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Why You Need a New Retail Point of Sale System for Your Smoke Shop, Cigar Store, or Liquor Store

by | Aug 28, 2024 | Customized Payment Processing For Restaurants, customized payment solutions, Customized Point of Sale Systems, customized pos systems

Why You Need a New Retail Point of Sale

Running a smoke shop, cigar store, or liquor store can be complex. With a wide range of products to manage, from cigars to tobacco supplies, and the need to keep up with chain stores, it’s crucial to have the right tools. A modern retail point of sale (POS) system is one such tool. You must consider getting a new POS system for your business. 

Accept all the most popular forms of payment needed in your business: Credit Cards, EMV Cards, Chip Cards, Tap & Pay, Apple Pay, and Google Pay.  

Efficiency and Ease of Use 

A modern POS system should be both practical and easy to use. Managing your POS system should require an engineering degree. The best POS systems are designed to help you get work done quickly and efficiently, making them ideal for any business owner or manager.  

Inventory Management 

With a wide range of products to manage, from pre-rolled cigars and cigarettes to loose tobacco sold by the ounce and custom tobacco blends, not to mention various accessories, keeping track of your sales can be daunting. A modern POS system can help you manage your inventory effectively, avoiding out-of-stock and ensuring your inventory levels on your website match what you have on hand.  

Sales and Performance Tracking 

Your POS system should allow you to see an overview of your store’s sales performance with the ability to break down sales by item, time, promotion, season, price, and more. This way, you can identify your highest and lowest-performing products, helping you make informed decisions about what to stock more of and what to clear out.  

Customer Loyalty Programs 

Most smoke shop customers are regulars, returning multiple times each week. A point-based loyalty program allows you to populate a customer database and reward your best customers, increasing customer loyalty and repeat business. This is especially beneficial for smoke shops, cigar stores, and liquor stores, where most customers become regulars  

Promotions and Discounts 

Promotions effectively increase sales, elevate customer satisfaction, and encourage lasting brand loyalty. Some POS systems even offer rewards programs that allow you to give your customers discounts that will then be reimbursed to you, increasing your revenue and traffic.  

Age Verification and Compliance 

Age verification is crucial for businesses like smoke shops, cigar stores, and liquor stores. A good POS system can help verify customers’ ages, ensuring compliance with legal requirements. 

Tobacco Reporting Program 

Do you sell cigarettes and vape? 

Our POS submits your scan data, and you can participate in Multi-Pack and Loyalty Promotions. You do nothing! – and tobacco manufacturers pay you monthly for your tobacco sales. 

Now, NPS offers easy plans where you accept your monthly promotions, and we upload all your eligible promotions with the correct rate, run them for the proper duration, and report them. 

Automatic Promotion Upload is eligible for some manufacturers. Based on your sales volume, you can earn up to 10¢ per carton, which helps offset your Tobacco Scan Data account fee. 

Reports 

Your business can generate sales and tax reports to quickly pay your sales tax, liquor tax, and more, along with inventory reporting and detailed sales reports broken down any way you need to get a good look at your business. 

A modern retail POS system from Nationwide Payment Systems can be a game-changer for your smoke shop, cigar store, or liquor store. It can help you manage your inventory, track sales performance, reward loyal customers, run promotions and discounts, and ensure compliance with age verification laws. So, if you’re still using an outdated POS system or none at all, consider upgrading to a new one. 

Click here to find out more about our programs!

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