if we think our software is not a good fit based on the needs they have explained to us. There is no value to us or the sales prospect in them going with software that is not a good fit.

We have won plenty of customers who made a poor choice before landing with us. We take care to ensure we fit their needs because the last thing we want for them is another poor tech experience.

There are many generic and cheap point of sale systems in the marketplace. Price does matter. You would know that in your business. Think about the shopper who wants a full kit but says they want the cheapest. Think about your advice to them. If you say price does matter and that you get what you pay for, the same is true with retail business software.

A small higher price today for the right software could save many times the gap between it and cheap generic software.

So, work out what you want. This must come first, ahead of any budget.

Be flexible. Once you have chosen software, follow the advice provided by the software company and the expert they send to your business to train you. If they suggest changes to your business processes, embrace them. While changing what you do can be frustrating, software designed specifically independent specialty retail businesses is specialist in nature and it does what it does based on years of development and feedback from many customers.

Be disciplined. Software is like a machine. It needs the right fuel. For software, that fuel is data. Ensure everyone in your business is disciplined in how the software is used. From the moment stock comes into the business to when it is sold. Track it. This will help you make better business decisions.

Be engaged. Your software company will want a two-way relationship If you have suggestions, share them Play a role in the continued evolution of the software. This helps you and other businesses in your channel.

Save time. The right software will help you eliminate manual processes. Embrace these opportunities as much as possible. Time saved is time you can invest in yourself or in the business. Seek time saving opportunities out.

Be realistic. Any new software will be a challenge. Know that you will have some rough days learning the new things. Accept these by focussing on the main goal of enjoyment and efficiency once you know the software well.

The software you choose reflects your business. Take your time. Be certain about what you want. Invest well and the right software will easily pay for itself.

How the Tower Systems POS software helps retailers navigate supply chain challenges

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Supply chain challenges are impacting retailers across many sectors. The challenges are not new, certainly not in the last two years at least. Here in mid 2022, the supply chain challenges are more impactful than before, and local retailers are being hit hard.

In the face of the unknown as to inventory arrival, some retailers ignore revenue opportunities.

In our POS software we have facilities that they local retailers win business and lock-in revenue despite supply chain uncertainty.

From managing inventory to capturing revenue for forward orders to easily shifting from one supplier to another, our POS software provides retailers impacted by supply chain challenges with tools that can provide appreciated flexibility.

With plenty of products impacted by supply chain challenges, customers are happy to wait if there is certainty they will eventually receive the products. This is where our software shines as it manages these special orders, providing the detailer with a structured framework through which to manage the opportunity and the customer the confidence that the retailer has it covered. By systemising the approach, bringing certain structure to it, the retailer can capture revenue early and the customer can be calmed knowing the retailer has their back.

Good POS software helps local retailers navigate often complex situations that are outside their control, offering the local retail business revenue stability that is key to on-going trading.

Through our work across a range of retail channels we are well aware of and across the detail for supply chain challenges. We have helped retailers who acted to stock pile inventory to see them through, managing that inventory across multiple locations. We have also helped retailers work with other retailers to share inventory across multiple businesses.

These are just two ways we have practically helped local retail businesses deal with the latest supply chain challenges impacting local sales.

Offering flexible POS software, we have been able to provide local retailers with pathways though supply chain challenges that are usually only available to bigger businesses. We arebgrateful for a local small business retail community that works together.

Tower Systems is a local Aussie POS software company seeing a range of local specialty retail channels.

With buy now pay later facing so many problems, LayBy is back in vogue

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Buy now pay later businesses are having a rough ride. They face challenges due to the ease with which people can get credit, their break fees, the cost to retailers of offering the payment method and the entry of new competitors into the space – like banks and Apple.

It feels like the glory days of buy now pay later as a traffic driver for retail are over.

In our Tower Systems POS software we have good LayBy tools, which any retailer can offer and manage easily. We developed these many years ago and have maintained them. Today, we have some retailers handling thousands of LayBys every year. We bring structure and support to offering LayBys in any local business.

Here is a 6-minute video we shot about this yesterday morning.

Using the LayBy tools in the Tower Systems POS software, small business retailers can offer professional management of LayBys including:

  • Structured terms and conditions.
  • Collecting a deposit every time.
  • Managing payments.
  • Handling the adjustment of what is in a LayBy.
  • Managing the collection of the LayBy.
  • Understanding the total LayBy situation of a business.
  • Knowing the location of a LayBy.
  • Feeding LayBy data through to any connected accounting software.
  • Giving even casual employees a structured process through which they can be certain with LayBys.

