Author: Sadiq Lithos

Bringing creativity and innovation to the digital world. As a content creator for LithosPOS, I am dedicated to delivering engaging and helpful content for a connected audience. From industry insights to the latest trends, I aim to inspire and educate small and medium-scale businesses. Join me in exploring the boundless potential of the world.

Upcoming Retail Industry Trends 2022(Digital Trends, Marketing Trends)

Post author By Sadiq Lithos
Post date November 5, 2021
1 Comment on Upcoming Retail Industry Trends 2022(Digital Trends, Marketing Trends)

Retail industry trends | digital trends | marketing trends | future of retailers | Lithospos

Did you know that retail industry trends need to be discussed? Understanding the trend is very important for a retail firm or any business. To stay strong in a competitive market you need to be updated. The purchase behavior of consumers constantly changes market fluctuations and so many other changes directly affect the future of your business.

Technology dominates the retail industry. actually, the truth is, the technology can be used as an opportunity for your business to simplify and manage. To stand out in the current market you need to be aware of the technology that can be used in your business.

Emerging trends in retailing

Let’s divide retail industry trends into two. 1. Digital trends and 2. marketing trends. You need to be aware of digital trends (technology trends) and marketing trends for customer satisfaction and the smooth running of a business.

We are going to discuss the retail industry trends such as digital trends and retail marketing trends that any retail business should be aware of at the ending of 2022.

Keep reading…

Moving into online

Moving into online | Lithospos

The retail industry suffered a major setback in the long-term lockdown during the Corona Pandemic. It’s hard to survive in such a market condition. So you have to find other opportunities and invest your time and money in those functions. As a retail company, there are many ways to expand your business online. You’re obliged to take the retail industry to another level.

You have to be prepared to take the right decisions at the right time. Before that, you need to be aware of the business opportunities.

For example, Retailers now provide an online platform to cater to their customer’s buying preferences. Today, 53% of buyers buy things monthly, while 88 percent of enterprises sell products online. Of course, the importance of an online store is growing significantly.

However, you have to expand your business online also. Customer behavior will change in the coming years and you will have to take major decisions in your business to keep up with that trend.

Still important in the physical store

Still important in the physical store | Lithospos

No matter how many retail companies switch to online platforms, physical stores are still important. Going forward with online ordering, the requirement for a physical store is that 3 out of 5 people rely on physical stores.

Therefore, in-store engagement strategies are important in the coming years. But remember, you need to make sure your both online and offline store is efficient.

Let’s go with the trend

Innovation makes trends. The customer always wants innovations. You must choose ways to meet customer needs or customer satisfaction.

Take the case of payments, as an example, the transition from cash payments to contactless payments has had a major impact. Customers can say they want it. In short, businesses that want to stay in the marketplace need to develop a plan to improve customer engagement and focus on a rapidly changing culture.

However, the payment innovation made a digital payment trend. Now the majority of retail payment transactions are digital.

Payments

Digital payment | Lithospos

This is vital to retail industry trends. As mentioned earlier, payment methods have undergone a revolutionary change. The use of mobile devices has led to mobile payments. Mobile payment methods such as Apple Pay provide a faster and easier payment experience.

Additionally, QR code payments enable customers to make quick checkouts without having to stand in queues for extra time. Retailers need to be able to cater to a diverse range of payment methods, such as mobile payments if they want to keep their customers.

In 2021 4.48 billion people use social media. Of course, it will increase in the coming years. Facebook’s renaming metaverse means the next generation of the internet. Facebook ads can be more efficient and helpful in getting it to the audience.

For retailers, maintaining a business presence online is essential. Instagram has many features like Stories, IGTV and Reels. They need to be used properly. Social media has become a great platform to get attention for your small business. You can create followers with influential people on Twitter or Instagram so that you can enhance your brand image.

Online presence

Online presence becomes very important when examining retail marketing trends. We see the potential of digital marketing growing. You can understand the importance of websites by replacing social media with an online presence. Websites can help you get the highest quality leads.

By optimizing the search engine you can rank the website on Google and the user will be able to see the website and get business while your service is browsing on Google. In addition to SEO, paid ads are also a significant marketing strategy. One example is PPC, and pay-per-click marketing.

Technology like AR

augmented reality (AR) retail trends| Lithospos

Technology is evolving and the customer is changing accordingly. Innovations like augmented reality (AR) are going to bring big changes to the retail industry.

The biggest example of this is the way IKEA brought augmented reality through its IKEA Place app. Customers can virtually view the furniture they intend to purchase using their Android and iOS phones. Each product can be viewed in real-time at the location where the customer intends to place it.

The growth of technology significantly influences every business. We expect new technologies to come in the coming years and significant changes in the retail industry.

Conclusion

Retailers should look towards trends in the industry and take note of what’s changing. Corona has been hitting companies hard and some steps can be taken to move forward when it comes to retail. Consider incorporating these tips into your business plans moving forward. The article on changing retail industry trends does not end here. See you again with the tips you need to improve your business when new innovations come through.

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Everything You Need to Know About Restaurant Point of Sale (2022) Definitions, Hardware, Types and more

Post author By Sadiq Lithos
Post date October 26, 2021
3 Comments on Everything You Need to Know About Restaurant Point of Sale (2022) Definitions, Hardware, Types and more

know everything about Restaurant Point of Sale. Restaurant Point of Sale (POS)

Have you ever wondered why restaurants are successful? Efficient operations are the key to success for restaurants. To make business operations efficient you need to rely on technology as well. Restaurant management systems like point of sale (POS) software can keep your business efficient. The truth is that the need for a restaurant point of sale is huge because restaurants are busy businesses.

The advent of technology has revolutionized the restaurant industry as a whole. The influx of items like online ordering and digital payment has increased profits and given a new experience to the customer.

The restaurant industry during Corona Pandemic also suffered a significant downturn, but many restaurants survive those situations by looking at it as an opportunity. They expand their business online.

So why do you need to invest in a POS?

A Restaurant POS system can help you to expand your business online. It helps you to manage both online and offline sales, inventory, payment, customers, employees, and more. for better expansion, you can go for aggregator integration.

In short, the system keeps your entire business efficiently. Let’s dive deeper.

What is a Point Of Sale?

The point of sale (POS), a vital part of a point of purchase, is the location where a consumer makes a payment for products or services, as well as where sales taxes may be due. In a business that allows you to sell physical products, conduct checkouts, process orders, and pay bills.

