Point of Sale (POS) Glossary
A unit priced item is a product sold by quanitity, weight, or length. For instance, a thing might be sold at $1 each or $1 per pound. Weight is frequently used for food items, and length is often used for raw materials such as cloth. Unit pricing gives customers the flexibility to get the amount of product they want versus having to buy a preset quantity.
A point of sale system can be configured for unit pricing in many different ways. One option might include discounts for a bundle of items at a lower price than the per-unit pricing: for example, $1 each or 12 for $10. If items are sold by weight, a POS system might be equipped with a scale that weighs items and then calculates pricing based on a predefined unit of measurement.
Customers love promotions! Buyers are often pulled in by one deal and wind up buying regularly priced merchandise in addition to, or sometimes instead of your discounted items.
An eCommerce website is open 24/7 and accessible from all over the world. Being online and having physical store opens your business to a global market.