The advantage of fast fashion in the clothing industry lies in its cheapness, rapidity and low price, which means clothing shops should rapidly update and continuously supply new clothes. With the improvement of economic capability, consumers are no longer satisfied with buying mass-produced clothes at a low price, but unique experiences and innovative products.
There are 25% female consumers plan to quit fast fashion in 2019, most of them young consumers, a fashion organization Thredup latest reported.
Many foreign fast fashion brands are facing sales crises or nearly bankruptcy including Top shop. New Look. Forever21. Such an environment and the market trend is undoubtedly a huge change for fast fashion, which also warns the clothing shops owners should change their business strategy and strengthen management control.
As a global smart payment terminal partner, Telpo deeply understands that the traditional cash register with the basic cashier function fails to satisfy the needing of clothing stores any more. The only way to help clothing stores grasp effectively market data and learn consumers’ needing dynamic is the sales data collected by the smart terminal such as an information system and smart cash register.
Demand drives product. The global smart payment terminal partner, Telpo designs a smart dual-screen cash register TPS680. It contains an industrial motherboard and high-performance CPU. If match corresponding cash register software, it can help clothing stores realize cash register, storage and data processing, and other applications.
With the help of sales data, clothing stores can further determine the style and quantity of clothing they need to stock. Therefore clothes will more in line with consumers’ preferences and less inventory accumulation.
By the way, it supports NFC、QR code payment and smiles to pay. Its rich external ports enable it free access to equipment like scanning box, receipt printer and so on. More functions and scenes can be provided, more interaction and unique payment experience customers can enjoy.
In addition, the smart cash register owns an independently developed Telpo cloud platform, which assists clothing store owners to remotely understand and supervise the sales data of clothing stores and observe the operation of stores. External applications can be added to the smart cash register pursuant to business operation, improving customers shopping interest.
Tag: fast fashion, smart cash register, clothing store, smart terminal, Telpo, smart payment
Brief Introduction: Telpo is a professional smart payment partner who mainly provides the EFT-POS, cash registers, biometric device, face recognition machines, self-service kiosks, and bus validators. Telpo has served for more than 1000 customers abroad, including government, banks, Telecom operators, police station, Retail shops, and office. Telpo adheres to R&D and innovation, aiming to provide more intelligent hardware for global partners.