What is a Point Of Sale System in a Restaurant?

The restaurant’s point of sale system, often known as a POS system, is a combination of hardware and software that manages workflows and transactions in food and beverage establishments. The restaurant POS system is used by food trucks, cafes, and all types of restaurants, small and large.

Related: Types of POS systems

What is a Point Of Sale Software?

Point of sale (POS) software is the operating system of the terminals. It’s an operating system just like Android and iOS on your smartphone. The point of sale system that performs transactions at restaurants is known as restaurant POS software.

POS, a restaurant, lowers physical activity and streamlines operations by providing stock and inventory control, customer relationship management, smart reporting and analytics, and much more. Furthermore, integrations with a variety of third-party apps such as online ordering, e-wallets, table bookings, loyalty programs, and so on, transform the restaurant POS machine into an end-to-end restaurant management solution.

Common Restaurant POS Software Features

Know the Features of POS software. In fact, the POS software should include all the features below.

Payment

Every time a customer buys an item your POS system needs to process the transaction. This is one of the main functions of POS software. The system helps you to simply process your payment transactions. Simple billing will give the customer a whole new experience.

POS systems may accept a variety of different payment methods.

Cash
Cheque
Magstripe credit cards
Chip cards
Contactless payments
UPI

Inventory Management

POS software makes managing inventory management easier. Keeps track of every item of your inventory and get notification when stock goes low.

Inventory Management Features.

Import items – Upload thousands of items using CSV spreadsheets
Track inventory – Keep track of product and component stock.
Purchase Order Receiving – With Purchase Order Receiving, you may increase profitability by preventing supply shortages.
Product variants and composites
Low stock notifications – Receive daily alerts at low stock levels so you can place essential item purchases on time.
Transfer orders – Create transfer orders and product transfers between your locations with ease.
Auto-Refill Orders – When a product falls below your predefined level, it automatically generates stock orders.

POS Reports

With POS reports you analyze your business performance and take business desecions according to the data.

These are some of the most typical reports generated by restaurant point-of-sale software.

Sales trends – Monitor sales growth or declines in comparison to the preceding day, week, or month, and respond quickly to any changes.
Popular items – This enables you to identify the best-selling items so that you can make informed purchasing selections.
Shifts – Identify the cash shortage at the end of the shift and keep note of any inaccuracies or manipulations by employees.
Tax report – Analyze reports to determine the amount of tax that has to be paid and save time.
Inventory Reports – Get inventory reports
Sales Reports – Get sales report

Customer Loyalty

To identify your most loyal customers, look at the number of visits and the amount of money they spent. All qualifying purchases earn customer loyalty points, which they can use in the future. On the payment screen, staff can see the customer’s balance and apply it to the transaction.

Loyalty program with the restaurant point of sale software that includes these features

Customer database – Analyze the number of visits and purchases to determine who your most devoted consumers are.
Loyalty Point Rules – You can offer a single basic loyalty reward rate for all products, or use special rates for unique items.
Redeeming loyalty rewards – All qualifying purchases earn customer loyalty points, which they can use in the future. On the payment screen, staff can see the customer’s balance and apply it to the transaction
Know your top customers – Know who your most loyal customers are and how they spend their money.
Loyalty App – Keep your consumers happy by delivering them personalized offers and updates.

Create customer loyalty techniques to increase sales with this feature.

Online Ordering

It can be said that online deliveries have saved restaurants in the Corona Pandemic. Contactless delivery is one reason for this. POS software can help you grow your online business using your online platform or integrate with third-party aggregators.

Restaurant POS Hardware

Restaurant POS hardware | Lithospos

Hardware that contains the original components of the system – The part of the system that you can see and touch is called the POS hardware. Examples of restaurant POS hardware include credit card readers, receipt printers, mobile wallet readers, POS scales, customer-facing screens, cash drawers, and barcode scanners.

Compulsory Restaurant POS Hardware

POS Terminal

You need hardware to run the POS software. This is the most important part of the restaurant POS hardware. Employees may manage transactions using the POS terminal, which is an electronic device and offers a digital interface.

POS terminals are usually desktops, laptops, iPads, tablets, or smartphones. In restaurants, iPads and tablets are commonly used. They have bigger screens than smartphones. So that servers can view all they require at the same time. Also, because it is lightweight and easy to use, restaurant staff can carry it from table to table.

The POS terminal is one of the most expensive components of a restaurant’s point-of-sale system. So make sure you use the POS software of your choice on your hardware. Or you need to find a POS provider that can be used on existing hardware.

Printers

everything has gone digital and print receipts are still in use. Although digital invoices can be forwarded to things like email, some use printed receipts. That’s why printers are so important in restaurant hardware. Impact printers and thermal printers are the two most prevalent types of receipt printers.

Barcode Scanner

Barcode scanners are mostly used in retail establishments. However, scanners are used to make restaurant operations faster and easier. And this is especially important for restaurants that offer pre-prepared foods or items.

Barcode scanners also help to manage inventories efficiently, speed up the checkout process, and scan from the register, table, or order screen. As mentioned earlier in the terminal, make sure the barcode scanner is compatible with your specific POS software.

Payment Terminals

In recent years, the manner diners pay has changed considerably, particularly in the aftermath of the COVIID-19 epidemic, as have the payment systems used in restaurants. After the COVID-19 outbreak began in March 2020, a stunning 40% of restaurant owners reported they had embraced contactless or mobile payments.

Payment terminals are required to make payments using things like credit cards. Remember that if you can offer different payment options and methods to your customers, it will give them a new experience.

Kitchen Display System (KDS)

The Kitchen Display System is also known as the Kitchen Order System. Kitchen Display Systems (KDS) is a backend ordering and information system that enables restaurants to operate more efficiently. The KDS system is connected to the cloud-based POS system, which allows them to work remotely and display orders when they enter the POS software.

Cloud-Based Restaurant Point of Sale

Cloud-based restaurant point of sale allows you to access all information from a remote server instead of storing and accessing it locally. The advantage of this is that you do not have to enter the restaurant premises to access the data. With the help of the internet, you can check the data through a browser from anywhere and manage the business as a whole.