Best of all, the LayBy facilities in the tower Systems POS software help a retail business to bring structure, certainty, to the LayBy offer in a business and this leads to good business, efficient business, profitable LayBy business.

We make LayBy easy but certain, a differentiator on which local retailers can rely to win business and provide a service local shoppers love.

For too many retailers, offering LayBy can be a grind, problematic to manage. Using our LayBy tools we offer structure. many retail businesses in our POS software community find this useful to LayBy being a more enjoyable part of their businesses. We like this. One of our goals is to help small business retailers enjoy their business more.

With the advent of BNPL, LayBy can be a small business win, a true differentiator, and Tower Systems helps achieve this.

Helping local small business retailers surf

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Learning how to use POS software is like learning to surf on so many ways. It’s about knowing when to push off, which wave to catch, how to balance, how to ride it is and when yo feel exalted.

It’s kinda how we approach training, mentorship and support here at Tower Systems for our 3,000+ local retail business POS software customers.

Every local retail business has different waves, different challenges and opportunities. Every local retail business owner and team member has different skills. We know that a one size fits all approach does not work, that there is no corporate approach you can take to implementing POS software. It’s why our approach is personal, fit for each customer business.

We like the surfing analogy because it reflects the unexpected we see in local retail, the need to be flexible, to read the waves and to adjust accordingly. This is what our POS software helps with, and our training guides local retailers on this.

Tower Systems is not your average POS software company.

Small business retail advice: attracting new traffic

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Attracting new traffic, new shoppers, is vital for local retail businesses. Every new shopper adds value to the business today and into the future.

We are always looking for businesses that do this well, in ways not traditional for that type of business. We found one a few weeks ago in Lake Geneva, Wisconsin – the Avant Cafe & Cycle shop. Here is a new video from us in which we explore what we like about what the folks at Avant are doing, what we learned from them.

They offers are well defined, quality and complimentary, yet able to successfully stand along … and that is key to any business attracting new traffic for specialty products or services – they need to be able to stand alone as that strength enhances the value of the combined offer.

Pursuing new traffic is the single most important business management activity for you and your business.

We suggest pursuing new traffic is a meditation point for any local specialty retailer… new traffic, what it is, what it means and how you can attract it

When you approach any management or strategic activity in your business, think about what this task or activity will do to attract new shoppers.

It is not enough to do something in your shop for that is only seen by people in your shop.  What are you doing to promote this outside your shop?  … because that is where new traffic is to be found.

This is not something for your suppliers to do. It is up to you. Only you and your actions can attract new traffic.

Pursuing new traffic is about far more than putting new products in your store. Indeed, stock is only one of several steps that are all connected in pursuing new traffic. However, stock is the start. Stocking new lines never offered in the business are the best first step to take to bring in people who do not shop with you today.

What they are doing at Avant is attracting people who love and appreciate good coffee while at the same time attracting local cyclists and people wanting to purchase bikes or have their bikes serviced.  Each of these separate areas does well, and they compliment each other.

“I just want to be seen, to be noticed” … how can my local retail business do that, be noticed?

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It can be a struggle in local small business retail to be noticed. You can feel helpless, under-resourced, too small to be heard. The negative self-talk can have you doing less, being heard less, noticed less.

In truth, local small business retailers have the best voices, the most authentic voices, the most valuable voices for the local community.

The best way for any local retail business to be promoted is through word of mount and word of mouth depends on customer service and value appreciation.

The Tower Systems POS software helps nurture word of mount. Better still, it helps support the value appreciation. It does this by demonstrating value consistently, at shopper touch points, in ways we see them appreciate, and talk positively about to others.

Our local small business retail helps retailers systemise and structure these activities so that the value of the business can be felt and understood in ways that support the growth of the business through the attraction of new shoppers, thanks to word of mount commentary.

Local small business retailers can compete against big, well-funded, businesses.

The key is to be yourself in what you do, what you offer and how you communicate. This is where the Tower Systems POS software helps as it comes from an understanding of the challenges of local small business retail and the value these businesses offer their local communities. Our software, which is only used in indie retail (no big business) offers subtle platforms for sharing the massages core to the business and ways the business can add value that are exclusive, unique.

