3 Tips to Boost Your Sales With an ATM
The location of an ATM is critical to its success. The ATMs’ strategic placement makes them more convenient for their users. 82% of people are delighted with this fact. As a business owner looking to increase sales, ATMs for your business are a critical step. The most straightforward strategy for increasing sales is to make transactions as simple as possible for clients.
Many business owners underestimate the value of providing transaction convenience to their visitors in the form of an ATM.
You’re probably wondering how ATMs for your business can help your business grow. This is how:
1. Increased Sales Revenue
ATMs for your business allow customers to spend more money without having to leave the store or worry about how to transact. Whether your company owns an ATM or provides space for another to be installed, you, as a salesperson, can benefit from this because you will be guaranteed maximum sales. If properly publicized, people will also come into the firm solely to obtain money.
2. Fee Revenue
The costs of operating an ATM range from the cost of the network connection to the cost of servicing the ATM and providing receipt paper. The difference between each transaction fee and the cost of operating an ATM for a business that chooses to operate one is where the profit is made. Simultaneously, the company must make an initial capital investment or incur ongoing expenses to lease the ATM.
3. Save on Renting Expenses
ATM owners may be interested in installing the machines in specific areas of a strategically located business with high traffic. Owners of ATMs will be solely responsible for the cost of operating, purchasing, and maintaining the ATM.
In exchange for the right to use space in the business, the ATM owner reimburses the business with a percentage of the machine’s revenue. Simultaneously, acquiring an ATM may enable the business owner to reap the benefits of having one without incurring the costs associated with purchasing or operating one.
ATMs for businesses are a critical component of increasing sales and profit margins. Businesses that have ATMs will attract more customers because they will be assured of a secure transaction without having to look for it elsewhere. As a business owner, an ATM may be another option. For more information on ATMs for your business, contact us today.
Tracking and managing inventory has never been easier with this fully integrated application. Set alerts for when inventory is low, reminding you to replenish items. LexgiaPOS Inventory also allows you to define minimum stock levels for any and all products, prompting the system to create automated shopping lists with every item that must be replenished. Check for the most popular items and plan restocking accordingly.
Delivery service is a valuable asset for any business, as it conveniences customers and creates another avenue for profit. LexgiaPOS Driver is a fully integrated application developed for restaurants as well as their drivers to foster a seamless delivery process.
Quickly and easily assign drivers to certain deliveries or delivery routes within the system, speeding up the process. They can be informed anywhere at any time with SMS alerts, allowing for route changes and quick turnaround time. The system provides real-time driver status and allows you to collect data to measure driver performance.
LexgiaPOS's S customer loyalty application allows businesses to create customized loyalty programs based on the best interests of both their consumers and the business itself. Loyalty rewards can be based on a variety of factors, including enrollment, customer visits, a fixed spent amount, specific menu items, and menu category.
LexgiaPOS CDS is a customer facing display that they are able to interact with during checkout. The easy and fast technology provides high levels of service and convenience for customers, allowing for less delay at checkout and increased consumer satisfaction. Equipped with a tip processing feature and required digital signature, the system provides quick service that is both enjoyable and more secure. The application can also prompt customers to opt-in to your loyalty program if you choose, driving more signups.
Self-order kiosk checkouts allow for customers to fully engage with the order and checkout processes independently, creating a more convenient customer experience while simultaneously lifting pressure from the front-of-house staff. LexgiaPOS Kiosk quickens the process of making and dispatching orders by communicating directly to a second display system located in the kitchen. The application eliminates extra steps by enabling direct communication from your consumers’ fingertips to the eyes of the kitchen staff.
LexgiaPOS KDS is a system specifically designed for catering to needs inside the kitchen. Always in direct communication with the front-of-house display, both systems can stay connected even without internet, allowing for no interruptions to the flow of your workday.
If your restaurant serves pizza, LexgiaPOS KDS allows your customers to customize a pie down to the slice and make their topping choices as elaborate as desired. Customers can also receive SMS text alerts directly from the kitchen so that they are notified as soon as their order has been completed. The kitchen display system allows for optimal efficiency and a significant reduction of error and waiting time.
Excessive wait times can lead to customer dissatisfaction, lack of repeat business, and loss of sales. LexgiaPOS Waitlist is a fully integrated application within the operating system that tracks and manages your business’s bookings and guests to ensure minimal wait time and maximal communication with your customers. Equipped with a wait time calculator and synced with the statuses of your tables, the application remains constantly updated and can keep your customers in the loop as well by sending SMS text alerts regarding the status of their wait.