mPOS system is subverting the sales model

mPOS system is subverting the sales model

In the face of online store competition, physical retail stores must seize business opportunities and make good use of technology to optimize shopping experience is one of the keys. mPOS (Mobile Sales System) solves the pain points of traditional payment models—the cashier takes up space and the payment bottleneck causes business loss. mPOS is flying fast on the road to meet the consumption model of the new generation, and will change the mode of operation of the retail industry. TVP Technology Vouchers can help you purchase an mPOS system, with an amount up to HK400,000.

mPOS allows the cash register function to follow the mobile device. The clerk uses a smart phone or tablet as a credit card acquiring device. They only need to download the relevant APPS and install the card reader provided by the supplier, and then they can swipe the card or insert the card through the chip. Provide store credit card payment service. mPOS encrypts the transaction, and the device itself cannot record cardholder information, so the security is very high.

TVP Technology Voucher Teaching:APP-based POS system that retail industry must know

An mPOS system installed in a physical store can free up space previously used as a cashier and speed up the payment process. The mPOS system is particularly suitable for POP-up stores, impromptu consumption/promotion activities, shops with small store areas or shops with fast customer turnover.

Payment methods such as contactless payment and mobile wallets are becoming more and more popular, and consumers are less and less tolerant of payment time. Long queues or payment time will scare consumers away, but the mPOS system can meet the consumption patterns of the new generation. In addition, the mPOS system operates in the cloud mode, and the entry cost or maintenance cost is much lower than that of traditional POS. According to operational needs, mPOS can operate independently (just connect to the company’s bank account) or become part of a larger traditional POS system.

Adding mPOS system or other technology upgrade projects can benefit fromTVP Technology Voucher Program. If you successfully apply for a TVP technology voucher, 2/3 of the project cost can be subsidized by the government (capped at HK400,000). For POS system supplier support, technology voucher consulting service or technology voucher project management, please contact TVP-hk.com technology voucher consultant for free consultation.(+852 9867 6897)

Articles you may be interested in:Know more about technology voucher

Technology war kicks off, technology vouchers help SMEs face the battle

Advanced POS system 2.0 that the retail industry must know

Regardless of online or offline sales, the POS system is already an indispensable marketing management system. With the trend of technology, the APP-based POS system has become a very popular retail management system with its price advantage and portability. It only needs a smart phone or With a tablet, you can manage in-store sales 24/7. From receiving goods, sales, marketing and promotion, to counting, burying and even analyzing reports, anytime, anywhere, with one machine, the entire sales management efficiency is advanced 2.0. Whether it’s a physical retail store, an online store, or an online and offline business model combined with O2O, you can also useApply for Technology Voucher Subsidy,Adding a POS system, the maximum amount of funding is HK400,000.

APP-based POS system

The main functions of the retail POS system include: sales information, inventory and customer consumption patterns, and can be extended vertically or horizontally to purchase, production, accounting and logistics. Therefore, the POS system is a technology application solution to help marketers improve operating efficiency. In recent years, APP-based POS systems have become a new trend. Let us compare the differences between POS software directly installed on the computer and POS APP.:

POS system software POS system APP
installation method Just like installing Office, you need to install the POS system software into your computer Download and install via smartphones, tablets and other devices
place of use Need to be fixed at the location where the computer is installed Can be used anywhere in the store
system maintenance Need to maintain the computer system at the same time, such as security, drivers, etc. Smartphones or tablets generally upgrade automatically
Overall price Developed and driven by engineers, generally higher The cost is shared by all user groups, so the price is lower.

 

POS system helps sales management

The POS system can improve operational efficiency, especially in “sales management”.:

  1. Information management: Automatically record and save all transaction information through the computer, and you can view any piece of data at any time.
  2. Accounting management: The system records sales information, returns and exchanges, pre-ordered products, partial payments, discounts, and other sales information that is integrated by the computer, and even the data is also taken care of by the computer, reducing human errors and costs.
  3. Business analysis: You can use the POS system to perform business analysis, for example: set different time values ​​(such as one month, one year, etc.) to view the actual revenue status or make cross-comparisons; or use the product as a unit to analyze each The sales status of such commodities.
  4. Shopping experience: Through POS and other technologies, consumer data can be collected in real time. Who is buying? buy what? Under what promotion? Only by collecting and analyzing this information can the customer’s shopping experience be optimized.

Choose POS system solutions carefully

There are various POS system solutions, and you need to be careful when choosing a system. For example, some systems can only be operated in offline mode, and some systems are expensive to maintain. After adding a system, it is discovered that “Zhong Fu” will seriously affect the operation of the store. Therefore, I would like to remind you that no matter what kind of POS system you are, you must choose your supplier carefully.

TVP-hk fromTechnology Voucher Application、Technology Voucher System Procurement Procedure toTechnology Voucher SupplierEvaluation can provide independent professional technology voucher consulting services. Our team specializing in POS systems has made many successful cases a guarantee of confidence to help you make good use of the funding and win at the starting line.

