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The Redefinition of Service
Millennials and Hospitality:
Oracle Retail:
Seven Signs It’s Time to Upgrade Your POS Hardware
The Redefinition of Service
Millennials and Hospitality:
Seven Signs It’s Time to Upgrade Your POS Hardware
In challenging times, replacing point-of-service units is hardly appealing. For many retailers, it can seem like an unnecessary expenditure — especially if current units appear to be perfectly functional.
But be warned: Trying to save money by sticking with obsolete hardware can actually cost more in the long run — in more ways than one. Aging units lead to escalating risks, each potentially more expensive than the last. Worst of all, antiquated systems — unable to adapt to emerging trends — rob your business of tomorrow’s opportunities.
If your POS can’t deliver the following benefits, it’s time to consider investing in hardware.
Ask Yourself, “Can your POS…?
Trying to save
money by
sticking with
obsolete
hardware
can actually
cost more in the
long run.
The Redefinition of Service
Millennials and Hospitality:
Deliver 24/7 Reliability
Reduce Energy Use
Risk of unit failure escalates with age. It’s simply an undeniable fact. That’s why retailers need to carefully consider all the ramifications of a till breaking. Imagine if one of your tills fails — especially at the peak of traffic or during a key promotional event? Consider the lost sales compounded by frustrating delays that risk customer loyalty and result in lost sales.
If cost control is a top priority, using aging hardware isn’t helping your cause. Older devices can produce exorbitant power bills for a host of reasons, including inefficient processors that generate excessive heat. By comparison, modern POS units “sip” electrical power, operating in an environmentally and economically sound fashion. As an aside, so-called “energy saving” sleep settings on obsolete units serve little purpose. Why? Many retailers have limited hours to serve the customer. Units placed in sleep mode take too long to “come back to life.”
#1.
#2.
The Redefinition of Service
Millennials and Hospitality:
Maximize Space and Mobilize Sales
Offer a Personalized Shopping Experience
With sleek, wifi-enabled designs, modern POS hardware can be placed virtually anywhere. They can be mounted to walls and freed from restrictive cables. Such benefits aren’t just aesthetic; they boost efficiency. For example, units can be placed closer to customers and the point of intent. Capture the sales before the consumer changes their mind. Many purchases are rationalized between the dressing room and the cash wrap. Though it may seem like a minor adjustment, but such a move yields larger market baskets, happier customers, and more efficient sales.
Modern POS units can do much more than ring transactions, they can serve as a platform for omnichannel growth, inventory visibility, and customer engagement. The empowered associate gains a 360º view of customer, inventory, and channel to complete the endless aisle to save the sale.
#3.
#4.
The Redefinition of Service
Millennials and Hospitality:
Improve Security of Business Information
Fortify the Role of the Store
Hardware and operating systems are intrinsically linked — the older the hardware, the older the OS running on it. When the OS nears end of support and your hardware can’t operate the next-generation OS, you’re faced with a major predicament, as unsupported operating systems become increasingly vulnerable to new viruses. Considering that security experts now say cyber-attacks and breaches are virtually inevitable, it’s more important than ever to upgrade your outdated technology.
Retailers are under a tremendous amount of pressure and becoming increasingly dependent on technology. The role of the store is under siege. How can a retailer improve individual store performance? Confirming that operating systems are secure and POS units are functioning properly are critical valuation prerequisites. Modernize your POS platform to empower associates with more transparency into customer, order and inventory to drive sales and improve satisfaction.
#5.
#6.
The Redefinition of Service
Millennials and Hospitality:
Rejuvenate Your Brand and Inspire Brand Advocates
Looks may not be everything, but the aesthetic appeal of modern POS units shouldn’t be discounted. With sleek, dynamic screens, they represent a vivid contrast compared with models that are even a few years old. To associates, an investment in hardware and modern software sends a clear message that the enterprise is investing in their future. Retain talent with the latest technology.
#7.
To associates, an investment in hardware and modern software sends a clear message that the enterprise is investing in their future. Retain talent with the latest technology.
The Redefinition of Service
Millennials and Hospitality:
Better Together
Empowered Commerce speaks to both the Retailer and the Consumer: it simultaneously enables consumers to shop how, when and where they want, in the way that they want — and enables retailers to engage consumers and drive sales without sacrificing profits.
Our portfolio of hardware and software solutions optimizes performance, enables innovation, and empowers associates — while reducing IT cost and complexity — for over 5,000 retailers around the world. Purpose-built hardware — engineered to work seamlessly with Oracle software for better performance, reliability, and energy use.
Oracle provides retailers a comprehensive portfolio of products, in a cloud environment that leverages Oracle scale, performance, and global support. We continue to deliver on-premises solutions, and work with our customers in a logical, measured approach as we migrate to the cloud.
Our portfolio of
hardware
and software
solutions
optimizes
performance
— while
reducing IT cost
and complexity.
on Oracle SimphonyFOR MORE INFORMATION
Please contact us: OracleHosp_ww@oracle.com www.oracle.com/hospitality
@OracleHosp www.facebook.com/OracleHospitality
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. VDL24881 151006
on Oracle SimphonyFOR MORE INFORMATION
Please contact us: OracleHosp_ww@oracle.com www.oracle.com/hospitality
@OracleHosp www.facebook.com/OracleHospitality
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. VDL24881 151006
on Oracle SimphonyFOR MORE INFORMATION
Please contact us: OracleHosp_ww@oracle.com www.oracle.com/hospitality
@OracleHosp www.facebook.com/OracleHospitality
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. VDL24881 151006
on Oracle SimphonyFOR MORE INFORMATION
Please contact us: OracleHosp_ww@oracle.com www.oracle.com/hospitality
@OracleHosp www.facebook.com/OracleHospitality
Copyright © 2015, Oracle and/or its affiliates. All rights reserved. Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners. VDL24881 151006
Please contact us:oneretailvoice_ww@oracle.com
www.oracle.com/retail@OracleRetail
www.facebook.com/OracleRetail
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