That means cloud-based POS has officially moved from early adopters into the mainstream.<\/p>\n
Diffusion Of Innovation<\/strong><\/h3>\nThere is a social science theory known as the Diffusion of Innovation<\/a>.\u00a0 Developed by E.M. Rogers, it is designed to show how an idea or product gains momentum.\u00a0 In studying products over time, the theory explains how products go from being brand new to a novelty to an accepted product.\u00a0 \u00a0What Rogers found over the years was a consistent progression.\u00a0 Innovators and trend setters trying new products accounted for about 2.5% of the market.\u00a0 Early adopters came next, adding 13.5% market share.<\/p>\nOnce the magic 15% number was hit, the product or service became mainstream and additional adoption happened rapidly.\u00a0 What he termed \u201cthe early majority\u201d added another 34%.\u00a0 The \u201clate majority\u201d and \u201claggards\u201d made up the rest of the market over time.\u00a0 With every category of restaurant POS surpassing the 15% mark, you can expect adoption to grow dramatically over the next few years.\u00a0 Our friends at Reforming Retail predict a 50% adoption rate across the restaurant category by 2021.<\/p>\n
The “Tipping Point”<\/strong><\/h3>\nExamining current purchases supports those findings.\u00a0 Analyzing system purchases over the past six months shows that more than 60% of the new systems purchased were cloud-based.\u00a0 This represents the \u201ctipping point\u201d for the cloud. \u00a0It\u2019s the first time that cloud systems surpassed sales of on-premise installed POS systems.<\/p>\n
Cloud POS Benefits<\/h3>\n
Switching from traditional sales systems to a more intuitive and robust point-of-sale software system has significant advantages.\u00a0 Cloud POS Benefits are numerous:<\/p>\n
\n- Accuracy:<\/strong>\u00a0 Inaccurate inventory, sales that go unrecorded, and human errors have been around as long as retailers have been doing business.\u00a0 Scanning is more accurate than keying in numbers while automatically keeping track of inventory and minimizes mistakes.<\/li>\n
- Business Data:<\/strong>\u00a0 Tracking individual customers and ROI of individual products, such as ingredients in recipes for restaurants, can give you a way to measure the impact of cost changes for even the smallest items, or providing incentives for returning customers.<\/li>\n
- Inventory Management:\u00a0<\/strong> One of the biggest struggles small business have, especially in the restaurant industry, is managing inventory and controlling waste.\u00a0 Cloud-based POS software allows for tighter inventory control and product analysis.<\/li>\n
- Speed:<\/strong>\u00a0 Slow checkout lines can cost you customers.\u00a0 A POS system can help your team check out customers more quickly, while reminding the cashier of any potential up-sale opportunities or customer rewards.<\/li>\n
- Access:<\/strong>\u00a0 Even with multiple locations, it gives owners and managers a way to access data across work units, track trends, and compare performance.<\/li>\n<\/ul>\n
<\/p>\n
In addition, using tablet POS systems, connected to the cloud, allow\u00a0for greater mobility.\u00a0 While QSR restaurants can provide faster checkout, full-service<\/a> restaurants can bring the device right to the table.<\/p>\nIt can also minimize system downtime.\u00a0 Even if your system has issues connecting to the cloud, you can use it in an offline mode and continue to manage transactions.\u00a0 Once the connection is re-established, new data can be synced with no data loss.<\/p>\n
Source<\/h3>\nreformingretail.com\/index.php\/2018\/08\/28\/have-we-reached-peak-legacy-pos\/<\/a><\/h6>\nwww.pymnts.com\/restaurant-technology\/2018\/qsr-payment-acceptance-technology-restech-index\/<\/a><\/h6>\nwww.business.com\/articles\/9-benefits-of-making-the-switch-to-cloud-based-pos-software\/<\/a><\/h6>\nwww.lingapos.com\/ipad-pos-benefits\/<\/a><\/h6>\nreformingretail.com\/index.php\/2016\/11\/01\/the-simple-reason-brick-and-mortar-is-40-years-behind\/<\/a><\/h6>\nsphweb.bumc.bu.edu\/otlt\/MPH-Modules\/SB\/BehavioralChangeTheories\/BehavioralChangeTheories4.html<\/a><\/h6>\n <\/p>\n
\n\r\n\tWatch the Quick 90-second Demo video<\/span><\/h2>\r\n ![\"Linga](\"\/\/www.lingapos.com\/wp-content\/uploads\/2018\/01\/video-thumb.png\")
<\/div><\/center><\/div>\r\n \r\n\t\t\t\r\n\t\t\t- \r\n\t\t\t
![\"quote](\"\/\/www.lingapos.com\/wp-content\/uploads\/2017\/04\/quote-icon.svg\")
<\/center>\r\n\t\t\t<\/li>\r\n\t\t\t- \r\n\t\t\t
Linga has helped us track our franchise sales by providing a single platform that is easy to manage and access remotely.<\/span><\/h2>\r\n\t\t\t\u2013 Sam Lamba, CEO of Gong Cha USA<\/p>\r\n\t\t\t<\/li>\r\n\t\t\t<\/ul>\r\n <\/div>
\r\n<\/div>\r\n\r\n \r\n \tSCHEDULE A CALL<\/a>\r\n <\/div>\r\n
Once the magic 15% number was hit, the product or service became mainstream and additional adoption happened rapidly.\u00a0 What he termed \u201cthe early majority\u201d added another 34%.\u00a0 The \u201clate majority\u201d and \u201claggards\u201d made up the rest of the market over time.\u00a0 With every category of restaurant POS surpassing the 15% mark, you can expect adoption to grow dramatically over the next few years.\u00a0 Our friends at Reforming Retail predict a 50% adoption rate across the restaurant category by 2021.<\/p>\n
