| - We all know how easy it is to enter R2.95
instead of R21.95. An immediate loss of R19.00! So, how many items do you need to sell to make up that loss and the worst is - it was just a simple mistake..
.. - The same applies to losing
that customer when the cashier "mistakenly" rings up R21.95 and not R2.95! You might think that you have now just made a quick profit of R19.00, but, wait, if
you are the typical consumer, like me I will pick it up when I check my change and realize that I have been overcharged and off course, I will never go back
to your store not even if you gave me a full refund! It is calculated that a single customer that leaves your store unsatisfied and tells 10 friends, who
tells 10 friends, who tells
..is the equivalent of R1,3 Million in turnover! Im sure you would rather install a system to ensure that this never happens
right?
- Stock losses depending on your margins Losing 1 packet of 20 Cigarettes
in stock is the equivalent to profit you would have made on selling 10 Cartons! Controlling your stock will ensure that your cashiers & representatives (They
are your direct link to your customer after all) ensure that each item is rung up. I call it the Robin Hood Syndrome taking from the rich & giving to the
poor. After all they do think that you have more than enough money. Very few cashiers understand that the money in the drawer is not profit! Some business
owners also have a problem working that one out!
- When last did you check the margins on all your products? What if we could
give you that verification - daily?
- No more voids & refunds that come out of your bottom line!
- Do you have dead capital sitting on your shelves - let the system predict
what your sales & stock requirements will be!
- And what about that stock that the Rep told you would "Sells like hotcakes" - if it is not selling - send it back or drop the price to get that money back where it belongs - in YOUR pocket! |