Imagine the delight a shopper feels when they are given something unexpected, something they can use right away, something that appreciates their business in your shop that day … and that they have been given this without having to sign up for anything, without having to fill in a form, without having to give any personal details. This is a measure of trust between the business and the shopper. It has the shopper more engaged, more trusting and moire keen for the opportunity.

This is one way our POS software helps local small business retailers provide appreciation that is talked about, mentioned, raved about. We have seen this help bring new shoppers to local retail businesses.

This is one of plenty of ways the Tower Systems POS software can help local retailers be seen, be noticed, and flourish.

Together, we can do this. We’ve got your back!

POS software for spare parts retailers helps manage inventory, reduce theft and save time

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Tower Systems is grateful to see its POS software serve spare parts retailers in an often neglected space of retail.

This opportunity has grown out of other specialty retail channels in which we serve. Tower Systems has served bike shops, jewellers and farm supply businesses with spare parts inventory software for many years.

Growing out of our workshop management software, our spare parts inventory software became critical to accurately recording sale and use of spare parts in repairs as well as over the counter to customers.

Offering tracking by brand, use, supplier, barcode, SKU and more, this spare parts inventory software works in a range of situations and businesses. Motor bike businesses, trailer sale and repair businesses, bike shops, jewellers, outdoors businesses, farm supply businesses, pool maintenance businesses … they can all use this spare parts inventory software.

Within the software, you can ember use and care instructions for each product. While this is optional, it offers the business the ability to be more than a seller of products. Selling products with information, intellectual property, can differentiate the business and this is key to return business.

Managing spare parts inventory in multiple locations can be handled. Pricing, too, is flexible with the ability to offer flexibility to shoppers based on purchases and other factors. This is software that has been road-tested in a range of retail settings.

Retailers are able to bundle multiple spare parts together into a package that you sell. This can make price comparison harder. It can also better serve customer needs if some spare parts are always bought with other spare parts.

In addition to managing inventory, this spare parts inventory software offers multiple reporting tools that enable various views of inventory performance. The flexibility in the reporting is useful and a key factor in the software serving needs across several types of spare parts related businesses.

Accessible in-store, online and through a remote POS solution, the spare parts inventory software from Tower Systems is a software solution for many different businesses.

The best way to see if the Tower Systems spare parts inventory software is suitable for your needs is to see it. The company can organise a demonstration easily, when it suits you. Send an email to sales@towersystems.com.au and one our skilled software advisors will get back to you and show you as much of the software as you would like to see.

Tower Systems serves more than 3,500 independent small business retailers across a variety of specialty retail channels. That several of these retail channels depend on spare parts inventory software positions Tower Systems well to offer service to others with this need.

The best loyalty solution for local small business retailers

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If your local retail business competes with big businesses and online businesses, you are likely copying them and their approach to loyalty. Points are the common approach. The world is obsessed with points, chasing them, collecting and trying to spend them.

But who knows that they are worth?

Each point is not the same whereas each dollar is a dollar everywhere.

The Tower Systems POS software offers a points based loyalty solution embedded in the POS software – for businesses that like to copy big business. The businesses that like to innovate, be different and stand out, however, use the discount vouchers facilities in our POS software. In these facilities there are no points accrued. rather, loyal shoppers accrue dollars. See how:

With hundreds of local small business retailers using the Tower Systems discount vouchers we have good data to speak to when encouraging local retailers to embrace the opportunity.

For years, retailers, especially independent and small business retailers, have been told to follow retail giants and reward loyal shoppers with points that can be redeemed for gifts and discounts.

Dutifully, many small business retailers acted on this – but without a thought-through strategy to achieve the best outcome for the business.

Without a financially rewarding outcome for a business, a loyalty program is worthless.

This is why retailers, in any retail channel and in any retail situation – high street, shopping mall, rural and or regional – need options in terms of shopper loyalty rewards.

While a points based program is useful, it could be that the business will benefit from a different approach.

Good POS software will offer flexibility. This flexibility can add thousands of dollars to the bottom line performance of a retail business each year.

Change the game: front-end loyalty

By using an approach we at Tower call front-ending loyalty, retailers can achieve more from first-time and infrequent shoppers. Front-ending loyalty brings a reward to the front in an effort to engage shoppers in additional purchases sooner.

Too often loyalty has been all about total spend over a year whereas above average spend in just one visit can be more valuable to a business.

It’s an approach that can encourage those who do not shop with you to purchase something else right away, to get the value of the cash discount offered.

Regular shoppers can spend the cash discount right away or come back within any time limit you set.

