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Homework answers / question archive / The purpose of this assignment is to allow you to explore the various options you have to choose from when deciding on the right Point of Sale (POS) system for you and your business

The purpose of this assignment is to allow you to explore the various options you have to choose from when deciding on the right Point of Sale (POS) system for you and your business

Marketing

The purpose of this assignment is to allow you to explore the various options you have to choose from when deciding on the right Point of Sale (POS) system for you and your business.

RESEARCH:

First, watch this video (Links to an external site.), which guides you through a basic transaction on a POS System. Most all systems work this way. You can add all the bells and whistles you'd like once you know what your business needs.

After you watch the demo, take a look at what this guy says are the top 5 POS systems (Links to an external site.) in today's market and learn why he thinks so.

Then, go to each of their websites and take a look around --> Upserve (Links to an external site.) - Touchbistro (Links to an external site.) - Toast (Links to an external site.) - Square  (Links to an external site.) - Revel (Links to an external site.)

Look at things like:

  • Products - hardware and software, cloud-based or not?
  • Pricing - you won't find many actual prices, just FYI
  • What you get for your money - what aspects of your business can you manage from the system to save time and effort?
  • Customer Service - will they be there for you if your system goes down during a busy weekend dinner period?
  • Is it user friendly? Easy interface? - How much time will you be fiddling with it?

ASSIGNMENT:

Based on what you find, tell me about some of the technologies you find very useful and what you probably could live without, and tell me why.

  •  
    • Remember, a large part of whether or not this is a good idea for the business has everything to do with return on investment. That means you should have some idea of cost.
    • The Web sites are not forthcoming about pricing without talking to a sales rep, but using judgment will help. For example, a fingerprint scanner for time and attendance functions for a 12-person deli hardly makes sense.

Who do you think will be responsible for the upkeep and management of the data for the technology you choose?

Share some "Aa-ha!" moments. What will be your biggest takeaway(s) from your research?

Your Submission:  The points you make and the reasoning behind them should be well-informed and reflect some degree of research and understanding of each of the systems and how they can support a business while being financially responsible. I would expect least 500 words to fully make a case about any or each of these systems.

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