What Are The Real Costs of Getting the Point of Sale System? |
Posted: June 14, 2017 |
Why get the point of Sale System? If you are a new and growing industry, one of the most important things that you are going to need to get is a POS system or point of sale system. It allows you to complete the business transaction between yourself and your customers. These connections are vital for profit growth. But what does it cost to get a POS system?
Basic Costs The exact cost of your system is going to depend on several different factors, which we will talk about next on in this post. But there are several essential items that you are going to need to run your POS system. First, you need the hardware. Again, this will depend on the exact system that you use, whether an in-store system or a mobile system. Next, you will need software to run the transactions. These basic costs can run anywhere from $100 to $2,500 for a single system. (source) Or some systems can be purchased by paying a montlhy fee, a good example of such a system is called Harbortouch.
Type of POS System There are two primary types of POS systems – cloud based and in-store. Cloud-based systems are going to run through the cloud, which allows the software and the data from transactions to be stored and run through the cloud. It gives you freedom from the IT department and gives you more mobility. The in-store system requires all of the hardware and the software to be contained at the sight of the transactions and requires more work to maintain functionality. Here's some examples of different POS types: www.harbortouchpossoftware.com/pos-systems
Different Costs for Different Industries No matter which type of system you do, whether cloud-based or on-site, there are going to be different costs for various industries and types of businesses. Why may you ask? Each type of industry is going to need something else from their POS systems. Some of these include: - Restaurants: $700-$2,000 - Grocery: $49/month- $4,000 - Salon: $29/month-$3,300 - Bar: $550-$2,300 For example, bars are going to be able to use a more fluid and mobile POS system, such as iPad POS systems, whereas grocery stores need something on-site for their customers.
Software Options You have two basic options for your software, which are similar to the type of system that you can use. You can use cloud-based software, which runs on a third party system and stores all data in the cloud, where one can access it from anywhere, but anyone who has the security clearance. On the other hand, on-site software is going to be downloaded directly to your hardware and will maintain all functions and data on the hard-drive at the location.
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