We started trialling this front-ending loyalty strategy in February 2013 in several retail businesses. We did it using the Discount Vouchers facilities in the Tower Systems software.

Building the basket

From the first day we saw shoppers changing behaviour.

One chap came in to purchase a specific item. When he was handed the receipt the voucher was pointed out to him – offering $2.00 off his next purchase. He was not a regular and so spent the $2.00, and more, right away on another item. He received another voucher and purchased a third item. In all, he spent three times as much as the original purchase – all because of the Discount Vouchers he received.

Around 33% of all vouchers redeemed are used the day they are received. This shows customers building the basket – adding to their purchase that day as a result of the voucher. This makes each visit more valuable to us.

Bringing shoppers back

Around 33% of redeemed vouchers are used within seven days of issue and the remaining 33% are redeemed up to four weeks after issue.

Here’s another real story: A month after we started trialling this new approach to loyalty, a customer came in and used a voucher she had picked up a couple of weeks earlier. She was happy to get $5.00 off a $45.00 item she wanted. This resulted in another voucher so she bought another item for $29.95.

This customer said she would be back. Two weeks later she was.

You control the business rules covering how vouchers are issued and redeemed. You control your financial exposure at all times.

Like any good loyalty program, you need good levers with which to drive shopper engagement and to deliver the benefits it needs to justify the investment.

The Discount Vouchers facilities in the Tower software have this.

Bike shop POS software enhancements a game changer for indie bike retailers

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The bike specialist team at Tower Systems is well aware that the market they operate in is changing rapidly. The new Bike shop POS software from Tower systems was designed to meet their needs for functionality, ease-of use and design so it can be used by retailers across all levels of operation – not just those with large engineering teams at hand!

In addition each update after launch has come about thanks not only because owners wanted features added but also advice on how best present these updates within an increasingly competitive economic climate where consumer spending remains high but in which competition from online and gig type use is driving change.

The Australian-made bike shop software has been designed to streamline operations and make life easier for retailers. The robust features offered by the program ensure that managers can keep track of their part spending, labor hours spent on jobs like servicing or repairing bikes (without using external systems), as well as important information such serial number tracking tools which helps with insurance claims when needed!

Bike shops can now use their intellectual property to create a competitive advantage and develop new customer relationships, thanks to the Tower Systems bike shop software.

Tower Systems has created an innovative software system that gives them insight into how valuable each of their customers is, as well as facilities for leveraging this information through different channels like online platforms or email marketing lists so they are always in touch with potential buyers who may have been overlooked before now!

The Tower Systems Bike shop software costs $185.00 a month, for access on as many computers as a business runs in a location. The $185.00 capped pricing approach makes accessing the software cost effective for bike retailers.

There is no credit check and no long-term contract to sign.

Already in use in 350+ bike shops in Australia and New Zealand, the latest update is set to expand this.

Using this software, bike shop staff can also manage online sales, colour / size / style, insurance claims, warranty tracking, marketing, linking to Xero, links to suppliers and selling online and through Bike Exchange.

This software provides genuinely different loyalty tools that are tuned to the needs of bike shops and shopper engagement patterns in bike shops.

Bike retailers can share knowledge through the software, too, better connecting their business with local riders, demonstrating the value of shopping local.

Linked to Shopify and Magento, selling online is easy, too.

5 ways to make your local retail business more competitive

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Every day can feel like a grind in local small business retail. A grind competing with big businesses, a grind competing with online businesses. It can wear people down if they let it.

The key is to not let it wear you down.

It starts with loving your business, believing in it, respecting it and making it stronger at the core. That’s what this advice from Tower Systems is about today, making your business stronger at the core, by making the business more competitive.

5 ways to make your local retail business more competitive

Now, before we get into them they will feel easy, even lame. The thing is, these are deliberately everyday things you can do without a budget, just with a small time investment.

These are all things your POS software, like the Tower Systems POS software, can help with if you wish.

1. Offer something unique that your competitors don’t. This could be a unique product, service, or even just a specific focus or niche that you cater to. have a point of different. This matters a lot. Create it, embrace it, leverage it. This point of difference is you, it is your reason, your go to, your 7 second pitch.

2. Make sure your prices are competitive. This doesn’t mean always having the lowest prices, but rather offering a good value for what you’re selling. Value is something you create based on how you bundle items, how you source to differentiate, how you make raw price comparisons hard.

