Tips for Retailers to Survive and Thrive in COVID-19 Era

 The whole world has been revolving around a virus. The Coronavirus outbreak has affected the world significantly. Governing bodies are trying hard to fight the pandemic and hospitals have been in damage control mode to deal with the virus. Despite their great efforts, the rising Coronavirus cases are showing no signs to stop. Though the world has no idea how to fight the virus, you can at least find an opportunity to grow your retail business and help customers in this tough time – 

Timely, Contactless Delivery 

These days, people prefer online ordering more than physically going to stores. Why don’t you deliver your products directly to their doorsteps? It can help you improve walk-ins whenever things get back to normal. You can serve your customers with timely and contactless deliveries while following the government’s guidelines. You can also accept online payments to make it easier for customers to avoid physical contacts. 

Stock only what is needed for customers 

It’s time for retailers to get into crisis management mode. Supplies start to short and logistics will be affected. So, stock up only what is most important for your customers. Consider the recent sales trends and order your supplies. 

Operate from several service locations 

Don’t limit the supply of your products to only one location. You should plan well to serve in multiple locations, rather than just one community. A lot of stores ended up closing down just because of not fulfilling the customers’ needs due to location constraints. Along with increasing your revenue by reaching multiple spots, you can also help customers who need your products the most. It is the great opportunity for you to enhance your boundaries by operating through several service points. A lot of supermarket businesses are doing it already. You can also make it happen with a mobile POS. Wherever you go, your business follows.  

Consider These Technologies to run a Restaurant Successfully in the US

 You should consider the challenges and modern trends in the restaurant industry you serve in before investing in the restaurant technologies. Two markets cannot be the same and the challenges in a specific market will decide the right technology you will need. There are different restaurant technologies in the market considering the diversity in trends. Here are some of the most important technologies you will need to run a restaurant successfully in the US and stand out in competition – 

Cloud POS 

Cloud POS software is the next big thing in the restaurant industry. A lot of cloud-based POS systems have arrived with technological innovations. It is different from traditional POS in many ways. You can operate it on the go and at any time. You can even enjoy a lot of amazing features like third-party integrations. 

Inventory Management 

Inventory management is really a challenging task for a restaurant. It is very easy for smaller businesses but inventory management takes time as you go up. A restaurant inventory management is the key to your business. This way, inventory management software is integrated into your POS system to make it even easier. 

Tipping Management 

Tip management has always been the matter of debate in restaurants. It is always great to invest in a restaurant POS system with tip management features considering its use and needs. Your wait staff earns the tips and a system can easily segregate their tips and manage it well in terms of tips paid through cards. It can easily help determine who the best performing employee in your restaurant is. 

Table Management 

A lot of customers are tech savvy in the US. In addition, no one has the luxury of time to wait in a queue due to their fast-paced lifestyle. This way, people can easily book tables before they even arrive. It improves customer experience and makes the operations smoother for you.