- An estimated 65 % of the world will be using a mobile phone by 2015;
- Over 80 % of internet usage will be through handheld devices;
- In the next three years, global e-commerce sales made via mobile devices are expected to top $638 billion. This is about the size of the world’s entire e-commerce market just a year ago.
Millennials, who grew up on the Internet, are rapidly spreading and ingesting information about products. By the next decade, the millennial generation is expected to displace baby boomers as the US’s biggest consumer buying group, generating a projected $1.4 trillion in spending by 2020, according to Accenture research. Millennials are of particular interest to retailers and restauranteurs, as they climb onto the ‘bandwith‘ bandwagon.This is where LS Retail’s line-up of omni and mobile solutions comes into play for those in the retail and hospitality fields. Our LS Nav update for 2015 has many user-friendly features for customers and shop owners alike. We’ve already described one useful new feature, “Click and Collect,“ in an earlier blog on our website. LS Retail’s updated LS Nav POS is a fast, dependable and powerful POS application with a graphic user interface, working online or offline for optimal resilience with constant online benefits. POS now stands for Point of Service. Only a one-click process is needed to install a POS on a new device. All settings of features and processes are done centrally. They are then distributed to terminals with zero need for input at the store location. LS Nav POS offers the traditional stationary POS terminal and a mobile POS with which staff can finalize transactions. The Mobile POS gives the staff not just a transaction closing device but can empower less-experienced salesperson by giving them access to relevant information about the customer, items and price and offers available. The POS global search engine makes it possible for even the novice store staff member to find items and all relevant information. Now sales staff can take the POS device with them to the customer instead of sending the customer to the POS device, thereby creating a great customer store experience. With the new exciting LS Omni channel, customers can create an order when they want and where they want. The POS device in the store is used for collection of the order by the customer or shipment to the customer. The POS support simple and easy controllable processes. Staff are led through processes to guarantee productivity and quality of service. All usage is logged which gives management the ability to analyze and practice loss prevention to deliver profitability. LS POS can be used with both keyboard and touch screen equipment, and offers features that make sales transactions easy to set up, manage and process. LS POS sets new standards for speed, ease-of-use and error-free processing of retail sales. That’s all for now. More to come shortly!