Benefits of Cloud-Based Restaurant Point of Sale

Cost-Effective
Insights to Increase Profitability
Risks are kept to a minimum, and the profits are multiplied.
Get Real-Time Updates
Accountability
Lower Labor Costs
Inventory Evaluation

Your Restaurant Online Presence

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Inventory Management Software: Everything You Need to Know (2022)

Post author By Sadiq Lithos
Post date October 19, 2021
23 Comments on Inventory Management Software: Everything You Need to Know (2022)

Inventory management software | LithosPOS

One of the biggest headaches businesses face is managing inventory. It plays a vital role in the success of the business, even if it is a small or medium business. Keeping stock of goods can make you profitable, but at the same time, it can also cause losses. so how you can keep it profitable? that’s why you need inventory management software

It enables you to track items and measure the performance of the business. by identifying which item makes you profitable and which is not, you can take action on that.

For example, If you are selling products x and y. you can measure the performance of both products using inventory reports. some products may have more sales in specific seasons. So by identifying your profitable product you can keep its stock. It enables you to sell products right people at the right time.

However, when it comes to restaurants and retail businesses, measuring is necessary. In this blog, we cover everything you need to know about inventory management software.

What is Inventory Management Software?

Inventory management software is a tool that simplifies your inventory management processes. It helps you to streamline all your business operations. it helps to optimize inventories and enhances supply chain efficiency. this allows you to access and manage reports in real-time.

By automating all your inventory operations, you will have more time to focus on other business activities. it is also helpful for better inventory planning and forecasting.

By preventing stockouts and overselling you can reduce costs. The software is essential if you’re struggling to manage inventory and looking for the right solution.

Why Inventory Management

Let us see what are the helpful situations of using Inventory Management Software are.

Tracking inventory as it is transferring between locations.
Make picking up, packing, and shipping items efficient from a warehouse.
Collect items into a warehouse or in a different location.
Maintaining track of stock sales and inventory levels.
Avoid losing sales due to lack of stock.
Reducing product obsolescence and spoilage.
Easy to add store-based prices.
To record purchase returns
Understand the extra stock that costs money.

Inventory Management Software for Small Businesses

There are so many small and medium businesses using inventory management software. High cost is a crucial part of every business. When you fail to reduce your cost, it’s hard to move forward. Especially for small businesses, you need to control your cost.

Gone are the days of tracking items and making reports with pencil and paper. and its time consuming and hard to measure. For your small business, the software helps you to track, control, and adjust product sales, purchases, and other more.

You can focus on your business by reducing the effort and time spent on inventory management.

POS with inventory management

You can invest in POS software rather than investing in specific software such as inventory software, CRM, or Accounting software. the POS has the feature to manage inventory, accounting, and CRM. If you are a small business and running with a limited budget the POS is the right fit for you.

You can also integrate POS with your existing inventory, accounting, and CRM software.

What is a Cloud-Based Inventory Management System?

Cloud-Based Inventory management software stores data in the cloud. Data can be accessed and managed using a web browser with the help of the Internet.

A major advantage of the cloud inventory management system is that many users can access and control the data. you don’t need to available in the store access from anywhere in the world.

Benefits of cloud inventory management software

Low hardware expenses

If the software is cloud-based, you can save on hardware costs. This eliminates the cost of installing and maintaining the hardware. This is a great relief, especially for small businesses and startups. Their capital can be set aside for many other things in the business.

Real-time tracking of inventory

Reports are very important in business. A feature of the cloud software is that you can access inventory reports even when you are not in the store.

Small businesses need live tracking. Besides, live reports help startups measure their business.

Access the data from any devices connected to the Internet, including smartphones, tablets, and PCs.

Expand with business

As the business grows, so does the inventory. When the business expands to multiple outlets, then you can use cloud-based software that can grow with your business. the software can be expanded as well as the business grows.

Integration

Cloud inventory software is easy to integrate with existing systems. The software can integrate with many e-Commerce platforms such as WooCommerce and Shopify.

By automating the inventory process, your inventory becomes more efficient. for example, if you are selling products through online platforms like Woocommerce. You need to automate the inventory process. When an order is placed in your eCommerce platform it should be deducted from inventory counts. you cannot make changes manually.

Integrate the e-commerce platform with two-way integration to reduce operating costs, increase sales and reduce errors.

Better customer service

Customer service is one of the biggest things in business. Inventory management software helps to keep stocks available to customers based on demand.

Security

Cloud Inventory Management software protects your data from various thefts. Security is ensured with various securities such as encryption.

Inventory Management Software for Retailers

Inventory management software is essential for small retail businesses. It helps to increase the number of stocks according to the demand and to get more sales and hence profit. It allows you to track each product and understand its performance.

The software enables you to run successful retail businesses such as bike shops, supermarkets, jewelry, groceries, boutiques, etc.

Integrate with third-party e-commerce platforms such as WooCommerce to increase sales, and reduce operating costs and errors.

Yet, you can also simplify your online and brick-and-mortar store operations. when a product is made a sale the software will automatically deduct the item from stocks.

Inventory Management Software You Should Use

Lithospos Inventory management software | Lithospos

Lithospos leading POS software including feature inventory management. Take a look at the features that LithosPOS includes as a retail restaurant inventory software.

Item import

Thousands of items can be quickly uploaded to POS software using CSV spreadsheets. This can save a lot of time.

Track inventory

Tracks the stock of products and their components. By tracking each product you can meet their demand and change the stocks accordingly.

Purchase order receiving

LithosPOS helps to prevent shortages in stocks and increase profits by accepting purchase orders.

Product variants and composites

The easiest way is to edit everything at a glance. You can create multiple product sizes, colors, or any variations you want and edit them all from a single view.

Low stock notifications

Receive stock notifications from the software before the required item runs out. This allows you to Keep stocks available, and it also controls your cost.

Transfer orders

An efficient stock transfer is essential if the business has multiple outlets. Inventory software allows you to easily create transfer orders and transfer stock between your stores.

Stock adjustment

Inventory management means making your inventory process easier. Stock levels increase and decrease based on damage, items received, and loss.

Inventory count

Inventory count Offer full or partial stocktake with a barcode scanner or manually.

Label printing

Barcode labels can be printed to easily add items to purchase orders, number of items, or sales. This will save you a lot of time.

Product organization

Your products can be categorized by type, name, brand, distributor, SKU, distributor code, handle, and tag, and you can create custom reports, perform inventory numbers, or manage your online store collections.

Store pricing

With LithosPOS you can simply implement store-based pricing.

