Retail Point of Sale Software to Inventory Management

Visual Retail Plus offers a retail point of sale software. Our touch screen cash registers and hand held scanners offer our customers simple checkout at the registers. In the back office the scanners aid with easy inventory stocking of products. There are several options with the POS software to handle all your specific needs. Our customers appreciate the different types of couponing capabilities. You can customize your coupons from 2 for 1 sale, percentages, dollar amounts and specific dates; automatic discounts can be applied to purchases over a set amount. You can also determine whether the coupons are applied to all items or just selected item. If you decide to allow double coupons Visual Retail Plus can satisfy your needs with our replace or add coupons on top of coupons. If your customer does not have a coupon but you want to apply a discount VRP as a button called Discount to handle this. Just ring up your sale and select the Discount button. There you can choose a percentage amount, a dollar amount or a new price.

There are many options when it comes to creating and setting up your inventory. You can customize it to the finest detail. Through the Inventory module you can select the Add Item module. There are many options for you to track your products including a Class field, sub-Class field and a sub-sub-Class field. You can create your color palette and scaling sizing to make it easier for the next new item. Because Visual Retail Plus caters to the retail market we know the type of information you are looking to track and our POS software system has the answers.

Once your inventory is stocked and tagged the retail point of sale system is ready to work for you. Purchases are scanned or manually entered into the register. The touch screen makes it so easy to use. Your inventory can be linked to pictures and information of the product. This aids in preventing theft of merchandise. Someone can change tags but they cannot change the picture scanned into system linking it to the product. Our Retail POS software has many security systems built into it, this is just one of many. There is a checklist of accesses so you can customize your end users accessibilities.

Visual Retail Plus POS software offers many options helping our clients to customize their system to fit their needs and requirements.

Setting up the POS software is easy and your store can be up and running and ready for business within hours. You will notice an immediate return on your investment as your business accurately and promptly enterstransactions and with the scanners errors become a thing of the past.

Our touch screen Point of Sale software works for every level of retailer. Whether you own one store or multiple stores in different states; with our back office your inventory is networked to provide an accurate list of items which can be easily transferred to the necessary location. Do the research and choose the right POS software system; you will be glad you did.

The Importance of Inventory Management in Retail

A retail store requires an inventory management system. Before a business owner can open the doors to generate revenue, they must know how they will be managing their products. Inventory management software must be implemented to allow business owners to successfully track and organize inventory. Organization is a key component in running a business. Visual Retail Plus can help you classify your merchandise by using a simple, user-friendly system.
With the complexity of retail operations increasing, systems to manage inventory had to meet the rising demands. The retail industry is one of the largest users of inventory management software. A good system can help show what is selling well and how many to keep in stock. Inventory management software can be used to show what products need to be restocked accordingly. Items are not overstocked and customers do not have to wait for products. Reducing costs is just as essential as gaining revenue and using Visual Retail Plus can result in efficient management of inventory.

Inventory management software makes it easy for companies to maintain control and handle the needs of their customers. A business owner must know the status of the company’s inventory because the requirements that customers have must be met. Although inventory management has always been an important aspect to running a business it has become increasingly important in todays retail industry. Retail stores that are successful must constantly increase their demands. In order for a store to have the products that customers want, maintaining accurate inventory.

Visual Retail Plus provides built in tools to allow planning the replenishment of inventory levels. Increasing the levels of when inventory should be replenished must be maintained by a business. Inventory management software is not a replacement for inventory management procedures. It is however, the tool that will increase efficiency when implemented correctly in combination with a business inventory management strategy. Supply and demand must be fulfilled, and without a plan to oversee inventory levels a business can fail to meet the demand of their consumers.

Inventory management can help companies get the lowest price on products because the company can spend only the money it needs to on orders. Most funds are allocated to inventory in the retail industry, which is why efficiently managing orders can help reduce costs. This also allows businesses to develop a strategy to implement with Inventory management software. With a more productive way of ordering products, consumers can enjoy the benefits of lower costs as well. This makes the customer happy. Inventory management software can keep track of costs from products that have been purchased and can create reports, which show what vendors have the lowest unit cost. Visual Retail Plus’ integrated reports and automatic ordering system can help put your business on the competitive edge by increasing efficiency.

Retail Stores Redefined

Today a retailer in India aims at attracting more people to his store and move up on the store conversion ratio. Retail design is what attracts a customer to a store. This year, retailers will look at bringing something new with respect to design to their stores. Here is what we feel will be the trendsetters.

