Close to $13 billion was spent in the United States through mobile devices in 2012 alone. Recent reports project that this figure will only increase over time along with the rising popularity and prevalence of mobile devices in the market today. By 2017, projection reports estimate that this figure will reach $90 billion, according to Fact Browser. Whether you have a traditional brick-and-mortar store or are just now trying to figure out a way to open an eCommerce business from the comfort of your own home, you need to seriously consider an option that will allow you to get a piece of that action. (image via shutterstock).
Saving Money on a Short and Long-Term Basis
The average traditional point-of-sale (POS) system can easily range between $3,000 and $50,000 as a one-time purchase. Keep in mind that these fees are simply to just purchase the actual equipment. You will still need to pay annual expenses and associated fees with the overall usage of this equipment, such as software licensing fees and maintenance costs, according to the Small Business Administration (SBA) (image via shutterstock).
What happens when you want to upgrade your equipment to a brand-new setup? You will have to face this average price range all over again and start from scratch. It does not matter how much revenue your company generates each year; paying an average price of $26,500 just for equipment can make a huge dent in your bottom-line profits. Investing in a mobile POS system will allow you to save a substantial amount of money right now and in the future as well. Based on reports compiled by the SBA, you can have a high-quality mobile POS system up and running for less than $1,000 in most cases – a small fraction of the average cost of traditional alternatives.
An Eco-Friendly Solution
In addition to the money that you will be saving by using a mobile POS solution for your business over time, you can also make a significant effort toward saving the environment and the trees by doing so, as well. In most cases, business owners and professionals are simply not aware of the massive amounts of paper that they are using throughout the year from receipts and invoices alone (image via shutterstock).
One study states that over 9.6 million trees are destroyed each year simply to produce paper receipts. This figure does not even include the 249.6 million gallons of oil that is used to produce the paper and 1.4 billion pounds of paper trash that end up in our landfills when your customers throw those receipts away, according to Software Advice. The next time you print a paper receipt or order confirmation for your customer, take a moment to think about these figures. Regardless of the size or type of business you operate, investing in a mobile POS system, such as a cash-free POS kit, can help you to change the world and inspire others to follow in your footsteps.
Increase Productivity and Efficiency
You might not really care about saving the trees or the planet. You might not even worry about saving money on the one-time purchases of traditional equipment and systems that are hard at work within your business day after day. However, what you do need to care about is your current level of productivity and efficiency (image via shutterstock).
Remember that with each passing year, there will be more companies that enter into your respective market – hunting for a way to take your customers. You need to always stay one step ahead in this game in order to remain competitive. Allowing mobile technology and the Internet to work hard for you through a mobile POS system will make achieving this goal much easier than you think. The exact opposite will occur, however, if you refuse to do so.