If you’re not taking advantage of tobacco scan data programs, you’re leaving money on the table.
Tobacco scan data programs allow tobacco retailers to offer special discounts to their customers and, in turn, receive rebates from tobacco manufacturers. Participating in these programs can earn your small business up to thousands of dollars in rebates, while increasing your sales by offering promotional prices.
In this blog, we’ll explore exactly how you can start earning rebates and increasing your sales using the right business tools.
What Is a Tobacco Scan Data Program?
A tobacco scan data program is an initiative in which major tobacco manufacturers aim to gain insights into the performance of their products in retail outlets. In these programs, retailers are incentivized to share data regarding their store’s sales volume and customer preferences.
As a tobacco retailer, participation in a tobacco scan data program offers you two major benefits:
- You can offer promotional pricing to your customers.
- You can earn rebates from the manufacturer based on your store’s sales volume.
Sounds great, right?
Here’s the catch: You need to implement the right systems and processes to reap the benefits. These are our top four tips for getting the most out of your tobacco scan data.
1. Use a POS System To Efficiently Export Your Tobacco Scan Data
Participating in tobacco scan data programs and receiving manufacturer rebates requires you to export your data in the correct format daily.
Collecting, documenting, and sending this data manually can be a huge time sink, not to mention that data recorded by hand is more likely to contain errors.
A tobacco point of sale (POS) system is an essential tool for making the most of a tobacco scan data program. A POS system automatically and accurately records your sales data and provides detailed reports daily, weekly, and monthly.
Many smoke shop-focused POS systems are specifically designed to be compatible with tobacco scan data programs, generating the exact type of report you need to obtain your rebate from a tobacco manufacturer.
Maintaining accurate POS system sales reports is not just helpful in terms of tobacco scan data programs; this data can also be used to evaluate the overall health of your business and to help you make informed decisions about your operations.
2. Simplify Tobacco Scan Data Program Onboarding
Before you can start submitting your tobacco scan data for rebates, you need to make sure that your smoke shop’s systems are organized correctly.
Recording data accurately and providing the appropriate prices and deals to customers requires you to set up and maintain mix and match categories corresponding to each program’s details and offerings.
This onboarding process can be complicated without the right tools and support, but a POS solution with functions geared toward tobacco shops can help.
3. Update Your System When Programs Change
Tobacco scan data programs are always changing, with manufacturers frequently offering different deals on different products. This means that onboarding and setup for these programs is an ongoing process.
If you’re not using a user-friendly POS system that’s easy to update, creating the right categories and setting up the correct promotional prices can be a hassle.
When shopping for a POS solution for your smoke shop, make sure to inquire about the update process and the system’s compatibility with tobacco scan data programs.
4. Choose the Right POS Solution
Choosing the right tobacco POS solution for your business is essential to securing the benefits of a tobacco scan data program.
Features like automatic sales data recording, detailed report generation, and compatibility with program requirements can save you countless hours and ensure that you’re maximizing your rebate and offering your customers the best possible prices.
A tobacco-specific POS solution can be tailored to adapt to the changing nature of tobacco scan data programs, ensuring that your selected categories and promotional prices are always up to date.
Cigars POS is an excellent option to consider if you’d like to start earning rebates, increasing foot traffic to your store, and optimizing your small business. Not only does Cigars POS offer the features you need to seamlessly participate in tobacco scan data programs, but our team of dedicated tobacco industry experts is here to support you throughout your journey to making the most of your participation in these programs.
Schedule a live, personalized demo today to learn how Cigars POS can help you start reaping the rewards of tobacco scan data programs.
ay to learn how Cigars POS can help you start reaping the rewards of tobacco scan data programs.