Auto-Refilled orders

In auto-filled orders, stock orders are automatically generated whenever a product falls below your preset levels. So you can keep stock always available.

Purchase returns

LithosPOS enables you to easily record damaged, misplaced, or unsold stocks and return them to suppliers.

Best Inventory Management Software | LithosPOS

It will help you understand the sales trend and predict the demand.

It is possible to track the stock real-time of products and their components.

Increases profits, reduce costs and becomes an important component of business growth.

Prevent excess stock, product shortages, and too many raw materials.

You can easily create transfer orders and transfer stocks between your stores.

Instantly add thousands of items using CSV spreadsheets.

Quickly print barcode labels and add items to sales, purchase orders, or the number of items.

Accessible from your retail point of sale and restaurant point of sale

Most Frequently Asked Questions

How does software automatically generate stock orders?

You can preset your inventory levels. when the product goes reaches your preset level the stock will automatically generate.

What is the best way to track inventory?

The best way to track inventory invest in robust inventory management software that integrates with POS such as LithosPOS. Simplify your inventory managing processes.

Does Inventory management software help to reduce my cost?

Yes, it is. with inventory reports, you can see which is your best-selling product(most selling product) and what is the worst-selling product. and also you can know which time or dates you make more sales.

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Restaurant Industry Trends

Post author By Sadiq Lithos
Post date October 13, 2021
3 Comments on Restaurant Industry Trends

Restaurant industry trends you need to be aware of during this period | Lithospos

The restaurant business is subject to a lot of changes. In this digital age, it is very difficult for the restaurant industry to thrive. Not only was it more competitive, but the arrival of Kovid Pandemik affected restaurants substantially. The advent of technology has given restaurants the energy to overcome the Covid crisis. Some of these technologies include online ordering, contactless payment, kitchen display system, waiter app, kitchen order ticket and kiosk. When it comes to restaurant industry trends, Point of sale software (POS) software is at the forefront. Because it makes all your restaurant operations more efficient. The demand in this 2022 period is also huge.

Trends Forming the Restaurant of the Future

You have to adapt to a changing world. Covid should not only get rid of contagious diseases but also focus on the customer and understand the restaurant industry trends. One of the reasons any business is successful is that they change over time. The same is true of restaurants.

Below are some of the restaurant industry trends that no one has mentioned …

1. Safety is important – Contactless ordering and delivery

Contactless ordering and delivery | restaurant industry trends | Lithospos

When you look at the restaurant industry, you see that everyone is looking for safety. Safety precautions are essential, especially in the event of a pandemic. Restaurants were relieved to have contactless orders during the Corona era.

The need for you to provide an online ordering service is clear here. The delivery boys were very busy during the time of the Covid pandemic. Everyone believes that contactless deliveries are safer. That’s why restaurants like El Polo Loco are preparing to deliver food by drone.

You can also do online ordering business through your online platform or third-party online aggregators.

2. Better Customer Experience: Contactless Payments

QR code payment | restaurant industry trends | Lithospos

Payments play a crucial role in providing a better customer experience. Of course, we can’t ignore changes in payments when checking out restaurant trends. You can use payment options like UPI integrated with POS software. There are several payment methods available today, such as credit card and QR code payment. You do not have to spend time on payment. The tap and go system is very fast.

The QR code menu allows the customer to order and pay for food right from the table. This not only eliminates misunderstandings between the customers and the server but also eliminates possible errors in employees.

3. Online table reservation

Online table reservation | restaurant industry trends | Lithospos

The advent of online table reservations for restaurants was inevitable during the covid period. it helps control customer congestion and treats them well. Customers can book free table slots through the app or website and order food. Online reservations are very helpful to minimize interactions between customers and staff.

4. Data is everything

Report and analytics is everything in business | restaurant industry trends | Lithospos

Data is very important. That’s the way it is in every business. It is essential to analyze the previous data and understand what changes can be made in future business. Customers need to be offered delicious new dishes for restaurants. You can offer seasonal dishes. But it is important to know the current sales trend. You may get data from various businesses, but your e-commerce platform is a richer data source.

POS software provides your real-time weekly, monthly, and yearly data. You can get all the reports like tax reports, sales reports, and inventory reports to understand the current sales trend and popular dishes. As mentioned earlier, from 2021 onwards, we can only move forward based on reports. It will also help you understand the restaurant industry trends.

Related: Cloud Restaurant POS

5. Automated inventory management software

Automated inventory management software | restaurant industry trends | Lithospos

As a growing business, you may not be able to focus enough on all the restaurant activities. Especially things like inventory management. This is tiring but requires a lot of attention. Requires automated inventory management software. Quantitative forecasting, tracking food and beverage stocks, and scheduling orders can all be controlled using inventory management software. It prevents you from becoming your food waste and empowers profits. It also notifies you when an important ingredient or item is running out. Automation is having a huge impact on restaurant industry trends.

6. The future restaurant worker will need high digital and people skills

This is one of the most important restaurant industry trends. The technological world has undergone many changes today. We can be sure that new technologies will come along. There are many restaurants where robots are servers. There has also been an influx of robots into food preparation. Today, taking orders and passing them to kitchen displays is done with iPads or tabs. Your employees need to know how to use it all. More young employees can be selected for this.

Related: Restaurant Staff Training

7. Changes in marketing

Changes in marketing restaurant industry trends | Lithospos

We have all noticed changes in marketing practices during the Pandemic. The number of social media users is increasing day by day. That’s why social media should be used for marketing. The goal is not only social media but also to increase your online presence.

The importance of social media is underscored by the fact that 54% of social browsers use social media to research products. and 73% of marketers consider that social media marketing is powerful for their business. Of course, in the future, any business will need to ensure an online presence.

Restaurant point of sale

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Choose the Best Bike Shop POS for Success

Post author By Sadiq Lithos
Post date October 6, 2021
1 Comment on Choose the Best Bike Shop POS for Success

bike shop pos everything you should know about it | Lithospos

Bike shops are a very lucrative business today. The first reason is that bicycles maintain human health and provide mental rest. That is why everyone thinks cycling is a good habit. research shows that with the advent of the covid-19, those who could not go to the gym opted for cycling. However, some bike shops often suffer losses due to lack of proper management system. Hence the fact that it prevents many entrepreneurs from entering the bike shop business. But like all businesses, having the right management system in the bike shop can make the business successful. That’s where we need to understand the importance of the bike shop POS.

