Point of Sale (POS) Glossary
Variable pricing occurs when a retailer offers a product or service at different or frequently changing prices versus a fixed amount. An example of variable pricing might be a merchant offering one price on their website and another price when purchased at a point of sale register in a physical store. Another example might be a seafood restaurant that adjusts its crab or lobster prices based on frequently changing market costs.
A retailer may change prices for sales or seasonally, but this is not considered variable pricing. Variable pricing is a much more frequent adjustment of cost or pricing based on demand, stock, location, and other dynamically changing things. A robust POS terminal may be configured to handle both fixed and variable pricing.
The most comprehensive set of glossary terms in point of sale industry.
See what separates ACID Point of Sale from the rest of the POS solutions.
Is Having an eCommerce Store Good for Your Physical Shop
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.
Rico Cardona
Should You Collect Charitable Donations?
You’ve probably been at the register at the grocery store and asked if you wanted to contribute money to a charity as you checked out. Maybe you donated, or perhaps you found it was annoying. It might have depended on your mood that day, or possibly the charity was a deciding factor.
Rico Cardona