4 Ways Self-Checkout Saves Grocers Money
Self-checkout is the new norm for grocery stores.
Sure, self-checkout kiosks have been popular for some time. But after the COVID-19 pandemic that required many grocers to rely on them to keep their customers and their business safe, grocers and shoppers better understand their benefits — which means they’re here to stay. In fact, experts predict that by 2026 there will be 1.5 million self-checkout kiosks installed globally.
This industry trend is the perfect solution for customers who want complete control over their transactions — but how much does it really help grocers?
Here are four ways self-checkout kiosks save your store money.
1. Save on Employee Labor Costs
One of the biggest benefits of self-checkout kiosks is that they save you money on labor costs. With a self-checkout option, one cashier can oversee six transactions at once.
You don’t need as many cashiers to fully staff your checkout lanes — but you don’t have to sacrifice efficient customer service, either. And with the ongoing labor shortage in the industry, you need to explore every option possible to keep your store running smoothly.
2. Attract More Customers
Self-checkout gives customers complete control over their transactions, from looking up prices to how quickly they scan their items. The shopping experience is entirely up to them, which is attractive to many potential buyers. You may even turn them into repeat customers, meaning more money in your pocket.
3. Make Room for More Lanes
There will always be a need for traditional checkout lanes, but they do take up valuable floor space. Self-checkout kiosks, on the other hand, don’t. In fact, you can fit about four to six self-checkout kiosks in the space you need for one traditional lane, increasing the number of customers you can serve at any given time — and more transactions mean more money.
And with the extra space, you might even consider adding inventory. Make the most of your floor space to make the customer experience more efficient — you’ll not only attract new customers, you’ll convince them to come back for more.
4. Improve Store Efficiency
Self-checkout improves backend efficiency, too. Find a self-checkout kiosk that integrates seamlessly with your point of sale (POS) system to streamline communication, data, and reports throughout your store — and even across multiple locations, if you have them.
This increases the overall efficiency of your store, because you don’t have to worry about manually transferring data from individual kiosks to your POS. Plus, it’s easier to spot discrepancies and quickly solve problems.
Boost Your Business With Self-Checkout Options From IT Retail and Our Partners
To keep up with growing industry trends, smart grocery store owners leverage self-checkout options to boost their bottom line. It keeps customers happy and business booming.
And while IT Retail has always appreciated the value of self-checkout, we know when it’s time to up the ante — which is why we’re partnering with HP and Fujitsu to bring the best self-checkout experience to your store, so you can save precious time and money.
Ready to upgrade your self-checkout?
To learn more about how our partnership with HP and Fujitsu can help you amp up your business operations ASAP, schedule a demo with one of our IT Retail specialists today! And if you already know what you need to get started, create your own custom quote with our build and price tool.