Bike shop POS will make all your activities easier. It will facilitate many activities like Inventory, Report and Analytics, Payments, Customer Loyalty, etc. But it is important to invest in the right bike shop POS system. We can help you choose the best POS. Keep reading

Features of a bike shop POS (Point of sale)

POS is your long-term investment, so you need to choose the best one. The best bike shop POS will include the features listed below.

Cloud Based POS

As you all know cloud systems have a lot of advantages. You can’t touch them. It saves data on servers. Therefore, they will protect your data from physical damage. Cloud-based POS are less expensive compared to traditional POS. Also, no special space is required to install POS hardware. Saving data in the cloud allows you to access data and manage your business even when you are not at the restaurant.

Traditional POS and Cloud-Based POS

Inventory Management

Inventory management is a headache for businesses such as bike shops. But they are the most important. Bike Shop POS keeps track of your inventory. Shortages on products will notify you via notification.

And you can quickly figure out where each product is placed. For a bike shop, a large godown is required. When a customer asks for a product, you can deliver it very quickly.

Here are the benefits of inventory that you get when you use the POS at your bike shop.

Import Items

Adding items to point of sale (POS) software is not difficult. Thousands of items can be quickly add to a POS using a CSV or spreadsheet. Summary that everything can be upload quickly with a single click.

Inventory Tracking

POS software tracks each product. They will start tracking each product from the moment they are uploaded to the system. This will help you to quickly understand their quantity, sales, where it is located, Etc.

Product Modifications and Composites

Adding different product sizes, colors, or any modifications you need and editing them all at a glance is a great feature. Combine products to create new products, such as gift baskets, or split a product into multiples, such as wine using a bottle or glass.

Low Stock Notifications

As mentioned earlier, stock shortages will no longer exist. POS Inventory Management keeps track of each product and notifies you of possible shortages.

Transfer Orders

You may have multiple bike shops. You can easily transfer products from one of your outlets to another. easily transfer products by finding out which shop has the least product.

Categorize Your Products

Your product can be categorized by type, name, supplier, brand, distributor code, SKU, handle and tag. As each product is categorized it will be easier for you to manage it.

Store Pricing

Products can sometimes change in price or it can be very difficult to set the prices of a new product one by one. You can give a store price for each of your products using POS Inventory software.

Automatically Generate Stock Orders

Stock orders are automatically generated whenever a product falls below your preset level using custom reorder order points. It will never be too much or too short of stock again.

Purchase Return

Of course, there is a risk of damage to the products as many products are bought together. Purchase returns can be resolve quickly using inventory software. Simply register and return damaged, faulty or unsold goods to your supplier.

POS with inventory management software (2021)

Reporting and Analytics

Businesses need data. Any business can only move forward if it has the right data analysis. Bike Shop POS gives you real-time, daily, weekly, monthly and annual data.

Take a look at what Bike Shop POS reports to you and how to use it.

Know Sales Trends

The biggest challenge of any business is to know its trend. In the case of a bike shop, you can focus more on the product when you know which model bikes are selling best or which product is selling best.

put those products on your display This will cause customers to come to the shop.

Shifts

How efficient your employees are. POS keeps track of your employees. The inaccuracies and inaccuracies in them can be understood and rectified.

Tax Reports

All legal precautions must be taken. Or it may lead to serious problems. Preparing tax reports is a time consuming but very important task. Bike shop POS tax reports provide reports on the amount of tax payable. It also saves time for their calculation.

Inventory Reports

As mentioned earlier, POS provides everything you need to handle inventory. In the inventory reports you will find a lot of details like sales and quantity of each of your products. You can distinguish between the most profitable and non-profitable items and adjust the stochastic accordingly.

Sales Report

With sales and shift reports, you can find out which employees get the most sales at specific times to best apply the resources needed to grow the business.

Payments

Customer Experience is an important part of customer satisfaction. Making payment processing easier for customers is a great experience they can provide. Systems like Tap & Go make checkout processing easier. Bike Shop POS Different payment combinations are possible. There are several payment methods available, including cash, card, check, store credit, contactless payments, and split payments.

Additionally, you can provide various payment partners when requested by the customer. Payment support like UPI, Mosambee, PhonePe, Pine Labs, SumUp, mSwipe, square, PayPal, MTN Momo and Stripe are available.

Everything about UPI integrated Point of sale

Customer Satisfaction Strategy for Business

Customer Loyalty Program

How do you identify your loyal customers? Of course they need to be treated with dignity. A profile is created in their name during a transaction with a POS software customer. Their account has been updated with each subsequent transaction. You can view their purchase history and get to know your loyal customers. Also, since their contact details are available, it can be used for promotional activities and sending receipts online.

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Restaurant Staff Training

Restaurant Staff Training tips | Lithospos

Have you ever thought about the need to improve the service quality of your restaurant? Customer satisfaction is only possible when quality service is provided. You know that customer satisfaction is the most important thing in business. In short, the quality of service depends especially on your employees. They are the ones who interact more with the customers. Therefore, employees need to be trained very efficiently. Restaurant staff training can improve your service quality.

Run your restaurant successfully. We will share with you some training tips to make your employees 100% efficient.

Tips for improving your restaurant staff training and enhancing the quality of your service

It’s time for restaurant staff training. Below are some tips to make employees 100% efficient. There is no compromise on quality. Enjoy reading

How to Survive the restaurant labor shortage

Assign Staff Roles

Assign precisely the tasks of each employee in the restaurant. Every customer must be competent and efficient in their work. So you will get 100% efficient output when everyone focuses only on the task assigned to them.

But keep in mind that everyone should be aware of the activities of others in the restaurant. Only then will teamwork be possible there. Also, an employee can be allowed to demonstrate competence in the work they do. For example, if you have a juice maker in your restaurant, you can persuade him to make fresh juices. Your juice will get compliments because he only focuses on it. Also, controlling employees will make it easier for you.

Communication

Clear communication between employees is essential. For a good team, all employees, including the chef, buzzer, and server, need to communicate with each other. Also, introduce new employees to other staff and motivate them to interact.

When they are convinced that they are a team, the mistakes and shortcomings of the job will help them adjust to each other and move forward. Convince them that team success is their success. Don’t miss this point in restaurant staff training.

Instructions

Even if this is a standard training method, giving instructions is very easy and effective. Trainers will be given oral or written instructions and will follow them.