The “Tipping Point”<\/strong><\/h3>\nExamining current purchases supports those findings.\u00a0 Analyzing system purchases over the past six months shows that more than 60% of the new systems purchased were cloud-based.\u00a0 This represents the \u201ctipping point\u201d for the cloud. \u00a0It\u2019s the first time that cloud systems surpassed sales of on-premise installed POS systems.<\/p>\n
Cloud POS Benefits<\/h3>\n
Switching from traditional sales systems to a more intuitive and robust point-of-sale software system has significant advantages.\u00a0 Cloud POS Benefits are numerous:<\/p>\n
\n- Accuracy:<\/strong>\u00a0 Inaccurate inventory, sales that go unrecorded, and human errors have been around as long as retailers have been doing business.\u00a0 Scanning is more accurate than keying in numbers while automatically keeping track of inventory and minimizes mistakes.<\/li>\n
- Business Data:<\/strong>\u00a0 Tracking individual customers and ROI of individual products, such as ingredients in recipes for restaurants, can give you a way to measure the impact of cost changes for even the smallest items, or providing incentives for returning customers.<\/li>\n
- Inventory Management:\u00a0<\/strong> One of the biggest struggles small business have, especially in the restaurant industry, is managing inventory and controlling waste.\u00a0 Cloud-based POS software allows for tighter inventory control and product analysis.<\/li>\n
- Speed:<\/strong>\u00a0 Slow checkout lines can cost you customers.\u00a0 A POS system can help your team check out customers more quickly, while reminding the cashier of any potential up-sale opportunities or customer rewards.<\/li>\n
- Access:<\/strong>\u00a0 Even with multiple locations, it gives owners and managers a way to access data across work units, track trends, and compare performance.<\/li>\n<\/ul>\n
<\/p>\n
In addition, using tablet POS systems, connected to the cloud, allow\u00a0for greater mobility.\u00a0 While QSR restaurants can provide faster checkout, full-service<\/a> restaurants can bring the device right to the table.<\/p>\nIt can also minimize system downtime.\u00a0 Even if your system has issues connecting to the cloud, you can use it in an offline mode and continue to manage transactions.\u00a0 Once the connection is re-established, new data can be synced with no data loss.<\/p>\n
Source<\/h3>\nreformingretail.com\/index.php\/2018\/08\/28\/have-we-reached-peak-legacy-pos\/<\/a><\/h6>\nwww.pymnts.com\/restaurant-technology\/2018\/qsr-payment-acceptance-technology-restech-index\/<\/a><\/h6>\nwww.business.com\/articles\/9-benefits-of-making-the-switch-to-cloud-based-pos-software\/<\/a><\/h6>\nwww.lingapos.com\/ipad-pos-benefits\/<\/a><\/h6>\nreformingretail.com\/index.php\/2016\/11\/01\/the-simple-reason-brick-and-mortar-is-40-years-behind\/<\/a><\/h6>\nsphweb.bumc.bu.edu\/otlt\/MPH-Modules\/SB\/BehavioralChangeTheories\/BehavioralChangeTheories4.html<\/a><\/h6>\n <\/p>\n
\n\r\n\tWatch the Quick 90-second Demo video<\/span><\/h2>\r\n <\/div><\/center><\/div>\r\n \r\n\t\t\t\r\n\t\t\t- \r\n\t\t\t
<\/center>\r\n\t\t\t<\/li>\r\n\t\t\t- \r\n\t\t\t
Linga has helped us track our franchise sales by providing a single platform that is easy to manage and access remotely.<\/span><\/h2>\r\n\t\t\t\u2013 Sam Lamba, CEO of Gong Cha USA<\/p>\r\n\t\t\t<\/li>\r\n\t\t\t<\/ul>\r\n <\/div>
\r\n<\/div>\r\n\r\n \r\n \tSCHEDULE A CALL<\/a>\r\n <\/div>\r\n
<\/p>\n
In addition, using tablet POS systems, connected to the cloud, allow\u00a0for greater mobility.\u00a0 While QSR restaurants can provide faster checkout, full-service<\/a> restaurants can bring the device right to the table.<\/p>\n It can also minimize system downtime.\u00a0 Even if your system has issues connecting to the cloud, you can use it in an offline mode and continue to manage transactions.\u00a0 Once the connection is re-established, new data can be synced with no data loss.<\/p>\n <\/p>\n \u2013 Sam Lamba, CEO of Gong Cha USA<\/p>\r\n\t\t\t<\/li>\r\n\t\t\t<\/ul>\r\n <\/div>Source<\/h3>\n
reformingretail.com\/index.php\/2018\/08\/28\/have-we-reached-peak-legacy-pos\/<\/a><\/h6>\n
www.pymnts.com\/restaurant-technology\/2018\/qsr-payment-acceptance-technology-restech-index\/<\/a><\/h6>\n
www.business.com\/articles\/9-benefits-of-making-the-switch-to-cloud-based-pos-software\/<\/a><\/h6>\n
www.lingapos.com\/ipad-pos-benefits\/<\/a><\/h6>\n
reformingretail.com\/index.php\/2016\/11\/01\/the-simple-reason-brick-and-mortar-is-40-years-behind\/<\/a><\/h6>\n
sphweb.bumc.bu.edu\/otlt\/MPH-Modules\/SB\/BehavioralChangeTheories\/BehavioralChangeTheories4.html<\/a><\/h6>\n
\nWatch the Quick 90-second Demo video<\/span><\/h2>\r\n
<\/div><\/center><\/div>\r\n \r\n\t\t\t
<\/center>\r\n\t\t\t<\/li>\r\n\t\t\tLinga has helped us track our franchise sales by providing a single platform that is easy to manage and access remotely.<\/span><\/h2>\r\n\t\t\t
\r\n<\/div>\r\n