With the vape industry expected to grow by 30 percent each year, owning a vape shop can be a rewarding endeavor — but successfully running a thriving small business depends on finding the right tools.
A vape shop (point of sale) POS system streamlines inventory management, simplifies checkout, and even boosts sales. If you haven’t implemented this valuable tool in your vape shop, you might be leaving money on the table.
What Is a Vape Shop POS?
Your POS system is the backbone of your vape shop. It’s a central hub that not only processes sales transactions, but includes helpful inventory control, employee management, reporting, and sales-boosting tools.
To get the most out of your POS system, you should choose a solution that’s tailored specifically to the tobacco industry. A vape shop POS system makes it easy to navigate the intricacies of smoke shop stock, handle the legal restrictions placed on tobacco sales, and facilitate tobacco-specific promotions and marketing campaigns.
In this blog, we’ll explore four ways a vape shop POS system can level up your small business, helping you run your vape shop more smoothly and profitably.
1. Streamline Your Vape Shop Inventory Management
One of the biggest challenges in running a vape shop is inventory management. With a diverse range of inventory — plus constant changes in your customers’ preferences — keeping your vape shop well-stocked might seem daunting.
Fortunately, a specialized vape shop POS system can help. A vape shop POS system eliminates tedious (and often inaccurate) manual inventory management processes, helping you keep more accurate stock records in less time.
Your vape shop POS should update automatically to reflect when new stock arrives, and when a customer makes a purchase, showing you a spot-on overview of your inventory at any time. Effective inventory management makes it easy to keep your customers’ favorite products in stock, keeping your shoppers and your bottom line happy.
2. Enhance the Customer Experience
Creating a memorable customer experience is an essential way to make your vape shop stand out from the competition.
Think of your vape shop POS as your sales partner, helping you provide top-notch service to each of your customers. Here are a few fundamental vape shop POS features that your customers will love:
- A customizable touchscreen and button layout allows you to tailor your POS screen to maximize efficiency, empowering your employees to provide a convenient checkout experience for your customers.
- Smart search look-up enables you to quickly and accurately answer customer questions and make excellent product recommendations.
- Mobile and contactless payment options offer ultimate convenience to your customers and speed up the checkout process.
With these vape shop POS system features, you and your team will be able to guide customers to the right vape products, recommend new and exciting products for them to try, and ensure a speedy checkout every time they visit.
3. Stay Compliant With Tobacco Laws and Regulations
In many states, the sale of tobacco products like e-cigarettes and accessories are subject to strict laws and regulations. Luckily, your vape shop POS is your greatest ally in keeping your business compliant with the law.
For example, built-in age verification helps you ensure that your customers are of legal smoking age. When your customers check out, your employees use an age verification scanner to check their IDs and confirm that the sale is legal.
With this quick and simple age verification process, your vape shop POS protects your small business from hefty fines and penalties.
4. Grow Your Vape Shop Sales
If you’re hoping to grow your business, you need to take full advantage of a vape shop POS.
Your point of sale system isn’t just a critical tool for processing sales transactions, managing your inventory, and ensuring legal compliance; it can also give your sales a massive boost.
Here are a few ways your vape shop POS system can elevate your business’ bottom line:
- Kit building allows you to create custom bundles and seamlessly price, sell, and track inventory on them. A new and exciting product bundle or a kit for vaping beginners can be an effective way to upsell high-value items.
- Mix and match promotions make it easy to offer special discounts to customers when they buy certain products.
- A customer loyalty program rewards customers for choosing your vape shop again and again by offering them rewards points and special discounts.
These features keep your customers engaged with your vape shop and boost your sales, and your vape shop POS makes it easy to set up these promotions and track their success.
Supercharge Your Business With a Vape Shop POS
A vape shop POS is more than just a tool to process sales. It’s a powerful asset that streamlines your operations, empowers your team to provide excellent customer service, and drives your vape shop’s growth.
If you’re looking for a vape shop POS system to take your business to the next level, look no further! Cigars POS is equipped with all the tools you need to become your neighborhood’s go-to vape shop.
Schedule a demo today with one of our tobacco industry experts to see what Cigars POS can do for you.
