Day 30: Reach out to Point of Sale providers
Modern POS systems are much more complex than traditional cash registers. They have more features to be able to replace the complicated workflows of the business. That’s why it’s more time-saving to talk with a consultant to know more about the product. Most businesses are offering this consultation service for free, you can even get some useful advice from them.
For example, at Magestore, business consultants will not only show you the demo but also assess your current business status and help you design a fit solution, all for free. So, just go ahead and ask them what’s on your mind.
Here are a few questions to ask to make an informed business decision:
- Does your solution meet all of our business requirements?
You don’t want to pay for a system and then realize it lacks features you want. To avoid this, use the information gathered during the research stage to inquire about specific business features and how they can be leveraged to improve day-to-day operations in your business.
- Which pricing plans and packages are you offering?
Be aware of providers that give you uncompleted pricing information. When buying a POS system, don’t be shy to ask in detail about any potential hidden fees, processing fees, add-ons, and support services.
Here are some valuable questions to follow up with: Does the support service include in this price? If so, what level of support will I have access to? Are there any fees associated with updating the system? Ideally, you’ll want a system with free lifetime updates and flexible pricing options. This way you’re not charged with additional fees.
- Is my hardware compatible with your POS system?
In the worst case, you might end up having to transition again to another new system in the future. So, it’s better to ask the provider about the hardware compatibility. To avoid a situation where you cannot reuse or resell your equipment, just go with POS systems that can work on any desktop or tablet device. This way you can be sure that you only pay for the POS system, and can reuse the devices.
Depending on your business type and the kind of system you need, you may need to ask just a few more questions about more specific requirements.
Day 40: Try them out hands-on
As purchasing a POS system is a huge business investment, it’s important to test drive the POS system first. Most service providers will let you schedule a live demo to showcase their product features. So, it’s better to have an expert or a consultant to help you go through the demo and explain what you’re unclear on.
This allows you to get a sense of what your day-to-day experience will be like, and whether or not a particular product provider is sustainable for long-term operations.
During or after the demo, don’t forget to note down the pros and cons of each POS provider. This helps you eliminate all the unqualified systems to get closer to the final decision.
Day 50: Make your final selection
Once you’ve done your investigation and tested all POS options, you should decide on a system that meets your business’ operational and budget needs. If you already pick the right pricing plan for your business, now you’re ready to pull the trigger.
In this step, you will work with the chosen POS provider on an agreement, contract, and payment for the purchase of the new POS license.