Retail
Retail, by definition, is the sale of goods or service from a business to a consumer for their own use
It might seem intimidating to switch from traditional, hardware cash register to a cloud-based POS system the switch is well worth it. Retailers have a lot to gain from using a POS, from functionality to analytics and reporting.
In many countries, the retail business is one of the biggest contributors to the Gross Domestic Product (GDP) and its contribution has increased as compared to past and is also increasing by leap and bounds
The future of retail will feature a high level of online penetration. The best suppliers will establish direct-to-consumer relationships, where retailers will no longer serve as the gatekeeper to the customer. Intermediaries will emerge and try to dominate the customer relationship, pushing undifferentiated retailers into a backroom role – essentially just a link in the supply chain.
