{"id":53798,"date":"2022-09-02T23:00:41","date_gmt":"2022-09-02T20:00:41","guid":{"rendered":"https:\/\/iconicerp.com\/?p=53798"},"modified":"2022-09-01T23:19:53","modified_gmt":"2022-09-01T20:19:53","slug":"7-retail-cash-wrap-tips-to-help-you-increase-sales-at-the-checkout-counter","status":"publish","type":"post","link":"https:\/\/iconicerp.com\/ar\/7-retail-cash-wrap-tips-to-help-you-increase-sales-at-the-checkout-counter\/","title":{"rendered":"7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter"},"content":{"rendered":"<table class=\"aligncenter\" style=\"width: 80%; border-collapse: collapse; border-style: none;\">\n<tbody>\n<tr>\n<td style=\"width: 80%;\">If there was an easy way to entice your shoppers to make more purchases while in your store, would you do it? Chances are, that you would. The good news is that there are plenty of ways to make that happen \u2014 starting with your checkout counter and cash wrap. Look at 7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter.<\/p>\n<p>It\u2019s here that the shopper goes from simply being a guest in your store to becoming a paying customer. But a checkout counter isn\u2019t just a place to pay for things; it\u2019s a place to build your brand, create customer loyalty, and of course, increase sales.<\/p>\n<h2><b>What is a cash wrap?<\/b><\/h2>\n<p>Simply put, cash wraps are the locations in your store where customers pay for merchandise. But it\u2019s more than just a cash register. It also applies to the surrounding area, including any retail displays or nearby aisles.<\/p>\n<p>To expand a bit, it\u2019s the one place that all of your customers need to pass through to exit your store \u2014 whether they\u2019re buying something or not. It\u2019s essentially the last chance you have to entice them to make a purchase. Maybe they didn\u2019t find exactly what they were looking for and started to walk out, only to have their eyes drawn to a display of goods right by the register \u2014 which they end up buying.<\/p>\n<p>That\u2019s the power in a cash wrap.<\/p>\n<h2><b>What to consider when designing a cash wrap<\/b><\/h2>\n<p>While retailers can easily use a cash wrap area to increase sales, that doesn\u2019t mean it\u2019s always used effectively. In fact, this area is often overlooked and not used to its full potential. While you won\u2019t be able to display large items, you can focus on impulse buys and maximizing the selling potential of your floor space.<\/p>\n<p>Here are a few things that you should consider:<\/p>\n<h3><b>Take note of the available space you have<\/b><\/h3>\n<p>How much space do you have to work with and how does the cash wrap fit into your store layout? When it comes to storing layout and traffic flow in places like the US, your cash wrap should ideally be on the left side of the store, towards the front. Most customers turn right when they enter a store, and you want your best-selling items in the back, creating the longest path through the store.<\/p>\n<p>(Note: The flow of retail traffic within a store may be different for merchants in the UK or Australia, so be mindful of this when setting up your cash wrap.)<\/p>\n<p>Make sure you keep enough space in front for customers to checkout, while keeping enough space behind the cash wrap for employees to easily work. A good reference guide is the\u00a0ADA Standard for Accessible Design, which mandates retailers have an area of at least 30 to 40 inches in front of the checkout counter, which will allow for a wheelchair.<\/p>\n<p>&nbsp;<\/p>\n<p>You\u2019ll also need storage for any bags and all the materials employees will need to check people out. The more organized this area is, the shorter the wait time will be for customers.<\/p>\n<p>&nbsp;<\/p>\n<h3><b><a href=\"https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-53807 size-full\" src=\"https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image.jpg\" alt=\"7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter\" width=\"1000\" height=\"700\" srcset=\"https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image.jpg 1000w, https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image-430x301.jpg 430w, https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image-150x105.jpg 150w, https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image-700x490.jpg 700w, https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image-300x210.jpg 300w, https:\/\/iconicerp.com\/wp-content\/uploads\/2022\/08\/what-is-a-cash-wrap-background-image-768x538.jpg 768w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/b><\/h3>\n<h3><b>Know the types of cash wraps in retail<\/b><\/h3>\n<p>Not all cash wraps are created equal, so think about the best checkout counter configuration for your store. The \u201cright\u201d cash wrap type will depend on the amount of space you have and your objectives.<\/p>\n<p>The three most common cash wrap configurations are:<\/p>\n<p><b>Single countertop\/checkout counter<\/b>\u00a0\u2013 With this setup, your cash wrap consists of a single checkout counter. This is usually positioned parallel to a wall and takes up the least amount of space, making it ideal for small shops.<\/p>\n<p>&nbsp;<\/p>\n<p><b>Dual cash wrap \/ two-part unit<\/b>\u00a0\u2013 According to\u00a0Palmer Retail Solutions, a dual cash wrap has \u201cone section parallel to the wall and another free-standing unit placed in front, facing the customer.