3. Offer excellent customer service. This could be something as simple as providing a great experience in your store, or going above and beyond to help your customers. make it personal, different and valuable. At each contact point provide that extra bit that helps people make better use of what you sell.

4. Use marketing and advertising wisely. Make sure you’re targeting your ideal customer, and using the most effective channels to reach them. When you market, market you, your point of difference – always ahead off price as price based shoppers are not loyal.

5. Stay up to date on industry trends. This will help you anticipate changes and stay ahead of your competitors. It will also help your business be a resource, and that will bring people back.

Being more competitive in local retail is all about you and the core of your business. get this right and worries about competitors out there, real or imagined, will fade away.

Tower Systems through its POS software helps with this and more. We have embedded in our software opportunities for you showing your competitive advantages, giving shoppers lived experiences they will love.

More retailers switch from MYOB Retail Manager to Tower Systems POS software

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We are grateful to have welcomed more retailers to the Tower Systems POS software community from the MYOB Retail Manager software.

With MYOB making their intentions re the future of Retail Manager clear, retailers, community groups, clubs and others using the software are looking for alternatives, solutions o9n which they can rely into the future.

Tower Systems has helped many businesses and groups move from MYOB Retail Manager to the Tower Systems POS software. We do this in a structured and methodical way, working with our customers to bring across what they trust and helping them setup in a new world with fresh data fresh settings and, best of all, comprehensive training and one-on-one support.

We have many customers in many different retail settings who have made the switch from MYOB Retail Manager before. They can speak to the software as well as our support processes that have helped them land where they are. People switching from MYOB Retail Manager today can rely on the experiences of others. They can also trust the Tower Systems commitment to continual evolution of its POS software in service o0f the needs of specialty retail.

Like any new installation of our POS software, we start the relationship wanting to ensure we understand the needs of a business. This actually starts before prospective customers even sign up with us. We want to make sure we can meet their needs. So, we start a discovery process before anything else. If our software does meet their needs, then it’s full steam ahead with comprehensive training in how to use the software and easy to access customer service for any query customers may have once the training is completed. We make it easy to learn and easy to continue to learn long after the software is being used in a business.

We differ from the old MYOB approach in that we provide all our own training, we are very accessible – through to our leadership team, our software is regularly enhanced, documentation is regularly updated, and, support access is easy and direct … by phone, email in person, text message or through social media. We make it easy for you to reach us when you need us.

If you are using MYOB Retail Manager in your business and you want to consider an alternative, Tower Systems is here for you. We’d love to find out more about your needs: 1 300 662 957 or sales@towersystems.com.au.

Serial number tracking in POS software

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Not all POS software tracks serial numbers.

The POS software from Tower Systems does track serial numbers, and here’s how:

This new short video is another in our series for our POS software customers and our sales prospects. It’s another way we remind local small business retailers the value of our locally made and supported specialty retail POS software.

Ideal for jewellers, pool maintenance businesses, firearms dealers, bike shops, pet shops, appliance businesses.

By tracking serial numbers using the Tower Systems POS software, retailers can provide a level of service to customers they will appreciate. Serial numbers are listed on receipts. They are recorded, too, for later use should the item be stolen from the customer and they need to do a claim.

Tracking serial numbers in this Tower Systems POS software also sets your business up for longer term tracking of the service history of an item. This can be a valuable way to differentiate the services provided by your business.

The serial number tracking tools are part of the POS software for specialty retail settings such as jewellers, bike shops, pet shops and more. It is included in these products at no extra cost, no additional monthly fee.

Embedded in the Tower Systems POS software for a range of specialty retail marketplaces, the serial number tracking tools are a genuine value-add without any additional cost., They are a core part of the Tower software, able to be used at any time. This is key in that retailers will appreciate not having to pay extra to use serial number tracking tools.

In the pet shop channel, the serial number tracking tools are used to record pet microchip details as they, in an of themselves, are a form of serial number. Being able to track pet microchips in this way, using the serial number tracking tools, helps pet shops to provide a service pet owners and lovers certainly appreciate.

The serial number tracking tools in this software are another differentiator, another benefit for local business retailers through which they can provide an appreciated level of service to customers.

Tower Systems is grateful to its customers for their support in helping us reach more local retail businesses.

How local small business retailers can be a big retailers in the shopper loyalty stakes

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Rewarding shopper loyalty in retail businesses has become industrial in scale, which means it is less personal, and more about the retail business than the shopper.