In the Restaurant Training Manual, you can include all of the restaurant’s instructions, rules, and company background information. Therefore, it is very important in restaurant employee training.

Demonstration

The video presentation is the best training method. Of course, it will quickly sink into the minds of employees. Today, employee training videos are available on many social media sites and websites, such as YouTube. Videos can be shown and trained according to the duties of each employee.

For example, if you have an employee who is a cake maker, you can also train him to make cakes in many other flavors with the help of video. This is an important point in Restaurant Staff Training.

Following

A job shadow is another important tip in the training of restaurant employees. Experienced individuals are followed by newcomers and those in need of training and learning from them. Remember, it should never be a burden to an experienced person. In addition, the fact that it requires an experienced employee is a drawback.

Teamwork

As mentioned earlier, teamwork is the easiest way to succeed. Find time to praise each team. Also, convince them that the praise they receive comes from their teamwork. Remember that a good team will go to success and fix all the deficiencies for each other. This is an important point in Restaurant Staff Training.

Technology Skills

Today, all industries are technologically advanced. The same goes for the restaurant. Today the POS system is very innovative. Many features are available in Inventory Management, Online Payment Integration, Online Ordering, Integration, and Customer Loyalty Program.

Cloud-based POS is easier to manage and learn compared to legacy POS. It will be easier for your employees to handle. Newly arrived employees can learn this quickly. It will be easier if you implement POS systems like Android POS and iPad POS.

As you know, restaurants require POS systems. And also employees can quickly understand the technology. It’s time for restaurant staff training.

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Customer Satisfaction Strategy for Business

Post author By Sadiq Lithos
Post date September 25, 2021
17 Comments on Customer Satisfaction Strategy for Business

customer satisfaction tips you should know in 2021 | Lithospos

Happy customers Happy business is the desire of any business owner. A customer satisfaction strategy is essential for the success of the business. Customer happiness is the success of your business. The customer is happy when you meet their needs at the highest level. The customer is the king, and the main goal is customer satisfaction in the business. Also, a customer satisfaction survey is a good way to check your current performance.

Customer satisfaction strategy

Whether you are the owner of a restaurant, a retail store or any business, a clear customer satisfaction strategy is essential for effective customer satisfaction. You can plan, before sales, during sales, and after-sales and prepare the strategies you need to adopt at each stage.

Customer retention technique

Know your customers

First, you need to understand who the customers you care about are, their financial status, behavior, and lifestyle. This will help you to understand what product they expect from you when they come to the store. You can also set prices for products or services based on their lifestyle or income.

Meeting Customer Problems.

Know the general product or service that your customer needs. Understand their problems and then list how your product or service solves those problems. This is one of the most important parts of the customer satisfaction strategy.

Competitor and Market Study

There will be a competitor to the services or products you intend to provide. They can be a big brand. When you market your brand one day, it may not succeed.

That’s where market studies and competitive learning come in handy. Research all the marketing methods that the competitor is using and the problems they are facing and all the methods they have overcome. Change different marketing methods and product quality by focusing on your specifics.

Offer substitute product

You can offer multiple solutions to customer pain points. For example, if your product is biscuits, you can market different products for diabetics, such as sugar-free and cream biscuits. different products for various purposes. Find different pain points that can be solved for your product or service.

Train your staff in customer service

It is essential to train your employees. Provide training on how to treat the customer and understand their preferences. In addition, you can understand and teach the questions that the customer may ask.

How your employees treat customers is the biggest part of your customer satisfaction strategy. Always invite customers with a smile.

Be an example

You need to be a role model for employees rather than a business owner. You should always be there to help when the customer needs you. and become a role model for employees when you see them working among employees.

Also, having your presence always in your store will help employees make their work more efficient.

Thank you.

Good words always give positive thoughts to customers. Always remember to thank customers who have visited your store. The customer will be happy when they wish you a good day.

Always tell employees to say good greetings to the customer. Treat customers with respect. Remember, not all customers are the same. Treat everyone happy. Also, give them offers and discounts that will help attract customers back to the shop. This is one of the most important tips in customer satisfaction strategy.

Asking for feedback

When you receive customer feedback, suggestions, and complaints, you can find out if the customer is satisfied with your current performance. Getting the changes you need to make in your business from the customer will increase the efficiency of your business.

A box can be placed in the store for the customer to deposit feedback. Add paper and pen to write their suggestions. They can also post their valuable feedback on your website and Google My Business. You will also receive customer contact details when providing feedback.

Collect customer feedback

Use feedback

How feedback is received is used and is an important part of the customer satisfaction strategy. Consider customer sustainability that needs to be brought into the business using the feedback received. also, categorize satisfied customers and unsatisfactory ones.

Consider the needs of the dissatisfied customer. solve it if you can address their needs. If they want discounts like offers, you can send offers to their phone or miles. Feedback also helps you get to know your loyal customers.

Customer Loyalty Techniques will tell you the truth of success

Acknowledged

Convince them that you have considered their feedback. You should be able to bring the changes they want the next time they come to your store. It will increase their closeness to your business. you can also get different ideas from them.

A customer satisfaction strategy is one of the most important things in business. It will be easier for you if you find your loyal customers with the help of point of sale (POS) software. It creates a profile for each buyer that includes their name, contact details, and their purchase history.

Get to know your loyal customers and give them various discounts. How simple. Of course, the growth of technology helps businesses in every way.

Increase Sales in Retail Stores

Run a restaurant successfully

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Simple But Effective Boutique Store Tips

Post author By Sadiq Lithos
Post date September 22, 2021

boutique store designing and sales increasing tips| Lithospos

Have you ever considered the need to beautify your boutique store? Although consumers rely on online ordering, a small percentage of people still enjoy traditional shopping. Of course, this is why boutique store design is so important. That’s why we write about boutique store tips.

Everything from the fabric design to the interior of the store is subject to change according to the latest trends. Technologies like boutique POS software make it easy for you to understand current sales trends. It also helps you to find what your customers expect from you. If you can give your customer a better experience they will be your regular customer.

What to Consider when running a Clothing Store

Boutiques should always be up to date. Clothing plays an important role in fashion. Therefore, running a boutique successfully is a difficult task. Below are some boutique store tips for success in business.

uniqueness

Understand your uniqueness and make it different. If you only sell a bridal collection, you can decorate the store with stickers or related paintings.

