J.D. Associates Retail POS Solutions Blog

Holiday Tips for Retailers - #2 Analyze Your Customer Preferences

  

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This Holiday Season put your customers to work for you. No really, if you have a good retail point of sale solution, it can tell you a lot about your customers' preferences and buying habits and help you in a variety of ways. Here are some ideas for using that information to drive sales, reduce inventory and make this holiday a happier one for you and your store.

Do You Know...

• What products your best customers buy most often? POS can tell you.
• When do sales increase and decrease? Day? Night? Hour? POS can tell you.
• Which vendors you spent the most money with last year? POS can tell you.
• What are the 10 slow-moving products in your inventory? POS can tell you.
• Which product categories contribute the most gross profit to your bottom line? POS can tell you.

Armed With That Information You Can...

• Place popular (and profitable) products in more visible locations with attractive displays
• Staff up for the most active days and times to capture more sales
• Feature high volume vendors with special branded displays showing off the latest and greatest products
• Place slow moving products in special discount zones with clearly marked down prices
• Group related products together to drive more add-on sales

A good retail point of sale system can be your best friend this holiday season. If you don't have one, we can help you find the best option for your business. If your current system isn't getting the job done, we can help you with that too!

For more great tips download your copy of our "8 Ways Retailers Can Have a Happier Holiday Season" guide.