Top 8 Jewelry Store POS Software (Jun 2024)

Jewelry Store POS Buyer's Guide

Overview

Retail and Point of Sale (POS) software is a category of technology solutions designed to help businesses manage sales transactions, inventory, customer data, and more efficiently. These software solutions are essential for retail businesses looking to streamline their operations, enhance customer service, and make informed business decisions.

Main Features

Some of the main features of retail and POS software include inventory management, sales tracking, customer relationship management (CRM), employee management, analytics and reporting, and integration capabilities with other business systems.

Main Business Processes the Software Apps Can Help With

Retail and POS software can assist businesses in managing various processes such as inventory tracking, sales processing, customer engagement, employee scheduling, loyalty programs, and financial reporting.

Steps on How to Buy This Software

When buying retail and POS software, businesses should first assess their specific needs and requirements. They should then research available options, request demos from potential vendors, compare features and pricing, check for compatibility with existing systems, and consider factors such as customer support and scalability before making a decision.

Things to Consider

Key factors to consider when purchasing retail and POS software include ease of use, scalability, integration capabilities, security features, customer support, pricing structure (e.g., upfront costs, subscription fees), and the reputation of the software vendor.

Most Popular Vendors and Market Share

Some of the most popular vendors in the retail and POS software category include Shopify, Square, Lightspeed, Vend, and ShopKeep. According to recent market research, Shopify and Square hold significant market shares in this category.

Trends and Next Steps in This Category

Current trends in retail and POS software include the increasing use of cloud-based solutions, omnichannel capabilities, mobile POS systems, AI-driven analytics, and enhanced cybersecurity features. The future of this category is likely to focus on further integration with e-commerce platforms, IoT devices, and advanced data analytics for personalized customer experiences.

10 Questions to Ask Software Vendors During a Demo

1. How does your software handle inventory management and tracking?
2. Can the POS system integrate with e-commerce platforms?
3. What kind of customer support options do you offer?
4. Does the software support loyalty programs and promotions?
5. How secure is the system in processing transactions and storing customer data?
6. Are there any limitations on the number of users or transactions in your pricing plans?
7. Can the software generate detailed sales reports and analytics?
8. Does the POS system support multiple payment options and currencies?
9. How often do you release software updates, and are they included in the pricing?
10. What training and onboarding resources do you provide for new users?

Head to head Jewelry Store POS software leaders comparisons:

List of Jewelry Store POS Software:

Retail POS Price Range

Most retail point of sale products in the market have pricing based on the number of users, physical locations, machines, or sales outlet. Most products are priced per month, and their pricing can be divided into three tiers, starting from $29 to $39, $39 to $75, and then $75 upwards.

These are the price ranges for basic offerings of most vendors; hence, premium offerings which come with more features cost more. For example, Ricochet pricing starts from $99 per month, KORONA costs about $49 per month, and WooPOS pricing starts from $29 per month. Perpetual licences can also be bought for some retail POS software. An example is RetailEdge which can be bought with a one-time fee of $449.

In addition, retail POS vendors target different organization sizes, so business size determines the price.

• Small Businesses that are looking for a retail POS system can expect to pay between $25 to $50 on a monthly basis. For instance, Epos Now pricing starts from $39 per month, and ThriftCart starts from $50 per location, per month. Meanwhile, some products have freemium plans for small business, while some products are completely free. For example, HadePay is 100-percent free to use.
• Medium Businesses can expect pricing points between $50 to $120 for a retail POS system monthly. For example, Heartland Retail pricing starts from around $99 per month, LightSpeed POS from $69 per month, and Realtime Cloud from around $80 per month. The number of user accounts paid for on each plan can also attract discounts, depending on the pricing terms from each vendor.
• Large Businesses can expect prices that fall between the range of $120 to $500 for a retail POS system monthly. For example, RUnit Realtime Cloud pricing starts from $258 per machine monthly, WinWard System Five from around $125 per month, and Epicor Retail Solutions costs around $350 per month for each user account. However, many vendors do not disclose their pricing for large businesses so as to enable them to adjust their pricing based on the need of each organization.

Here are some Retail POS best of breeds and their price ranges are as follows:

• Retail Management Software Retail management products can be divided into three tiers, and the price ranges for each tier are $28 to $39, $39 to $83, and $83 above. Also, most retail management products are priced on a monthly basis per user or physical location managed with the software. For example, Quant Retail pricing starts from $180 per user monthly, PHP Point of Sale from $39 per month, and POSExpress costs up to $190 per month.
• iPad POS Most iPad POS products in the market are priced per user or per usage based on a monthly basis. Their price points fall into two tiers, starting from $0 to $30, and then $30 to $85. For example, TillPoint pricing starts from $29 per month, Ambur POS from around $60 per month, and Loyverse pricing starts from $0.01 per usage every month. Meanwhile, some iPad POS software have perpetual licenses that can be bought with a one-time fee; an example is Digital Dining which costs $10,000.
• Bar POS Software Bar POS products in the market can be divided into two tiers, with each having a different price range depending on the robustness of features. The price ranges fall within $15 to $40 and $40 to $85. For example, BePOZ Point of Sale pricing starts from $69 per month, HarbourTouch POS from $29 per month, and Unicenta from $49 monthly.
• Restaurant POS Software For a restaurant POS software, users can expect to pay between the ranges of $50 to $100 above per user, table, or managed location. For example, SpotOn Restaurant pricing starts from $65 monthly, Toast POS from $79 per month, and Upserve POS pricing is around $59 monthly. However, most products may incur extra one-time fees that fall between $2,000 to $7,000 because they require additional hardware equipment to run.
• Retail Management POS Most Retail Management POS software in the market are priced on a per-user, per-month basis, and their price can fall between three ranges, from $0 to $50, $50 to $100, and then $100+ upwards. For example, Lavu pricing starts from $69 per month, PoinOS from $39 per user monthly, and TouchBistro from around $70 per user monthly.