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Vinh Jacker | 11-11-2024
As business grows, Magento retailers might look for a solution to go omnichannel and connect their online website with physical stores. There are many solutions in the market, both native and non-native to Magento. In this post, we’ll examine Magestore POS, one of the most popular Magento-native POS systems that might just help you stay ahead of the competition.
Magestore POS is a point-of-sale (POS) solution designed specifically for Magento merchants. It enables efficient management of products, inventory, orders, sales, and customer data in a centralized system. It provides advanced features such as real-time data synchronization, advanced targeting options, and customizable functions to match business requirements.
With Magestore POS, businesses can instantly sync their retail operations across various channels and create a cohesive online and in-store experience. The solution helps businesses boost revenue, save time, and deliver personalized experiences that meet to their customers’ needs and preferences.
Magestore POS is an effective payment solution that allows businesses to create unlimited users, registers, and locations. Besides, it also offers a transparent delivery process and extensive integration capabilities with other software, such as payment gateways, accounting systems, and shipping platforms.
Many retailers choose Magento as their eCommerce platform for its strengths and flexibility. It’s a powerful platform that lets you set up your business exactly the way you want, and customizable enough with a strong developer community.
However, connecting your Magento site to your offline store to build an omnichannel system isn’t easy, and you’ll find many challenges in terms of both business processes and technology.
Here are some of the most common problems Magento merchants face when running an omnichannel retail, and why Magento-native solutions like Magestore POS exist in the first place.
Many retailers use Magento for their online sales channel and another point of sale system such as Microsoft Dynamics for their offline stores. This usually leads to delay in data synchronization between your outlets and eCommerce sites. Therefore, your sales, product, inventory, and customers information might not be consistent across your system. Running your business with outdated information is frustrating for you, your staff, and your customers.
In addition, Magento has very robust settings for product, promotion, and inventory. This requires very complex integration between your online and offline systems to make sure all data flow seamlessly between the two channels. Otherwise, you’ll have to set up everything twice, or deal with unsynced data that requires extra effort to reconcile later.
Magento has a steep learning curve, so inexperienced users can struggle to get its functions. It might take a while for your staff to fully utilize Magento’s capabilities. If the workflows on your online and offline channels are different, you will need more time to train your staff to adapt and run two systems properly.
To set up and run a Magento system, you’ll need an in-house development team, or an external Magento development service. If you’re running separate POS and online systems, you might need to hire separate technical teams, one for your Magento site, and one for your POS system.
The costs will grow as your business expands.
Maintaining a Magento website is also something many merchants struggle with. While you can find many Magento extensions and solutions that address pretty much any kind of business needs, they come from thousands of providers. Working with many solution providers at once can cause conflicts on your website. Without technical expertise and a good version control system, troubleshooting can be time-consuming.
For Magento merchants who want to centralize and expand their system, Magestore offers a unified commerce solution:
Magestore POS claims to help retailers simplify store operations and gather all data in Magento.
We’ll review how Magestore delivers on these promises and the benefits of their solutions through:
Retailers will use Magento for their online website, and run Magestore POS in their offline stores. All operators are available in Magento Admin backend.
Being native with Magento is one of Magestore’s biggest strengths. Magestore POS integrates directly into Magento without any extra addon and utilizes all of Magento configurations. This means merchants can centralize data on:
Magestore POS is compatible with the Open Source as well as the Commerce version. It also works with the latest Magento version including Magento 2.4. Therefore, merchants can stay up to date with the latest Magento technology.
Let’s have a look at the key features of the Magestore solution.
Magestore POS is web-based, using Google’s Progressive Web App technology. It works on any browser, and on both PC and iPad. You can access the POS screen from your backend, or quickly create a shortcut on the home screen.
Magestore POS can run without Internet access. It will automatically switch to offline database when you lose connection, which is very useful if you’re running pop-up stores or trade shows.
Magestore POS has a straightforward user interface and has the same process to create orders as Magento’s, from selecting product options to calculating taxes. This means less time training the staff and faster sales in the retailer’s stores.
But the biggest advantage of using Magestore POS is its real-time sync:
Another good feature that comes with the POS is click and collect. Your customer can buy online and pick up their order at any time and day. This helps merchants stay open and serve customers safely during the COVID pandemic.
Magestore POS uses Magento’s Inventory Management system:
Having one product catalog across channels seriously reduces errors and data entry.
With barcode management, merchants can manage thousands of product SKUs in a more effective way. They can generate and print barcodes, then scan these barcodes during sales, receiving products, or stocktaking.
For Magento merchants looking for advanced inventory management, Magestore POS also enables:
Thanks to its complete integration with Magento, Magestore POS lets merchants track order history of all customers right on the POS screen, or in Magento backend. You can create orders with out of stock items on the POS (backorder).
The solution divides order fulfillment into 5 steps: verify, prepare, pick, pack, deliver. Merchants can easily follow these steps to handle a large number of orders.
If you want to save inventory cost with dropship, Magestore POS actually includes this feature in the Magento admin. You can give suppliers accounts and listing pages, and process orders with 3 steps: request, confirm, and create shipment.
Magestore POS covers a lot of back office operations, so it’s no surprise that they touch on procurement as well.
Magestore solution also lets merchants complete the purchasing process from one centralized system. All activities are available in your Magento backend, including:
Magestore POS inherits all of Magento’s catalog and cart price rules. This means Magento merchants can create the promotions once in their backend, then run the same program on their online and offline stores without extra setup.
In addition, Magestore’s reward points, gift cards, and store credits also work both online and in-store. Their reward points module lets you set up earning and spending rates based on customers as well as certain actions such as signing up for an account. Gift cards boost sales and brand recognition for retailers. Store credits can be used for both sales and refund.
Build up a proper tiered program that offers a special discount by order & customer data
Check it out!Magestore POS offers a basic set of reports that provide real-time information on:
Magestore POS offers flexible pricing options to meet the needs of businesses of all sizes. The pricing is tailored to specific requirements and can be obtained by contacting their sales team. Magestore allows users to pay only one-time for Magento POS license via bank transfers. Regarding the license refund policy, Magestore offers a 90-day money-back guarantee, ensuring customer satisfaction. If a user encounters any issues or is unsatisfied with the product within 90 days of purchase, they can request a refund. Book a personalized consultation with Magestore team to quote a price!
To purchase Magestore solution, you’ll first need to contact their consultant team. In addition to a product demo, they will work with you to define a solution that’s most suitable for your business. Magestore has worked with Magento for over 10 years, and they can offer in-depth consultation on how to align Magento capabilities with business needs.
Magento POS is 100% open source code, and you can adapt their solution to fit your special needs. In case you don’t have an in-house development team, you can request Magestore for a customized solution. This includes adding new features, connecting with hardware, integrating with other 3rd party addons and more.
Magestore is a company that follows the agile methodology. Magestore will work closely with the merchant to set the scope and milestones. They deliver the results weekly, so you can actually review and adjust your system gradually, instead of waiting for one big package that’s impossible to change by the launch date.
Magestore POS is an omnichannel solution that can be complicated to install and configure. Luckily, Magestore provides a lot of support for their POS. You will work with one dedicated support team and one contact point (your project manager). They utilize Slack as the main communication flow, which makes discussion easier to both parties. You can also find product guides on their Help Center.
Here’s a quick summary of the strengths and drawbacks of Magestore POS:
Strengths:
Drawbacks:
Overall, Magestore POS is a good fit for Magento merchants who want to centralize their system with the necessary resources. If you’re a business owner looking to connect your website and physical stores, head over to Magestore and schedule a talk with a consultant to discuss your requirements.
Good luck and stay safe!