De clutter: Today the customer looks at shopping as de-stress activity and cluttered and overstuffed retail stores do not appeal to them anymore. Open places allow them to swiftly move around the store and enjoy the shopping experience.

Pinch of art: Art has adds the premium quotient to a retail store. Brands with long known legacy will take to utilizing this tool a lot this year. Levi’s took to this trend in 2007 by creating a 34 feet long heritage wall at their flagship store in Bangalore which spoke of the brand’s heritage and world history. Numero Uno worked around their poster by creating a wall behind their POS counter.

Get green: Gong green is the buzz work and retail design will also take to this trend. Retail stores will boast of green design applications. Use of energy efficient lighting or usages of recycled materials for making fixtures are small initiatives in the field. Besides these, more and more initiatives will be taken in this sphere and will become the in thing which every retailer will look at incorporating in their stores. Tata, a leading retailer in India, undertook the initiative of going green for its stores with great effect. E retailers are also taking to the trend. Fashion and you in a progressive ‘go green’ initiative has introduced durable and eco-friendly packaging for its products. The packaging utilizes recycled original craft paper which is highly exclusive, thick and comes with a better finish.

Scents personified: Currently a majority of Indian stores lack this trend which is one of the most sought after trend in the west. A refreshing fragrance adds to a shopping experience leaving a customer vitalized and fresh. Studies show that fragrances can have twice as much higher brand recall as compared to visual branding. Creating signature fragrances will be an added feather to the trend.

Brighter lighting effect: Gone are the days when stores preferred low lighting to add to the look of a store. Vibrant and well lit retail spaces are what customers look for today. It adds to the buying experience by adding a sense of life to the store.

Technology aid: Last but not the lease, the use of technology in retail design is inevitable. Technology is what drives design in most of its forms. Be it LED lighting, store lighting or signage’s or interactive mediums in a store, technology is omnipresent. But this year it will move beyond its traditional use. Intel has launched an interactive digital signage will be a new for the stores and definitely a hit amongst customers.

So the next time you enter a store, make sure you take notice of these trends and analyze their effect on you as a customer.

VRP Announces Point of Sale Retail Software

Baby Boomers are now having their children take over businesses they have been managing for a number of decades. Point of Sale retail companies like Visual Retail Plus are getting phone calls almost every day from children of business owners saying that is it; they have to switch to a computerized point of sale due to the high competition.

What does a point of sale retail software have? Many more options and life changing features that store owners can not even imagine. Visual Retail Plus specialized in assisting store owners to switch to a computerized point of sale solution.

With big clothing and shoe store chains lowering prices and advertising on all social media websites, local stores are feel neglected. Smart store owners realize that the magic of having a local store even in a big city is that relationship with the customer and the low turnover of employees. A Point of Sale retail solution can help do just that with a built in CRM which is a Customer Relation Management tool that allows you to save customer information such as name, address, phone number, email and birthday. Visual Retail Plus customers can have emails automatically sent to customers on their birthdays. More than that, customer preferences can be documented whether it is specific colors, type of fabrics or the width of the shoe.

More often than not, customers today are offered to be part of a loyalty program that gives them points and store credit or free items in the store when they return. Gift cards today are also given as an option in store. Not only can a gift card be given to a friend or family member that lives in the area, if a customer returns an item there is no need to give back cash or credit their, many retailers today provide a gift card with the correct amount that can be used any time.

Another question that is often brought by retailers looking a retail point of sale solution is commission to employees. Visual Retail Plus not only allows commission to be given to employees, but there is also an option to add additional commission for a specific product. Retailers take advantage of this option either when launching a new product or if they would like to get rid of a specific product. For example one retailer gives extra commission on all red and green gift boxes sold after New Year in order to make room for Valentine’s Day boxes.

Only after a retailer switches from an old fashioned cash register to a modern and computerized Point of sale software retail do they realize how many free hours they have even due to reports that make life easier all while raising sales due to a higher volume of customers entering their store yet being able to enjoy the personal touch given by the sales personnel.

For more information on Visual Retail Plus, go to www.VisualRetailPlus.com

Transforming Indian Retail Stores

Retail in India is unorganized in terms of industry as well as in terms of the selling points. As Indian consumers we have grown seeing Indian retail stores also known as kirana stores. These stores either large or small have always been cluttered, barring the entry of customer and also not well designed to suit the need of the retailer in India.

But now this scenario is changing as retailers in India look forward to better customer satisfaction, sales and footfalls.

Indian consumers have transformed the way they shop. They love to touch and feel the products, have become brand loyal and also look for value for money. A change for better in retail stores in important.

