How to use POS system customer data: Inspiring ideas that work wonders
Point of Sale (POS) systems are an endless source of insight that can help retailers build customer relationships and boost brand loyalty. POS systems have sophisticated customer shopping behavior analytics, providing valuable insight to help retailers build a promotional sales calendar, create content about popular products, and offer data-backed marketing to their mailing list. Retailers should use POS data to make new shoppers loyal regulars by acting on that data, which can lead to a spike in sales or deliver free word-of-mouth marketing. Retailers can serve up relevant product suggestions to customers by using POS data to market similar items that the customers have purchased before. POS data can inform the timing of customer marketing campaigns or promotions and help retailers improve their store’s layout and merchandising.
Furthermore, POS data can be used to identify the top customer segments, tweak brand messaging, determine which retail marketing channels to invest in, and decide what types of promotions to offer. POS data can also inform decisions such as what items to display, how to merchandise mannequins and windows, and ideas for effective promotional materials. Insights into top categories or products can help determine which items to spotlight in promo materials and which product packages or bundles to sell. Therefore, retailers should take the time to go through their sales and customer reports to identify trends that they can use in their in-store merchandising and design decisions and in their marketing initiatives.
The article is “How to use POS system customer data: 9 inspiring ideas that work wonders.“