To know more about technology voucher, contact TVP-hk technology voucher consultant immediately (+852 9867 6897)

Technology war kicks off, technology vouchers help SMEs face the battle

Technology war kicks off, technology vouchers help SMEs face the battle

Technological competitions have quietly appeared in all walks of life. Enterprises are thirsty for technological solutions. In addition to replacing manpower with systems, it can reduce human errors and reduce costs. By establishing technological systems, companies can also drive companies to establish good operating systems and improve Manage quality and maintain competitiveness. The following is a brief introduction to popular technology applications in the office, as long as Apply for Technology Voucher,Purchase Technology Voucher Supplier The scheme or system provided can be subsidized by two-thirds of the project cost, with a subsidy amounting to HK$400,000.

Code of Practice:Technology Voucher Application Process and Eligibility

1) Document management plan

A large number of documents are generated in daily operations of enterprises. Document management system (DMS) can reduce the time of document search, ensure that employees have consistent access to the latest version of documents, and can also monitor the access and flow of information for enterprises to prevent leakage of confidential documents. With cloud support, document operations can be carried out anytime, anywhere.

In addition to basic functions such as storing, retrieving, sharing, tracking, modifying or distributing documents, different user permissions can be set in the document management system, such as: restricting reading time, password opening, prohibiting printing, unauthorized persons not being able to read original files, etc. For documents to be approved, the electronic review process is used to replace traditional paper-based approval through the document management plan. The review progress is clear at a glance, which can improve work efficiency.

2) Network Security Solution

The network security plan can be adjusted according to the needs of the industry or the company. The general network security plan includes:

1) Defense against cyber attacks and malicious Internet activities;

2) Predict the risk of attack by collecting data records;

3) Patching in response to attacks。

3) Human resource management plan (HR system or HRMS system)

The general human resource management plan covers the following tasks, simplifying human resource management and administration:

1) Shift management: arranging staff rotation tables with the system;

2) Attendance management: record employee commuting time, employee attendance, overtime work, overtime days, paid holidays, etc.;

3) Holiday management: different leave rules can be preset for employees without manual review, and leave applications are recorded by the system, so you are not afraid of omissions or repetitions, and the information is real-time.

4) Salary management: the system calculates various salary items (attendance time and leave days), and automatically calculates employee salaries;

5) Employee file management: Establish a central file of personal data and related employment contracts for employees to reduce the risk of loss of paper files.

Regardless of document management solutions, network security solutions, or human resource management solutions, buying bad solutions is equivalent to buying bad assets, dragging cross-company development. To choose a technology supplier, you must think carefully. TVP-hk.com grasps the latest trends in technology solutions, with rich experience in technology voucher project management, can become your private Technology Voucher Advisor And the project manager, from applying for technology voucher funding to selecting the best technology voucher solutions and suppliers, with professionalism to create a confidence guarantee for successful application of technology voucher. 

success case:Tea restaurant ordering and ordering system turnover rate increased33%

To learn more about technology voucher, contact TVP-hk.com technology voucher consultant immediately (+852 9867 6897)

[TVP Technology Voucher Successful Case] Tea restaurant ordering and ordering system increased by 33%

[TVP Technology Voucher Successful Case] Tea restaurant ordering and ordering system increased by 33%

The severe winter of Hong Kong’s catering industry has come, and it is urgent to reduce costs and increase efficiency. SuccessApply for Technology VoucherThe project can bring up to HK$400,000 in subsidies to restaurants. The proprietor of a tea restaurant used technology vouchers to subsidize the purchase of a meal ordering system, which successfully increased the turnover rate during peak hours. From technology voucher application toTechnology Voucher SupplierProject management, technology voucher consultants create success together with you.

Order entry is decentralized, and the ordering system is free of errors and omissions

Fa Ge operates 3 tea restaurants, all located in the Yau Tsim Mong business district. In the past, orders were placed manually and then handed over to the center of the counter to enter the order. There were often mistakes and missed orders, and the counter became a bottleneck and slowed the exit. Speed of dishes. Fa Ge realized that the operation was not satisfactory last year, so he applied for TVP at the beginning of this yearTechnology VoucherIn order to add an ordering system, we hope that by optimizing the ordering process, the business flow will be accelerated. In the past six months, business in the evening market has been bleak, and I can fight for a long lunch to turn into a restaurant’s life-saving talisman. Fa Ge is fortunate to have an early opportunity.

At present, employees use tablets to place orders for diners, and the order information is sent to the flavor department, kitchen department and water bar in real time, which solves the bottleneck of the counter and improves the speed of food delivery. In addition, if the ordering system prints the sales slip and sends it to the diners, errors and omissions can also be found immediately. Roughly estimated, after the introduction of the ordering system, the time taken by diners from ordering to paying the bill has been shortened from an average of 45 minutes to 30 minutes in the past, and the number of diners in the two-hour golden lunch market has increased by 33%.

The ordering system can collect data from 3 restaurants, allowing Fa Ge to see the number of dishes, such as popular dishes, diners’ tastes, etc., which previously could only rely on second-hand information provided by the floor or the kitchen, now Fa Ge can already be in the system The data analysis is clear at a glance, which is very important to the management of chain restaurants.