Too many local small business retailers think the best way to compete with big business loyalty offerings is to copy them, which means offering points to shoppers that they can then use somehow in the business.

What are points worth?

That’s the million dollar question. or, maybe, the million point question.

Because … in one shop a point is equal to a dollar, in another, it takes 1,000 points to equal a dollar, while in another it takes 10 points to equal a dollar for selected items in the shop but not everything they have available.

No wonder shoppers are confused as to the actual value of loyalty points. They are confusing.

While our awesome local retail POS software serves a points based loyalty offering, because our POS software customers wanted that, we also have an awesome, and better we think, loyalty solution that is $$$ based, that shoppers understand, and love – we say love because we have seen and heard shoppers say this. Better still, we see shoppers love our $$$ based loyalty solution through their spending patterns.

What we offer in our POS software loyalty solutions is flexibility, transparency and easy engagement.

You can have your Tower Systems POS software loyalty solution live in minutes.

It costs nothing to setup.

What you invest in it is 100% your call.

What shoppers get from it is 100% your call.

It’s a standard part of our POS software – you don’t have to pay us or anyone to participate.

Shoppers don’t need to register, which means more will engage.

This is about driving sales, as that’s key in any retail business.

Sure, likes are nice and follows are great and having plenty of members in a loyalty program makes your chest puff out … b u t  what really matters, what matters the most in any shop, in any retail business, is the business you put through your register and it is this business, what you sell and what you make from all that, which pays the bills, pays your people, pays you.

The Tower Systems approach to shopper loyalty through its local retail POS software offers a points based solution. but, better still, is the $$$ based offer that any customer can understand and with which any customer can engage, including those one-time customers you will never see again – those customers can do 2, 3, heck, even 4 transactions in a single visit. That’s what we have seen when retailers turn on our awesome POS software loyalty solutions.

Tower Systems makes POS software for local specialty retailers like jewellers, garden centres, bike shops, pet shops, newsagents, toy shops, sewing shops, homewares shops, gift shops, firearms dealers, adult shops, bookshops, farm supply businesses, mobility scooter businesses and pool maintenance and supply businesses.

It is this specialisation, this service of local small business retail that helps us provide solutions for shoppers who do shop local and who can be loyal, providing wonderful and valuable business to the local high street retail economy.

Tower Systems helps retailers separate online and in-store revenue for easy reporting

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If your shop sells online and in a physical store, how easy is it for you to report on sales revenue by location of the sale?

How easy is it for you to report in-store sales versus online sales?

We think this should be easy.

Online sales have a different set of costs compared to in-store sales. There are different customer acquisition costs, too, and different fulfilment costs.

By separating out the reporting of sales based on the platform through which sales are transacted, Tower Systems provides retailers using its POS software with insights that could be valuable in better understanding the business, and thereby better taking those next steps in the business.

This level of reporting in the Tower Systems POS software is differentiating for the business, it is helping Tower Systems to win customers, for which we are sincerely grateful.

When we shared our innovative approach with our customers, there was much joy. The enhancements were not sought out by our customers. We did it because we saw the need in our own retail businesses. So when the enhancements were released in an update a while back, customers were surprised. It was like giving them a nugget of gold that made their use of our POS software even more valuable. We are so proud of delivering this and delivering what’s next in this space, and next again.

While our POS software connected Shopify, Magneto and Woo customers can get the online sales data from those platforms, by bringing it together in the POS, which manages data for all sales – in-store as well as online – made sense to us. It’s a time saver for retailers and retail business managers. It is a good decision feeder by placing this data, these insights, in one place.

This is a good POS software move, a value-add, a way the Tower Systems POS software enhanced the user experience and the value they can mine from their use of our POS software.

Maybe you can tell we are excited. Well, that’s because of customer feedback. Yes, it’s been terrific, for which we are even more grateful.

2022 is a good year for local small business retail and we are happy to be part of the story evolving in many main street settings in Australia and New Zealand.

Retailers: beware POS software companies that charge per transaction

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When comparing POS software for your retail business be sure to look at the total cost of ownership.

If there is a fee per transaction, work out what you would be paying for the software based on your current transaction volume level.

One local retailer recently discovered that they would be paying $5,000 a year more for another POS software product compared to going with Tower Systems. This is despite the other company saying they were low cost.  Once they added up the software rental cost, the per transaction cost, the EFTPOS cost and the cost for additional support to match what we consider to be basic support, the cost was even greater.

