The Retail Vantage
  November 2011
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In This Issue
Holiday Shopping Plans Include Deals
th Quarter promotions from Radiant System
Tech Tips
The 5 Words That Kill Potential Sales
Meet Our Staff
Referral Rewards
Follow Advanced Retail Management Systems on Facebook
 
 
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Holiday Shopping Plans Include Deals, Coupons and Discounts 


 
by Jack Loechner

 

According to the National Retail Federation's 2011 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch, holiday shoppers say they plan to spend out an average of $704.18 on holiday gifts and seasonal merchandise, down slightly from last year's $718.98. The report is forecasting overall holiday retail sales to grow 2.8% during the months of November and December to $465.6 billion.

 

Average Holiday Spending

 

Year

Spend

2004

$699.98

2005

734.69

2006

750.70

2007

755.13

2008

694.19

2009

681.83

2010

718.98

2011

704.18

Source: NRF/BigResearch, October 2011

 

 

In addition, a new shopping poll conducted by Ipsos Public Affairs shows that given the current state of the economy, 45% of U.S adults plan to spend less this coming holiday season than they did last year.

Women are more likely than men to say that they are going to be cutting back their holiday shopping budgets (49% vs. 39%), as are adults ages 35 and older compared to younger adults (49% vs. 35%).

 

Consumer Spend Planning 2011 Holiday Season

 

Plan

% of Respondents

Same as last year

42%

More than last year

11

Less than last year

45

Source: Ipsos, October 2011

 

 

Many adults are not taking advantage of online coupons that could help stretch their holiday dollars, with less than half saying that they are likely to look for online coupons or coupon codes before making a holiday purchase.

 

Continue Reading: http://www.mediapost.com/publications/article/160985/holiday-shopping-plans-include-deals-coupons-and.html

 

Source: Media Post

 

 

4th Quarter promotions from Radiant System
  
This month we would like to highlight some 4th Quarter promotions from Radiant System surrounding CounterPoint SQL and its new service offerings: CPMobile, Customer Connect, CPOnline & Smart Alerts:

 

CPMobile Product Launch Special - Retailers who register for CPMobile under an annual (12 month) agreement by 12/1/11 will be offered a special introductory price of $50/month/device for the first year.   The standard price is $75/month/device, so this represents a $300 savings over the course of the year per device. You can register as many devices as they would like, using promotion code CPMLAUNCH.

Retail Apps Bundle Free For 2011 -
CounterPoint customers can register for  2 of the following Retail Applications - CPOnline, CustomerConnect, SmartAlerts - at no monthly charge through the end of 2011*. This limited time offer is good for the first 200 customers who register and is only valid if the customer has not previously registered for the Retail Apps they select.  Customers can contact one of Radiant System's application experts at retailsales@radiantsystems.com or 800-932-1058 to learn more.
 
*CPOnline initial set up and training fees still apply.
 

Additionally, regarding CPOnline: CPOnline - Stored Value Cards are here!! The September release of CPOnline now contains the long awaited Payment by Gift Card (SVC) feature!   Additional features also in this release include Google Product Feed Enhancements, Import Extra Item Info Enhancements, Import Extra Grid Info Utility, and Shopping Cart Enhancements (CPOnline V3).
 

As always, any CounterPoint SQL questions can be directed at Rob Freda at Rob.Freda@armsys.com or 303-738-1800 x311.



Tech Tips

  

Tech Tips

Template customers
 

To simplify the process of adding new customer records, CounterPoint SQL now allows you to designate a particular customer record as the "template customer." Whenever you add a new customer, the values from the template customer record are used as default values for the new customer.
 

Template customers are defined by workgroup, which means you can set up a separate template customer for each workgroup to define different default customer values for each store, location, or site.
 

To create a template customer, define a customer record with the values that you want to use as defaults for new customers, and then designate the Template customer # on the Workgroups form (Setup > System > Workgroups).

 

 

 

 

The 5 Words That Kill Potential Sales

  

 

5 Words That Kill Potential Sales

When times are tough (and sometimes even when they're not) we tend to channel our inner Randolph Duke and try even harder to, "Sell, sell!"

 

 

So why don't our increased efforts result in increased sales? The problem often lies in words - and the approach we take to sales as a result of those words.

 

Let's look at a few words you may be using to guide your approach, and the words you should replace them with:

 

1. Replace Specifications with Benefits. I wanted to cut up some fallen trees. I'm not a lumberjack and knew nothing about chain saws. At the first store the salesman said, "Here's an awesome saw: 50cc engine, 9000 rpm, 18 bar..." While I understood the terms I couldn't place them in context. (Is 9000 revolutions per minute good?) I went to the next store and after the salesman asked me a few simple questions he said, "This chain saw is probably your best bet: It starts reliably, has great safety features, the chain is easy to remove for sharpening or replacement... you could get a more powerful saw, but based on the size of the trees you'll be cutting, all you would get by spending more would be a heavier saw to lug around."

 

One salesman tried to impress me with specifications and features and in the process just made me feel stupid. The other understood my needs and solved my problem. Customers only care about specifications and features in relation to how those qualities meet their needs. Start with benefits, help the customer feel their needs will be met... and then dip into specs if they seem interested.

 

 

Continue Reading: http://www.bnet.com/blog/small-biz-advice/the-5-words-that-kill-potential-sales/4999

 

 

Source: BNET  

Meet Our Staff

  

Susie Carmen 

 

Meet Our Staff: Susie CarmenSusie Carmen joined Advanced Retail Management Systems eleven and a half years ago. Susie is the Marketing Assistant in the Sales Department and is responsible for all new incoming leads, coordinating Tradeshows and just a myriad of tasks while assisting the Sales Consultants.

 

Before working for ARMS, Susie worked for NASA in Clear Lake/Houston. She also had her own Photography Company & Studio. Susie has also had previous career employment in law and medicine.

 

Susie attended Metro State College in Denver, Colorado. Susie's hobbies include creative photography, attending concerts, dancing, hiking and most importantly NASCAR !

 

 

 

Advanced Retail Management Systems
Referral Rewards
  
$100 for You and $100 for the Retailer You Refer!


ARMS Referral ProgramHere's how it works:

1.   Let us know the name and contact information for another retail company that is looking for a POS system and receive a $100 Visa Gift card that can be used anywhere Visa debit cards are accepted.

 

2.   Once the referred retailer participates in a 1 hour web presentation for CounterPoint, Retail Pro or Microsoft RMS they will also receive a $100 Visa Gift Card.

 

 

Contact us today with your referral. Call Susie Carmen at (800) 305-0461 Ext 357 or e-mail her at susie.carmen@armsys.com.  Visit our website to register your referral at www.armsys.com  

 

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