Going digital- The opportunities and where to start

People are spending over 3 hours online every single day, that’s 90 hours in a month! There has been a fundamental and profound shift to digital in India. What do the growing number of online opportunities mean for your business? Even if you are a retailer whose business runs on word of mouth and referrals. How can you derive benefit from exploring the online marketplace? Do you have a million and one questions that need to be answered? Well, you could start here.

If there’s one hard and fast rule to doing anything at all and being able to succeed, then it’s to MAKE A PLAN. This doesn’t change with the where, how, what or when. If you are looking for what to begin with, after reading everything that you found about going digital on the internet, then this is for you.

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POS (Point Of Sale)- All you need to know

Point of Sale- ( Abbr. – POS) Place where a sale is made.

Point of Sale
Weaver – Point of Sale

What is POS?

Point of sale, also referred to as point of purchase, is where a customer completes a sales transaction. Anyplace where a product/service is sold/bought is the point of sale. It could be a mall, restaurant, grocery store, a theatre, salon, stationary shop or anywhere you make a transaction; the exchange of a product/service for a certain monetary value. 

What is POS transaction?

The “point” where a customers tenders payment using any mode of payment, namely cash, card, wallet or mobile payments etc. in exchange for goods/services.

Point of sale

What is POS on a bank statement?

POS on a bank statement is usually used to describe the type of sale. You can see POS on your bank statement if you used your Debit Card to pay and complete a sales transaction. The details of the vendor you purchased from might appear in case of a Credit Card Statement.

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