Epos Now Resources

Welcome to our Resources.

Explore the latest trends and insights, as well as advice on how to thrive in the retail and hospitality sectors.

principles

Business Principles: 11 Pillars for Equality and Success

A rundown of the FCA’s 11 business principles, examples of companies who have broken them, and an explanation of how you can follow these guidelines within your company. 

Published on 6.9.2021

qr code

QR Codes: How they Work, and How to Make a QR Code Menu

Learn how to create a QR code menu for free in three simple steps. Bonus: the benefits of adding QR codes, and three creative ways to use QR codes into your business to attract new customers.

Published on 3.9.2021

repoting

How to Build Business Credit, How it’s Calculated & Why it Matters

We delve into what exactly a business credit score is and why it matters. We also look at how business credit is calculated and give you practical advice on building business credit. Keep reading to learn how you can financially unlock your business’s ultimate potential.

Published on 1.9.2021

retail

What is Retail Experience? Amazing Experiences for Your Customers Every Time

What exactly is a retail experience? How is it created, and how can you make sure that your customers choose to stay loyal to you, in this era of endless choice? We answer these questions, and more, in this guide.

Published on 31.8.2021

shrink

What is Shrink (Shrinkage) in Retail?

Shrinkage is the difference between the optimal sales profit from the expected stock levels and the actual profit earned from stock that was sold.

Published on 24.8.2021

prestige

What is Prestige Pricing and Why Does it Work?

Prestige pricing is when a business sets their prices high, or higher than average, in order to attract customers. The psychology behind prestige pricing is ingrained within a lot of people, thanks to well-known phrases like “Buy cheap, buy twice”, or “You get what you pay for”. Many people associate high prices with good quality, which is why this strategy works.

Published on 19.8.2021

clark street mercantile qnKhZJPKFD8 unsplash

What are the Duties of the Average Store Manager?

In this blog, we examine the average duties of a store manager so that you can develop a great employee that will help take your business to the next level.

Published on 13.8.2021

kpi

The 8 Most Effective KPIs in Retail

Key performance indicators are clearly defined metrics that measure and assess business performance. KPIs may be based on sales, inventory, costs, and many more business factors.

Published on 12.8.2021

hanson lu sq5P00L7lXc unsplash

What are the Average Grocery Store Profit Margins?

As you can probably gather from the size and profits of some of the biggest grocers in the world, grocery stores can be very profitable. Here are the average profit margins for grocery stores.

Published on 11.8.2021

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