If you have more than one shop you can bring your uniqueness in everything, sometimes it can be furniture and interior. Try giving it your theme to your every store.

Storefront

Put the clothes you focus on on the front. The customer saw the clothes on the front and walked to the shop. When you focus on such clothes you can give them different designs and models. You can easily sell it.

Keep in mind that the clothes on the front should be of high quality and look beautiful.

Setting the Right Atmosphere

Whether yours is a big boutique or small you need to make it beautiful. Light partitioning saves a lot of space and allows the customer to see each product differently.

Turn the lights on from the bottom up to bring the products on your displays to the attention of the customers.

The customer must be able to experience the outside world. Design floors with wood, different tiles, or carpet. The customer should feel something special when they step on the ground. This is an important point in the boutique store tips.

Dressing Room

The dressing room is something to look out for. Decorate the dressing room with mirrors. Light as well with hard fluorescent bulbs as needed. Provide a hanger that can hold customers’ phones and wallets.

Sales trend and inventory

With the advancement of technology, boutique POS software can report sales trends. Accordingly, you can understand the needs of the customers and which products should be stock more. So you can display products according to sales trend.

As boutique POS reports which item sells best, you can focus on that product and store different models in it. Additionally, boutique Store POS allows you to manage your inventory efficiently by keeping track of each of your products. Shortages will be notified to you immediately. This is an unavoidable point in boutique store tips.

Give employee training

Tell employees the goals you intend to achieve in your boutique. Train employees on how to treat a customer, provide them with appropriate clothing, and understand their tastes.

Discount and loyalty

For a boutique store, different loyalty techniques need to be used. In addition to offers like Year-End Offer and Buy One Get One, you can also make special offers for your loyal customers.

boutique POS software helps you find your loyal customers. A customer profile is created for each transaction. You can view each purchase history and find your loyal customers. focus on them and send various email, SMS, and Whatsapp promotional messages. You can bring them special offers.

Customer Loyalty Techniques will tell you the truth of success

checkout experience

The customer always wants a quick check. The rush in the billing department will make them tired. Also, there may be errors in your payment during rush hour.

The botique Store offers an all-in-one solution. With Lithospos, UPI payment integration is possible, which makes online payments safer and easier. If the customer requests a payment method with a payment partner, you can proceed with it. This is because POS can be integrated with different payment partners.

Everything about UPI integrated Point of sale

This allows the customer to make payments faster. It will give them a better experience. You know that good customer experience is the most important thing in business.

All of the above boutique store tips will be useful to you. Because it is the solution to the problems faced by the boutique store business.

POS software for clothing store

How to Increase Sales in Retail Store

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How to Increase Sales in Retail Store

Post author By Sadiq Lithos
Post date September 18, 2021
11 Comments on How to Increase Sales in Retail Store

increase sales in retail store | Lithospos

Are you going to start a new retail store? generating profit will be your main goal. There are so many result-oriented core concepts to generate more sales and profit. Here we are explaining how you can increase sales in your retail store.

Tips to increase sales in a retail store

Let’s discuss some strategies that you can implement in your business to increase sales.

Study the Industry

Study about the Industry to increase sales in retail store

When you intend to do any business you need to learn about that business. Its potential, risk, demand, capital, and so on. Importantly, when entering the retail industry, you need to understand the following:

Make a business plan
The name of your retail store.
Choose a location that has more customers and more sales.
Take your legal basics to the retail store
Build merchant relationships.
Try to give the customer a personal experience.
Explore marketing strategies and opportunities.
Plan your opening royally.

This is your first step in Increasing sales in the retail store

Plan and believe in yourself

Plan and believe in yourself for increase sales in retail store

The business you intend to do should be considered more of a passion than a job. Any business can only succeed if you have a passion for it. Believe in yourself so that you can run a business. Confidence is the key to success.

Skills required for a retail business owner.

Those who recognize the passion for business.
Courage to take on business risks.
Patience = success
Future Focused
Ability to Collaborate
Action-Oriented
Marketing Mind

Customer is king

Customers are your success. You need to understand their pain points and give them a solution. You need to understand the truth that you need them. They always want something new. Provide innovation whenever they come into the store.

Technologies like checkout and payment make it very easy for the customer. You can control everything with the help of point of sale (POS) software. POS enables various payment integrations. If your customer chooses a particular payment option, the POS software makes it important.

Always make the customer happy. Loyalty techniques such as various discounts and offers can be used. You can find your loyal customers and treat them, especially with the Loyalty Program at Lithospos. This will help you to increase sales in retail stores.

Ways to collect customer feedback

Financial security

You need complete control over your money. You cannot control it without clear financial documents. Once you know how much money you are making every second and how much it will cost, you can figure out how to manage it. With the help of Lithospos, you can get live, current, weekly, monthly, and annual data.

You are responsible

As mentioned earlier, you can succeed when you recognize your passion. Remember that as a retail owner you have a lot of responsibilities in the business. Remember that you are responsible for making the best possible sales when making critical decisions, offering customer service, and managing time and resources.

In addition, you need to treat your employees well, listen to their problems and provide solutions. They are your biggest asset. Pay employees fair salaries, treat them with respect and motivate them with bonuses and other tips. They will strive for the success of the business. This will help you to increase sales of the retail store

Be polite

Sometimes you may not be able to sell luxury items. But you can treat customers who come to the store with respect. While you may not be able to sell high-quality products, studies show that if you treat customers well, they will become regular visitors to the store. A smile or the respect you give them is a lot.

Create a buzz

Provide maximum coverage for specific programs. Or when something significant happens in the business, provide news about it on all possible platforms. Attend meetings and social events in your retail store and post information about your programs on Twitter, Newspapers, and News Articles.

Marketing

You cannot be successful in business without marketing. Marketing is a broad concept. Always set aside money for marketing purposes. Consider magazines, special publications, newspaper ads, and other marketing methods. Understand your customer’s pain points and market the solution. For example, “do not clothes shine well? We can help” may be advertised as detergent powder. Find your customers and research and resolve their pain points.

Customer Satisfaction Strategy

Your pricing strategy

Business is about making a profit. But give your goods a fair price. Understand the items your customer wants to buy and their financial status.

If your customers have different financial backgrounds, you can also store substitutes for expensive products in the store. Make sure you get your profit on every product. Different types of psychology in marketing can be applied.

