Let’s say you have opened your very first store. A lot of consumers walk in coming from various places. You make great sales, probably more than what you were initially targeting. You’re always at your store on top of everything to the point that your consumers even ask you when you would build another one and when you do, if you can please build one near where they work or where they live. Finally, you reach that point where you have the budget to build another one and you do. Of course, you build your second store to a different location. You can still go to it and monitor it from time to time. So, you divide your 100% attention to your first and second store. It’s quite challenging but still manageable. It’s not as successful as the first one but the profits are still coming in. Then the same demand emerges, so you build your third, fourth and maybe your fifth store. However, managing 4 to 5 different stores are becoming such a nightmare. How can you possibly divide your attention to all these stores? You see another pattern emerging wherein every store that you put up is less successful and less organized than the last, let alone your initial store. You’re probably wondering what the main problem is. I mean, you did do the exact same thing to all these other stores as you did with the first one. It’s the same exact success recipe. This is where your problem is rooted.
Your success recipe for your first store was intended for a single store, not multiple stores. So, you can’t use the exact same recipe for all your other stores because as you know by now, it doesn’t result in the same success. Owning and operating a single store and multiple stores require different things. What you did was merely open up a bunch of single stores not open multiple stores. What’s the difference? All your stores are disconnected. Simply put, you need something that will virtually connect all your single stores and transform it into a chain of stores. It’s high time to invest in a pos multi store.
A pos multi store connects your multiple stores into a central database – you. This means that although they have different amount of stocks, different consumers and different demands, they all receive the same data and the same updates from you. In addition, dividing your time and attention physically is no longer a problem. Since you are the central database, only you can have access to each of their database which means that you can monitor them without having to go there. What happens is that you don’t have to attempt multiplying yourself. You are one and all of them are connected through you. So stop trying to manage your multiple stores as if they were single stores. Manage them in a connected fashion wherein you are in the centre of operations.