We all have EFTPOS costs so comparing the companies on that net each other off. The real differences were in the per transaction cost – we don’t have one – and the cost for extra support – there, it’s all included.

Taking a moment to more completely research the cost of POS software can reveal significant cost differences.

Another company said their rental was $50 a month less if you sign ups for their payments platform. You had to dig a bit to see the actual costs of that. What we found in that situation was that their payment costs were 33% above market cost, meaning a business that signs up for their payments platform would pay far more to use their POS software than if they went with us, where costs are transparent and fixed.

The retailer being hit with these costs, once they discovered the extent of them, was horrified at what they had been paying.

Here at Tower Systems we are a POS software company. We are not in the business of setting our price based on your transaction volume or how people pay. Indeed, it frustrates us when local retailers discover how much extra they have paid because they signed up to a transaction fee arrangement as most we have spoken to who did this did so without understanding. They thought it was a saving. They tend to feel dudded and this negatively impacts how they see all POS software companies.

All of us in business owe our customers transparency when it comes to pricing. Charging per transaction or charging based on the use of a payments platform is not transparent based on what we can see, or not see as the case may be.

Retail advice: if you are concerned about rising EFTPOS merchant t fees, here are some steps you can take to help

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It’s an easy complaint to make – my merchant fees are going up, it’s not fair, time for me to consider another supplier.

Okay, yeah, that’s an easy take. It’s a cheap shot by us to call it out. But, let’s explain and explore it with you.

Our advice is to look at your data first.

We have thoroughly looked at hundreds of thousands of baskets from many retail businesses.

The most common reason merchant fees are increasing is because of more sales transacted using EFTPOS.

While sometimes the actual fee basis, flat fee per Tx or percentage, increases, this is rare.

Yes, the most common reason a retailer paid more in merchant fees last month than the month before is because more transactions were paid for on a card.

So, the EFTPOS provider is not the cause of the issue.

Retailers is some marketing groups have access to preferential rates that see them paying the lowest fees in the country.

But, that addresses only the base cost.

To address the growing cost to the business, of people using a card to pay, you need to be an engaged retailer. Here are some ideas:

  • Promote cash payment – if you want the costs associated with cash of course.
  • Be clear as to the cost of using a card. You could apply a surcharge, which I think is a ridiculous idea though.
  • Price knowing that cards will be used. Build the cost into your pricing model. Keep the bump under 2% and it is less likely to be noticed.
  • Lower a cost elsewhere to cover the cost. Look at your labour cost, for example. Shaving a hour of employee rostered time can save you around $30.00, that’s equal to purchases of $3750.00 on a card – depending on the type of card used.
  • Increase sales. While you should be single-mindedly focussed on this anyway, increasing sales helps you address the EFTPOS cost and more in the business.

It’s easy to kick a bank over EFTPOS fees. But … before you do that, look at your own behaviour. Here are common points in retail businesses that retailers overlook when they kick a supplier:

  • Dead stock. It’s easy to identity but often not. A problem not seen is not a problem to some. In my experience on conducting an audit of stock performance, usually, 20% of stock on the shop floor over which the retailer has full control underperforms and should not be there.
  • Bloated roster. Some prefer to spend money on people so they have time to themselves for relaxing, golf or to sit in the back office, where no customer purchases from.
  • Wrong trading hours. Some stay open too long while others are not open long enough. Either way has a cost to the business.
  • Being blind to theft. Theft in retail, like a local newsagency business, costs on average between 3% and 5% of turnover. Not watching for it, tracking it and mitigating against it has a cost to the business.
  • The wrong product mix. GP% is a key measure of retail business performance. Increasing yours beyond what is traditional for your channel provides you with a buffer. For example, transaction count / sales can decline and you can be okay. Measure GP%. Set a goal. Chase it. The air is cleaner in above average.
  • Ignorance. It’s not bliss. It’s not! There are insights in your software that can guide better decisions, faster decisions, more financially rewarding decisions. Yet, too many in retail don’t want to know. That failure costs them plenty.

The 6 items on the above list are all on the retailer to address.

We get that it’s easy to complain about high EFTPOS fees. If you are contemplating that, please take a moment to look back inside your business, look at the reason why and see if there are decisions you could make that are more valuable than complaining about EFTPOS fees or changing supplier. Our team here at Tower Systems would be happy to help.

Rising EFTPOS fees are likely not a problem since the y reflect rising sales, unless your provider is hiking your fees, which is rare.

