Buy EPOS from new on a regular basis and you could be doing more harm to your growth potential than you realise.
Growth is a key metric for a vast majority of businesses the world over. There are all sorts of different ways to measure growth though; the financial metrics are obvious, but is your brand’s reputation growing positively amongst customers, for instance?
Is your brand growing by making a positive contribution to the environment by actively cutting its carbon footprint? It’s easy for CEOs, CFOs, CMOs and others in a business to get lost in spreadsheets and statistics when it comes to growth and only focus on the numbers.
Reputational growth is just as important as financial growth, though, and you stand a better chance of achieving your business goals if all of your growth ambitions align and work for each other.
Instead of just looking at the big picture, there are lots of small things that can be done within a business to help boost its growth potential – the way you buy EPOS solutions is one of them.
EPOS (otherwise known as electronic point of sale systems) are crucial to the smooth running of businesses across the majority of verticals that are focused on growth.
For how essential they’ve become to commercial workflows though, not many within a business may consider the negative impacts that may come when they buy EPOS tech from new in a financial and reputational sense.
The first is budget-related. EPOS tech – whether a mobile terminal or screen at a retail store – can be fragile depending on the brand used and its role in the business. If there’s a large reliance on EPOS systems, then it’s likely managers will buy EPOS tech from new if ever there’s a problem in a bid to keep workflows efficient.
That can add up over time, especially if it’s a go-to strategy for the business. New EPOS units can be expensive and eat into the budget, impacting growth. At the same time, heading out or online to buy EPOS solutions on a regular basis could be contributing negatively to the environment.
Though EPOS tech is fantastic at driving business efficiency, units are made from small parts and batteries that aren’t necessarily environmentally-friendly. Add in packaging and transport costs, and every time you purchase new EPOS equipment, you could be increasing the company’s carbon footprint.
There is a way to boost financial and reputational growth with EPOS technology, and that’s by working with an experienced partner on a bespoke basis that will provide maintenance to your EPOS tech on a regular basis.
The right partner will also be able to provide refurbished like-new EPOS solutions to a company, which can be much better for the budget and the environment than buying from new – something that customers old and new will really appreciate the brand investing in.
At the same time, they’ll also be able to purchase old EPOS equipment at a fair price to repurpose it and reintroduce it back into the economy, or dispose of it in the right way.