Changes incorporated: The Indian retailers have now understood the need of not just selling products but experience. Indian consumer is now of age when they want to move into a shop try out the products in terms of the packaging, variety and pricing. Moreover, with modern retail coming in, people also look for discounts and deals.

Looking at the consumers need, the neighborhood kirana stores are also now transforming themselves. To keep the customer intact they are bringing in larger variety of products, more brands, proper stacking of products, inventories, space for customer to move across store and choose the product and better deals and discounts. What also gives the neighborhood stores an upper hand is the facility of home delivery, which they offer either at a very minimal cost or at times no cost.

Offering such services only help stores to keep their customers coming back and also enhances the loyalty towards the store.

Consumer’s takeaway: Consumers now like the way retailers in India are transforming their stores. The changes incorporated by these retailers have made people come back to the neighborhood kirana store to shop for their basic needs. Moreover, the consumers have a better prospect to smile upon as they now can choose between going to a modern retail store or the neighborhood kirana store according to their need.

Way forward: Such changes across the retail sector has enhanced the way a consumer shops, making his life easier and convenient. Also, the consumers love it as they can now enjoy value for their hard earned money.

Moreover, looking forward at the Indian retailer stores scenario, with consumers growing knowledge and reach , more and more people will only move towards more organised retail stores in order to serve their customers well. Way forward we will see that modern retail and neighborhood stores will have their own way of surviving in this ecosystem without harming each other’s existence.

VRP Launches Retail POS Software Concerning Sole Benefits of Retailers over Its Usage

Visual Retail Plus is a window-based retail point of sale software organized for retail chains of small and medium dimensions. VRP points out that its ‘close to real time’ apparatus lets different regions receive updates and current information from foreign locations. VRP also emphasizes on the fact that this software’s performance and speed level is never diminished even when the data speed is slow. Visual Retail Plus has been claimed to function properly and smoothly in all retail vertical markets. The program’s features, as necessitated by clients can be controlled, turned off and on by the administrative body.
A spokesperson at VRP says, “One need not restart the computing device in order to active or restore the newly applied settings. Our application is speedy and accepts all alterations executed in its settings instantly”. This benefits a retailer in saving his time and renders a business model that abides by his necessities of speediness and accuracy. This software possesses an ‘Inventory Matrix’ that is a powerful but simple feature via which all inventory operations and changes may be initiated without any requirement of accessing different modules. This advanced matrix program lets one create sales and purchase orders smoothly, accept merchandise, form shipping patents and dispense to stores, print barcode labels and tags, alter prices, generate multiple universal product codes for each item, maintain and alter dimension scales, shipping costs, weights, etc. These specs of the program were announced by the company while issuing its latest update scale at its official site.
Visual Retail Plus point of sale retail software can function appropriately at all sorts of vertical retail markets, like apparels, shoes, lingerie, gun shops and sporting goods, jewelry, books, cosmetics, gift shops, etc. The technical specs utilized by VRP are advanced and beneficially integrated into the program. Point of sale CRMs is in vogue these days. Numerous POS manufacturers have emerged recently but VRP personnel claim to withstand them. A moderator at VRP declares, “We have received tough competition from contemporary POS manufacturers, but our expertise, experience and quality have outdone them all. We have always focused on the specific needs of retailers, which have ultimately led to the discovery of such a utility retail POS software program”. Visual Retail Plus seems to be technically advanced and its touch screen technology is an innovative incorporation.
About Visual Retail Plus
Visual Retail Plus has been involved in this business for over two decades. The company personnel previously worked in association with retailers that inspired them to create such a program. VRP has appointed an active customer support executive team through which consumers can discuss their problems regarding usage of the software and sort out other queries instantly. Their helpline is available 24*7. The company seemed quite promising with its product and has managed to be tagged as a reliable and steady POS Software manufacturer. This is quite evident from the positive reviews it has achieved at consumer forums. Affordability, quality and flexibility of this POS program rank it high amongst other contemporary point of sale retail programs available. VRP is utterly motivated to upgrade its software’s technology and features soon.

Virtuous Retail Retail Therapy all Over India

India’s growing demographic strengths has boosted organised retail; and the industry is expanding at a rapid pace.

But the dynamics of this segment are different from that of residential properties. The success of a mall depends on factors like location, design, anchor tenants and good tenant mix. This is where Virtuous Retail stands in good stead. With specialized know-how in creating high-performance lifestyle centres, Virtuous Retail not only offers premium commercial space but complements it with intelligent tenant relationship management. It is the only institutionally owned, developer-operator of lifestyle destinations, it has a pan-India footprint.

