What's the Best Cash Register for Liquor Stores? 4 Top Considerations
Take a moment to imagine your liquor store running perfectly. Your shelves are always stocked with your customers’ favorite spirits, your checkout lines are short, and at the end of each day, you’re able to review a detailed overview of your store’s performance.
While you might be in the market for the best cash register for your liquor store, a more robust solution can make that dream a reality.
Choosing a modern point of sale (POS) system designed for liquor stores can transform your small business, so you can save time, build customer loyalty, and boost your sales.
Let’s explore a few key ways that POS systems differ from traditional cash registers — and how you can find the right solution for your liquor store.
POS System vs. Cash Register for Liquor Stores
While a traditional cash register for your liquor store is a simple, reliable tool to help you process sales, a comprehensive POS solution is critical if your goal is to take your small business to the next level.
A point of sale system is more than just a cash register; it’s a powerful tool that can streamline your operations and increase your sales, combining inventory management features, sales transactions, detailed analytics, and customer management into one convenient platform.
By choosing a POS solution over a cash register for your liquor store, you’ll be able to save time, spend more time with your customers, and grow your small business with ease.
Essential Liquor Store Point of Sale Features
If you’re looking to upgrade to the best liquor store cash register, there are a few key functions to keep in mind.
1. Liquor Inventory Management
If you’re still counting liquor bottles by hand, it’s time for an upgrade! A POS system with advanced inventory management features can eliminate time-consuming (and often inaccurate) manual processes.
Your POS system will track your stock from the moment it arrives at your store to the moment a customer purchases it, ensuring that you can always access an accurate, in-depth record of your inventory.
Other functions like automated invoicing and automated receiving make it even easier to keep your liquor store well-stocked. These tools automate your inventory process, allowing you to set a minimum threshold for each of your products. When your stock dips below this amount, your POS system will generate a purchase order for that item.
POS-powered inventory management will take you much further than a cash register can, saving you time and ensuring that your customers’ favorite liquors are always waiting for them.
2. Insightful Sales Reports
While your liquor store’s cash register likely generates a simple record of your sales at the end of the day, a POS system provides you with actionable insights packaged in a thorough yet easy-to-understand sales report.
For example, you not only can review each day’s sales, but you can also see your peak sales times, bestselling liquors, and other key trends in your store’s performance.
These insights will help you make informed decisions to adjust your marketing strategy, inventory, and operational hours to better meet your customers’ needs and boost your profits.
3. Customer Loyalty and Promotions
What do customers and small business owners have in common? They both love a good sale.
Your customers are willing to spend big if they’re also saving big, which is why it’s so important to regularly run enticing promotions in your liquor store.
If you’re still using a basic cash register in your liquor store, managing discounts can be a hassle, with your team having to manually discount items. This process can cause customers to miss out on your best deals — and it can also cause losses for you if your employee makes an error.
With a modern POS solution, you can easily schedule promotions, so that discounts are automatically factored into your customers’ totals. This feature will ensure accurate pricing and happy customers.
Another essential sales-boosting feature is a customer loyalty program. A loyalty program rewards your customers for shopping at your liquor store, encouraging them to shop with you more often and spend more during each visit.
A POS system with a built-in customer loyalty program can help you take advantage of these benefits and grow your loyal customer base.
4. Age Verification
A crucial part of running a successful liquor store is staying compliant with all laws regarding alcohol sales. One of the most strictly enforced regulations is that customers must be of legal drinking age.
Choosing a POS system over a cash register for your liquor store will help you stay in good standing with this critical law.
Liquor store-specific POS systems feature built-in age verification. With this tool, your employees can enter customers’ birthdates into the system and verify that the sale is legal. For an even more convenient experience, you can implement an age verification scanner, which allows your team to quickly and easily scan customers’ IDs to ensure that the ID is valid and that they are over 21.
What’s the Best Cash Register for Liquor Stores?
The best cash register for your liquor store is not actually a simple cash register at all. If you’re looking to grow your liquor store, you need a powerful point of sale solution to streamline your inventory management process, make more sales, stay compliant with liquor laws, and nurture customer loyalty.
Schedule a live demo with one of our liquor industry experts today to learn how upgrading your cash register can make a huge difference for your small business.