\u201d This cash wrap works great for medium to large stores that need extra space for countertop merchandise.<\/p>\n<p>&nbsp;<\/p>\n<p><b>Three-part cash wrap<\/b>\u00a0\u2013 This configuration forms a U-shape around your cashiers, and it\u2019s ideal for high-traffic stores that require multiple people at the checkout counter. If you perform other customer-facing tasks at the checkout area (e.g., gift wrapping, order processing, customer support), then a three-part cash wrap is your best bet as it gives you ample countertop space to perform a variety of jobs.<\/p>\n<p>&nbsp;<\/p>\n<h3><b>Come up with your checkout counter merchandising strategy<\/b><\/h3>\n<p>One of the first things you can do to make this area profitable is also the simplest \u2014 look at the products that you put there. This is an area ripe for impulse buys \u2014\u00a0which we\u2019ll get to in a minute \u2014 so place items that are complementary to the products stocked in the rest of your store so that you can easily upsell.<\/p>\n<p>The best impulse buys aren\u2019t the most expensive items, but they do help increase total sales. For example, candy, gift cards, batteries, sunglass cases, and even warranties and insurance. Having a different mix of categories can entice your shoppers to buy even more.<\/p>\n<p>While these items will vary depending on the store, generally speaking, items on your cash wrap should be:<\/p>\n<ul>\n<li>Easy to grab<\/li>\n<li>Packaged in a highly visible, enticing way<\/li>\n<li>Lower priced that don\u2019t take a lot of decision-making effort<\/li>\n<li>Placed in direct line of the customer<\/li>\n<li>Timely, such as holiday promotions<\/li>\n<li>High-margin products<\/li>\n<\/ul>\n<p>Check out this example from the JapanLA store in Los Angeles. Their cash wrap is packed with a variety of easy-to-grab and high-margin items, including cosmetics, pens, notebooks, and gift cards.<\/p>\n<p>&nbsp;<\/p>\n<p>Consider doing something similar in your store.<\/p>\n<p>When deciding on your mix of categories, give them a minimum of three months on display, and then analyze their performance. Take a look at the retail data and then cut and replace any poor-performing categories.<\/p>\n<h1>Checkout counter tips for retailers<\/h1>\n<p>Now that you have a cash wrap designed, it\u2019s time to look at implementing some key strategies into the mix.<\/p>\n<h2><b>Encourage impulse buys<\/b><\/h2>\n<p>If a customer is coming up to the checkout counter, they\u2019re more than likely already going to make a purchase. This is the perfect time to entice them with more given that according to a\u00a0CreditCards.com\u00a0poll, five out of six American shoppers admit to making impulse purchases, 79% of which took place in physical storefronts.<\/p>\n<p>It could be that they\u2019re experiencing decision fatigue and their willpower is weakened, or it could just be that they\u2019re lured in by the perfectly placed product right next to the register. Regardless of the reason,\u00a0<a href=\"http:\/\/www.marketwired.com\/press-release\/at-kearney-study-finds-brick-mortar-stores-still-key-consumers-omnichannel-world-1840725.htm\">40% of people<\/a>\u00a0admit to spending more money than they planned when shopping in stores thanks to those impulse buys.<\/p>\n<p>As mentioned above, your cash wrap is the perfect place to stock relatively low-cost, novel merchandise that is hard for shoppers to resist. There are a couple of options. First, you can put them on or in front of your checkout counter, giving them maximum exposure.<\/p>\n<p>Another option is to have those items near the checkout line. For example, Victoria\u2019s Secret often has displays and fixtures containing inexpensive lip glosses, trial-size fragrances, and other novel items near the checkout counter often tied with an enticing promotion.<\/p>\n<p>&nbsp;<\/p>\n<h2><b>Provide useful solutions<\/b><\/h2>\n<p>How many times have you gotten to the front of a checkout line only to realize that you forgot to pick up something simple, yet important? Here\u2019s the chance for retailers to stock products that customers don\u2019t usually think about buying, but that they actually need.<\/p>\n<p>What you choose to stock here will depend on the kind of products that you sell in your store, but some general questions to ask include:<\/p>\n<ul>\n<li>What small products do customers often ask for help in finding?<\/li>\n<li>Do salespeople get asked about certain smaller items on a regular basis?<\/li>\n<li>What items does your target customer often need, but might not think to buy?<\/li>\n<li>Are there small, trial-sized versions that can turn into easy, useful add-ons?<\/li>\n<li>Are they any small items that can complement your current assortments?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Check out this example from House of CB in West Hollywood, CA. Their cash wrap is filled with accessories such as backless pads, adhesive cups, and covers which serve as perfect additions to the many strapless and backless clothing that the store sells.<\/p>\n<p>House CB also has a number of gift cards on its cash wraps to further drive sales.<\/p>\n<p>Speaking of which, regardless of your niche, one item that should always be placed in the cash wrap is gift cards. Simply seeing these on display can help a customer to remember an upcoming event, birthday, or occasion they need a gift.