Virtuous Retail is currently developing world-class lifestyle centres; the flagship VR Bengaluru and Arena. Virtuous Retail offers premium retail space for lease in Bengaluru, which boasts of one of India’s fastest retail growth figures. Retail therapy takes on a whole new meaning with the advent of the ritzy VR Bengaluru. This awe-inspiring structure spans 1.5 million square feet; and features over 200 luxury and super-premium retail, entertainment and F&B outlets. Located in the heart of the buzzing Whitefield, VR Bengaluru houses top-notch commercial spaces, contemporary offices and a hotel in addition to shopping. The rooftop houses a Sky Deck, a multi-activity venue that is a wellness centre by day and a leisure hub by night.

Premium retail space for rent in Mumbai is hard to come by in a city that enjoys a mature consumer market, but is bursting at the seams. The Boulevard by Virtuous Retail is located in the swanky suburb of Juhu, the only destination in an 8-kilometer radius. Boulevard offers 8, 50, 000 square feet of luxury, premium and high street shopping; with 7,00, 000 square feet for residential development. 6, 00, 000 square feet of space is earmarked to house a high-end sports club, hotel, and banquet space. These are separate blocks connected via boulevards for retail, F&B, and outdoor events.

The retail market in Kolkata is different and an interesting one. India’s third most populous city is an eclectic mix of the traditional and the modern; and is growing by leaps and bounds. In fact, the household expenditure in Kolkata was found to be INR 1,822 per person per month on average, which is much higher compared to other metros. Naturally demand for upscale retail space for rent in Kolkata is rising. Epicentre in New Town, a joint venture of Virtuous Retail, offers a whopping 2,300,000 square feet of leasable space. This ten level mixed-use lifestyle centre is set to house 7, 00,000 square feet of retail space; along with a star hotel and upmarket residences.

Like any other real estate investments, it is important that any retail real estate investment is backed by a proven track record. Virtuous Retail’s expertise includes the entire gamut of research, planning, design, development, leasing, marketing, operations, and regulatory compliance.

Source At: http://bit.ly/1GgM464

Virtuous Retail Boosting Growth

According to the Indian Council for Research on International Economic Relations (ICRIER), India is the seventh-largest retail market in the world. No doubt that luxury retail is not just here to stay, but is the future of modern Indian economy.

The organized Indian retail sector has developed exponentially due to globalisation, high economic growth, changing consumer preferences. Even Tier II towns have witnessed have thus emerged as attractive markets for premium retail shopping outlets and superb retail spaces.
Virtuous Retail, an offshoot of global investment firm Xander Group, specializes in Retail Management and Leasing, Tenant Relationship Management, and neighbourhood shopping centres. The company currently has around 8 luxury shopping malls in various stages of construction in Pune, Mumbai, Bengaluru, Kolkata and Udaipur, which will be given to luxury brands as retail space on lease.

The company’s flagship mall is in Surat; a total of 6,00,000 square feet of luxury retail spaces. VR Surat celebrated its first anniversary last year, and is drawing customers in large throngs. It is the largest shopping centre in Surat – 3 storeys high and 45,000 square feet of open area. 90 per cent of the total retail space for lease has been booked by 11 renowned anchor stores, 2 mid-sized units and 78 inline stores. This contemporary, premium lifestyle retail centre has already won an award for the ‘Most Admired Shopping Center Launch’ award at the Indian Shopping Centre Awards 2014.

In Pune, another fast-growing tier II city, Virtuous Retail is currently developing “My Mall.” The Pune mall is spread over 17 levels including 3 basements. A mixed-use format, My Mall also houses the upmarket Marriott Hotel within its premises. The Epicentre at Kolkata too, is a mixed-format project where the mall houses Grade A residential premises as well as a star hotel. Both the malls are expected to launch in 2016. The opulent retail shopping outlet in Bengaluru, VR Bengaluru promises to be an ‘it’ destination with luxury and premium retail brands and even a microbrewery. What sets it apart is that this 1-million square feet mall, which will be operational in 2015, will have a dedicated 50,000 square feet plug-and-play workspace for bootstrapped entrepreneurs. The Boulevard in Mumbai is spread over 16 floors and houses a high-end sports club, hotel and banquets, top-class luxurious residential units.

It is not just enough to built swanky malls and rent out commercial space on lease; the success also depends largely on the brand mix and primary market. Virtuous Retail is also a specialist in the niche field of Tenant Relationship Management, which plays a crucial role in anchoring the mall’s success.

