Let’s face it: If you run a liquor store, you understand the complexities of managing inventory, tracking sales, and handling marketing efforts — all while complying with strict regulatory standards.
The demands can be dizzying, but with the right tools, you can navigate these challenges smoothly.
That’s where a solid point of sale (POS) system comes into play.
And if you’re ready to invest in one, you’re likely wondering how much a quality system will run you.
In this blog, we’ll break down everything you need to know about the average liquor POS price, plus the features you should keep an eye out for — so you can make the most well-informed decisions for your business.
At its most basic level, your POS system is used to manage and track transactions, and should accept multiple tender types — from cash to credit to contactless pay.
But a modern, cloud-based POS goes beyond just ringing up sales. Its software offers extensive inventory, employee, and marketing management features.
For the liquor industry, it’s important to look for features like:
But remember, you get what you pay for — and you pay for quality. So when it comes to software, what is the average liquor POS price?
High quality liquor POS software can cost you anywhere from $100 to $400 a month — the more features you have, the higher the price is. Some providers may offer a discounted rate for annual subscriptions, and you’ll also need to account for any payment processing fees — the average fee usually falls between 1.5 percent and 3.5 percent.
Remember: Make sure your software has all the industry-specific features you need, but don’t overpay for the ones you don’t. Do your research, and decide the best fit for your business.
You can’t run your point of sale software without hardware, and there are some essential pieces that any retailer in any industry should have in their store. Here are the basics, and their general costs:
But because you run a liquor store, you’ll also need to invest in these:
These price ranges are wide, so make sure you understand what you need for your business, and don’t overpay for what you don’t. For example, you’ll need to invest in a barcode scanner that doubles as an ID scanner, but you may not need the most expensive pinpad — it all depends on your business’ unique needs.
Now that you know how much liquor POS software and hardware will run you, there are some other factors to consider.
How big is your business? Is it a small package store with only a few lanes, or a large warehouse lined with shelves? If you need additional point of sale stations, you’ll pay accordingly.
And what about support? Are you paying for monthly 24/7 training and technical support, or are you flying solo? Will you have to pay for ongoing updates, or are they included in the original cost?
And finally, what’s your budget? You know how much you’re able and willing to pay for a point of sale system — so make sure you find a solution that works for you.
But remember: You do get what you pay for. It might feel good to save money upfront with a less-expensive, low-quality system. But investing in a solid liquor-specific POS for a slightly higher price point will end up saving you some serious cash in the long run.
Implementing the right point of sale system is a game-changer for your business. But before you take the plunge, you need to know what the average liquor POS price is in order to make sure you're not overpaying (or underpaying!).
If you want to know exactly what you’ll pay for the best point of sale system in the industry, build your own system with our custom build and price tool. And if you’re still not sure about what you need in your system, contact one of our Bottle POS specialists today to schedule a demo!