<\/p>\n<h2><strong>Use a sleek and modern POS system<\/strong><\/h2>\n<p>&nbsp;<\/p>\n<p>It\u2019s not just about the merchandise on your cash wrap. The POS system you use can also make a statement. A clunky cash register may communicate that your business isn\u2019t keeping up with the modern needs of shoppers. And depending on your brand, an unattractive POS or register may go against the image or style that you\u2019d like to convey.<\/p>\n<p>So, see to it that your POS looks as good and shiny as your store. This could mean using iPads and handheld devices that don\u2019t clutter up the cash wrap.<\/p>\n<p>On the other hand, if you need a larger display or additional equipment, adopting a POS system that works well with laptops and modern computers is a good way to go.<\/p>\n<p>For best results, use a point-of-sale solution (like Vend by Lightspeed) that works on a wide range of devices. This ensures that you have POs that work well, regardless of your tech preferences and needs.<\/p>\n<h2><b>Train your employees<\/b><\/h2>\n<p>Your employees know what they\u2019re doing, but make sure they\u2019re working the checkout counter in the most efficient way possible. While impulse products can often sell themselves, encouragement from workers can help boost sales even more.<\/p>\n<p>Have employees start conversations that could lead to more sales by asking questions about whether or not shoppers have found everything that they need, or if they want to add on an item that\u2019s relevant to an item they\u2019re already buying.<\/p>\n<p>In addition, make sure that they\u2019re employing upselling strategies, too. Place specific items behind the counter \u2014\u00a0but still in sight \u2014 and have employees start up a conversation about them, suggesting them as an add-on item to their order. Include signage that states available offers and promotions to help support your employee\u2019s sales efforts.<\/p>\n<p>However, make sure employees remember that \u201cno means no.\u201d There\u2019s a fine line between suggestive selling and being flat-out pushy. You want to build up trust and loyalty, and certainly not annoyance and resentment.<\/p>\n<p>Rely on smart and updated\u00a0<a href=\"https:\/\/iconicerp.com\/ar\/\" target=\"_blank\" rel=\"noreferrer noopener\">restaurant POS software<\/a>\u00a0and the right people to manage your business operations smoothly while you prepare for the next steps of your business.<\/p>\n<p>Don\u2019t forget to follow us on\u00a0<a href=\"https:\/\/www.instagram.com\/iconicerp\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a> for more restaurant trends and updates! <span style=\"color: #ffffff;\">7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter, 7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter, and 7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: center;\">{randomimage}wp-content\/uploads\/banners,100%,auto,Random image,https:\/\/iconicerp.com\/apply-for-trial\/{\/randomimage}<\/p>","protected":false},"excerpt":{"rendered":"<p>If there was an easy way to entice your shoppers to make more purchases while in your store, would you do it? Chances are, that you would. The good news is that there are plenty of ways to make that happen \u2014 starting with your checkout counter and cash wrap. Look at 7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter.<\/p>","protected":false},"author":1,"featured_media":53808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"_joinchat":[],"footnotes":""},"categories":[315],"tags":[249,295,296,238,247,246,217,233,182,221,243,297,225,298,299,229,245,239,300,240,237,226,251,301,253,254,302,223,241,242,227,218,181,255,256,303,228,258,304,305,306,259,260,219,230,250,244,307,232,308,248,220,236,257,222,309,234,231,235,224,310,311,252,312],"class_list":["post-53798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail-stores","tag-aliphia","tag-best-pos-system-for-restaurant","tag-busy-clover","tag-clover","tag-daftra","tag-dexef","tag-epos","tag-epos-now","tag-erp","tag-erp-software","tag-foodics","tag-free-inventory-software","tag-ginesys-in","tag-gofrugal","tag-hdpos-smart","tag-helcim","tag-investopedia","tag-it-retail","tag-it-retail-jio-gst","tag-korona","tag-lavu","tag-lightspeed","tag-loyverse","tag-marg-retail-pos","tag-matgry","tag-medaderp","tag-mrl-posnet","tag-mybillbook-in","tag-odoo","tag-oracle","tag-paycafe","tag-point-of-sale","tag-pos","tag-pos-meaning","tag-pos-system","tag-posist","tag-quickbooks","tag-restaurant","tag-restaurant-pos-software","tag-restaurant-pos-system","tag-restaurant-software","tag-restaurants-near-me","tag-restaurants-nearby","tag-retail-software","tag-revel","tag-rewaatech","tag-sap","tag-saral-pos","tag-shopify","tag-shopkeep","tag-smacc","tag-software","tag-square","tag-square-pos","tag-tally","tag-tally-shoper-9","tag-toast","tag-touchbistro","tag-upserve","tag-vend","tag-vend-pos","tag-whatsapp","tag-zoho","tag-zopper"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>7 Retail Cash Wrap Tips to Help You Increase Sales at the Checkout Counter - IconicERP Cloud<\/title>\n<meta name=\"description\" content=\"If there was an easy way to entice your shoppers to make more purchases while in your store, would you do it? 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