Over the course of the past ten years, the industry of technology has expanded in ways that not many people deemed possible. Furthermore, the industry of technology has also brought forth a number of changes that not many people thought to be possible. As a result, technology is continuously changing how customers interact with businesses on a daily basis.
As technology continues to change the world around us, there are plenty of benefits that will come along with this. For instance, the revolutionary touch POS system is going to help make business interactions quick, easy, and incredibly convenient. Here are all of the facts that surround a touch POS.
First and foremost, it is important to understand what POS stands for. POS stands for point of sale. This is essentially an automated machine that will allow for you to make purchases from it or order products. Point of Sale systems became based on Personal Computer technology over 30 years ago.
The market for POS terminals is expected to reach $116.06 billion in United States Dollars by 2025. The reason why this market will have such a high value mostly deals with the fact that it is going to be used consistently in the United States. As a result, there are more and more businesses willing to invest their money in installing touch POS systems all throughout their business.
Using POS customer surveys can be faster than older survey methods. A POS experiment by grocery chain Co-Operative Group rendered 250,000 responses in 1 day, a figure which would have taken 6 weeks to achieve by traditional methods. As of right now, there are certain industries that are adapting to the rising value of touch POS systems!
The leader in terms of touch POS system installation is without a doubt the movie theater. The movie theater industry is the place that you are most likely going to interact and utilize a touch POS. You can use this type of automated machine to order tickets on the go or you can use it to potentially print your tickets that you ordered online.
In 2017, 62% of retail workers say mobile POS systems have made their jobs easier. So this is another area in which you will find plenty of touch POS systems. These systems can be used by retail workers to perform quick and simple tasks.
In 2017, 51% of stores that use POS systems accept mobile payments. In 2016, approximately 3,541,010 people were employed as cashiers in the United States. As time goes forward, these cashier employees will b able to perform their jobs so much quicker thanks to using a touch POS system!
Throughout 2017, 34% of sales happened at a traditional register while 29% happened at a mobile register. The software-based retail POS industry is projected to account for 30% of global market revenue by 2024. By then, there will be a large number of touch POS systems utilized across the business world!
In Conclusion
Every single year there are innovations in the world of technology that bring about huge changes in society. As these technological trends continue to grow, there is no question that the world of business will be changed as well. There are large-scale fast food organizations that are currently trying to implement touch POS systems into their world of business as well!