Today, mall management and marketing is not just retail space for rent, but all about Consumer experience design- where the overall experience of the consumer plays an important part in the buying process. Virtual Retail has not just mastered the art, but has perfected it.

For more info visit: http://www.virtuousretail.com/

Virtuous Retail mapping the future

The demand for quality retail shopping outlets is increasing at a steady pace. This phenomenon is already evident in the metropolitan cities; Tier II and Tier III towns are also witnessing a demand for superior shopping experience and retail spaces. Swanky lifestyle malls and luxury retail brands replace traditional mom and pop stores. Experts are of the opinion that Indian lifestyle retail is set to grow faster than the growth of India’s GDP (Gross Domestic Product).

Rentals are one of the major cost overheads for retail companies. A major shift from the property-selling model to a leasing-and revenue-sharing model has been perceived in recent years. Virtuous Retail Services Pvt. Ltd. is a company that specializes is the development of retail space for lease. Its portfolio includes lifestyle centers, neighborhood shopping centres, and luxury retail centres. Virtuous Retail owns premium retail space for rent in India’s top cities – Bengaluru, Chennai, Mumbai, Pune, Surat and Kolkata. Virtuous Retail works in a developer-operator role. It develops urban social and commercial hubs (mall and shopping centres) and then manages the day-to-day operations of the mall. Global expertise is smartly fused with local data to create high performance prime commercial hubs, attractive to national and international retail players. This has made Virtuous one of the leading institutions in retail management and leasing.

Nowadays, apart from leasing space, promotion and marketing has also become crucial. According to Govind Shirkhande, CEO, Shoppers Stop’s, “With the revenue-sharing model, it has become important that tenant and owner both have a transparent business relation. This is the reason that specialized contracts are becoming popular.” Thus Virtuous Retail, in addition to its developer and operator role, also offers specialized services like consumer experience design and tenant relationship management. Consumer experience design is nothing but experiential marketing – the practice designing promotions and services with a focus on the quality of the customer’s experience. In today’s challenging scenario, it is not enough to make ensure 100% retail space on lease. The right mix of tenants adds stability; tenant relations and retention is a key component in mall management. Tenant relationship management today has evolved into a specialized field where dedicated managers are focused on developing mutual trust and smooth operational flows between the mall tenant and mall owner.

Backed by extensive research, Virtuous Retail is currently developing 8 large-format retail shopping centers in Surat, Bangalore, Pune, Chennai, Mumbai and Kolkata and Jaipur and Udaipur are on the anvil. The company is looking at outright purchase or commercial space on lease for these projects. With the backing of The Xander Group Inc., a leading emerging markets investment firm, Virtuous Retail is on the path to map India’s retail future.

For more info visit websites: http://www.virtuousretail.com/

A Makeover for Retail Stores

The Indian retail market is the only industry that keeps the consumer sentiment up even when the economy sees a downturn. The retailer in India never faces a drought in terms of buying. The only thing that stops the growth is rising realty cost and shrinking spaces which curbs the retailers to open larger and more retail stores at a fast pace. The brands are feeling the pinch but a strategized movement in various markets will help them grow better.

The problem area: Growing number of brands, coming up of malls, realty laws becoming stringent and space becoming costly, all these contribute into calling for a problem for retailers in India. The retailers, who looking at the growing spending power and aspirations among Indian consumers, want to grow their presence in the Indian market rapidly, but with rising realty costs they are unable to reach their target consumers. The store sizes have shrunk. Recently we saw all the big names in the retail sector who run large size stores have sought to shrink the size of the stores due to high operational costs and rentals.
The brands who want to penetrate further in markets have now curbed their plans and are planning to grow in a slower manner, which also puts down their target sales and further growth.

What needs to be done: The retailers in India will now have to work towards creating stores which offer value for space. Incorporating more workable equipments which also help in creating a clutter free store, will help them get more value from each square feet they rent, buy or lease. The visual merchandising will play a critical role along with limited inventories so that there are no stock ups at the store. Also a better understanding of markets the retailers want to move into will help them design the stores accordingly.

E-retail: a better prospect: What can also be the next big thing is the growth of e-retail. With space becoming constraint and the operational costs becoming high in terms of maintaining retail stores, e-retail has come across as a better alternative which not only eases the shopping experience for consumers but also lets retailers to sell better with lower operational costs. Today almost all big retailers in the country have their e-retail segment as well. This helps them reach consumers which they still have not touched upon. The internet penetration in India is growing and for people who have less access to brands through physical stores, e-retail proves to be a boon for them.