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How to use reports from your EPoS system to make more net profit

Question from a new retailer

We had this question in from a new retailer which I thought was worth sharing.

I have taken over a shop with an existing epos system that provides lots of reports, whilst they are interesting what can they really be used for?

There are lots of ways to answer this question. I will look at one of the direct ways in which to utilise this information.

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2009 Boom Year for Online Retailers

Figures issued by IMRG and Retail Decisions

Figures issued by IMRG and Retail Decisions show that 2009 online retail sales were at an estimated £49.8 billion, up 21 per cent from 2008. Up to thirty-three million consumers hit their computers. 30% of online sales took place in November and December, underlining the importance of the holiday period for retailers. The top 5 busiest days were all Mondays

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