For example:

marketing psychology to increase sales in retail store

Customer experience

This can give the customer a new experience. Everything from your display to the interior should be in the customer’s mind. Make your furniture, lighting, and interior eye-catching.

Enable efficient inventory management and various payment integrations with the help of retail POS software.

POS with inventory management software (2021)

Make full use of social media. Constantly interact with your customers through conversations and various quizzes and tricks like voting.

Introduce them to new products and give them the knowledge they need. Social media is a great way to get to know customers better and understand their opinions and needs. This will help you to increase sales in the retail stores.

Rely on technology

Most retail owners believe that technology can make their business operations easier. Retail management software, and point of sale software, automate many activities in the business and provides real-time reporting. You can find your best-selling products and concentrate on them to make a big difference in sales.

POS report helps to understand the changes in the booking behavior of the customers and take decisions at the right time.

You are going to be a millionaire

Include all of the above in the business to achieve your goal of increasing sales in the retail store. Of course, you can find success. Because what you are reading are the best tips to increase sales in retail stores.

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What I Wish Everyone Knew About Restaurant Online Presence.

Post author By Sadiq Lithos
Post date September 14, 2021
12 Comments on What I Wish Everyone Knew About Restaurant Online Presence.

Today there are very few people who do not use social media. By 2021, 4.48 billion users worldwide will be using social media. Online presence has become an integral part of humanity. Therefore, using them for business will be 100% successful. Today, restaurant online presence is compulsory.

Having an online presence will increase your customer retention and sales. The biggest example of this is the shift from customers to online ordering.

keep reading

Some tips to Achieve Your Restaurant Online Presence

You can now increase the online presence of your restaurant. If using the right tips.

Social media

As mentioned earlier, social media is used by 4.48 billion users worldwide. so social media can increase your restaurant’s online presence. Let’s take a look at how restaurants can use social media.

These are the social media commonly used by the restaurant industry.

Facebook
YouTube
Twitter
Instagram
Pinterest

Instagram

You can start a page on Facebook and Instagram in the name of your restaurant. This will allow you to upload pictures and videos of your restaurant and let customers know about your new offers, resources, and services.

Stories are vertical photos or videos that disappear 24 hours after being posted on Instagram. You can leave comments and polls on the story to understand the ideas and needs of the customers. Stories can engage customers and create your own Instagram account Growth.

Instagram Features

Stories

increase your restaurant online presence with Instagram stories | Lithospos

Use polls
Share your restaurant’s creative pictures and videos
Share behind the scenes.
Make videos with your customers and post on stories and tag those customers.
Get personal with the audience
Ask them personal questions
Run quizzes and games
Make educational videos
Host giveaways

Upload at least 1 story a day. Post at least 3 – 6 stories a day.

Feed

The Instagram feed is your main Instagram profile, you can upload photos and videos you post there. These feeds show up in your followers’ feeds and follow any hashtags you use in your post

increase your restaurant online presence with Instagram feed | Lithospos

You can try different formats in the feed

Carousels
Reel shares
IGTV Shares
Single pages

Instagram Reels

Instagram reels are short videos that can create and share engagement.

increase your restaurant online presence with Instagram reels | Lithospos

Reels ideas that your restaurant can implement to boost sales

Don’t make it too long
Inspire your cooking style
Make it entertaining
Use viral music
Do follow Instagram community guidelines
Make challenges

IGTV

Instagram IGTV lets you share longer videos.

increase your restaurant online presence with Instagram IGTV | Lithospos

IGTV ideas that your restaurant can implement to boost sales

Answer the Questions Your Followers Have Asked (Q & A Videos)
Session on food and hygiene
Customer reviews about your dishes
Share the Ingredients of Your Favorite Recipes
Create Tutorials and How to Videos

Of course, Instagram is very helpful in enhancing the online presence of your restaurant. There are also various paid promotion options on Instagram. Business.Facebook can be used for paid advertising

Facebook

By 2021, Facebook will have 2.85 billion monthly active users worldwide. Facebook is great for restaurants. In addition to paid advertising as you do on Instagram above, you can also do organic tactics for your online presence.

Why Facebook for your restaurant

Facebook is a social networking site

Facebook is not free, but you will get millions of target audiences from Facebook because Facebook is a social networking site. Surely you can turn them into your potential customers

Information sharing

Sharing is possible because Facebook is a social network site. You can share photos, events, offers, and the location of your business so that customers can see it and you can get the business.

Interactive

Facebook is easier to manage and personalize when compared to a website.

Personal touch with customers

Facebook allows you to stay in touch with your customers. During the various quizzes and quizzes, you can ask the opinions of the customers and keep in good touch with them.

Website traffic

If your restaurant has a website you can bring traffic to it. Customers can post the link on the website and visit the website. This will help increase the traffic to your blog.

YouTube

YouTube is a video-sharing network. You can create a channel and upload your restaurant videos. Users can view, like, share and subscribe. And you will be rewarded from YouTube. and this will increase your restaurant’s online presence.

Pinterest is very suitable for restaurants because it is a visual discovery engine. You will find inspiring recipes, home and style inspiration, and more ideas. When you find Pins you love, save them to boards to keep your ideas designed and easy to find. and this will increase your restaurant’s online presence.

Google My Business

Google My Business – Helps customers find your business address, opening hours, phone number, and your pictures. Listing on Google My Business is the first step in your online presence. Because getting your business done is very beneficial to the person who is looking for your services. and this will increase your restaurant’s online presence.

Benefits of Google My Business

Cost-Effective
Visibility on Google Search & Maps
Upload Posts, Like Videos Images, Etc.
Messaging with the customer is possible.
Customers can see the opening and closing time
can give website Link
Menus now available for Restaurants GMBs

Directories

When people research restaurants online they rely on different restaurant listing directories. So add your pictures, reviews, and contact details to similar sites. and this will increase your restaurant’s online presence.

List of top restaurant listing directories

tripadvisor.com
opentable.com
zomato.com
grubhub.com
happycow.net
delivery.com

Online ordering

Third-party integration is possible through Lithospos. You do not even need your delivery platform as there are many third parties available like Zomato, Swiggy, Uber Eats, Talabat, etc.

Third-party integration is also a way for you to increase sales. It also helps to enhance your brand image. and This will

Third-party integration is also a way for you to increase sales. It also helps to enhance your brand image.

Restaurant point of sale

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