Choosing the best bike shop POS software for your bike shop

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How do you choose the best bike shop software for your bike business?

Okay, first up, note that this website is run by Tower Systems. We make bike shop software and have done for 20+ years and already serve hundreds of bike shops with our software. So, read on with that bias understood.

The best bike shop software for your business is the software that serves your needs. yes, your needs. Not the needs of suppliers. Not the needs of landlords. Your needs are what matter most.

If a supplier recommends bike shop software to you, wonder about why, what’s in it for them and do their needs truly match your needs?

Good bike shop software is made for bike shops, is made and supported locally, regularly evolves and it fits your needs.

Here at tower Systems, we back our bike shop software with excellent customer service that aims to help you run a more successful business. Our engagement is focussed on you, not a supplier, not anyone else, you. We want you and your business to thrive. and, that includes providing helpful business advice, like …

3 small steps any bike shop can take to compound profit growth.

  1. Set higher retail prices on stock every time you can. Grow GP%.
  2. Guide shoppers to purchase more in each visit. Grow basket value.
  3. Invite shoppers to return sooner. Grow shopper value.

Do these 3 behind the scenes and easy to implement things consistently, and together, they compound profit growth. 1 + 1 + 1 = more than 3.

This is pretty basic business advice. But, when you embrace it through the focus of our fine-tuned bike shop software you have an in-store system that can work well for your business and all who rely on it.

We mention the 3 steps as they go beyond what you typically hear from a software company – they speak to the business management engagement offered by Tower Systems through its bike shop software and the service supporting this.

Our Aussie made and supported bike shop software is software to love and here’s why …

  1. Local matters. Local bike shops make a vital contribution to local cycling communities and families. Our software helps you leverage your localness, to genuinely differentiate your business from big competitors.
  2. You are a key asset. Only your business has you and your people. You can leverage you through our bike shop software, to easily share your knowledge in ways big businesses cannot match.
  3. You can bank on loyalty. Points don’t reward loyalty. What is a point worth anyway? In our bike shop software, you have fresh loyalty tools you can bank on to drive a deeper visit value, bring shoppers back sooner and genuinely leverage their lifetime value opportunity.
  4. Service, service, service. Offering service and managing this for the benefit of your customers and your business can genuinely differentiate thanks to our Bike management tools. You can bank on this difference.
  5. Not every shopper will walk, or rides, past your door. A smart and seamless connection between your software and a beautiful website can help you easily and with low overhead sell to people you will never meet.

Local bike shops are vital in local communities. We are committed to helping you run a more enjoyable and successful business.

Call 1300 662 957 or email sales@towersystems.com.au.

Xero connects POS software helps local small business retailers save time and cut mistakes

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The Tower Systems POS software connects directly with Xero and has done for many years. we are grateful to be a development partner of Xero, providing seamless and safe data flow between the POS software and Xero.

Retailers using the Tower POS software can turn on the Xero accounting software connection without additional cost. yes, this Xero POS software link is included with the software, helping to reduce the cost of accurate accounting for local small business retailers.

The development of the POS software Xero link has been overseen by our retail software development experts and our own COPA accountant, taking it beyond the usual software focus – this is a whole of business focus, a whole of business solution, which we use ourselves in the 4 retail businesses we currently own – yes, we have our own practical experience with this PSO software Xero integration.

Save time, eliminate bookkeeping costs, cut mistakes and make better business decisions sooner with the Tower Systems POS software Xero integration. This link cuts keystrokes and every keystroke cut is a possible mistake eliminated.

The Xero integration designed by Tower Systems, working with the folks at Xero, makes it easy for small business retailers to cut accounting paperwork and thereby tap into time and money saving benefits.

This POS software Xero link has been made for local small business retailers like jewellers, garden centres, bike shops, pet shops, toy shops, sewing shops, newsagents, produce businesses, fishing shops and many more. It has been made for them, to help drive efficiency.

PERSONAL SERVICE MATTERS.

Here are areas where the Tower Systems approach shines, where our personal service matters.

Our training is personal, one-on-one. It is delivered by someone with extensive retail experience.

Our help desk is based locally. When people call, the call is answered by a human and not a computerised phone system. We believe in personal service.

This matters especially to retailers using the Xero link in that if they have a query, it is vital it is answered quickly and professionally. This is the Tower Systems difference in action – based on our own personal experience using the POS software Xero link ourselves – we bring that experience to every call, every interaction.

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