Tea restaurant ordering and ordering system turnover rate increased by 33%
Tea restaurant ordering and ordering system turnover rate increased by 33%

Received more than HK$100,000 and the project cost was only tens of thousands

The ordering system improves the speed of placing orders and increases employee productivity in disguise. Because the system can handle procedures such as table picking, ordering, checkout, accounting, etc., the labor costs of related projects have become more flexible. After Fa Ge successfully applied for technology voucher funding, the entire technology voucher project from the ordering system solution to the tablet computer used to place the order received 2/3 funding. The restaurant only paid about HK$50,000-HK$70,000, but it could be improved in the long run. Operational efficiency. The ordering system can also achieve “Limited Time Offer”, “Diners Store Points”, etc., so that Fage can flexibly launch fast-selling promotions.

Avoid traps when purchasing a meal ordering system


Hand-held order system”、

Automatic ordering system for diners”、

Scan QR CODE online ordering system” is a common ordering system solution. When selecting, pay attention to the stability of the system, ease of use, adequate functions, and maintenance costs after installation. In addition, the after-sales support of the ordering system supplier is extremely important, including: whether the supplier will invest resources to continuously update the system, the speed of system bugs (Bugs) correction, etc. There are many suppliers of the ordering system on the market. I would advise the shop owner to learn more about the supplier’s past performance and background. The wrong picking system will cause the project to be scrapped and overturned, which is a major loss.

Must read:

How to find high-quality technology voucher suppliers

If restaurants want to reduce expenses and increase efficiency, the HK$400,000 technology voucher subsidy is just in time. Don’t be dragged down by the cumbersome technology voucher application procedures. TVP-hk.com is not only rich in assisting clients in successfully applying for technology voucher, but the entire technology voucher consultant team is your personal consultant, from planning to implementation of technology voucher projects. Professional advice creates the foundation for the success of technology voucher projects.

To know more about technology voucher, contact TVP-hk.com technology voucher consultant immediately
(+852 9867 6897)

Successful application of technology voucher: review key documents one by one

3 types of key documents are required for technology voucher applications

Technological applications such as artificial intelligence, 5G wireless communications, and big data analysis not only affect consumption patterns, but also bring earth-shaking changes to the business environment. The Hong Kong Special Administrative Region Government Technology Voucher Scheme (Technology Voucher Programme, TVP) Supporting local companies to make good use of technology voucher suppliers to tailor-made technology solutions for their businesses, upgrade technology systems, reduce costs, and improve productivity. It is no longer a myth to knock down giants. The following introduction Technology Voucher Application All the key documents and success points of the company, knowing more about technology voucher is the first step to success。 

1) General file

Business or organization in Submit a technology voucher application At the time, it is necessary to submit the application form, a copy of the business registration (BR) or company registration, and a copy of the identity document of the signatory of the application form. It must be noted that in addition to the requirement to submit company information, the application must also fill in the specific content of the technology project. In this about 500-word plan, the more specific and detailed the description of the project content, the more it can be released from the Technology Voucher Program Committee. Doubts, if the committee can be convinced that the project can be executed reasonably, it is one of the keys to success。

2) Operating documents

Applicants must have proof of actual business operations. Under normal circumstances, the basic document requirements include: daily invoices and receipts, business contracts, financial statements and MPF contribution records, etc., and must be at least 3 months before the application date Record. The documents mentioned here absolutely affect the success rate of the application (at least prevent your application from being beaten back in the first stage). Of course, the business model is not the same. If a company encounters difficulties in submitting individual documents due to actual operating conditions, it can Technology Voucher Advisor Check to ensure the smooth process of applying for technology voucher。

Contact TVP-hk.com Technology Voucher Consultant (+852 9867 6897)

3) Copy of expense quotation

Applicant companies must use quotations to identify projects Technology Voucher Supplier,According to the project cost, the required number of quotations are as follows:

a)Projects not higher than HK$50,000 must obtain written quotations from at least two suppliers;

  1. b) HK$50,000Projects up to HK$300,000 must obtain written quotations from at least three suppliers;
  2. c) Projects exceeding HK$300,000 must obtain written quotations from at least five suppliers。

Under normal circumstances, the number of quotations is an insurmountable requirement. Please make every effort to invite enough technology bond suppliers to quote. In very special circumstances, if the uniqueness of the technology makes it difficult for the solution to find a sufficient number of technology voucher suppliers in the market, it is necessary to be careful to explain the relevant situation in the plan.。

Further reading:Beware of the quotation trap

 

SMEs choose the guarantee of 150 successful cases

In order to succeed in a technology voucher project, in addition to properly handling the application procedures and project quotations, it is also necessary to select a suitable technology voucher supplier for the project. TVP-hk.com provides technology consulting services, and has successfully processed 150 technology projects so far, and has established a strong network of technology coupon suppliers to support. Our technology voucher advisory services gather experience in technology projects from all walks of life. From ERP, CRM, POS, HR systems, accounting systems, WMS, etc., each technology voucher application case is followed up by a team of senior consultants, with confidence.

To know more about technology voucher, contact TVP-hk.com technology voucher consultant immediately (+852 9867 6897)